San Fernando Valley Business Journal

SFV REAL ESTATE

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

Insurer Bets on Warner Center

Real Estate: Farmers Insurance move from Mid-Wilshire a boost.REAL ESTATE: Farmers Insurance Group’s move to Warner Center has brokers. optimistic about the sluggish office market.

By Kelly Goff June 10, 2013 midnight   $$ Share
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Selling Tony Area On Swap Meet

Developer looks to get Newbury Park to buy into discount retail.

RETAIL: A proposed swap meet is a hard sell in tony Thousand Oaks.

Clothing Store Takes Space – With Alterations

Retail: Marshalls leases Brand Boulevard building long vacated by Borders.

RETAIL: Discount clothing seller Marshalls will take former Borders location in Glendale.

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Downtown Glendale Block Put on the Block

Commercial: CitiGroup selling 3.2-acre property for possible mixed-use

An entire city block is on the market in Glendale, and it may just be the future site of another mixed-use apartment complex.

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Around the Valleys

News and notes from around the greater San Fernando Valley

A 20-unit apartment building on Moorpark Street in Sherman Oaks has sold for $4.5 million.

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Sig Alert on Congestion Fee

Business group says planned fee on new construction to improve traffic is a bad idea that should be halted.

Year in and year out, the Los Angeles region takes home the prestigious title of being the No. 1 most congested area in the country.

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Big Tract Plan For Small Lots

Development: 131-home project slated for 5.7 acres in Van Nuys.

DEVELOPMENT: Small lot subdivisions are the next big thing in Van Nuys – and elsewhere.

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Agents Go Top Secret with Listings

Real Estate: Scarcity of homes has pros resorting to unorthodox tactics.

REAL ESTATE: Houses for sale are so rare, brokers are working the phones to find them.

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Providence Makes Bid for Santa Monica Facility

Health Care: Catholic chain in exclusive talks to buy St. John’s Health Center.

HEALTH CARE: Providence has three hospitals in the Valley and wants another in Santa Monica.

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New York Firm Falls Hard for Valley Rentals

Apartments: TIAA-CREFF pays $84 million for Oceano Warner Center.

In the year’s largest multifamily sale in Ventura and Los Angeles counties, New York financial service firm TIAA-CREF has acquired Oceano Warner Center for $84 million.

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Around the Valleys

News and notes from around the greater San Fernando Valley

The Empire Landing luxury apartment building at 1902 Buena Vista St. was purchased last month by New York money management firm TIAA-CREF for an undisclosed price.

VALLEY BIZ SEEN - May 27, 2013

Photographs of recent business-related events in the valleys, including parties, awards dinners, benefits and other celebrations.

Ryland Raising $250 Million in Note Offering

Homebuilder Ryland Group Inc. is raising $250 million in a convertible note offering that started this week.

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Theater Sees Bigger Role To Play

Alex expands venue space to draw larger events to Glendale.

DEVELOPMENT: The long story of the Alex Theatre’s renovation could have a happy ending.

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Housing Recovery Boosts Power Center’s Price

Retail: Gateway Village goes for $47.5 million to Newport Beach firm.

Valencia shopping center Gateway Village has sold for $47.5 million, the highest price in total dollars for a Santa Clarita Valley retail property this year.