A developer has proposed a multifamily complex with 64 units for a Van Nuys address, according to city of Los Angeles records.
A private investor has acquired the Winlake Apartments in Glendale for $5.3 million, or $314,705 per unit, in a 1031 exchange.
Glendale-based PS Business Parks Inc. has appointed Dan “Mac” Chandler III as the company’s chief executive officer, effective April 5.
A six-building multitenant industrial business park in Van Nuys has sold for $19.3 million, or $247 per square foot.
Joint venture partners Meta Housing Corp. and LA Family Housing have officially broken ground on construction of Silva Crossing, a 56-unit permanent supportive housing project in Sylmar.
Developer plans to build 132 units on Foothill Boulevard.
A mixed-use project with a large-scale residential component – featuring 132 one-, two- and three-bedroom units – has been proposed for Sylmar, according to city of Los Angeles records.
Warner Landmark, former Anthem headquarters, to become creative offices.
An aging Warner Center building, vacant for more than a year, badly needs to reposition itself for the post-pandemic economy.
Broker sees shopping centers transmuting, not dying.
While the “retail apocalypse” became a common chorus pre-pandemic due to the dominance of Amazon.com Inc.-led e-commerce — a phenomenon which only accelerated in the San Fernando and Santa Clarita Valleys in 2020 during lockdown — one high-powered broker said that store spaces and properties are giving way to other types of tenants and usages.
LIST: For live entertainment planners, uncertainty remains the looming challenge.
Local performing arts and cultural centers – unable to stage concerts or invite audiences to see plays – have felt the brunt of the pandemic.
Low interest rates, inventory drive up prices in January.
Interest rates near historic lows fueled strong Valley home sales last month, pushing prices higher even as the inventory of homes for sale fell to a record low, according to a Southland Regional Association of Realtors report.