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<title>SoCal City Decisively Passes First-In-Nation Data Center Ban</title>
<link>https://www.bisnow.com/los-angeles/news/data-center-development/monterey-park-data-centers-ban-approved-134854</link>
<guid>https://www.bisnow.com/los-angeles/news/data-center-development/monterey-park-data-centers-ban-approved-134854</guid>
<description>A San Gabriel Valley city has passed the nation's first permanent citywide data center ban by a wide margin. 
More than 86% of voters in Monterey Park voted in favor of the ban as of midday Wednesday. 
The ban, called Measure NDC, prohibits data...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 03 Jun 2026 14:43:39 -0400</pubDate>
<content:encoded><![CDATA[A San Gabriel Valley city has passed the nation's first permanent citywide data center ban by a wide margin. 
More than 86% of voters in Monterey Park voted in favor of the ban as of midday Wednesday. 
The ban, called Measure NDC, prohibits data centers within city limits. Only another citywide vote could overturn it. 
Popular sentiment has been building against data centers in the San Gabriel Valley broadly and especially in Monterey Park, where Australian asset management company HMC Capital had proposed a 250K SF data center project.
HMC withdrew the project application in April, the San Gabriel Valley Tribune reported. 
The city of roughly 62,000 residents has had a moratorium on new data center projects in...]]></content:encoded>
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<title>Sawtelle Affordable Project That Used ED 1 Sells For $16.7M: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/sawtelle-affordable-project-used-ed-1-sells-for-167m-los-angeles-deal-sheet-134888</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/sawtelle-affordable-project-used-ed-1-sells-for-167m-los-angeles-deal-sheet-134888</guid>
<description>Generation Real Estate Partners and Eris Development sold a 44-unit Sawtelle project developed under Executive Directive 1, Mayor Karen Bass’ effort to streamline permitting for 100% affordable housing. The property sold for $16.7M, or more than $379,500...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 05 Jun 2026 12:21:36 -0400</pubDate>
<content:encoded><![CDATA[Generation Real Estate Partners and Eris Development sold a 44-unit Sawtelle project developed under Executive Directive 1, Mayor Karen Bass’ effort to streamline permitting for 100% affordable housing. The property sold for $16.7M, or more than $379,500 per unit, to the Housing Authority of the City of Los Angeles, public records show. 
The development at 11418 Missouri Ave. was one of the first ED 1 projects to break ground and was completed in 2025. It contains a rooftop amenity space, solar panels, on-site laundry and bicycle storage. Colliers’ Kitty Wallace and Andrew Eberhard facilitated the transaction on behalf of the sellers.
PEOPLE
NAI Capital...]]></content:encoded>
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<title>How The Wonderful Logistics Center Is Transforming California's Central Valley </title>
<link>https://www.bisnow.com/los-angeles/news/industrial/wonderful-logistics-center-wonderful-real-estate-studiob-134481</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/wonderful-logistics-center-wonderful-real-estate-studiob-134481</guid>
<description>The U.S. industrial market is off to a strong start in 2026. 
Q1 saw the market post its best numbers in three years, with 40M SF of net absorption. But not all industrial spaces are created equal, and reports show tenants shifting their demand toward...</description>
<author>julia.troy@bisnow.com</author>
<pubDate>Thu, 07 May 2026 12:24:14 -0400</pubDate>
<content:encoded><![CDATA[The U.S. industrial market is off to a strong start in 2026. 
Q1 saw the market post its best numbers in three years, with 40M SF of net absorption. But not all industrial spaces are created equal, and reports show tenants shifting their demand toward newer warehouse products that can support automation, artificial intelligence systems and higher power requirements.
The Wonderful Co., known for its many brands including Wonderful Pistachios, Halos and Pom Wonderful, has expanded into the commercial real estate world with its Wonderful Logistics Center to meet these modern industrial tenant demands. The 2,000-acre, fully entitled and master-planned logistics center, located in Shafter in California’s Central Valley, features more...]]></content:encoded>
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<title>Avison Young Team Moves To Stream Realty To Open Its First DTLA Office</title>
<link>https://www.bisnow.com/los-angeles/news/commercial-real-estate/avison-young-team-moves-stream-open-first-downtown-la-134850</link>
<guid>https://www.bisnow.com/los-angeles/news/commercial-real-estate/avison-young-team-moves-stream-open-first-downtown-la-134850</guid>
<description>Stream Realty Partners is expanding its SoCal reach, adding a new team and opening a new office in Downtown Los Angeles. 
The team, all formerly of Avison Young, will be led by Executive Vice Chairman Jonathan Larsen and Managing Director Chandler Larsen....</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 03 Jun 2026 11:31:02 -0400</pubDate>
<content:encoded><![CDATA[Stream Realty Partners is expanding its SoCal reach, adding a new team and opening a new office in Downtown Los Angeles. 
