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Month: April 2022

Michael Eisner seeks highest price in California history on Malibu estate

Michael Eisner, former CEO, Disney, in front of his cliffside Malibu estate (Ramsa Houses, Ed Schipul, CC BY-SA 2.0 – via Wikimedia Commons, iStock) Former Disney CEO Michael Eisner is listing his cliffside Malibu estate for $225 ...

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  • 28 Apr
  • The Real Deal
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Developer cops to bribe of LA County real estate official

Arman Gabaee with 12000 Hawthorne Blvd (Daily Breeze) A Beverly Hills developer has agreed to plead guilty to bribing a Los Angeles County official in exchange for help in securing a government lease worth $45 million in the Hawthorne ...

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  • 28 Apr
  • The Real Deal
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What to do with 21 prime acres of Palos Verdes peninsula?

Marymount President Brian Marcotte with Marymount University (Marymount University California, Google Maps, iStock) The pending closure of a university in Rancho Palos Verdes — and potential availability of its very scenic, bluffside ...

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  • 28 Apr
  • The Real Deal
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Industrial burg of Vernon to make way for housing

Vernon Mayor Leticia Lopez (iStock, City of Vernon) The City of Vernon, a vibrant industrial enclave in the heart of Los Angeles County, has just 222 homes – but that’s about to change, according to a new plan. The city known for its ...

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  • 27 Apr
  • The Real Deal
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Anaheim clears way for stadium sale with $123M for affordable housing

From left: Harry Sidhu, mayor of Anaheim; Art Moreno, owner, Los Angeles Angels; Rob Bonta, state attorney general (Getty Images, City of Anaheim, iStock) The City of Anaheim will spend $123 million to build affordable housing as part ...

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  • 27 Apr
  • The Real Deal
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K-Town developer proposes 7-story apartment complex

3377 West Olympic Blvd (Google Maps) A developer based in Koreatown recently submitted an application with city planners for a seven-story apartment building with 4,700-square-feet of retail space on the ground floor in the mid-city ...

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  • 27 Apr
  • The Real Deal
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Kaiser Aluminum moves HQ from OC to Tennessee

Kaiser Aluminum’s Keith Harvey with 1550 West McEwen Drive (Insider Trades, Google Maps) Kaiser Aluminum has moved its headquarters from Orange County to suburban Nashville, the Orange County Business Journal reported. The 76-year-old ...

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  • 27 Apr
  • The Real Deal
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Hollywood Hills property with hot design tie gets $8M price chop

8201 Bellgave Place (Williams & Williams Estates) A Los Angeles luxury home designed by a South African architecture firm with some newfound Hollywood chops has cut $8 million off its asking price. The property at 8201 Bellgave ...

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  • 27 Apr
  • The Real Deal
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540K sf in LA figures into Blackstone’s $2.2B industrial refi

Blackstone’s Kenneth Caplan and Kathleen McCarthy with 200 Old Ranch Road (Blackstone, Google Maps, iStock) Blackstone has scored a $2.2 billion refinancing package for a portfolio of 89 industrial properties across the U.S. previously ...

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  • 27 Apr
  • The Real Deal
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Standard Hollywood on way to historic status

Ed Scheetz and Ian Schrager with the Standard Hotel (Getty, Los Angeles, CC BY-SA 3.0, via Wikimedia Commons) The former Standard Hotel on Hollywood’s Sunset Strip is officially a landmark — a status that pays homage to its past but ...

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  • 27 Apr
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  • Recent Posts

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