Traded: Los Angeles

SALE Learn More: https://lnkd.in/gfDer-gG IMAGE: Cal Ross DATE: 10/18/2024 ADDRESS: 3731 & 3733 Park Place MARKET: Montrose ASSET TYPE: Industrial SELLER'S REP: Cal Ross - JLL SALE PRICE: $3,550,000 SF: 6,480 ~ PPSF: $547 #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #Montrose #Industrial #CalRoss #JLL

SALE Learn More: https://lnkd.in/gsGZJNWU IMAGE: Amanda Fielder & Dan Blackwell DATE: 10/28/2024 ADDRESS: 2910 West Ball Road & 314 East Pearson Avenue MARKET: Anaheim ASSET TYPE: Multifamily ~ ACRES: 1.78 BROKERS: Amanda Fielder & Daniel Blackwell - CBRE SALE PRICE: $16,770,000 UNITS: 53 ~ PPU: $316,415 SF: 40,396 ~ PPSF: $415 NOTE: CBRE facilitated a $16.77 million 1031 exchange for a local investor, involving the sale of two Anaheim multifamily properties totaling 53 units. The transaction included the acquisition of the 33-unit Aria Apartments for $10.97 million and the sale of the investor's previous 20-unit property, Pearson Gardens, for $5.8 million, securing an upgraded asset with increased cash flow in a more desirable location. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #Anaheim #Multifamily #DanielBlackwell #CBRE #AmandaFielder

LEASE Learn More: https://lnkd.in/gVDuyb_p IMAGE: David Traughber, Barbie, Brett Racanelli, Mike Condon & Nathan Piehl DATE: 10/30/2024 ADDRESS: 831 South Douglas Street MARKET: El Segundo ASSET TYPE: Office ~ SF: 60,000 LANDLORD: Continental Development TENANT: David Traughber - Mattel, Inc. BROKERS: Brett Racanelli, Michael Condon & Nathan Piehl - Cushman & Wakefield NOTE: Mattel signed a lease for 60,000 square feet at Continental Park in El Segundo to expand its studio operations, moving from its current office by next year. This follows Mattel’s recent $59 million purchase of the nearby Grand + Nash campus, as the toymaker strengthens its local presence amid the success of the “Barbie” movie. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #ElSegundo #Office #DavidTraughber #Mattel #ContinentalDevelopment #BrettRacanelli #NathanPiehl #CushmanandWakefield #MichaelCondon

SALE Learn More: https://lnkd.in/gNWGfcDE IMAGE: Michael Ungari, Clay Duvall & David Binswanger DATE: 10/28/2024 ADDRESS: 12121 & 12181 West Bluff Creek Drive MARKET: Playa Vista ASSET TYPE: Office BUYER: Mike Ungari - Strategic Value Partners; Clay Duvall & David Binswanger - Lincoln Property Company SELLER: Morgan Stanley SALE PRICE: $187,500,000 SF: 500,000 ~ PPSF: $375 NOTE: Strategic Value Partners and Lincoln Property Company acquired The Bluffs, a 500,000-square-foot office campus in Playa Vista, for $187.5 million—significantly less than its previous sale price of $413 million about eight years ago. The purchase followed a default by former owner Edward J. Minskoff Equities on a $250 million loan from Morgan Stanley. This acquisition highlights challenges in L.A.'s "Silicon Beach" as tech companies scale back office space. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #PlayaVista #undefined #MorganStanley #EdwardJMinskoff #EdwardJMinskoffEquities

SALE Learn More: https://lnkd.in/gZ6upEyV IMAGE: David Parnes, James Harris, Jeremy Renner, Rayni Romito Williams & Branden Williams DATE: 10/25/2024 ADDRESS: 2630 Harlesden Court MARKET: Los Angeles ASSET TYPE: Single Family ~ ACRES: 1.32 SELLER: Jeremy Renner BUYER'S REP: David Parnes & James Harris - Carolwood Estates SELLER'S REP: Branden Williams & Rayni Williams - Williams & Williams Estates Group - The Beverly Hills Estates SALE PRICE: $12,400,000 SF: 9,000 ~ PPSF: $1,378 NOTE: Jeremy Renner sold his Laurel Canyon home for $12.4 million, after purchasing it for $4 million in 2012 and investing $5.5 million in renovations. The sale marks a symbolic move forward for Renner, who spent months recovering there from his severe 2023 snowplow accident. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #SingleFamily #BrandenWilliams #TheBeverlyHillsEstates #DavidParnes #JamesHarris #CarolwoodEstates #RayniWilliams #WilliamsandWilliamsEstatesGroup #JeremyRenner

