Westlake Village BioPartners LLC, a enterprise capital agency incubating biotechnology corporations, closed its third fund final month with an oversubscribed $450 million able to deploy. The agency has raised $1.3 billion in whole since its founding in 2018, an quantity Westlake says is greater than some other biotech agency within the better Los Angeles space. … [Read more…]
A $9.2 million mortgage to refinance a portfolio of three properties, together with two within the Valley space, was just lately introduced. The three properties are a mid-construction 14-unit multifamily property in Toluca Lake; a 9,300-square-foot retail heart in Melrose Hill; and a 141,166-square-foot lot of land that has been zoned for residential use Glendale. … [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…]
Hanley Funding Group, an actual property brokerage and advisory providers firm based mostly in Corona del Mar that makes a speciality of retail property gross sales, organized the sale of a brand new Bliss Automotive Wash in Valencia for $3.72 million. The association, which was a part of a 1031 alternate, marks Hanley Funding Group’s … [Read more…]