Los Angeles

Developer Ensemble Investments has completed the seven-story, 94-unit apartment project in Downtown Long Beach.

In the recent trade of the retail portion of the Burbank Collection, the buyer secured maximum proceeds as the loan was sized to 76.5% of purchase price and 75% of value.

As the industry continues to iron out the regulatory process, investment interest should grow.

The Laurel Park Commerce Center sells for $200 per square foot, the highest price in the South Bay market.

The asset class proved to hold up during the last recession, and savvy investors are stacking the deck now before the next one hits.

The Camber-Advance Realty venture sold the four-building complex totaling 529,110 square feet to a partnership comprised of Los Angeles-based Cohen Asset Management, Inc. and Intercontinental Real Estate Corporation of Boston.

The investor sheds the retail portion of the Burbank Collection after driving significant value during its ownership.

Orange County and Los Angeles both landed in the top 20 markets in the US for net lease investment.