Los Angeles

SB 196 is expected to boost affordable housing development in California, but reducing construction costs will remain the primary challenge.

The fund targets build-to-core investments across all property types in the top 25 US markets.

As part of the transaction Prologis plans to sell $3.5 billion of assets including $2.8 billion of non-strategic logistics properties and $700 million of office properties.

The San Fernando Valley and Central Valley are becoming hubs for industrial users pushed out of the Los Angeles market.

Bed, Bath & Beyond appears to be making a strategic play to maximize efficiency to adapt to the new retail landscape.

The construction financing for both Southern California condo projects totals $35.1 million.

Eldridge Industries will invest $300 million in equity in Kennedy Wilson, which will be used to pay down unsecured debt.

Victory Apartments, a 32-unit multifamily property in Van Nuys trades hands for a record per unit price.