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Attendees check out the schedule on day 1 of ICSC RECon
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ICSC Is Commercial Real Estate Professionals' 'Super Bowl'

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Lyft in San Francisco
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The Future Of Medical Transportation Is Ride-Sharing

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Newly acquired by Amazon for $1B, security start up Ring will move their Santa Monica headquarters to Hawthorne in the South Bay. Vella Group is developing the 62K SF property at 12515 Cerise Ave. in Hawthorne. M-Rad architecture in Los Angeles is designing Ring's new headquarters.
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SpaceX's New Neighbor In Hawthorne Will Be Amazon's Ring

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Kosmont Companies CEO Larry Kosmont
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Developers, Attorneys Tackle The Most-Asked Questions About The Opportunity Zones Program

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An example of a converted HomeShare room in San Francisco
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San Francisco-Based HomeShare To Expand To Los Angeles And Other Markets

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Positive Investments Inc. has expanded its South Los Angeles portfolio with the acquisition of an 86-unit, 10 building property in Compton.
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LA Deal Sheet

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Cambridge Business Park Costa Mesa Medical Marijuana
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Industrial Building In Costa Mesa’s Marijuana Business District Goes For $2.5M

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Nonprofit organization PATH Ventures plans to redevelop its 5627 W. Fernwood Ave. Los Angeles building into a five-story, 59 unit of very-low-income affordable housing and one market rate manager's unit.
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LA's Transit Oriented Communities Program Will Benefit Developers And Community, Experts Say

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CBRE Advisory & Transaction Services David Freitag, Lincoln Property Company SVP Kent Handleman, Olive Hill Group Vice President, Corporate Development Tim Lee and Cypress Equity Investments CFO Alla Sorochinsky were panelists at Bisnow's Silicon Beach 2018: What's Next For LA's Growing Tech Sector?  event at The Bluffs at Playa Vista.
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With Google And Facebook In Playa Vista, Expect Multifamily Rent To Continue Rising

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Los Angele Mayor Eric Garcetti speaks at the release of WeWork's first economic impact report in Hollywood.
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WeWork Makes Lofty Claims In First Economic Impact Study

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As part of a larger sell off, a private owner has sold the 148-unit Oaktree Apartments in Santa Clarita.
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Investors Scoop Up $162M Multifamily Portfolio In Los Angeles

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The Rolling Hills Country Club in the South Bay area of Los Angeles recently completed a $125M redevelopment.
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The LA Deal Sheet

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Co-working giant WeWork opens its second location in Orange County in Costa Mesa.
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WeWork Opens In Costa Mesa, Its Second Location In Orange County

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An attendee holds up a sign during a meeting held by the Coalition of Labor Resorts Union. The union is pushing for a measure to increase minimum wage in Anaheim to $15/hour from businesses that receive city tax subsidies.
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Hotel Union Turns In Signatures For Living Wage Initiative In Anaheim

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American Apparel
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American Apparel Is Coming Back With First Retail Store Since Bankruptcy

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The Los Angeles City Council approved a proposed ordinance that would limit short term rentals in the city.
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LA City Council Limits Airbnb And Home-Sharing

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AXIS/GFA Architecture + Design's Cory Creath, Classic Hotels & Resorts John Grossman, Interstate Hotels & Resorts Don Li and HVS Adam Lair speak at a panel April 26 at the Bisnow Lodging & Innovation Series West held at the Sheraton Grand Hotel in downtown Los Angeles.
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Hospitality Experts' Biggest Concerns: Trump's Unpredictability, Rising Costs, Lack Of Inventory

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MCA Realty plans to reposition the recently acquired 14401 Princeton Avenue industrial property in Moorpark.
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The LA Deal Sheet

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Circa Towers, a two skyscraper development in downtown Los Angeles, is slated to open by the end of summer.
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Circa Towers Unveils LED Display Board Ahead Of Opening

LA
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Prologis at 12425 Los Nietos, LA
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Why Prologis Acquired DCT For $8B

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Institutional Advisor sells a 307K SF industrial property to Prologis for $55m.
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Prologis Acquires Orange County Industrial Property For $55M

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LWHA Managing Director Mark Lukens, The Athens Group COO Jay Newman, MGM Resorts International Chief Experience Officer/CMO Lilian Tomovich, TOTO USA President - Operations Bill Strang, Auberge Resorts CEO Mark Harmon
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Zip Lines, Virtual Reality And Social Media: The Future Of Resorts Is Experiences

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Boston Properties has entered into an agreement to purchase Blackstone's Santa Monica Business Park for more than $600m.
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Boston Properties To Acquire Santa Monica Business Park For $616M

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The Row DTLA is quickly becoming one of downtown's must visit retail destination.
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Row DTLA Is Aiming To Be DTLA's Retail Destination

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El Segundo officials are pushing for the city to create a creative industrial office district called Smoky Hollow
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El Segundo Pushes For Smoky Hollow As A Creative Industrial Office District

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Jerich USA has expanded its industrial footprint in Carson.
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The LA Deal Sheet

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The Arcturus Group has put the 455K SF Anaheim GardenWalk in Anaheim up for sale.
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Orange County Retail Up In First Quarter

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Project Youth OCBF teen Jonathan Lopez and Savill Studley's Steven Card.
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Savills Studley Broker Donates Commission, Helps Nonprofit Buy Commercial Building

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CBRE is listing a mixed-use portfolio for sale for $79.5M.
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As Snapchat Leaves, Venice Mixed-Use Portfolio Up For Grabs For $80M

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CBRE Managing Director Patrick McRoskey, Century City Chamber of Commerce President and CEO Nancy Wood and LA Realty Partners Founding Principal Lisa St. John
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In Century City, A Focus On Amenities Attracts A New Generation Of Workers

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