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  • Natixis Corporate & Investment Banking provides a $126,700,000 floating rate acquisition loan for 555 Aviation
    Fri, 06/24/2022 - 20:33
    Associated Press
    Natixis Corporate & Investment Banking provided a $126,700,000 acquisition loan secured by 555 Aviation, a 259,754 square foot class-A creative office building located in El Segundo, CA. The Property was purchased by a subsidiary of FS Credit Real Estate Income Trust,

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  • Friday Digest: Twitter pauses hiring, cuts 2 execs; Atherton struggles with housing mandates
    Fri, 05/13/2022 - 18:23
    The Business Journals
    Gavin Newsom yesterday unveiled a plan to use the state's budget surplus to counteract inflation, including new funding for rent relief, child care, health insurance premiums and utilities. Turning to the current cryptocurrency fallout,

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  • Marlin Technology Co. (NASDAQ:FINM) Short Interest Update
    Mon, 03/14/2022 - 01:44
    ETF Daily News
    Marlin Technology Co. (NASDAQ:FINM – Get Rating) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 19,100 shares, a growth of 99.0% from the February 13th total of 9,

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  • Phoenix Capital Group Announces Regulation A+ High-Yield Bond Offering
    Sun, 02/13/2022 - 03:01
    Digital Journal
    Phoenix Capital Group has 32 employees spread out over three offices in Hermosa Beach, California; Littleton, Colorado; and Casper, Wyoming. Its leaders have over 60 years of combined experience in the energy sector, focusing on asset management and ...

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  • Alert SouthBay in Los Angeles Deploys Everbridge to Help Keep Residents and Attendees Safe During This Month’s U.S. Football Championship
    Thu, 02/10/2022 - 16:46
    Yahoo Finance
    Hermosa Beach, Redondo Beach, Carson, and Torrance, will deploy the company’s population alerting platform to communicate with residents, visitors and attendees of this month’s U.S. Football Championship in the event of an emergency, disruption or need ...

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  • Phoenix Capital Group Featured at Regulation A+ Virtual Investor Conference
    Thu, 02/10/2022 - 02:00
    Digital Journal
    REGISTER NOW AT: https://bit.ly/3J7cTT3 About Phoenix Capital Group: Phoenix Capital Group has 32 employees spread out over three offices in Hermosa Beach, California; Littleton, Colorado; and Casper, Wyoming. Its leaders have over 60 years of combined ...

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  • Rolling Hills Apartment Homes complex in Torrance sells for $49.5 million
    Fri, 02/04/2022 - 00:16
    The Business Journals
    Also in August, it brokered the sale of a pair of adjacent apartment complexes in Hermosa Beach for a total of $275 million. The 285-unit Playa Pacifica sold for $162.5 million and the 169-unit The Gallery sold for $112.5 million. © 2022 American City ...

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  • San Bernadino County apartment complex sells for nearly $81 million
    Fri, 01/07/2022 - 16:49
    The Business Journals
    The Benson was built in 1973 on a 517,000-square-foot lot and has 32 residential buildings, two pools with sundecks, a spa, fitness center, dog park, playground, and more than 350 onsite parking spots.

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  • In Booming 2022 Market, Darryl West's Brokerage Shows How Homeowners Can Achieve Upsizing Goals
    Thu, 01/06/2022 - 20:41
    Middle East North Africa Financial Network
    Property experts agree that 2022 is set for soaring demand for buying homes , and one California real estate broker is offering a unique opportunity that gives people in South Bay the chance to not only upsize to their dream home but also get support for years to come.

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  • Equity Residential faces class-action suit over rental application fees
    Tue, 01/04/2022 - 23:00
    The Real Deal
    Equity Residential, the Chicago-based apartment investor that’s been shedding some “less desirable” units among its 35,000 California assets, faces another West Coast lawsuit. The firm, sued in 2017 over dubious late fees,

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  • TDI Properties Buys 3 Multifamily Buildings in LA
    Mon, 01/03/2022 - 10:06
    Los Angeles Business Journal
    TDI Properties Inc. has purchased a portfolio of three multifamily properties known as the Elevate LA Portfolio from a Colorado-based family for an undisclosed sum. The properties were owned by the seller for almost three decades.

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  • 7-Eleven portfolio sells for $19.7M
    Thu, 12/30/2021 - 17:38
    Virginia Business
    A portfolio of seven 7-Eleven Inc. gas and convenience locations in Central Virginia have been sold to Affiliates of Equitas Investments for $19.7 million, Cushman & Wakefield Thalhimer announced Monday.

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  • 7-Eleven porfolio sells for $19.7M
    Wed, 12/29/2021 - 22:24
    Virginia Business
    A portfolio of seven 7-Eleven Inc. gas and convenience locations in Central Virginia have been sold to Affiliates of Equitas Investments for $19.7 million, Cushman & Wakefield Thalhimer announced Monday.

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  • Historic Wilshire Royale apartment building sells for $45.5 million
    Fri, 12/17/2021 - 17:54
    The Business Journals
    The 94-year-old building with 8,933 square feet of ground floor retail in Los Angeles's Westlake District was sold for approximately $233,160 per unit.

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  • Former South Bay Executive Sentenced to Nearly Three Years in Federal Prison for Insider Trading and Securities Fraud
    Mon, 12/06/2021 - 21:42
    sandiegonewscape.com
    Los Angeles, California - A former executive at a Hawthorne-based company was sentenced last week to 35 months in federal prison for trading in options contracts using inside company information and illegally purchasing shares of a company his employer had targeted for acquisition.

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  • Two Simi Valley apartment complexes sell for a total of $190 million
    Fri, 12/03/2021 - 16:56
    The Business Journals
    Two apartment complexes in Simi Valley have sold for a total of $190 million. Brokerage firm Institutional Property Advisors, a division of Calabasas, California-based Marcus & Millichap (NYSE: MMI),

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  • Ex-Executive of Hawthorne Company Gets Nearly Three Years for Fraud
    Mon, 11/29/2021 - 22:42
    MyNewsLA
    A former executive at a Hawthorne-based company was sentenced to nearly three years in federal prison Monday for insider trading, with prosecutors saying he misused confidential company information and illegally purchased shares of a firm his employer planned to acquire.

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  • Community Preservation Partners (CPP) Appoints Belinda Oakes as New Chief Financial Officer
    Thu, 11/18/2021 - 16:12
    Associated Press
    Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, today announced the appointment of Belinda Oakes as chief financial officer. Oakes will be responsible for the development,

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  • Barry Siegel Reflects on Rewarding Career and Philanthropic Efforts
    Wed, 11/17/2021 - 17:30
    YAHOO!News
    If Barry Siegel’s face seems strangely familiar, it’s probably because he can often be seen on telecasts of Dodgers home games, in the front row behind home plate, right next to former “Entertainment Tonight” host Mary Hart.

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  • California claims lion’s share of 100 priciest zips
    Sat, 10/30/2021 - 00:29
    The Real Deal
    SoCal zip codes in San Diego, Hermosa Beach and Rancho Palos Verdes also made the list, among others. San Francisco had two zip codes on the list. Other Other Bay Area zip codes were in Sunnyvale ...

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