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Month: October 2018

Expansion plans revealed for new Universal City Hilton

Rendering of tower at Hilton Los Angeles A wizard has cast its spell on Hilton Universal, and now a new tower will appear. The owners of the Hilton hotel complex next to Universal Studios theme park said they will expand the project ...

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  • 30 Oct
  • The Real Deal
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Hubilu expands student housing portfolio with new acquisition

Hubilu Venture Corp and the house Hubilu Venture Corp., a publicly traded real estate firm, has acquired Lantana Investments and its single student housing asset near the University of Southern California campus. The deal, announced ...

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  • 30 Oct
  • The Real Deal
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Lennar to sell Rialto to Stone Point Capital for $340M

Stuart Miller (Credit: iStock) Lennar Corp. will sell its Rialto Investment and Asset Management to the private equity firm Stone Point Capital for $340 million. Miami-based Lennar announced the news on Monday in a release and said the ...

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  • 30 Oct
  • The Real Deal
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West Hollywood Digest

Sunset Boulevard in West Hollywood. With a long history as a refuge of tolerance, West Hollywood has battled back in recent months against what it views as profiteering landlords trying to use rent-controlled apartments for short-term ...

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  • 30 Oct
  • The Real Deal
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CIM Group builds out media production space at Hollywood office project

Rendering of CIM’s eight-story project at 926 Sycamore Avenue Months after announcing a new mixed-use office project in Hollywood, CIM Group has filed plans with the city to build out an additional 16,064 square feet of parking into ...

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  • 29 Oct
  • The Real Deal
  • Uncategorized
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Here are the under 50-unit resi projects proposed in LA last week

Google streetview of 6320 S. Crenshaw Boulevard Three new mid-size apartment houses entered the construction pipeline last week, according to filings with the Los Angeles Department of City Planning. The buildings would add 55 new ...

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  • 29 Oct
  • The Real Deal
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Stockbridge lands Huntington Beach retail center for $66M

Edinger Plaza with Stockbridge executive managing editor Terry Fancher (Credit: CBRE) Orange County’s commercial market continued its hot streak this month with a new record for highest-priced retail sale. Stockbridge Capital Group ...

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  • 29 Oct
  • The Real Deal
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StreetEasy’s Susan Daimler tapped for national Premier Agent role

From left: Susan Daimler, Matt Daimler, and Zillow Group CEO Spencer Rascoff (Credit: Twitter) StreetEasy general manager Susan Daimler has been tapped for a national role running Zillow Group’s Premier Agent program — the lucrative ...

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  • 29 Oct
  • The Real Deal
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Blueground wants to make it easier for people to rent apartments

CEO and co-founder Alex Chatzieleftheriou UPDATED, Oct. 29, 4:30 p.m.: Blueground, a “hospitality tech company” that offers fully-furnished units mostly to business travelers, is setting foot in Los Angeles. Originally founded in ...

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  • 29 Oct
  • The Real Deal
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Invesco picks up Costa Mesa’s Hive campus for $84M

Invesco Real Estate Co. CEO Scott Dennis and the Hive campus Invesco Real Estate has paid $84 million for the three-building Hive creative office campus in Costa Mesa. The 181,800-square-foot complex sits on 14.2 acres at 3333-3337 ...

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  • 29 Oct
  • The Real Deal
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