The team, all formerly of Avison Young, will be led by Executive Vice Chairman Jonathan Larsen and Managing Director Chandler Larsen. Jonathan Larsen, a capital markets and leasing specialist, was on AY’s global leadership team and its national executive committee. Chandler Larsen was a principal at AY, specializing in office leasing. 
The Downtown LA office team also includes Sally Zesut and Eric B. Moore, both hired as senior vice presidents and both previously at Avison Young. Zesut worked in capital markets for office...]]></content:encoded>
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<title>Sterling Bay Locks In $290M Refi On San Diego Life Sciences Campus: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/pccp-and-alliance-residential-buy-riverside-apartments-for-65m-the-los-angeles-deal-sheet-134783</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/pccp-and-alliance-residential-buy-riverside-apartments-for-65m-the-los-angeles-deal-sheet-134783</guid>
<description>Sterling Bay has secured a $290M refinance of Pacific Center, a Class-A life sciences campus in San Diego’s Sorrento Mesa. The refinancing includes $162.5M of future funding, providing substantial leasing and carry reserves to support continued occupancy...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 29 May 2026 12:38:29 -0400</pubDate>
<content:encoded><![CDATA[Sterling Bay has secured a $290M refinance of Pacific Center, a Class-A life sciences campus in San Diego’s Sorrento Mesa. The refinancing includes $162.5M of future funding, providing substantial leasing and carry reserves to support continued occupancy growth. ]]></content:encoded>
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<title>Walmart Pays $223M For Inland Empire Cold Storage Facility</title>
<link>https://www.bisnow.com/los-angeles/news/industrial/walmart-pays-223m-507k-sf-inland-empire-cold-storage-facility-134769</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/walmart-pays-223m-507k-sf-inland-empire-cold-storage-facility-134769</guid>
<description>Walmart purchased a cold storage facility in Riverside that it has leased since 2010, paying $233M. 
The 1001 Columbia Ave. facility measures 507K SF with 120 trailer stalls, 98 dock doors and 22,500 SF of office space. The deal works out to about...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 28 May 2026 15:05:30 -0400</pubDate>
<content:encoded><![CDATA[Walmart purchased a cold storage facility in Riverside that it has leased since 2010, paying $233M. 
The 1001 Columbia Ave. facility measures 507K SF with 120 trailer stalls, 98 dock doors and 22,500 SF of office space. The deal works out to about $460 per SF. The retail giant purchased the building from State Street Corp.
The deal is a sign that demand for temperature-controlled logistics facilities is still greater than the supply, JLL Managing Director Scott Coyle said in a release. JLL represented Walmart.
The U.S. cold storage market is resetting as record deliveries meet softer food inventories and uneasy consumer spending. Vacancy climbed...]]></content:encoded>
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<title>LA's Next Mayor Could Kill — Or Save — Measure ULA. Here's Where The Candidates Stand</title>
<link>https://www.bisnow.com/los-angeles/news/affordable-housing/la-mayor-candidates-housing-affordability-measure-ula-134753</link>
<guid>https://www.bisnow.com/los-angeles/news/affordable-housing/la-mayor-candidates-housing-affordability-measure-ula-134753</guid>
<description>The primary election for Los Angeles mayor is June 2, and although the margin of undecided voters has narrowed, polls show it remains a close race. A May 9 and 10 poll by Emerson College found that while incumbent Karen Bass was favored by 35% of likely...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 27 May 2026 19:47:43 -0400</pubDate>
<content:encoded><![CDATA[The primary election for Los Angeles mayor is June 2, and although the margin of undecided voters has narrowed, polls show it remains a close race. A May 9 and 10 poll by Emerson College found that while incumbent Karen Bass was favored by 35% of likely voters, challengers Nithya Raman and Spencer Pratt were both favored by 23%. Entrepreneur Adam Miller captured 12% of likely voters. ]]></content:encoded>
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<title>Brookfield Sells FIGat7th To JH Real Estate Partners</title>
<link>https://www.bisnow.com/los-angeles/news/retail/figat7th-brookfield-sale-jh-real-estate-partners-134743</link>
<guid>https://www.bisnow.com/los-angeles/news/retail/figat7th-brookfield-sale-jh-real-estate-partners-134743</guid>
<description>Brookfield has sold a key property in Downtown Los Angeles in its ongoing quest to divest its assets in the area.
The FIGat7th retail center sold to Newport Beach-based JH Real Estate Partners for an amount in the high $60Ms, a source with knowledge of...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 27 May 2026 13:51:43 -0400</pubDate>
<content:encoded><![CDATA[Brookfield has sold a key property in Downtown Los Angeles in its ongoing quest to divest its assets in the area.
