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MARINA DEL REY, CA—California Landmark Group launches the construction of R3 Lofts, a $30-million mixed-use project with 67 apartment units and 7,525 square feet of creative office space.
LOS ANGELES—Raintree Partners secures the funds to refinance its class-A apartment portfolio, which consists of three multifamily properties in Burbank, Sherman Oaks and Studio City.
EL SEGUNDO, CA—Formerly known as Pacific Corporate Towers, the office property is now rebranded as PCT, a LEED Gold-certified creative office building after nearly a year-long renovation.
NEW YORK CITY—Bethesda, MD-based DiamondRock Hospitality Co. has acquired the fee-simple condominium interest in the 282-room Hilton Garden Inn/Times Square Central hotel here for a purchase price of $127.2 million.
GLEN ALLEN, VA–Renters have become more important as condo and home buying has declined, and Capital Square has decided now is the time to snap up mobile homes.