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FRI 08.21.202630-YR 6.65%10-YR 4.740.05HOMEBUILDERS 0.78%Newsletter
LAX / 14 STORIES

Los Angeles

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.

Capital & Deals / Los Angeles / 2 min

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.

$506.9MQ2 net loss
$624.8MImpairments
(11.3%)Cash leasing spread
49.9M sfPortfolio

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Policy & Planning / Los Angeles

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.

07.10.26 · 1 min read

People & Companies

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