The FIGat7th retail center sold to Newport Beach-based JH Real Estate Partners for an amount in the high $60Ms, a source with knowledge of the deal told Bisnow. 
The property at 735 S. Figueroa St. was roughly 86% occupied when it hit the market at the end of 2025, with tenants including anchors Target, Sephora and Zara.
Brookfield had previously fought to hold on to FIGat7th, locking down a three-year extension in 2023. By the end of 2025, the debt had increased to $61.7M. It was set to mature...]]></content:encoded>
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<title>As Investors Ask AI For Broker Picks, A New Visibility Race Emerges</title>
<link>https://www.bisnow.com/los-angeles/news/ai/brokers-ai-chatgpt-claude-recommendations-leads-deals-134714</link>
<guid>https://www.bisnow.com/los-angeles/news/ai/brokers-ai-chatgpt-claude-recommendations-leads-deals-134714</guid>
<description>CRE brokers are no longer just competing for referrals from clients. In the age of artificial intelligence, they’re competing for referrals from algorithms. 
As generative AI tools increasingly tell investors whom to call, brokers who carve out a clear...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Mon, 25 May 2026 17:09:01 -0400</pubDate>
<content:encoded><![CDATA[CRE brokers are no longer just competing for referrals from clients. In the age of artificial intelligence, they’re competing for referrals from algorithms. 
As generative AI tools increasingly tell investors whom to call, brokers who carve out a clear niche and feed the machines a steady diet of deal data and thought leadership are emerging as the industry’s new AI‑visible power players.
“I would say the biggest challenge for a lot of brokers who are not 30 years in the business is just brand awareness, awareness of what you do, what differentiates you,” said Taylor Avakian, a first vice president at Lyon...]]></content:encoded>
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<title>Hotel Renovation Locks In $103M: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/ie-hotel-repositioning-project-locks-in-103m-financing-the-los-angeles-deal-sheet-134610</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/ie-hotel-repositioning-project-locks-in-103m-financing-the-los-angeles-deal-sheet-134610</guid>
<description>National Core secured $103M in financing for the Ontario Airport Hotel and Conference Center in Ontario, which is undergoing a repositioning and renovation.
JLL represented National Core, the property owner and borrower, to secure the financing with J.P....</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 15 May 2026 16:26:59 -0400</pubDate>
<content:encoded><![CDATA[National Core secured $103M in financing for the Ontario Airport Hotel and Conference Center in Ontario, which is undergoing a repositioning and renovation.
JLL represented National Core, the property owner and borrower, to secure the financing with J.P. Morgan as the bond underwriter and GreenRock Capital as the commercial property assessed clean energy program administrator.]]></content:encoded>
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<title>Measure ULA Carve-Outs Could Reduce Tax's Revenue By Up To 35% Annually, City Report Says</title>
<link>https://www.bisnow.com/los-angeles/news/multifamily/measure-ula-changes-revenue-impact-134552</link>
<guid>https://www.bisnow.com/los-angeles/news/multifamily/measure-ula-changes-revenue-impact-134552</guid>
<description>The carve-outs to Measure ULA that the city is mulling could translate to the roughly 3-year-old real estate transfer tax generating up to 35% less revenue annually, a city report found.
The figure comes from a Los Angeles Housing Department report,...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 12 May 2026 17:38:11 -0400</pubDate>
<content:encoded><![CDATA[The carve-outs to Measure ULA that the city is mulling could translate to the roughly 3-year-old real estate transfer tax generating up to 35% less revenue annually, a city report found.
The figure comes from a Los Angeles Housing Department report, submitted over the weekend, that looks at four different situations that have been suggested as tweaks to the measure and estimates how their outcomes will affect the money generated by the tax. 
ULA adds a 4% tax on transactions of more than $5.3M and a 5.5% tax on transactions over $10.6M. 
LAHD's analysis found that exempting commercial and multifamily properties built or substantially remodeled within the past...]]></content:encoded>
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<title>Onni Pivots From Office To Residential On Miracle Mile Project</title>
<link>https://www.bisnow.com/los-angeles/news/multifamily/onni-pivots-office-to-residential-miracle-mile-project-134568</link>
<guid>https://www.bisnow.com/los-angeles/news/multifamily/onni-pivots-office-to-residential-miracle-mile-project-134568</guid>
<description>After discarding plans to build office towers at Wilshire Court, Onni Group submitted an application to the city of Los Angeles to instead fill the space with two 67-story residential towers. 
