All results / Stories / Michael Aushenker
Real estate developers Gelt Inc. and Uhon have secured $83 million in bridge refinancing on behalf of its joint venture The Watermark Apartments in Reseda.
Residential component rents all apartments – but adjacent movie theater remains empty in pandemic.
It was supposed to be a summer 2020 celebration — the simultaneous ribbon-cutting of the mixed-use residential and retail complex Newhall Crossings and a brand new, seven-screen Laemmle Theatres arthouse cinema was going to usher in a new commercial enterprise in the heart of Newhall that has been under construction since 2018.
Ventura, Santa Barbara and San Luis Obispo counties intend to petition the state to form a separate Central Coast region for the purpose of coronavirus pandemic regulation.
A 16,230-square-foot industrial site in Van Nuys has sold for $3 million, or nearly $188 per square foot.
Streamer leases 171,000 square feet for animation studio.
Streaming leader Netflix Inc. shocked the real estate industry in September when it announced that it had signed 2020’s biggest commercial real estate lease in the Greater Los Angeles area in Burbank, where the Los Gatos-based company will open its first animation studio.
LIST: Landlord reps worry December lockdown may undo rent collection gains.
Since the economy bottomed out last spring, rent collections at malls and other retail centers in North Los Angeles have seen monthly incremental hikes as landlords and tenants engage in a delicate dance of payment agreements.
Three of 2020’s five biggest office leases in Greater Los Angeles occurred in the San Fernando Valley.
Newbury Park enjoys brisk market for sales and leases of industrial sites.
Biotech drives Newbury Park’s thriving industrial real estate landscape. In fact, Lee & Associates industrial brokers Grant Fulkerson and Mike Tingus refer to Newbury Park as the medical technology corridor.
Mountain View Manor in Sylmar hosts 200 units.
Positive Investment has closed one of the largest 2020 deals in Los Angeles with its purchase of the Mountain View Manor apartments at 12960 Dronfield Ave. in Sylmar, where 200 units traded for $29.4 million, or $147,000 per unit.
Industrial development attracts entertainment, e-commerce to Santa Clarita Valley.
Joint developers Trammell Crow Co. and Clarion Partners LLC saw a series of deals during the year at Center at Needham Ranch, with two new high-profile occupants coming onboard last month.