Month: May 2018

LA’s Champion Nabs $28M to Finance USC-Area Housing Development

LA’s Champion Nabs $28M to Finance USC-Area Housing Development

Calmwater Capital, a Los Angeles-based private lender, has provided $28.5 million in senior debt to local developer Champion Realty for the acquisition of a property at 801 West Adams Boulevard near the city’s Downtown, according to an announcement from Calmwater. The loan comprises an initial $15.7 million senior term […]

Los Angeles Tests the Power of ‘Play Streets’

Los Angeles Tests the Power of ‘Play Streets’

Fickett Street in Boyle Heights, a neighborhood in Los Angeles transformed into a one-day “play street” as part of a design initiative to reclaim streets for civic life. It was a collaboration with residents, activists, the nonprofit Kounkuey Design Initiative and the Los Angeles Department […]

SpaceX building BFR at Port of Los Angeles

SpaceX building BFR at Port of Los Angeles

  The main goal of the BFR is to support the colonization of the Red Planet. Image Credit: SpaceX The location where SpaceX intends to build its newest and biggest rocket, code-named Big Falcon Rocket or BFR, has been revealed. On April 19, 2018, the […]

CIM Group’s 47-unit project clears appeal in Santa Monica

CIM Group’s 47-unit project clears appeal in Santa Monica

The CIM Group can thank the state’s so-called “anti-NIMBY law” for clearing the way for its 47-unit apartment complex in Santa Monica. The Mid Wilshire-based developer used the Housing Accountability Act last Tuesday to defeat an appeal from residents, who complained the project at 2903 […]

Expo Line-Adjacent Offices Get Above Ground

Expo Line-Adjacent Offices Get Above Ground

Rendering of Expo Station. Image via HLW International. The Luzzatto Company is now above ground at Expo Station, a new office complex in West Los Angeles. Located at 12414 Exposition Boulevard, the project is named for Metro’s nearby Expo/Bundy Station.  The five-story edifice will feature […]


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