LOAN Learn More: https://lnkd.in/g2hxtK6T IMAGE: James Brandon & Gregory K. Kavoklis DATE: 10/25/2024 ADDRESS: 16868 Stoddard Wells Road MARKET: Victorville ASSET TYPE: Hotel ~ KEYS: 50 ~ SF: 38,000 BROKERS: James Brandon & Gregory K. Kavoklis - Matthews Real Estate Investment Services™ LOAN AMOUNT: $4,700,000 LOAN TYPE: Refinance NOTE FROM BROKERS: Secured permanent, non-SBA, financing for a dual branded hospitality asset in Southern California. Sized to 60% of value. Conventional bank execution with no deposit relationship required. Gregory K. Kavoklis gregory.kavoklis@matthews.com D: 818.206.5835 Jim Brandon jim.brandon@matthews.com D: 310.955.5836 #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #Victorville #Hotel #JamesBrandon #GregoryKKavoklis #MatthewsRealEstateInvestmentServices

SALE Learn More: https://lnkd.in/gAEZ3ViF IMAGE: Kyle Sherburne, MCR, Rick Sherburne, Evan Moran, Makenna Peter, Mark Detmer & Patrick Nally DATE: 10/28/2024 ADDRESS: 918 South Stimson Avenue MARKET: City of Industry ASSET TYPE: Industrial ~ ACRES: 13.06 BUYER: Ardmore Home Design, Inc. SELLER: LBA Realty BUYER'S REP: Kyle Sherburne & Rick Sherburne - HRS Commercial SELLER'S REP: Evan Moran, Makenna Peter, Mark Detmer & Patrick Nally - JLL SALE PRICE: $59,900,000 SF: 282,377 ~ PPSF: $212 NOTE: JLL arranged the $59.9 million sale of a 282,377-square-foot industrial property at 918 S. Stimson Ave. in City of Industry, CA, to its tenant, Ardmore Home Design. The facility, built in 1981 and featuring 34 dock-high doors and 28 trailer stalls, is situated on 13.06 acres near major highways, offering access to over 25 million Southern California residents. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #CityofIndustry

SALE Learn More: https://lnkd.in/gpyU2a_J IMAGE: Myles Lewis & Rufus Hankey DATE: 10/24/2024 ADDRESS: 1124 Las Pulgas Road MARKET: Pacific Palisades ASSET TYPE: Single Family SELLER: Don Rufus Hankey SELLER'S REP: Myles Lewis - Compass SALE PRICE: $5,145,000 SF: 3,753 ~ PPSF: $1,370 #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #PacificPalisades #SingleFamily #MylesLewis #Compass #DonRufusHankey

SALE Learn More: https://lnkd.in/gRPwueGP IMAGE: Jonathan Rawson, John Mociak & Tyler Bradford DATE: 10/23/2024 ADDRESS: 12606 Doty Avenue MARKET: Hawthorne ASSET TYPE: Multifamily BUYER: Tharwat Sorour SELLER: Maria Sauer BUYER'S REP: Jon Rawson - Avenue Realty Group SELLER'S REP: John Mociak - Avenue Realty Group LOAN BROKER: Tyler Bradford - Convoy Home Loans, Inc. SALE PRICE: $1,285,000 UNITS: 5 ~ PPU: $257,000 SF: 3,843 ~ PPSF: $334 #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #Hawthorne #Multifamily #JonRawson #JohnMociak #AvenueRealtyGroup #TylerBradford #ConvoyHomeLoans #MariaSauer #TharwatSorour

Are banks positioned to fund all of the needs of borrowers today? What will be the role of private credit? Josh Zegen, Madison Realty Capital MaryAnne Gilmartin, MAG Partners LP