Talonvest los angeles

Talonvest negotiates $29.6 million construction loan for LA self storage structure

Talonvest Capital, Inc. says it has successfully negotiated a $29.6 million construction loan to develop an approximately 188,600 rentable sq. ft. self storage facility...

LINC begins construction of 100 new apartments in Los Angeles

LINC Housing has started construction on Springhaven, a 100-unit affordable housing community for homelessness and low-income families in Los Angeles. The project, being built at...

Willis Development to build senior care facility in Glendale

Willis Development has secured $59.4 million to build a new assisted living and memory care facility in Glendale. The debt and equity financing was assembled...

Construction begins on 13-story hotel in Los Angeles

Choice Hotels International announced the beginning of construction of the Cambria Hotel Los Angeles in downtown Los Angeles. Slated to open in 2020, the 13-story,...

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,...

CommonGrounds raises $100 million to support expansion plan

CommonGrounds Workspace has secured $100 million in Series A funding to support the company’s expansion plan. The capital raise was orchestrated by Pacifica Enterprises, a...

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...

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,...

Projects and opportunities

Long Beach Airport breaks ground on $37M concourse upgrade, creating 190 construction jobs

California Construction News staff writer Construction has started on a $37-million passenger concourse modernization project at Long Beach Airport, aimed at improving infrastructure ahead of...

Nibbi receives Notice to Proceed on St. Paul Terrace affordable housing project in Berkeley

California Construction News staff writer Nibbi has received Notice to Proceed on a new affordable housing community for St. Paul AME Berkeley, with Lowney Architecture...

Santa Rosa breaks ground on Hopper Avenue fire recovery corridor project

California Construction News staff writer The City of Santa Rosa broke ground April 14 on the Hopper Avenue Corridor Fire Recovery Improvements Project, beginning a...