Los Angeles

How to Design Walkable, Transit-Friendly Multifamily

Kelsi Maree Borland |

The new 550-unit 3200 East Foothill project in Pasadena is targeting a residents looking for walkability.

News

Nashville Four Seasons Hotel Project Secures $360M in Financing

John Jordan |

The mixed-use development will include 232 five-star hotel rooms, luxury for-sale residential units, approximately 10,000 square feet of retail space and a 368-space parking garage. Both the hotel and the for-sale residential units will be branded and operated by Four Seasons Hotels and Resorts.

Are Inland Empire Industrial Rents Plateauing?

Kelsi Maree Borland |

Industrial rents in the first quarter only increased $0.01 over the fourth quarter 2018, and this could be the beginning of trend.

Suffolk Launches Smart Lab Concept in L.A.

Kelsi Maree Borland |

The Smart Lab is a tech-forward approach to construction aimed at reducing costs and construction time.

Co-living Market Is Rapidly Expanding

Kelsi Maree Borland |

The supply of co-living product doubled in 2018, and by 2018, supply will increase 84%.

Why ICM Is Banking on Diversification With Its First Fund

Kelsi Maree Borland |

ICM’s first private equity fund will be fully diversified across asset classes and geographies.

News

Summit Hotel Properties Sells Six Hotels for $135M

John Jordan |

Summit reports that the six hotels traded will produce a net gain of $36.6 million. The six hotels in the markets of Minneapolis-St. Paul, Boston, Santa Barbara (CA), Dallas and Salt Lake City totaled 815 rooms.

Rent Control Legislation Continues to Expand in L.A.

Kelsi Maree Borland |

Inglewood and Haywood are the latest to pass rent control ordinances, but there could be more.

News

Northstar Commercial-Integrity Trust Launch $125M Fund

John Jordan |

The fund, structured as a REIT under a 506(c) designation, is an evergreen fund focusing on 75% value-add, and 25% cash-flowing commercial real estate investments in primarily Western growth markets, including but not limited to Colorado, Utah, Texas, Arizona, New Mexico and California.

JC Penney Move Out Drives Negative Industrial Absorption in OC

Kelsi Maree Borland |

The Orange County market closed Q1 with more than 800,000 square feet in negative absorption following the retailer’s exit from its 1.1 million facility.