Onni seeks to build twin 67-story residential towers at...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 13 May 2026 16:16:19 -0400</pubDate>
<content:encoded><![CDATA[After discarding plans to build office towers at Wilshire Court, Onni Group submitted an application to the city of Los Angeles to instead fill the space with two 67-story residential towers. 
Onni seeks to build twin 67-story residential towers at 5700 Wilshire Blvd., Urbanize LA reported.
Office vacancy in Los Angeles was just over 25% in the first quarter, with negative absorption of about 400K SF citywide, according to CBRE, dampening enthusiasm for new office construction.
Under the new plan, the pair of high-rises would create 2,586 studio and one-to-three-bedroom units, including 197 very low-income units. Those units would qualify the project for a density bonus...]]></content:encoded>
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<title>Landlords Cut Rents, Boost Concessions To Accelerate Hollywood's Retail Momentum</title>
<link>https://www.bisnow.com/los-angeles/news/retail/hollywood-retail-bathhouse-fitler-club-leases-134532</link>
<guid>https://www.bisnow.com/los-angeles/news/retail/hollywood-retail-bathhouse-fitler-club-leases-134532</guid>
<description>After years of sluggish leasing and pandemic‑era losses in foot traffic, Hollywood’s retail core is showing signs of a real rebound. More than 150K SF of new commitments have been announced in the past six months, and a wave of restaurants, nightlife...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Mon, 11 May 2026 18:36:43 -0400</pubDate>
<content:encoded><![CDATA[After years of sluggish leasing and pandemic‑era losses in foot traffic, Hollywood’s retail core is showing signs of a real rebound. More than 150K SF of new commitments have been announced in the past six months, and a wave of restaurants, nightlife and wellness operators are cropping up on Sunset and Hollywood boulevards in the heart of the neighborhood. 
While the neighborhood’s momentum can be attributed in part to its central location, cultural cache and unique historic buildings, some of it is also because landlords are being more aggressive about landing the right tenants, whether that’s closing deals quickly or offering attractive...]]></content:encoded>
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<title>Kilroy Lawsuit Claims NeueHouse Owes $5M In Back Rent In Hollywood</title>
<link>https://www.bisnow.com/los-angeles/news/office/kilroy-neuehouse-back-rent-hollywood-134504</link>
<guid>https://www.bisnow.com/los-angeles/news/office/kilroy-neuehouse-back-rent-hollywood-134504</guid>
<description>Hollywood landlord Kilroy Realty Corp. and bankrupt private club NeueHouse are mired in a battle over $5M in back rent, a process that is complicated by NeueHouse’s ongoing Chapter 7 bankruptcy proceedings. 
A pair of June hearings are scheduled in...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 08 May 2026 14:49:14 -0400</pubDate>
<content:encoded><![CDATA[Hollywood landlord Kilroy Realty Corp. and bankrupt private club NeueHouse are mired in a battle over $5M in back rent, a process that is complicated by NeueHouse’s ongoing Chapter 7 bankruptcy proceedings. 
A pair of June hearings are scheduled in unlawful detainer and breach of contract cases filed by Kilroy. 
At issue are months of unpaid rent at NeueHouse’s roughly 90K SF Hollywood location in Kilroy’s Columbia Square development dating to September 2024. That’s when, Kilroy alleges, NeueHouse stopped paying rent for the space it leased on Sunset Boulevard, according to a 322-page complaint Kilroy filed six months later in March 2025.  
At...]]></content:encoded>
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<title>Laemmle Buys Back At Discount North Hollywood Movie Theater It Sold In 2021: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/laemmle-north-hollywood-buy-back-los-angeles-real-estate-134507</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/laemmle-north-hollywood-buy-back-los-angeles-real-estate-134507</guid>
<description>The Laemmle family reacquired 5240 Lankershim Blvd. in North Hollywood, a roughly 33K SF property it had sold to multifamily developer Grubb Properties in 2021. Grubb had planned to build a mixed-use retail and residential project on the site. 
Property...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 08 May 2026 17:14:32 -0400</pubDate>
<content:encoded><![CDATA[The Laemmle family reacquired 5240 Lankershim Blvd. in North Hollywood, a roughly 33K SF property it had sold to multifamily developer Grubb Properties in 2021. Grubb had planned to build a mixed-use retail and residential project on the site. 
Property records show the developer bought the site for $9.5M. The buyer, an LA-based investor group led by the Laemmle family, bought it back for $6.5M. Pegasus advised the buyer group on the purchase. The reacquisition was part of a 1031 exchange that happened after the disposition of another former theater that was owned and operated by the family.
