Langdon Park Capital Acquires Azusa Workforce Housing
Langdon Park Capital, a real estate investment firm focused on affordable housing in historically underserved communities, and Standard Real Estate...
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What’s Happening With NKTR Stock?
Low-angle view of a logo on a facade at the headquarters of Nektar Therapeutics, a biopharmaceutical ... More company located on 3rd Street, in the Mission Bay District of San Francisco, California, October 29, 2018. (Photo by Smith Collection/Gado/Getty Images)Getty Images Nektar Therapeutics (NASDAQ: NKTR) stock is up around 150% in today’s trading session following the recently announced positive results from its Phase 2b REZOLVE-AD study of rezpegaldesleukin for treating moderate-to-severe atopic dermatitis (eczema), marking a pivotal moment for the cash-strapped biotech company. The study met both primary and secondary...
CBRE Sells West Hollywood Retail Property for $13 Million
CBRE has announced the sale of The Shops at Hancock Lofts, a 10,513-square-foot retail condo property located at 8759, 8761, and 8763 Santa Monica Boulevard in West Hollywood, California. The asset sold for $13 million to Goodyear Investments, LLC – a private investor that completed the sale to satisfy a 1031-exchange. Goodyear Investments, LLC was represented by Pegasus Investments on both the acquisition and debt origination.CBRE’s Patrick Wade and Alex Kozakov represented the seller and institutional owner in the transaction.The Shops at Hancock Lofts is fully leased to a strong...