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New Supportive Housing Community Opens in Los Angeles

New Supportive Housing Community Opens in Los Angeles

by Phil Hall | Jan 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Linc Housing, a nonprofit developer of affordable and supportive housing, partnered with officials from Los Angeles County, the City of Los Angeles and new residents to celebrate the recent completion of SagePointe, a 56-home supportive housing community in the...
Los Angeles’ Aon Center Sold for $153.5 Million

Los Angeles’ Aon Center Sold for $153.5 Million

by Phil Hall | Dec 29, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Newmark Group Inc. (NASDAQ: NMRK) announced that it arranged the $153.5 million sale of Aon Center, a 62-story trophy Class A office tower located in the Los Angeles’ Financial District. The property was acquired by Carolwood Equities while the seller was undisclosed....
Los Angeles Affordable Housing Community to Be Built on Former Industrial Site

Los Angeles Affordable Housing Community to Be Built on Former Industrial Site

by Phil Hall | Dec 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Thrive Living has partnered with JPMorgan Chase (NYSE:JPM) on a new 376-unit affordable and workforce housing community on the site of a former industrial storage facility north of Downtown Los Angeles. A new six-story mixed-use apartment complex is now under...
Monique Davis Appointed CEO of WORKS, a Nonprofit Affordable Housing Group

Monique Davis Appointed CEO of WORKS, a Nonprofit Affordable Housing Group

by Phil Hall | Dec 11, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Women Organizing Resources Knowledge and Services (WORKS), a nonprofit specializing in affordable housing development in Los Angeles County, has named Monique Davis as its new CEO. Davis succeeds Channa Grace, who led WORKS for nearly 25 years. Davis comes to WORKS...
Sunny Narang Group Joins The Real Brokerage

Sunny Narang Group Joins The Real Brokerage

by Phil Hall | Nov 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ:REAX) announced that the Sunny Narang Group has joined the company. Led by Sunny Narang and Chris Fordinal, the 64-agent team serves Los Angeles County’s San Fernando Valley and is on track to close 300 transactions this year with a...
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