Malkin gets loan to build two oceanfront hotels in Oceanside

S.D. Malkin Properties has secured a $155 million construction loan for the development of two oceanfront hotels in Oceanside, Calif., in metro San Diego,...
Oceanwide plaza rendering

$1 billion+ Oceanwide Plaza project construction pauses for recapitalization

Construction of the Oceanwide Plaza condominium, hotel and retail complex in downtown Los Angeles has paused, The Los Angeles Times reports. The newspaper says that...

Affirmed Housing proposes low-income apartment building in San Diego

Affirmed Housing Group wants to build a low-income apartment building in downtown San Diego. The plan for a seven-story building with 78 units and seven...

Georgetown to transform Los Angeles’ historic building into creative offices

Georgetown Co. has nabbed $56.4 million in construction financing from J.P. Morgan for the redevelopment of Los Angeles’ historic Herald Examiner Building into creative...

JPI to build 185-acre mixed-use community in Santa Clarita

JPI has closed construction financing on Jefferson Vista Canyon, a $190 million, 480-home luxury apartment community in Santa Clarita. Comerica Bank and Colony Credit Real...
bar architects mass timber

Investors fund Katerra with $865 million to reshape construction industry

SoftBank Group Corp. has led an $865 million investment in Menlo Park-based Katerra Inc., a modular factory building technology company that has visions to...

Work to begin on $12 million San Diego athletic/academic structure

Access Youth Academy plans to build a $12 million athletic and academic facility in southeastern San Diego. Patch reports that the project is moving forward,...

Google plans to build new Los Angeles campus

Google is preparing to build a new campus in Los Angeles. The company has leased the current site of a shopping mall in West Los...

Construction underway on 100-room hotel at Imperial Beach

Sudberry Properties and Tharaldson Development have started construction of a 100-room Hampton Inn & Suites by Hilton at the new Breakwater Town Center on Palm Avenue,...

Koreatown: 80-unit condo secures $29 million loan

Commercial real estate services firm Avison Young closed a $29-million loan to refinance the construction and of a partially completed 80-unit condominium project in...

Projects and opportunities

$70M Harbor Island West Marina Redevelopment underway in San Diego

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California Construction News staff writer Construction is underway on a $70-million redevelopment of Harbor Island West Marina in San Diego, a project that will transform...

Los Angeles housing incentive program spurs 28,500 proposed units in first year

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California Construction News staff writer A progress report released last week shows that nearly 30,000 new homes are moving forward across Los Angeles through the...

Beam-signing ceremony celebrates progress on Sacramento’s first new middle school in 48 years

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California Construction News staff writer A major milestone was celebrated recently at Fern Bacon Middle School in Sacramento as students, educators, construction teams and community...