Rising Realty Partners Promotes Dan Klein to Vice President
Rising Realty Partners Announces Leadership Transition
Los Angeles-based Rising Realty Partners (Rising), a family-owned, vertically-integrated real estate investment and operating platform has announced that effective January 1, 2019, cofounder Christopher Rising has become Chief Executive Officer (CEO), having previously served as President. Nelson Rising will continue as company Chairman and as a member of the investment committee.
Rising Realty Partners Recapitalizes The CalEdison DTLA with GreenOak Real Estate
Rising Realty Partners (Rising) and GreenOak Real Estate (GreenOak) announced today a recapitalization of The CalEdison DTLA (The CalEdison), a historic Art Deco office building in Downtown Los Angeles. GreenOak acquired its interest in the building from the previous joint venture partnership managed by Lionstone Investments (Lionstone). Rising will continue to act as operating and managing partner for The CalEdison.
LA's Top Landlords Talk Value Creation and Opportunity Zones
By Alison Stateman | Commercial Observer
Landlords that want to prosper need to have their finger on the pulse of demographic changes, according to some of the industry’s top landlords who spoke on a panel devoted to the owner’s perspective at Commercial Observer’s Inaugural Financing Commercial Real Estate Forum in Los Angeles.
Chris Rising on Tech Impact on Tenants and Why the Western Market Rules
By Alison Stateman | Commercial Observer
Chris Rising, 49, has witnessed the evolution of the office market firsthand. As a former lawyer and assistant to brokerage legend John C. Cushman, before co-founding Rising Realty Partners with his father Nelson Rising, a noted developer of the U.S. Bank Tower in downtown Los Angeles, among other properties, he has watched as technology radically impacted office space and design. Since 2011, Rising Realty has played a major role in shaping development in downtown Los Angeles.
Rising Named Influential Family-Owned Business in Los Angeles
Urbanize Goes Inside The Trust Building
By Steven Sharp | Urbanize LA
Last month, Rising Realty Partners granted us a tour of The Trust Building, a historic building now in the midst of a full restoration in Downtown Los Angeles.
Completed in 1928 at 433 S. Spring Street, the 11-story structure will offer 338,000 square feet of rentable space atop ground-floor retail upon completion later this year. Originally known as the Title Insurance and Trust Building, it is being redesigned by a team that includes Gensler and Architectural Resources Group to make the vintage property appeal to modern tenants.
The Closing: Chris Rising
By Alexei Barrionuevo | The Real Deal
Chris Rising is co-founder and president of Rising Realty Partners, a real estate operator and investor based in Downtown Los Angeles. Since relaunching in late 2011, the firm has played a big role in shaping DTLA’s development. Rising Realty Partners is best known for buying the historic PacMutual building for $60 million, spending $25 million to renovate it and ultimately selling it for $200 million — a record Downtown sale at the time. Last year, the firm paired with Colony NorthStar in the purchase of One California Plaza for $460 million. Rising is currently working on a renovation of the 320,000-square-foot former Title Insurance Building at 433 South Spring Street.
Citigroup to Exit Citigroup Center; Taking New Lease at One Cal Plaza
Los Angeles Business Journal | By Ciaran McEvoy
Citigroup Inc. is moving out of the Citigroup Center at 444 S. Flower St. in downtown Los Angeles to 29,000 square feet at nearby One California Plaza at 300 S. Grand Ave., according to sources.
Rising's The CalEdison Wins Downtowners of Distinction Award
Buy, Build, Sell, or Hold: Investment & Development Insights
By Dennis Kaiser | Connect Media
Connect Real Estate Los Angeles featured a jam-packed afternoon of conversations, networking and presentations. More than 500 gathered at the Hotel Indigo in DTLA and heard from commercial real estate leaders and economists about the trends driving decisions in Los Angeles.