PEOPLE
Colliers hired Kurt Davis...]]></content:encoded>
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<title>Hudson Pacific Office Leasing Looking Up, But Big Loan Maturity Looms</title>
<link>https://www.bisnow.com/los-angeles/news/office/hudson-pacific-properties-studios-quixote-office-netflix-loan-maturity-134489</link>
<guid>https://www.bisnow.com/los-angeles/news/office/hudson-pacific-properties-studios-quixote-office-netflix-loan-maturity-134489</guid>
<description>Hudson Pacific Properties reported improved office occupancy and positive office leasing news, especially in the Bay Area, where artificial intelligence tenants are on the hunt for space.  
But the office REIT was in the red again in the first three...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 07 May 2026 16:48:21 -0400</pubDate>
<content:encoded><![CDATA[Hudson Pacific Properties reported improved office occupancy and positive office leasing news, especially in the Bay Area, where artificial intelligence tenants are on the hunt for space.  
But the office REIT was in the red again in the first three months of this year, reporting a net loss of $53.1M — though its results were an improvement over the nine-figure loss it posted last quarter and the $74.7M loss it reported in the first quarter of 2025. 
“We're making the hard calls and continue to ensure our overhead is controlled, our disposition pipeline remains on track, and we have ample liquidity and a clear...]]></content:encoded>
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<title>Tejon Ranch, Dedeaux Properties To Begin 510K SF Industrial Project </title>
<link>https://www.bisnow.com/los-angeles/news/industrial/tejon-ranch-co-and-dedeaux-properties-to-break-ground-on-510k-sf-industrial-project-134441-134442</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/tejon-ranch-co-and-dedeaux-properties-to-break-ground-on-510k-sf-industrial-project-134441-134442</guid>
<description>Tejon Ranch Co. and Dedeaux Properties will break ground on a 510K SF industrial facility at the Tejon Ranch Commerce Center in Kern County's Lebec.Construction on the facility, located about 75 miles north of Los Angeles, is expected to be complete...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 05 May 2026 17:14:43 -0400</pubDate>
<content:encoded><![CDATA[Tejon Ranch Co. and Dedeaux Properties will break ground on a 510K SF industrial facility at the Tejon Ranch Commerce Center in Kern County's Lebec.Construction on the facility, located about 75 miles north of Los Angeles, is expected to be complete in early 2027. It will include 36-foot clear heights, 100 dock-high doors and 4K SF of turnkey office space, according to a release from the developers. 
“We’re building into a market where industrial supply across Southern California is limited, and leasing demand has been accelerating,” Tejon Ranch Co. President and CEO Matt Walker said in a statement. “Our new facility is well timed to meet the market.”
Industrial vacancies in Southern California have...]]></content:encoded>
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<title>Target-Anchored Retail Center On Track To Open In Beaumont, California</title>
<link>https://www.bisnow.com/los-angeles/news/retail/regency-centers-oak-valley-village-beaumont-studiob-134060</link>
<guid>https://www.bisnow.com/los-angeles/news/retail/regency-centers-oak-valley-village-beaumont-studiob-134060</guid>
<description>Regency Centers is moving forward with construction of Oak Valley Village, a 230K SF open-air retail destination in Beaumont, California, on the Interstate 10 corridor.
Oak Valley Village will deliver on a longstanding local desire for a Target to be...</description>
<author>marynia.kruk@bisnow.com</author>
<pubDate>Thu, 09 Apr 2026 12:41:53 -0400</pubDate>
<content:encoded><![CDATA[Regency Centers is moving forward with construction of Oak Valley Village, a 230K SF open-air retail destination in Beaumont, California, on the Interstate 10 corridor.
Oak Valley Village will deliver on a longstanding local desire for a Target to be located in the community. The development is expected to not only serve the shopping needs of Beaumont residents but to generate significant tax revenue for the municipality. 
Slated for completion in 2027, the project is anchored by national retailer Target and Sprouts Farmers Market and will serve as a critical shopping hub for the fast-growing Inland Empire community.
“[Oak Valley Village] reflects Beaumont’s ability to attract high-quality...]]></content:encoded>
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<title>Downtown LA Renters Hold All The Cards As Landlords Cut Prices</title>
<link>https://www.bisnow.com/los-angeles/news/multifamily/its-a-good-time-to-be-a-renter-or-buyer-in-downtown-la-134384-134387</link>
<guid>https://www.bisnow.com/los-angeles/news/multifamily/its-a-good-time-to-be-a-renter-or-buyer-in-downtown-la-134384-134387</guid>
<description>Renters have the upper hand in Downtown Los Angeles, with sluggish apartment rent growth motivating landlords to offer concessions and even lower rents. 
Rents fell 1.2% in Downtown in the first three months of this year, according to a Colliers report.
“We've...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 01 May 2026 12:18:37 -0400</pubDate>
<content:encoded><![CDATA[Renters have the upper hand in Downtown Los Angeles, with sluggish apartment rent growth motivating landlords to offer concessions and even lower rents. 
