by Kipp Gillian | Jun 3, 2024 | California Real Estate
Allen Matkins has added a leading real estate transactional team is joining the firm across California. The group includes partners Dean Pappas, Jennifer Sung and Shaunt Kodaverdian, senior counsel Julia Lee and associate Brenn Coyle. All are joining from...
by Kipp Gillian | Jun 3, 2024 | California Real Estate
Newmark completed the sale of 7083 Hollywood Blvd., a Class A value-add office investment property strategically at the intersection of Hollywood and La Brea in Los Angeles. The property sold for $25.5 million. Kevin Shannon, co-head, U.S. capital markets and vice...
by Kipp Gillian | Jun 3, 2024 | California Real Estate
Landsea Homes Corporation said Monday it had closed on 44 homesites for a new community called Mason in Anaheim. Sales are anticipated to start later this year. On the corner of Lincoln Avenue and Laxore Street, Mason will include three-story townhomes with four...
by Kipp Gillian | Jun 3, 2024 | California Real Estate
Marcus & Millichap closed the sale of 5018-22 Saratoga Ave., a six-unit apartment property located in San Diego. The asset sold for $3,000,000, or $500,000 per unit. “The deal reflects consistent performance of well-located assets in a dry commercial market where...
by Kipp Gillian | Jun 3, 2024 | California Real Estate
CBRE and Pembroke have secured 55,913 square feet in new leases at 140 New Montgomery St. in San Francisco. New tenants include super{set}, Calendly and Heidrick & Struggles. Additionally, Bloomberg, 140 New Montgomery’s largest tenant, has renewed its tenancy. ...
by Kipp Gillian | Jun 3, 2024 | California Real Estate
The Los Angeles-based Colliers Mortgage Structured Finance Group arranged $24.4 million in construction financing for Kingsley Apartments, a planned 136-unit, 100% affordable property in Los Angeles’ Koreatown submarket. Leveraging the city’s new Executive Directive 1...