Los Angeles

LOS ANGELES-Commercial real estate is definitely in a recovery, says George Smith Partners's David Rifkind.

LOS ANGELES-Mark Bolour, CEO of Bolour Associates, says the lending environment is opening up to more buyers.

LONG BEACH, CA-The private equity fund manager sheds a 237-unit multifamily community to Phoenix Realty Group, and gets ‘favorable terms’ for its investors.

PALMDALE, CA-A new gym is moving to the former 24 Hour Fitness space in Palmdale.

LOS ANGELES-The Toronto-based brokerage is rapidly expanding its network across North America with offices now in both Burbank and the Conejo Valley area west of L.A.

SANTA MONICA, CA-The Houston-based investor, made up of former Hines Interests execs, appears intent on buying up as much Westside creative space as it can find.

EL SEGUNDO, CA-The newly formed REIT seeks a revolving credit line of $150 million for upcoming acquisitions of single-tenant properties on triple-net leases.

BEVERLY HILLS, CA—The two-building package near coveted Beverly Hills Triangle last traded in April. Despite its prime location, the property is half vacant, and the largest remaining tenant is slated to leave.

SANTA MARIA, CA-The acquisition increases the company’s multifamily portfolio to include investments in 13,531 units in the United States and Japan.

LOS ANGELES-CBRE appoints a new Western division President and Chief Operating Officer of the Americas.

LOS ANGELES-Most respondents to a Jones Lang LaSalle/RealShare Apartments Outlook 2012 Survey think cap rates will stay the same or decrease.

What's happening in distressed commercial real estate loan resolutions now? My view is that there are many different deals being done, but they all seem to have hair on them.

LOS ANGELES-One of the hottest tickets in town each year is the Allen Matkins holiday party, where GlobeSt.com turned out to hobnob with everybody who’s anybody in the industry.

LOS ANGELES-Robertson is expected to ‘strengthen and enhance’ the firm’s integrated strategic planning approach in the Southern California market.

BEVERLY HILLS, CA-The firm and its equity partners complete the acquisition of 6400 Canoga, also known as Warner Atrium, the fifth property in a five building office portfolio buy.

WOODLAND HILLS, CA-Kennedy Wilson, a Beverly Hills-based real property investment and services firm, and its equity partners have acquired Warner Atrium, an office building measuring 126,000 square feet at 6400 Canoga Ave. in Woodland Hills, for approximately $19 million.

SHERMAN OAKS,CA-The 174-unit sold at a mid-4% cap rate, demonstrating the market demand for institutional-grade multifamily assets in this affluent San Fernando Valley neighborhood.

OXNARD, CA-The 400-unit building is one of the largest in this oceanfront city between Los Angeles and Santa Barbara.

LOS ANGELES-The CBRE Capital Markets Lender Forum sees plentiful capital for core assets and accelerating deal volume. Meanwhile, the global economy continues to skate on thin ice.

LOS ANGELES-Although being an owner-occupant is far less common than being a rent-paying tenant, ownership has some head-turning advantages, including visual control of the workplace and future appreciation.