WED 10.28.2026

The American Developer

Los Angeles · The American Developer

Capital & Deals / Los Angeles / 2 min

E&S Ring Refinances 1,461-Unit SoCal Apartment Portfolio for $95.8M

Northmarq arranged a $95.8M refi for E&S Ring's six-property, 1,461-unit SoCal portfolio through Voya, including four loans Voya first placed in 2007.

10.28.26 · 2 min

$95.8Mtotal refi

1,461portfolio units

6separate loans

80Stories published

30This week

30Projects covered

68Developers named

Top Deals

01$550MAnderson Real Estate Closes $550M Refi on Century City Twin TowersLAX
02$470MCourt clears the $470M sale of LA's graffiti towers to KPC SquareLAX
03$357MLenders move on Hackman's Television City over $357M debtLAX
04$290.0 millionKam Sang buys discounted $290M loan on 42%-leased DTLA towerLAX
05$280MSlatkins' $280M Santa Monica hotel loan hits special servicingLAX
06$132.7MLincoln, McCourt Land $132.7M Loan for Culver City ApartmentsLAX

JUST INPermits & deal filings, straight from the public recordThe Wire →

Development

ALL DEVELOPMENT →

Leo Lee Breaks Ground on 219-Unit Koreatown Apartment ProjectDeveloper Leo Lee started construction on an eight-story, 219-unit apartment building at 3800 W. 6th St. in Koreatown, Urbanize LA reports.10.27.26 · 1 min

219apartments

8 storiesbuilding height

8,748 sq ftground-floor retail

Westlake Lot Sells for $6.5M, Permit Seeks $14.7M Tower10.26.26

190-Unit Affordable Tower Permit Issued in the San Fernando Valley10.26.26

Bjarke Ingels Group Designs 28-Unit Silver Lake Apartments10.26.26

77-Unit Affordable Project Filed for 5003 N Kester Ave, Sherman Oaks10.24.26

Capital & Deals

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Capital & Deals

LA County Adds $3.6M to Cover Cost Jump on East LA HousingA project already backed by $27M in state money and $7.8M in county funds still needed a top-up before breaking ground.10.24.26 · 1 min

Capital & Deals

Bridge Logistics Buys XPO Truck Terminal at Half Land Value10.24.26 · 2 min

Capital & Deals

Post Investment Group Buys Rampart Village Complex at 33% Discount10.22.26 · 1 min

Distress & Opportunity

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Distress & Opportunity

Eight LA One-to-Four-Unit Properties Head to Trustee Sale by JanuaryEight small LA County residential properties, 16 units total, are listed for trustee sale by Clear Recon Corp, with auctions set Nov. 12 through Jan. 6.10.27.26 · 2 min

Nov 12first sale

3 Tax-Delinquent Boyle Heights Lots Get Affordable Permits10.26.26 Lender Shops Vacant Blackstone-Hudson Pacific Studio in Sun Valley10.22.26 Downtown LA hotel tax-delinquent as $5M conversion permit filed10.21.26 South LA lot tax-delinquent since 2024, $4M affordable permit filed10.21.26

Residential

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Multifamily & BTR

ALL MULTIFAMILY & BTR →

Multifamily & BTR

Kennedy Wilson, Jamison Plan 4,000 Affordable Units in LAThe partners open with a downtown office-to-housing conversion branded Sky Castle.07.08.26 · 1 min

Multifamily & BTR

Berkadia Secures $65.5M Bridge Loan for Orlando-Area BTR Community10.28.26 · 2 min

Multifamily & BTR

San Jose Issues $66.3M Permit for 372-Unit Trimble B10.28.26 · 1 min

Policy & Planning

ALL POLICY & PLANNING →

Policy & Planning

CIM's 514-Unit WeHo Tower Reportedly Clears Planning PanelCIM Group's 34-story, 514-unit tower on West Hollywood's old Cemex plant site reportedly cleared a planning hurdle, per The Real Deal and the LA Times.10.27.26 · 2 min

34 storiesproposed height

514 unitstotal apartments

128 unitsaffordable/workforce set-aside

CIM Group's 109-Unit Hollywood Project Clears Final Appeal10.27.26 Silver Lake Neighbor Appeals 124-Unit Density Bonus Project10.26.26 LA Council OKs 814 Studio City units; three-firm JV now named10.24.26 Santa Monica Unveils Draft Master Plan for 192-Acre Airport Park10.21.26

Markets & Data

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LA County Multifamily Sales Jump 44% While Rents and Occupancy StallColliers' Q3 2026 data put LA County multifamily sales at $3.3B YTD, up 44% YoY, while occupancy and rent barely moved.10.23.26 · 2 min

LA Apartment Developers Push Groundbreakings Out to 202910.20.26 · 2 min

The Print: 3 LA deeds and their permits miss by up to $20.9M10.21.26 · 2 min

People & Companies

ALL PEOPLE & COMPANIES →

People & Companies

Abundant Blessings Ex-Chief Agrees to Plead Guilty, Forfeit $2MFormer Abundant Blessings director Alexander Soofer agreed to plead guilty to wire fraud and money laundering and to forfeit at least $2M in LA homeless funds.10.17.26 · 2 min

$23Mhomelessness funds prosecutors say Abundant Blessings received, 2018-2025

$2Mminimum Soofer admitted pocketing, agreed to forfeit

$7MWestwood house where Soofer was arrested

PwC leaves Downtown LA for 150K SF in Century City07.07.26 Alexander Brothers Face Sentencing as Prosecutors Seek Life Terms10.26.26 GFP Real Estate Signs Indecor Home to 16,806-SF Lease on W. 37th10.23.26 Zahid Zaman Cited $10K for Defying Stop-Work Order in Brooklyn10.18.26