Regions
L&L Holding Co. Appoints New SVP
David Orowitz stepped in as the firm’s senior vice president of development, after serving eight years as senior vice president of acquisitions and development within the Trump Organization.
Hudson Pacific Nabs $200M Hollywood Studio
The 369,000-square-foot media and entertainment campus at 1040 N. Las Palmas Ave. first opened the doors of its stages and bungalows in 1919.
Long Ridge Health & Science Campus Seeking Tenants
Building and Land Technology recently selected Cushman & Wakefield to market 260 Long Ridge Road in Stamford, Conn. The building is part of Long Ridge Health & Science complex and delivers 130,000 square feet of medical and office space for both creative and corporate tenants.
GreenbergFarrow Expands With New Denver Office
The firm opened a hub in the Denver area, which will be led by Alicia Khine, program manager. She will serve as a resource for clients in the central region of the U.S.
Gramercy Europe, AXA Trade $1.1B Portfolio
The industrial, retail and office assets are primarily located in Germany and the Netherlands, with smaller footprints in France, Poland and the United Kingdom.
Hunt Mortgage Launches New Lending Product
The company has allocated $300 million for a new fixed-rate financing program that will enable conduit borrowers to access loans between $7.5 million and $25 million.
Nexus at ASU Research Park Changes Hands
The two-story, 123,864-square-foot property in Tempe was constructed in 1998 as a research and development facility. ViaWest converted the building to office use a couple of years ago.
Hill Properties, ReCap JV Nabs 186 KSF Industrial Park in San Diego
JLL arranged the $31.4 million sale of Scripps Ranch Business Park. The nine-building complex is fully leased to nine tenants.
Investors Cash Chips in Las Vegas
Apartment construction slowed in 2016 to 2,000 new units, likely because of oversupply of single-family home rentals. But development looks promising, with more than 4,500 units under construction, according to Yardi Matrix.
Delinquency Rate Rises in April
The delinquency rate has been increasing since the fourth quarter of 2016, when it was 5.9 percent, to 7.8 percent as of April, according to S&P Global data.