Rents fell 1.2% in Downtown in the first three months of this year, according to a Colliers report.
“We've had to lower our rents and sort of chase the market down to fill up our buildings,” G.H. Palmer Associates Senior Vice President of Development Darrel Malamut told attendees at Bisnow’s Downtown Los Angeles CRE Summit at the Aon Center in Downtown. 
There’s a heavy use of concessions throughout the market, AvalonBay Senior Vice President of Development Mark Janda said. He pointed to perceptions...]]></content:encoded>
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<title>How CRE Is Bringing Creative Design And Today's Tech Advancements To LA Studios</title>
<link>https://www.bisnow.com/los-angeles/news/construction-development/how-cre-is-bringing-creative-design-and-todays-tech-advancements-to-la-studios-134375</link>
<guid>https://www.bisnow.com/los-angeles/news/construction-development/how-cre-is-bringing-creative-design-and-todays-tech-advancements-to-la-studios-134375</guid>
<description>While film and TV production has spread beyond Los Angeles to other locations in the U.S., the city is still considered the “global hub” for filming movies and shows. 
LA is growing this hub by welcoming additional studio space. East End Capital...</description>
<author>elizabeth.reyn@bisnow.com</author>
<pubDate>Thu, 30 Apr 2026 16:31:21 -0400</pubDate>
<content:encoded><![CDATA[While film and TV production has spread beyond Los Angeles to other locations in the U.S., the city is still considered the “global hub” for filming movies and shows. 
LA is growing this hub by welcoming additional studio space. East End Capital has finished construction on its $230M, 255K SF studio complex in Boyle Heights. It features soundstages ranging from 14K SF to 36K SF, production offices and support space. 
Cinespace Studios opened a 180K SF campus with 18K SF of soundstages in Woodland Hills, its first LA location. Meanwhile, Netflix is in talks to purchase Studio City’s Radford Studio Center, which...]]></content:encoded>
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<title>LA County Bucks National Trend With Wave Of New Apartment Construction </title>
<link>https://www.bisnow.com/los-angeles/news/multifamily/los-angeles-multifamily-investments-construction-starts-134358</link>
<guid>https://www.bisnow.com/los-angeles/news/multifamily/los-angeles-multifamily-investments-construction-starts-134358</guid>
<description>New apartment construction in greater Los Angeles is heating up — and bucking nationwide perceptions in the process. 
Developers started work on more than 4,000 units in the first quarter, the most construction starts in the area since the end of...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 29 Apr 2026 18:39:02 -0400</pubDate>
<content:encoded><![CDATA[New apartment construction in greater Los Angeles is heating up — and bucking nationwide perceptions in the process. 
Developers started work on more than 4,000 units in the first quarter, the most construction starts in the area since the end of 2022, according to new Colliers data. The surge in SoCal reflects a departure from national trends, which show a pullback in new construction amid softening rent growth.]]></content:encoded>
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<title>Momentum, Alignment And Action: How DTLA Is Rising Once Again</title>
<link>https://www.bisnow.com/los-angeles/news/commercial-real-estate/momentum-alignment-action-dtla-alliance-studiob-134079</link>
<guid>https://www.bisnow.com/los-angeles/news/commercial-real-estate/momentum-alignment-action-dtla-alliance-studiob-134079</guid>
<description>Momentum is back in Downtown Los Angeles, and this time, it is being driven by real estate investment, civic alignment and progress on key issues. That momentum is increasingly reflected not just on the ground but also in how the market is viewed more...</description>
<author>john.knowles@bisnow.com</author>
<pubDate>Fri, 10 Apr 2026 12:45:41 -0400</pubDate>
<content:encoded><![CDATA[Momentum is back in Downtown Los Angeles, and this time, it is being driven by real estate investment, civic alignment and progress on key issues. That momentum is increasingly reflected not just on the ground but also in how the market is viewed more broadly, as investors and industry observers point to improving fundamentals and renewed opportunity in Downtown.
Toward the end of last year, DTLA Alliance Executive Vice President Nick Griffin said that “the outlook of today’s DTLA is rosier than media narratives would have people believe.” 
“It may have taken the media a beat, but they seem to be catching...]]></content:encoded>
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<title>Hudson Pacific To Shutter Atlanta, New Mexico Operations</title>
<link>https://www.bisnow.com/los-angeles/news/office/hudson-pacific-quixote-closing-leased-soundstages-134334</link>
<guid>https://www.bisnow.com/los-angeles/news/office/hudson-pacific-quixote-closing-leased-soundstages-134334</guid>
<description>Hudson Pacific Properties is jettisoning a portion of its struggling Quixote production and soundstage business.  
