Rexford takes a $507M writedown and puts $2B up for sale
The largest pure-play infill Southern California industrial owner just wrote down its own portfolio. Cash rents on renewals are down 11.3 percent.
Development across greater Los Angeles, where entitlement reform, tenant-purchase laws, and the cost of building collide with some of the country's deepest housing demand.
The largest pure-play infill Southern California industrial owner just wrote down its own portfolio. Cash rents on renewals are down 11.3 percent.
Eighteen months after the Palisades fire, one of the neighborhood's commercial anchors is coming back, quietly.
Mid-Wilshire office is repricing to land value, and the lender is now the one deciding what happens next.
A rare nine-figure trade in one of LA County's priciest rental markets.
The owner of the storied Fairfax studio lot faces a forced sale as its $357M debt sours alongside other Hackman studio bets.
The partners open with a downtown office-to-housing conversion branded Sky Castle.
Owners of apartment buildings in unincorporated LA County would have to notify affordable-housing buyers before selling, with a right of first refusal on the table.
The accounting giant will move from its longtime Downtown tower to Century City, extending a run of departures from LA's financial core.