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

Movie Mogul Lists Whopping $85 Million Thousand Oaks Home

Film producer Thomas Tull and his wife Alba Tull have listed their 33-acre compound in Thousand Oaks’ North Ranch community for a whopping $85 million.

Hasserjian Joins NAI Capital as Property Management Chief

Eric Hasserjian has joined NAI Capital Management, the property management arm of brokerage NAI Capital Inc. in Encino, as the division’s chief executive.

Tease photo

'Excessive Heat' Hurts Limoneira’s Quarter

Limoneira Co. has reported lower revenue and a net loss for the fiscal fourth quarter, blaming the results in part on excessive heat in Arizona.

West Hills Mobile Park Secures $33.6 Million Loan in Fannie Mae Program

A West Hills mobile park is the first such property to receive a loan under Fannie Mae’s Green Rewards Program, according to New York-based Hunt Mortgage Group.

Rex Lands $15 Million in Series B Funding

Rex Real Estate Exchange has secured $15 million in Series B funding.

Crunch Fitness Building in Van Nuys Sold for $6.1 Million

The Crunch Fitness Building in Van Nuys has traded hands for $6.1 million, according to SRS Real Estate Partners’ National Net Lease Group.

Six Flags Magic Mountain Avoids Strike With Machinists Union Agreement

Six Flags Magic Mountain avoided a strike by reaching an agreement with the International Association of Machinists on Wednesday.

Tease photo

Tutor Perini Wins Hurricane Sandy Recovery Project

Tutor Perini Corp.’s subsidiary WDF Inc. has won a contract with the New York City Housing Authority for the Sandy Recovery Program Restoration at Baruch Houses.

North Hollywood Building Gets Flexible Loan

J.H. Snyder Co., an L.A.-based real estate developer, has arranged $68 million in bridge financing from Meridian Capital Group for 5250 Lankershim Plaza in North Hollywood in anticipation of tenant turnover.

Owner of Universal City Hilton Plans Second Tower

The owner of the Hilton Los Angeles/Universal City hotel was expected to file paperwork Wednesday with Los Angeles city officials to build a new tower at the complex.

Tutor Perini Names CEO of Gulf Coast Subsidiary

Tutor Perini Corp. has named J. Mark Smith as chief executive of its Gulf Coast subsidiary, Roy Anderson Corp.

Public Storage Opens Seventh Houston Facility This Year

Public Storage opened a new location in the Houston market on Friday, passing the 1 million square foot milestone for new self-storage space this year.

Tease photo

Gelt Foundation Launches to Prevent Homelessness

The co-founders of a residential real estate firm in Tarzana have established a foundation that they hope will keep some cash-strapped renters from becoming homeless.

Tutor Perini Wins $238 Million Office Building Contract

A subsidiary of Tutor Perini Corp. has been selected by the California Department of General Services to construct a new $238 million office building in downtown Sacramento.

Credit Union Buys Burbank Office Building

An office building in Burbank has sold to Burbank City Federal Credit Union for $3.75 million, according to brokerage Lee & Associates-LA North/Ventura.