Los Angeles
Yardi Matrix: High Demand in the OC
Orange County’s expensive single-family housing, coupled with the region’s gains in employment will continue to boost demand for multifamily development and support rent growth.
Douglas Emmett, QIA JV Shells Out $1.4B for L.A. Office Assets
Douglas Emmett joined forces with the Qatar Investment Authority to acquire a four-building office portfolio in Los Angeles at a very hefty price.
Yardi Matrix: L.A.’s Live
Despite only moderate growth in some of its major industries and a declining middle class, Los Angeles experienced among the best rent growth in the country last year.
Pechanga Resort and Casino Awarded $285M Expansion
The Pechanga Development Corp. chose its longtime development partner Tutor Perini for the $285 million upgrade of the California resort and casino.
HFF Arranges $23M Sale of SoCal Retail Property
A 32,873-square-foot Sprouts Farmers Market store recently changed hands in Los Angeles County.
CBRE Joins Forces with Delos to Promote Office Wellness
CBRE Group has entered a strategic alliance with Delos to advance wellness in the built environment.
No Microscopic Growth for Ambry Genetics
Ambry Genetics recently debuted a new cutting-edge laboratory in Orange County.
CNN Tower in Hollywood Changes Hands
Tishman reportedly paid more than $600 per square foot to acquire the office tower from Broadreach Capital Partners.
CHG Appoints New Leadership Team in the Americas
Los Angeles–Cachet Hotel Group (CHG) recently announced the opening of its new office in Los Angeles along with the appointment of a new leadership team, demonstrating its commitment to expanding in the Americas. Meredith Gelacak joins CHG in a newly created position, as president of hotel operations for the Americas, reporting to CEO Alexander Mirza. A veteran of the hotel industry, Gelacak brings more than 20 years of experience in the hospitality industry, including 15 years with Hilton Hotels Worldwide, where in her last role she served as vice president of Food and Beverage. Gelacak also served as general manager…
Invesco Shells Out $475M for Runway Playa Vista in Los Angeles
Invesco Real Estate paid a whopping $475 million for a 14-acre mixed-use asset in Westside Los Angeles.