Los Angeles Headlines
LOS ANGELES—Douglas Emmett buys a West L.A. office building for $225 million from Hines, which purchased the property for the same price during the last peak and held it through the downturn.
CHICAGO—The Dallas-based retail firm opened a Southern CA office in March, and has now brought on a veteran Chicago team.
LOS ANGELES—As part of the Bringing Back Broadway, Omgivning reimagines the historic Broadway Trade Building into retail and creative office space.
More Los Angeles Headlines
- Flat Retail Doesn’t Slow Grocery Center Investment
- Tax Credit Loan Funds Affordable Build
- Inside the Collapse of CMBS
- The Arts District Doesn’t Look Like DTLA
- No Cash Flow? No Problem
- OPI Vacates North Hollywood Facility
- Did the 2008 Recession Break the Cycle?
- Vantage Turns Playa Jefferson
LAGUNA NIGUEL, CA—From high-quality restaurants to spiritual resource centers both on-site and nearby, today’s seniors’ requests are far more sophisticated than previous generations, Bernards’ Jocelyn Topolski tells GlobeSt.com in this EXCLUSIVE look at Crestavilla.
NEW YORK CITY—Coming to the firm’s office here with fifteen years of experience, the new hire has served at Lend Lease, Westbrook and Tishman Speyer.
WASHINGTON, DC—Office space will be absorbed, or not, depending on economic trends -- not who wins the election, NGKF finds.
More National Headlines
- Domestic Leisure Travel on the Upswing
- A Push to Establish Central Valley Industrial?
- Home Price Gains Flatten Out
- Payroll Department
- Liz Hurley Joins Voit as SVP
- SRS Expands National Net Lease Group
- Office REITs Earn Mixed Report Card
- How Architects Remain Cutting Edge
True leaders manifest themselves not only through performance but also—and arguably more importantly—by the way their employees feel about them. Meet this year’s best bosses in the business.
Commercial Real Estate Events
Sectors to Watch
NEW YORK CITY—While some building owners are holding out for the top bidder or the best tenant, most Class A landlords “are scrambling to shore up their tenant roster."
ATLANTA—“I am highly confident that they will successfully lease-up the building..."
WEST DEPTFORD, NJ—The property, formerly known as Rivercove Apartments, has been recently introduced to the market as Cove at RiverWinds, offering luxury apartments for adults ages 55 and above.
Most Popular Stories
MIAMI—Law firm Akerman LLP’s annual report on commercial real estate sees the greatest near-term impact on development coming from the aging US population and two other trends that are already forming.
WASHINGTON, DC—Although investment sales remain strong, “the surge of new apartment construction is starting to shift the supply-demand balance, particularly in the market for upscale apartments,” says Mark Obrinsky, chief economist with the National Multifamily Housing Council.
VENICE, CA—One of the concerns in the net lease sector is low cap rates, which have resulted in ideal sale pricing which has created an oversupply of properties resulting in a small decrease in sales velocity and liquidity as supply is exceeding demand of late, says one source in this EXCLUSIVE commentary on the subject.