Property Management - Los Angeles
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Hotel Indigo Opens in DTLA
The 350-key property is part of Greenland USA’s mixed-use Metropolis development and marks the brand’s first project in the City of Angels.
07 April 2017 16:20 -
Kidder Mathews Expands in SoCal
The company has acquired Alden Management Group and is preparing to merge with Heger Industrial.
23 February 2017 12:22 -
Macy’s Teams Up with CBRE for Store Dispositions
The time has come for the retailer’s previously announced closing of 100 stores, roughly 15 percent of its properties.
06 January 2017 17:27 -
Marcus & Millichap Launches NextGen Brokerage Tool
MNet-Offering is a web-based application designed to ease the work of sales agents.
25 November 2016 09:17 -
LAX Hotel Transitions to Hyatt Regency
The 580-key Concourse Hotel is undergoing a $75 million renovation.
07 October 2016 09:41 -
Latest STAPLES Center Renovation Completes Overhaul of Guest Suites
STAPLES Center debuts new guest suites and retail area, following a $5 million renovation.
28 September 2016 11:17 -
Crescent to Manage Crowne Plaza Hotel in LA
The 194-key Crowne Plaza is located in Commerce, 6 miles from downtown Los Angeles.
14 September 2016 11:08 -
Interstate Lands LAX Hotel Management Contract
The 405-key Holiday Inn was recently bought by a subsidiary of Esong Group for $52.5 million.
29 July 2016 08:04 -
Bixby Starts Redesign of CERRO Office Property in Orange County
IA Interior Architects is in charge of the redesign of the four-story building.
20 July 2016 08:47 -
Univision Sells its West Coast HQ to CBRE Global Investors
The Silicon Beach asset was immediately leased back to Univision.
29 April 2016 16:11 -
Pasadena Medical Office Asset is Meridian’s Largest Acquisition
Meridian completes its eighth acquisition in just 12 months.
01 February 2016 15:25 -
Industry Partners, RKF To Market Space in Converted L.A. Coca-Cola Plant
GPI Cos. and Atlas Capital plan to transform a former Coca-Cola production facility into 150,000 square feet of creative office, retail and restaurant space.
14 November 2014 15:23 -
Hyatt to Take Over as Operator for L.A. Hotel Downtown as Hospitality Giant Continues L.A. Push
L.A. Hotel Downtown is a 491-key hospitality property in the central part of Los Angeles, and the move by Hyatt to take over as operator of the facility is part of a more aggressive stance the hotel operator has been enforcing in the greater Los Angeles area. It was recently revealed that Hyatt would be the new operator of the Century Plaza Hotel in Century City, another major hotel renovation project, covered here.
11 February 2013 04:43 -
Caruso Targets a Host of Properties in Central Pacific Palisades for Renovation and Rebranding
The central properties seem to have cost Caruso a total amount in the $40-$50 million range. However, the financial terms of the transaction were not disclosed to the media and an accurate number is currently not available. Most of the properties are currently tenant-free and are 50-60 years old, making them perfect for a complete overhaul. The Times points out that even the tenants in place have clauses in their short-term contracts that stipulate that the owner has the right to modify the property and redevelop the site.
02 January 2013 16:35 -
UBS Buys North Hollywood High-Rise Apartments for $74 Million
By Alex Girda, Associate Editor In a $74 million deal, a fund controlled by UBS Inc. has acquired the 180-unit NoHo 14 apartment complex in North Hollywood. NoHo 14 fetched $15 million more than it did in its previous transaction in June 2010, when it was acquired in an REO sale by a joint venture [...]
15 March 2012 23:20