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Westland Real Estate Group is trimming its apartment portfolio in Los Angeles County. The Long Beach-based firm sold a four-property apartment portfolio comprising 52 units in Inglewood’s Fairview Heights neighborhood for a total of $12 mill...
Two century-old duplexes in Beverly Hills are poised to give way to a seven-story multifamily building. The Beverly Hills Planning Commission is reviewing a proposal from Suite Homes LLC to erect a seven-story edifice with 23 apartments at 227...
An aging downtown office complex will be converted into apartments as part of an ambitious plan by local real estate companies to create 4,000 affordable housing units in Los Angeles. The first project will be a $200-million makeover of the L....
Linc Housing wants to tear down its Long Beach headquarters to build more than 100 affordable apartments.The nonprofit affordable housing developer filed plans to raze its office hub and replace it with an apartment building at 3590 Elm Avenue,...
Elk Development owes about $60 million on Hollywood apartments, according to two notices of default dated early June. Acres Capital loaned Elk around $41 million via a construction note five years ago. The note was amended and increased to $44...
A new state law that allows denser housing development near major transit stops goes into effect in July, opening the door to construction of more than 1 million new units in California’s urban centers. The law forces cities to approve talle...
A mixed-use apartment complex is slated to rise on a Pico-Robertson development site that traded hands less than a year ago and marked one of the most expensive lot sales in the area in years.BWB Pico LLC, an entity associated with Sherman Oaks...
PCCP and Alliance Residential Company plunked down more than $65 million for an apartment complex in the Inland Empire’s biggest city. The two firms acquired The Hawthorne, a 184-unit multifamily property at 9170 Indiana Avenue in Riverside,...
Nuveen has offloaded a five-building apartment complex in Van Nuys to a locally based real estate firm. Beverly Hills-based Post Investment Group purchased the 390-unit San Regis apartments at 15454 Sherman Way in Van Nuys for roughly $69 mill...