SFV REAL ESTATE

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

NoHo Arts District Apartments Sell for $2.3 Million

An apartment complex with eight units in North Hollywood has sold for $2.3 million to an undisclosed buyer.

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PS Business Park’s $30 Million Property Trade

PS Business Parks Inc. has purchased two business parks and sold one single-tenant office building.

Preview: Topanga Makeover

Westfield plans to turn former Sears store into entertainment center.

Gelt Pays Nearly $146 Million for Denver-Area Apartments

Tarzana investment and property management firm Gelt Inc. has significantly expanded its Denver region apartment portfolio by 472 units by paying nearly $146 million the Kallisto at Bear Creek complex.

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Pair of Flex Buildings in Burbank Sell for $16.5 Million

A pair of research-and-development flex buildings in Burbank have sold for $16.5 million.

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Five Point Sells First Homesites at Valencia

Five Point Holdings has sold the first 781 homesites at its new Valencia community formerly known as Newhall Ranch, the company said Monday.

Tejon Ranch Calls New Environmental Lawsuit ‘Unconscionable’

The Center for Biological Diversity has filed a lawsuit against Tejon Ranch Co. and Kern County over the County Board of Supervisors’ re-approval of Grapevine at Tejon Ranch, a master planned residential community.

Study: 2019 a Record Year for Hotel Development

The Atlas Hospitality Group 2019 Year-End California Hotel Development Survey found last year set a new record for the number of California hotel rooms opened.

Ten-Unit Apartment Building in Toluca Lake Sells for $3.6 Million

A 10-unit multifamily property in the Toluca Lake submarket has sold for $3.6 million, nearly half a million dollars above its listed price, according to Lee & Associates-LA North/Ventura.

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Delivery Company Expands in San Fernando

A delivery service capitalizing on the growing e-commerce environment has signed on for a larger space at San Fernando Business Center, a 33-acre industrial business park in the city of San Fernando.

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Westfield Topanga to Redevelop Former Sears Building as Entertainment District

Unibail-Rodamco-Westfield announced Tuesday that it will transform a former Sears building into a new dining and entertainment district at its Westfield Topanga & The Village shopping center in Woodland Hills.

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Gelt Sells Santa Clarita Apartment Building for Nearly $63 Million

Tarzana real estate investment and management firm Gelt Inc. has sold Monterra Ridge Apartments in Santa Clarita for $62.5 million.

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Coldwell Banker Leases New Location in Valencia

Coldwell Banker Quality Properties has leased 3,250 square feet of second-floor office space in Valencia.

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Calabasas Firm Finances $69 Million Student Housing Project in Merced

A Calabasas firm has provided a Michigan-based real estate development company with $68.8 million in construction financing for an ambitious student residential development near the University of California – Merced.

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The Angel Veterans Housing Project Lands in North Hills

The nonprofit L.A. Family Housing has gained approval to build veterans affordable housing development in North Hills.

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