Commercial real estate news and analysis for the Los Angeles market.
Major commercial real estate firms promote their comprehensive service offerings as a competitive advantage, but industry observers are increasingly questioning whether this model truly serves client interests or creates inherent conflicts.
Fortress Investment Group provided a $96 million refinancing for Cityview's Jasper apartment building in Downtown Los Angeles, a 296-unit property that opened in 2023 amid a wave of new multifamily deliveries.
Wellpointe Inc. acquired 6400 Canoga Avenue in Woodland Hills from Sandstone Properties, pivoting the site from a planned luxury tower and hotel to a multi-phase, 100% affordable mixed-use development.
From the 83-acre Westminster Mall redevelopment to Warner Center's affordable housing transformation, developers across Los Angeles are converting underperforming retail into mixed-use communities.