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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.
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.
REAL ESTATE: Repositioned retro audio plant attracts new tenants, including Facebook.
Former audio plant is fixed up for industrial, office and retail tenants.
Gelb moves from cramped quarters to custom space.
Gelb Group designs a custom space for its employees in Warner Center.
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.
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.
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 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.
REAL ESTATE: Collectors love extra space, fancy ambiance.
Developers find the formula for car collectors needing space for their possessions.
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.
‘Frictionless’ Transactions Translate to Growth
Largest Company and Star Performer winners.
Star Performer: At Account Control, Bills Make Good Business
SPECIAL AWARD – Star Performer winner
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 Co., an independent lemon grower in Santa Paula, began construction Wednesday on a master planned community some 10 years in the making.
Construction firm Tutor Perini Corp. of Sylmar disappointed Wall Street Thursday with third-quarter earnings that missed estimates due to project delays.
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.
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 Inc. reported third-quarter results on Tuesday that beat Wall Street expectations.
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 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.