HPP will shed leased soundstages and cease operations in the Atlanta area, the REIT announced Tuesday. 
The wind-down will translate...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 28 Apr 2026 16:23:22 -0400</pubDate>
<content:encoded><![CDATA[Hudson Pacific Properties is jettisoning a portion of its struggling Quixote production and soundstage business.  
HPP will shed leased soundstages and cease operations in the Atlanta area, the REIT announced Tuesday. 
The wind-down will translate into 70 layoffs in LA and Atlanta, according to the Hollywood Reporter. 
New Mexico and Georgia saw dips in filming count and production spend to start 2026, THR reported. The number of films shot in Georgia fell by 11% year-over-year in January, while 29% fewer films were shot in New Mexico.
Leased soundstages affected in the LA area are Quixote West Hollywood and Quixote Central Valley in Van Nuys. Quixote...]]></content:encoded>
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<title>Inland Empire Industrial Slump Deepens, But Brokers Say Rebound May Be Near</title>
<link>https://www.bisnow.com/los-angeles/news/industrial/inland-empire-134288</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/inland-empire-134288</guid>
<description>Industrial vacancy and rents in the Inland Empire have continued to deteriorate, but a surge in leasing and a sharply shrinking development pipeline have brokers betting the market is nearing its inflection point.
The area's vacancy rate reached 7.8%...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 24 Apr 2026 16:40:50 -0400</pubDate>
<content:encoded><![CDATA[Industrial vacancy and rents in the Inland Empire have continued to deteriorate, but a surge in leasing and a sharply shrinking development pipeline have brokers betting the market is nearing its inflection point.
The area's vacancy rate reached 7.8% in the first three months of 2026, and negative net absorption hit 4.7M SF, according to a report from CBRE. The negative absorption included four 1M SF spaces that went vacant in the quarter. 
“It was those major move-outs in those massive blocks of space that really drove the negative net absorption this quarter,” CBRE Research Manager Rick Cozart said. ]]></content:encoded>
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<title>Pasadena Office Building Sells For $33M: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/los-angeles-commercial-real-estate-deals-134290</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/los-angeles-commercial-real-estate-deals-134290</guid>
<description>The California State Compensation Insurance Fund purchased a 159K SF Class-A office building at 35 N. Lake Ave. in Pasadena.
JLL announced the sale and represented the seller, Swift Real Estate Partners. A sale price was not disclosed, but LA Business...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Sun, 26 Apr 2026 13:52:51 -0400</pubDate>
<content:encoded><![CDATA[The California State Compensation Insurance Fund purchased a 159K SF Class-A office building at 35 N. Lake Ave. in Pasadena.
JLL announced the sale and represented the seller, Swift Real Estate Partners. A sale price was not disclosed, but LA Business First reported it was about $33M, a $25M loss and a roughly 50% discount from the approximately $58M Swift paid for it in 2019. ]]></content:encoded>
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<title>Church Of Scientology Is The New Owner Of Former Hollywood Mama Shelter Hotel</title>
<link>https://www.bisnow.com/los-angeles/news/hotel/former-mama-shelter-hotel-hollywood-sells-church-of-scientology-134259</link>
<guid>https://www.bisnow.com/los-angeles/news/hotel/former-mama-shelter-hotel-hollywood-sells-church-of-scientology-134259</guid>
<description>A Hollywood building that formerly housed the Mama Shelter hotel has sold out of receivership to an entity linked to the Church of Scientology for $16M, Bisnow has learned. 
The sale price for the 70-room hotel works out to about $229K per key, below...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 23 Apr 2026 14:14:47 -0400</pubDate>
<content:encoded><![CDATA[A Hollywood building that formerly housed the Mama Shelter hotel has sold out of receivership to an entity linked to the Church of Scientology for $16M, Bisnow has learned. 
The sale price for the 70-room hotel works out to about $229K per key, below the 2025 average for LA County, according to a year-end report from Atlas Hospitality Group. 
Berkadia represented the seller and announced the sale earlier this month but didn’t disclose a sale price or the buyer. 
The hotel's distress likely contributed to the discount on the property compared to countywide averages, but the property commanded a higher price than other recent distressed hotel sales....]]></content:encoded>
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<title>REPORT: Netflix In Talks To Buy LA's Radford Studio Center For Discount</title>
<link>https://www.bisnow.com/los-angeles/news/commercial-real-estate/netflix-talks-buy-radford-studio-center-134238</link>
<guid>https://www.bisnow.com/los-angeles/news/commercial-real-estate/netflix-talks-buy-radford-studio-center-134238</guid>
<description>Netflix is in talks to buy a Los Angeles-area studio production property at a hefty discount. 
