Deals Day: Atlanta developer plans new apartments in Lower Greenville
Fri, 02/21/2020 - 17:40
In this latest edition of Deals Day, two apartment complexes changed hands, one project in Lower Greenville was announced and nearly 100,000 square feet of leases were signed.
10-K: EQUITY RESIDENTIAL
Fri, 02/21/2020 - 01:25
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion and analysis of the results of operations and financial condition of the Company and the Operating Partnership should be read in connection with the Consolidated Financial Statements and Notes thereto.
29,871 Los Angeles County mortgages are ‘seriously’ underwater
Sat, 02/15/2020 - 01:25
Attom Data says L.A. County had sixth-lowest share of these troubled loans among the 50 largest U.S. counties.
LA Power Women: 5 Questions With Avison Young's Jodi Meade
Wed, 12/11/2019 - 01:40
Meade: I live in Hermosa Beach and enjoy the beach, restaurants, shopping and all the entertainment and cultural attractions Los Angeles has to offer. I love working in downtown LA and enjoy the hustle and bustle of the big city, which has grown so much over the last two decades. This growth has evolved into a true live-work-play environment ...
Hermosa Beach man charged with insider trading while working as an executive at Hawthorne-based company
Fri, 11/22/2019 - 17:40
A former executive at Hawthorne-based company OSI Systems was indicted Thursday on charges of insider trading. Mark Loman, 58, of Hermosa Beach, is accused of using inside information to “short” his employer’s stock and later purchase shares of a company that his own company planned to acquire. He gained approximately $567,000 in the ...
Nolan Capital acquires Ortega National Parks
Wed, 11/06/2019 - 22:40
No financial terms were disclosed. Nolan was the former managing partner of Leonard Green and Partners. He currently serves as a senior adviser to Leonard Green. HERMOSA BEACH, Calif.–(BUSINESS WIRE)–Ortega National Parks (ONP) announces that Nolan Capital, Inc., the family office of Peter Nolan, has become the company’s majority owner.
Federal Realty Investment Trust (FRT) Q3 2019 Earnings Call Transcript
Sat, 11/02/2019 - 00:40
Now how do we pay for it. The sales of Plaza Pacoima and a single building in for Hermosa Beach, California, two assets, where we could not see a path to growth, got us started, the sale of 12 acres under the threat of condemnation at San Antonio Center, which we expect to close in the fourth quarter by the way, along with some pretty ...
The LA Deal Sheet
Mon, 09/09/2019 - 14:40
Federal Realty Investment Trust has sold a 23K SF mixed-use office and retail building in Hermosa Beach to 1221 Hermosa Ave for $18M. Built in 1923 as a metropolitan theater, The Bijou Building at ...
US surfboard maker catches a break in ongoing trade war
Fri, 08/30/2019 - 14:40
Making surfboards is a dying craft in Hermosa Beach, California. At least one surfboard maker hopes the tide will turn once President Trump's latest round of tariffs takes effect in just a few days. China now dominates the U.S. surf market in volume and value.
2020 Prop 13 repeal ballot to be rewritten, WeWork and others lease with Irving Co. in Orange County: Daily digest
Wed, 08/14/2019 - 14:40
The retail REIT sold the 23,170-square-foot building in Hermosa Beach to an LLC named 1221 Hermosa Ave. Its former owner CIM Group had repurposed the shuttered theater into a retail building ...