Two Valley eldercare facilities have traded hands as part of a $378 million portfolio to an Orange County health care property owner.
The seven-building Corporate Center Calabasas office campus in Calabasas has traded hands for $53 million, according to Madison Partners, which brokered the deal.
American Homes 4 Rent has completed its initial assessment on the impact of Hurricane Harvey in Texas and Hurricane Irma in Florida, and estimates the storms will cost the company $10 million.
Newhall Ranch developer Five Point Holdings in Aliso Viejo and environmental and culture groups that had been locked in legal battles over the proposed Santa Clarita Valley project have settled, the parties announced Monday.
New York City hedge fund giant Blackstone Group has bought a majority stake in several iconic buildings in Burbank’s Media District, according to the company.
The River Oaks shopping center in Valencia has sold to a real estate investment firm for $115 million, according to the company.
American Homes 4 Rent, one of the nation’s largest single-family home landlords, has been subpoenaed by the Securities and Exchange Commission regarding brokers price opinions on the value of its properties, according to regulatory filings.
The number of home and condo sales in the San Fernando Valley spiked higher during the month of August, the Southland Regional Association of Realtors reported today.
Tejon Ranch Co.’s board has set the terms for a stock rights offering it expects will raise at least $75 million, the company announced Monday.
Dole Food Co. cuts berry operations and swaps properties to help reduce debt.
PS Business Parks Inc.’s three properties in Florida had no electrical power but were open and operating late Monday, according to the company.
Auction house Profiles in History will sell Debbie Reynolds Dance Studio and the late movie star’s family ranch on Oct. 7-9, the company announced Monday.
The Ventura County Star buildings in Camarillo sold last month to a New York City real estate investment company that specializes in buying and repurposing former media and newspaper properties.
MannKind Corp. on Tuesday announced that it has completed the relocation of its corporate headquarters to Westlake Village. The biotech company was formally headquartered in Mann Biomedical Park in Valencia.