L.A. Developers to Build Mixed-Use Project in Valley Village

A pair of Los Angeles developers are constructing a contemporarily packaged mixed-use building in Valley Village featuring 19 apartments and ground-floor retail, Urbanize.LA reported.

Tease photo

Calabasas Developer Secures $10.6M to Build Simi Valley Senior Complex

Canyon Partners Real Estate has provided $10.6 million in preferred equity financing to Calabasas developer Griffin Fine Living to build a senior living community in Simi Valley, according to Multi-Housing News.

Tease photo

Valencia Corporate Plaza Secures $34 Million Recapitalization

CBRE Group Inc. has arranged $34 million in bridge financing for the recapitalization of the Valencia Corporate Plaza office property, the real estate firm announced Wednesday.

Tease photo

Firm Acquires Two Glendale Apartment Buildings for $14 Million

Champion Real Estate Co. has acquired two more Glendale multifamily properties for $14.1 million, according to The Real Deal.

Tease photo

Sherman Oaks Firm Pays $167 Million for Stevenson Ranch Complex

Real estate investment firm IMT Capital has purchased a 510-unit apartment building on 32 acres of land for $167 million, or $326,500 per unit.

Tease photo

NewMark Merrill Hires HR Manager

NewMark Merrill Cos. has hired Lisa Polis as director of people operations, the Woodland Hills commercial real estate developer announced Tuesday.

Tease photo

Burbank Multifamily Portfolio Sold for $6.8 Million

Two multifamily properties in Burbank have sold for a combined $6.8 million.

Tease photo

Toluca Lake Land Parcel Sells for $2 Million

A 9,683-square-foot development site in Toluca Lake has sold for $2 million, or $207 per square foot.

Stevenson Ranch La Quinta Inn’s $22 Million Sale Breaks Brand Record

La Quinta Inn & Suites Santa Clarita – Valencia has sold to a local private investor for $22 million, according to Atlas Hospitality Group, which arranged the deal.

$70 Million Renovation Begins at Westfield Topanga Mall

A $70 million renovation project is underway at the Westfield Topanga Mall in Woodland Hills, owner Westfield Corp. announced Wednesday.

L’Oréal Takes 240,000 Square Feet at Tejon Ranch

L’Oréal USA will house the regional logistics operation of its SalonCentrics subsidiary at the Tejon Ranch Commerce Center in Kern County.

Tease photo

Westcore Spends $13.8 Million on Moorpark Warehouse

Westcore Properties has acquired a 114,556-square-foot industrial building in Moorpark for $13.8 million from Ventura firm Marcus Adams Capital.

Tease photo

Designs Revealed for CSUN-Adjacent Student Housing Project

West Los Angeles real estate company Symphony Development and the Los Angeles office of design firm Steinberg Hart have revealed renderings for an apartment building project to address the housing needs for students attending California State University – Northridge.

Tease photo

UCLA Health Expands at Encino Location

The Regents of University of California – Los Angeles have signed a lease to assume approximately 27,215 square feet of medical office space for UCLA Health.

Sylmar Industrial Property Sells for $6.6 Million

Sun Valley-based Ratner Property Management has purchased a $6.56 million industrial property in Sylmar with an eye to renovate it and upgrade its functionality and market value, according to the brokerage CBRE Group Inc.

Tease photo