With its historically cheaper price factors and spacious properties, the San Fernando Valley stays a favourite amongst homebuyers within the L.A. space, however after a shopping for frenzy through the pandemic there’s not a variety of stock. Whereas it could appear to be the proper alternative to construct, many builders, together with Santa Clarita-based Williams … [Read more…]
Warner Bros. has expanded its Burbank headquarters with a brand new 800,000-square-foot growth known as Second Century. Its completion was introduced this week. Second Century sits within the Burbank Studios lot, subsequent to the Warner Bros. fundamental lot within the Burbank Media District. The venture, which was named in recognition of Warner Bros.’s upcoming centennial … [Read more…]
A six-property multifamily portfolio within the San Fernando Valley and West Los Angeles has bought for $53.6 million in a number of transactions. The properties, that are all low-rise house communities, have a mixed 155 residential models. The house complexes are at 3596 Centinela Ave. in West L.A., 14311-14319 Dickens St. in Sherman Oaks, 12314 … [Read more…]
Wisteria at Warner Middle, a senior dwelling group in Woodland Hills, has formally damaged floor. As soon as accomplished, the Life Plan Group will span 17 acres at 5500 Canoga Ave. Life Plan Communities are state-recognized persevering with care retirement communities. Spieker Senior Improvement Companions broke floor on the six-story challenge in late April. All … [Read more…]
Westlake Village-based LTC Properties Inc., an actual property funding belief that invests in senior housing and well being care properties, has accomplished modifications of its 35-property Brookdale Senior Dwelling Inc. portfolio – a sequence of transactions which have resulted within the web proceeds of $23 million and an anticipated web acquire of $17 million associated … [Read more…]
Marcus & Millichap has made an fairness funding within the New York-based actual property funding tech platform EquityMultiple. Whereas its actual stake within the platform stays undisclosed, the agency mentioned this partnership, which was initiated final month, permits sponsors and operators to attach with supplemental sources of personal capital. “Our funding into EquityMultiple permits Marcus & Millichap … [Read more…]