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IMT Hears Opportunity Calling in Music City

ACQuisition: Sherman Oaks investment firm lured by Nashville’s lower prices.

IMT Capital has acquired four apartment complexes in Nashville, Tenn. since the summer of last year. The Sherman Oaks developer and investment firm likes the Music City’s lower per-unit costs compared to L.A., principal David Tedesco said.

Cold Caller

From Skid Row to brokering off-market property sales, Michael Koshet has learned how to hustle.

Off-market apartment sales broker and self-admitted hustler Michael Koshet.

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Harman in High Fidelity

REAL ESTATE: Repositioned retro audio plant attracts new tenants, including Facebook.

Former audio plant is fixed up for industrial, office and retail tenants.

Office of Light

Gelb moves from cramped quarters to custom space.

Gelb Group designs a custom space for its employees in Warner Center.

Warner Center Grows from Q East to Q West

APARTMENTS: Dual project will add nearly 600 units to neighborhood.

Two mixed-use luxury apartment complexes totaling nearly 700 units are rising in the Warner Center neighborhood of Woodland Hills.

Moorpark Industrial Building Sold

The Moorpark manufacturing and warehousing complex formerly occupied by Kavlico, the specialty sensor manufacturer now in Thousand Oaks, has been sold, according to brokerage Newmark Knight Frank.

Realtors Association Posts Ads Opposing Tax Reform Bill

The California Association of Realtors has taken out full-page advertisements in major national news telling President Donald Trump and California’s congressional delegation that Trump’s proposed Tax Reform Plan would punish California residents should it become law.

Cusumano Sells Burbank Apartments for $59 Million

Cusumano Real Estate Group has sold a two-building apartment complex in Burbank for $59 million, according LA Commercial Agency/KW Commercial in Encino, which handled the deal.

Car Condos Spin Some Heads

REAL ESTATE: Collectors love extra space, fancy ambiance.

Developers find the formula for car collectors needing space for their possessions.

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Medical Tenants Revive Valley Office Market

REPORT: High visibility prompts health providers to pay extra for space.

The general office market in the Valley areas has seen better days, but the medical office market is healthy and improving.

50 Fastest Growing Private Companies 2017: Payscout Inc.

‘Frictionless’ Transactions Translate to Growth

Largest Company and Star Performer winners.

50 Fastest Growing Private Companies 2017: Account Control Technology Holdings Inc

Star Performer: At Account Control, Bills Make Good Business

SPECIAL AWARD – Star Performer winner

Newhall Ranch to Preserve 1,500 Acres for Wildflower

Newhall Land and Farming Co., developers of the proposed Newhall Ranch project in the Santa Clarita Valley, has agreed to preserve an additional 1,500 acres for a flower that grows there and only one other place.

Limoneira Breaks Ground on 1,500 Home Project

Limoneira Co., an independent lemon grower in Santa Paula, began construction Wednesday on a master planned community some 10 years in the making.

Construction Delays Impact Tutor Perini’s Q3

Construction firm Tutor Perini Corp. of Sylmar disappointed Wall Street Thursday with third-quarter earnings that missed estimates due to project delays.

Blackstone Buys Again in Burbank

The New York City real estate investment firm Blackstone Group has grown its local portfolio with a recent purchase of a shopping center next to the Hollywood Burbank Airport.

Vacant Chatsworth Building Sells for $23 Million

A 142,000-square-foot industrial building in Chatsworth on nearly 7 acres has traded for $23 million, according to California Realty Group in Santa Monica.

Marcus & Millichap Increases Earnings, Revenue

Marcus & Millichap Inc. reported third-quarter results on Tuesday that beat Wall Street expectations.

CRC Shares Gain 17 Percent on Quarterly Results, Higher Oil Prices

Higher oil prices, a narrower net loss and the chance of extending debt payment deadlines set share prices soaring Monday by 17-plus percent for Chatsworth energy producer California Resources Corp.

Majestic Sells Part of Agoura Hills Office Campus

Majestic Asset Management Inc. in Van Nuys has sold two of four buildings in the Agoura Hills creative flex campus it remodeled after buying the park last year.