Regions West | Los Angeles
New Studio to Be Built Near Hollywood
May 15, 2008
The United States' largest independent movie studio, a $125 million facility, is slated to break ground in April, 2009, with a projected 18-month construction period, Commonwealth Studios has announced.
Pair of SoCal Hotels Trade for $80M
May 14, 2008
R.D. Olson Development has sold two hotels in Southern California to Apple REIT 8 for a combined $80 million.
NorthMarq Arranges $49M Mortgage for Point Niguel
May 13, 2008
Michael Elmore of NorthMarq Capital, Inc.’s Los Angeles Regional office, arranged first mortgage financing of $49 million for Point Niguel, a 324-unit multi-family complex, located in Laguna Niguel, Calif.
William Morris HQ $188M Financing Deal Paves Way for New William Morris HQ in Beverly Hills
May 12, 2008
A joint venture involving New York City-based George Comfort & Sons Inc. and Morgan Stanley Real Estate's Prime Property Fund, have secured $188 million in refinancing for an existing office structure and construction funding for the development of a new office and retail building in Beverly Hills.
Meruelo Maddux Battles Financial Woes
May 12, 2008
Ahead of releasing its first quarter 2008 financial results after the market closes tomorrow, Downtown Los Angeles landlord Meruelo Maddux Properties Inc. has been taking steps to battle debt woes and a depressed stock price.
CT Takes Fleetwood HQ
May 09, 2008
Newport Beach, Calif.-based CT Realty Corp. has acquired Citrus Park, a 12-building office and industrial park in Riverside, Calif., from Fleetwood Enterprises Inc.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
$18M Loan Paves Way for Beverly Hills Office & Retail Building
May 07, 2008
A plan to convert a former gas station site in Beverly Hills into the home of a 30,000-square-foot spec office and retail structure gets a boost with Newmark Realty Capital Inc.'s orchestration of an $18.1 million loan for the project
What Will Save Westwood?
May 06, 2008 - Source: Los Angeles Times
Though still heavily trafficked, the Westwood Village area near the University of California, Los Angeles, has been in decline for years.
Software lets Realtors Write Flyers Automatically
May 06, 2008
Green Tie Logic Inc. has released online software, PropertyPageMaker.com, to allow agents to get professional real-estate flyers without writing a single sentence.
IMT Capital Takes 253 Units in Westlake Village for $69M
May 06, 2008
IMT Capital L.L.C. has announced that it has purchased Townhomes of Westlake Village, a 253-unit townhouse and apartment property in Ventura County, from Wilshire Equities for $68.5 million in cash.
Pair of Furnishings Shops Expands in Orange County
May 05, 2008 - Source: Orange County Register
Shabby Chic and Finders Keepers have recently enlarged their stores.
GE Real Estate Funds Legacy Partners Pasadena, Calif., Buy
May 05, 2008
GE Real Estate has announced it has provided a $36.5 million first mortgage facility to Legacy Partners Commercial for its acquisition of an office building in Pasadena, Calif.
CalHFA Commits $2.4M for Affordable, Seniors MF
May 05, 2008
The California Housing Finance Agency (CalHFA) is once again teaming up with Habitat for Humanity to provide $2.43 million for first mortgages to stimulate new homeownership opportunities for more Californians.
Caruso Affiliated's The Americana at Brand, in Glendale, Opens
May 02, 2008
The $400 million, mixed-use development in Downtown Glendale, Calif., containing both retail and condominiums, has opened today, according the the developer, Caruso Affiliated.
Brookfield Shows Interest in Maguire, Too
May 01, 2008
The saga of Maguire Properties Inc. continued to unfold today with word that Brookfield Properties Corp. is interesting in buying, along with other partners, Maguire's interests in Downtown Los Angeles office properties for about $750 million.
Gateway Village Gateway Village Sold for $47M in Los Angeles Suburb
May 01, 2008
Grand Gateway I, II, and III L.L.C. of Los Angeles, Calif., has acquired the 96,959-square-foot shopping center located in Chino Hills from Gateway Village I, II, and III L.P.  for $47.2 million, or $487 per square foot. Hanley Investment Group Real Estate Advisors represented both the buyer and the seller in the transaction.
 

 
BH Properties Expands, Moves Offices
May 01, 2008
BH Properties L.L.C. has announced that it is expanding its offices, moving from the eighteenth floor of the Westwood Gateway to the sixth floor of the same building, located at 11111 Santa Monica Boulevard in Los Angeles, Calif.
Grubb & Ellis Promotes VP
April 30, 2008
Grubb & Ellis Co. announced today that David Ghermezian, an investment properties specialist with the West Los Angeles office, has been promoted to senior vice president.
Glendon Street Casden’s Los Angeles M-F Development Leasing Up
April 30, 2008
Palazzo Westwood Village in the heart of Westwood Village of Los Angeles is leasing quickly and expected to be full by the end of the year. A total of 350 rental town homes are now occupied.
Marinata Development Grocery-, Pharmacy-Anchored Centers are Bread and Butter for Small SoCal Developer 
April 30, 2008
Even in an economy as unsettled as we’re currently going through, people buy food and medication, and for Newport Beach, Calif.–based Marinita Development, that’s the engine that keeps this small but established company chugging along. 
Maxxam Expands Los Angeles Fashion District with New Projects
April 30, 2008
Maxxam Enterprises is leading a redevelopment campaign in Los Angeles’ fashion district with five new projects totaling more than 200,000 square feet in various stages of development, the company announced today. 
Tribune Nabs 8 Newspaper HQs for $175M 
April 29, 2008
Tribune Co. has bought eight office properties used by its newspapers around the United States in a like-kind exchange for $175 million from TMCT L.L.C. The transaction will save the media company $24 million a year it would otherwise have paid to lease properties where newspapers including the Los Angeles Times, Newsday, Baltimore Sun and Hartford Courant have their operations.
Trammell Crow Promotes Two, Hires One
April 29, 2008
Trammell Crow Co. has promoted Richard Fletcher to managing director and chief acquisitions officer and hired David Bass as senior vice president-asset management in the firm’s acquisition funds group in Dallas. In addition, Harry Lake has been promoted to senior vice president-acquisitions with the firm’s Los Angeles office.
Robert Maguire Floats Plan to Take Firm Private
April 28, 2008
Robert Maguire III, chairman & CEO of Maguire Properties Inc., has proposed a plan to privatize the REIT. The proposal represents the latest chapter in the company's efforts to resolve its debt problems, which is being spearheaded by a special committee of independent directors.
 

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Engaging Your Employees Essential
May 09, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

The Name Game: Part 3
May 02, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating...

The Name Game, Part 2
April 25, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

The Name Game: Part 1
April 18, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

Knowledge Is Power
April 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The ability of an executive to sort out who, what, why, when, where, and how while contemplating how decisions are made will largely determine the qualitative outcome of said eventual decisions. Even though...