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LOS ANGELES—Entertainment users are migrating from the Hollywood market to the San Fernando Valley—helping to push the vacancy rates below 1% in the already tight market.
LOS ANGELES—Yes, according to a new letter published by UCLA, which argues that Airbnb should work to be a collaborator to find success. GlobeSt.com follows up in this <b>EXCLUSIVE</b> interview.
ORANGE COUNTY, CA—Voit closes nine back-to-back industrial transactions totaling $50 million, the McCabe Office Complex $24.2 million loan and Akerman promotes Herman Enayati to partner in this week's wrap-up of deals.
OAKLAND, CA—The combined company, to be known as Colony Starwood Homes, is expected to own and manage over 30,000 homes and have an post-merger asset value of $7.7 billion.
PHOENIX and SAN FRANCISCO—With the transactions announced Friday, VEREIT will have sold nearly $415 million of Red Lobster properties and plans to sell another $600 million through the strategic partnership, says CEO Glenn Rufrano.
NEW YORK CITY—As the merger creating the largest office and industrial net lease REIT closes, Gramercy Property Trust has lined up a total of $2.25 billion in new financing.