The Studio City property at 4024, 4064 and 4200 N. Radford Ave. was handed over to its lenders earlier this year after owner Hackman Capital Partners defaulted...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 22 Apr 2026 12:05:06 -0400</pubDate>
<content:encoded><![CDATA[Netflix is in talks to buy a Los Angeles-area studio production property at a hefty discount. 
The Studio City property at 4024, 4064 and 4200 N. Radford Ave. was handed over to its lenders earlier this year after owner Hackman Capital Partners defaulted on the loan.
The lenders, led by Goldman Sachs Group, are still in discussions with Netflix, and a final price hasn't been decided, unnamed sources told Bloomberg, but it is expected to be less than a third of the production facility's last sale price.
The Radford lot sold to Hackman Capital Partners and Square Mile Capital Management for $1.85B in 2021. The price tag Goldman Sachs and Netflix are discussing is...]]></content:encoded>
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<title>$54M Loan On Playa Vista Offices Moves To Special Servicing</title>
<link>https://www.bisnow.com/los-angeles/news/office/54-million-loan-playa-vista-offices-special-servicing-wework-134229</link>
<guid>https://www.bisnow.com/los-angeles/news/office/54-million-loan-playa-vista-offices-special-servicing-wework-134229</guid>
<description>A $54M loan backed by two Playa Vista office properties has gone to special servicing after the borrowers, brothers Simon and Daniel Mani, missed payments.
The debt was set to mature in October 2029, but the borrowers had missed three months of payments,...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 21 Apr 2026 16:08:13 -0400</pubDate>
<content:encoded><![CDATA[A $54M loan backed by two Playa Vista office properties has gone to special servicing after the borrowers, brothers Simon and Daniel Mani, missed payments.
The debt was set to mature in October 2029, but the borrowers had missed three months of payments, The Real Deal reported. The lender was not disclosed. 
The properties at 12555 and 12655 Jefferson Blvd. total about 194K SF and were purchased in 2015 and 2016, respectively, by the Mani brothers, according to TRD. They paid roughly $49M in March 2015 for 12555 Jefferson and approximately $80M in November 2016 for 12655 Jefferson, property records show. 
There’s also $57M in additional debt on the portfolio...]]></content:encoded>
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<title>Appeals Court Partially Sides With LA Landlords In Challenge To Tenant Protection Laws</title>
<link>https://www.bisnow.com/los-angeles/news/multifamily/market-rate-apartments-relocation-assistance-eviction-threshold-134209</link>
<guid>https://www.bisnow.com/los-angeles/news/multifamily/market-rate-apartments-relocation-assistance-eviction-threshold-134209</guid>
<description>An appellate court decision has handed the Apartment Association of Greater Los Angeles a victory on one count but a loss on another, The Real Deal reported. 
AAGLA had sued the city of Los Angeles over a regulation that called for landlords to give...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Mon, 20 Apr 2026 15:38:58 -0400</pubDate>
<content:encoded><![CDATA[An appellate court decision has handed the Apartment Association of Greater Los Angeles a victory on one count but a loss on another, The Real Deal reported. 
AAGLA had sued the city of Los Angeles over a regulation that called for landlords to give relocation assistance to renters who, following legal rent increases, could no longer afford their non-rent-stabilized units. 
The California Court of Appeal for the 2nd District overturned this, finding it in conflict with the Costa-Hawkins Rental Housing Act, according to a press release from AAGLA. Costa-Hawkins says owners of units not subject to the city's rent-stabilization rules can raise their rents to market levels. 
AAGLA also...]]></content:encoded>
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<title>G4 Capital Bets On LA In First Expansion Out Of New York</title>
<link>https://www.bisnow.com/los-angeles/news/capital-markets/larry-grantham-g4-capital-partners-west-coast-expansion-134115</link>
<guid>https://www.bisnow.com/los-angeles/news/capital-markets/larry-grantham-g4-capital-partners-west-coast-expansion-134115</guid>
<description>New York-based G4Capital Partners has branched out of New York City more than 20 years after its founding as it seeks to expand its investor pool and further capitalize on the need for multifamily properties in urban areas.
G4 wants to further assert...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 09 Apr 2026 14:29:41 -0400</pubDate>
<content:encoded><![CDATA[New York-based G4Capital Partners has branched out of New York City more than 20 years after its founding as it seeks to expand its investor pool and further capitalize on the need for multifamily properties in urban areas.
G4 wants to further assert its presence in the space made by banks that pulled back from commercial real estate lending in recent years and leverage the population demographics of the country’s second-largest city to do it.
“We see a real gap now between where borrowers need capital and where traditional lenders are willing to go,” said Larry Grantham, whom G4 appointed as senior...]]></content:encoded>
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