by Melissa Cline | Jun 3, 2023 | Commercial Development, Commercial Properties, Real Estate Market
A Los Angeles ordinance that has a track record of creating downtown housing may be extended in coming months as the nation’s second-largest city grapples with a worsening housing affordability crisis. The city’s planning department has...
by Melissa Cline | Jun 1, 2023 | Commercial Development, Real Estate Market
Washington, D.C.-based alternative asset manager Fundrise has formed its first fund focused on financing commercial real estate projects. The credit fund aims to raise $500 million and is designed to give individual investors access to opportunities emerging from...
by Melissa Cline | May 1, 2023 | Commercial Development, Commercial Properties, Real Estate Market
Revenue Growth Rate Expected To Slow After Strong Start to the Year U.S. hotel industry revenue per available room in the first quarter was 16.7% higher than it was in the same quarter of 2022. This stronger-than-expected result was driven by a healthy average daily...
by Melissa Cline | Jan 31, 2023 | Commercial Development, Real Estate Market
Big Box Retail Chain Usually Isn’t a Ground-Floor Tenant in Multifamily Developments Costco, a retail chain known for cavernous buildings full of stacked goods, is working on a deal in Los Angeles that would put apartments full of potential customers on top of a...
by Melissa Cline | Jul 11, 2022 | Commercial Development, Commercial Properties
Netflix, once one of the most active office tenants in Hollywood, now is attempting to shrink its greater Los Angeles real estate footprint after layoffs and a decline in subscribers. The Los Gatos, California-based company has put up roughly 180,000 square feet of...
by Melissa Cline | Jul 8, 2022 | Commercial Development, Real Estate Market
A China-based e-commerce giant has signed on for the largest industrial lease on record in the tight Los Angeles region so far this year. JD.com agreed to lease the roughly 217,000-square-foot 333 S. Hacienda Blvd. building in the City of Industry, according to...
