SFV REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

Condo Sales Drop in Valley, Climb in Santa Clarita

Condominium sales trended in opposite directions in July in the San Fernando and Santa Clarita valleys, according to the Southland Regional Association of Realtors Inc.

Trammell Crow Plans to Build Industrial Park in Santa Clarita

Fifty-four acres of land have sold in Santa Clarita for the development Center at Needham Ranch, according to one of the buyers, Trammell Crow Co. of Dallas. The acquisition price was not disclosed.

Sherman Plaza Office Complex Sold for $62 Million

The two towers comprising the Sherman Plaza in Van Nuys have sold for about $62 million, according to CBRE Group Inc. in Los Angeles.

CEO to Fill in as Finance Officer Leaves PS Business Parks

PS Business Parks Inc., the Glendale investor in office and industrial parks, announced Monday that its chief financial officer has stepped down.

MannKind Moving to Westlake Village

Valencia biopharmaceutical company MannKind Corp. is relocating its corporate headquarters to Westlake Village, the company confirmed Thursday.

Marcus & Millichap Ahead of Expectations

Marcus & Millichap Inc., the commercial real estate brokerage firm in Calabasas, jumped Wall Street expectations for its second quarter despite weaker year-over-year results.

Glendale Apartments Fetch $20 Million

A 63-unit apartment complex in Glendale has traded for $20 million, delivering a 60 percent gain to the sellers, according to Encino commercial real estate firm Investment Real Estate Associates.

Three Valley Shopping Centers Sold

Three Valley shopping centers have been sold by an L.A. retail developer as part of a $345 million portfolio sale and joint venture formation.

Tutor Perini's Mixed Quarter

Tutor Perini Corp. announced quarterly results Monday that exceeded Wall Street expectations on net income but fell short on revenue.

Warner Center Office to Make Way for Apartments

Residential developer California Home Builders in Canoga Park, a division of Evenhaim Industries Corp., has bought an office building for $16 million in Woodland Hills as the site for its next mixed-use project.

Preview: Trains, Buses, Housing

Public transportation plays a central role in North Hollywood's vision for the future.

Preview: Food Trucks Serve Dinner on Doorstep

Why Cook Wednesdays offers convenience at Glendale apartments.

Tutor Perini Building Palisades Village Project

Tutor Perini Corp. has begun construction on the Palisades Village project in Pacific Palisades.

PennyMac Performance Disappoints

PennyMac Financial Services Inc., the non-bank mortgage lender in Westlake Village, disappointed Wall Street Thursday.

Feds Join Lawsuit Against L.A. Over Housing Funds

The United States has joined a lawsuit against the City of Los Angeles and the defunct Community Redevelopment Agency alleging that they fraudulently obtained housing grants, according to the Department of Justice.

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