California Public Employees Retirement System (CalPERS) has approved a new $375m (€342.2m) allocation to its real estate emerging manager program. The managers in the program include Rubicon Point Partners, BKM Capital Partners, Sack Properties, Paragon Commercial Group and Pacshore Partners.

CBRE Capital Markets’ Debt & Structured Finance group has secured a $93 million loan for a joint venture of LaSalle Investment Management and Pacshore Partners to refinance two of three creative Class A buildings the partners acquired in 2017.

A JV of Los Angeles-based Pacshore Partners and Canyon Partners Real Estate has acquired Harbor Corporate Park in Santa Ana for an undisclosed sum. The seller was not disclosed .The four-building, 150K SF Harbor Corporate Park office campus, at 3601-3631 South Harbor Blvd., is in the growing SOCO market in the Santa Ana and Costa Mesa area...

A joint venture between LaSalle Investment Management and Pacshore Partners has purchased The West LA Creative Portfolio, a three-building, Class A creative office portfolio located in Playa Vista and Malibu...
 

Pacshore Partners and GreenOak Real Estate just sold a three-story building in Downtown Santa Monica for $33 million, or about $830 per square foot, The Real Deal has learned.

The buyer of the Art Deco structure at 631 Wilshire Boulevard is Palisades Capital Partners, a real estate investment  firm based in West L.A...

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Santa Monica’s Telephone Building, a recently renovated office building half a mile from the beach, was sold Monday to real estate investment firm DivcoWest for $52.5 million, according to a source familiar with the deal...

 

Three Westside office buildings sold this month for prices far higher than their trades just a few years ago, proof of ongoing demand for renovated office space in L.A.’s seaside submarkets.

The buyer, LaSalle Investment Management based in Chicago, purchased the properties for $168 million, according to public records, picking up more than 205,000 square feet in Playa Vista and Malibu...

Santa Monica Conservancy will present 10 Preservation Awards for exemplary projects restoring, renovating and revitalizing historic buildings on Saturday, recognizing the advocacy and stewardship that have made preservation successes in the community possible...

CivicLAvia catalyzes vibrant public spaces, active transportation and good health through car-free streets. Through engaging with people to transform our relationships with our communities and with each other, CicLAvia strives to make the streets safe for people to walk, skate, play and ride a bike. MacArthur Park, and the public art exhibition specifically, will be a must see sight on the CicLAvia path through central Los Angeles. This will be the last chance for the public to get a view of this huge, floating civic exhibition, and trust us, it’s a sight to see!...

California Public Employees Retirement System (CalPERS) is planning to give its emerging real estate fund managers more capital and greater discretion. Five managers could be given discretionary separate accounts and allocated up to $500 million each...

In an all cash deal, Los Angeles-based real estate investor Philip Orosco and his firm Pacshore Partners have bought a 38,000 square-foot mixed-use building at 631 Wilshire in Santa Monica for $20 million from the Lionstone Group...

LOS ANGELES—The joint venture between Canyon Catalyst Fund and Pacshore Partners has purchased two value-add creative office buildings in Los Angeles, one in Playa Vista and the other in Malibu. The two properties total 72,017 square feet, and were purchased for $36 million. Both buildings were vacant at the time of purchase...

Pacshore Partners, an L.A. real estate investment firm run by Philip Orosco, and Canyon Catalyst Fund, a joint venture between L.A.’s Canyon Capital Realty Advisors and California Public Employees’ Retirement System, have partnered to acquire creative office buildings in Malibu and Playa Vista in two separate transactions totaling $36 million...

WILSHIRE BLVD, On Wilshire Boulevard, seven blocks from the beach, a giant boy is straining through his binoculars to see the ocean‚ an increasingly hard feat in Santa Monica...

WILSHIRE BLVD, The city’s most enigmatic developer is bringing in a slew of new eateries early next year. Mendocino Farms, Sidecar Doughnuts, and Juice Served Here will open in the newly renovated Art Deco building on Wilshire Boulevard at Seventh Street.

Pacshore Partners takes pride in adaptive reuse, developing buildings from the inside, local than corporate businesses, and keeping a low profile, said the company’s front man Philip Orosco...

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DOWNTOWN, Philip Orosco cut his teeth creating new buildings in Santa Monica during the early 1990s and now he’s back to repurpose old ones...

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LOS ANGELES–The Canyon Catalyst Fund has entered into a joint venture with Los Angeles-based Pacshore Partners, representing one of several new partnerships for the groundbreaking fund designed to cultivate the next generation of real estate investment fund managers. Pacshore Partners’ investments will result in $60-$100 million of office property acquisitions across Southern California...

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LOS ANGELES-Canyon Catalyst Fund has announced two new joint ventures, its third and fourth in a series of partnerships designed to cultivate the next generation of real estate investment fund managers. The latest deals will result in roughly $120 million to $200 million of investments in urban multifamily and office property acquisitions...

The Lionstone Group has sold its 38,000 square-foot mixed-use building at 631 Wilshire Boulevard in Santa Monica for $20 million.

Los Angeles-based real estate investor Philip Orosco and his firm Pacshore Partners acquired the building in an all cash deal...

LA’s Pacshore Partners LLC bought 214,000 square feet of land at 3211 Olympic Blvd., at the Santa Monica Media Park, for $18.6 million. The Seller was Phoenix-based Four Fold LP, which has owned it since 2009...