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Month: April 2022

Developer plans 42-unit apartment complex in Westlake

The development site at 2306 Beverly Boulevard and 106 South Alvarado Street (Google Maps) A developer wants to demolish an auto repair shop and build an eight-story, 42-unit apartment complex in Westlake. Leo Lee, based in Los ...

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  • 22 Apr
  • The Real Deal
  • Uncategorized
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Caruso buys out leases in upscale shift at Palisades Village

Rick Caruso in front of Palisades Village (Getty Images, Caruso, iStock/Photo Illustration by Steven Dilakian for The Real Deal) Caruso is reworking its tenant profile at Palisades Village, in an effort to attract higher end brands. ...

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  • 22 Apr
  • The Real Deal
  • Uncategorized
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Mid-century manse hits market in Trousdale Estates

Phillip Sarofim with 410 Dabney Lane in Trousdale (Trousdale Ventures, Williams & Williams) Buyer beware: the mid-century modern house in Trousdale Estates is being marketed with a seafoam-green Mercedes-Benz 300SL Gullwing in the ...

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  • 21 Apr
  • The Real Deal
  • Uncategorized
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Developer aims for apartments with cultural space in Santa Monica

A rendering of 1807 Broadway in Santa Monica (Rios) A developer plans to build a three-unit apartment complex in Santa Monica around a 3,350-square-foot art gallery and recording studio. Green Bus, based in Santa Monica, has filed ...

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  • 21 Apr
  • The Real Deal
  • Uncategorized
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Realtors’ rep sues six cities for failing to adopt state housing plans

California Association of Realtors President Otto Catrina (GAOR, iStock) A nonprofit group tied to the California Association of Realtors has sued six Southland cities for failing to meet state housing plan deadlines. Californians for ...

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  • 21 Apr
  • The Real Deal
  • Uncategorized
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Developer plans five-story apartment building in Reseda

6909-6923 North Reseda Boulevard (Google Maps) Jonathan Azal has filed plans for a five-story apartment building in Reseda, his latest infill project in an area he views as overlooked and ripe for redevelopment. Azal said by email that ...

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  • 21 Apr
  • The Real Deal
  • Uncategorized
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Rexford Industrial reports 76% jump in profit

Rexford Industrial Realty’s Michael Frankel and Howard Schwimmer (Rexford, iStock) Rexford Industrial Realty is seeing the benefits of soaring industrial prices and rising rents in Southern California. The Los Angeles-based investor ...

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  • 21 Apr
  • The Real Deal
  • Uncategorized
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Hidden Hill manse with connection to tax assessor’s corruption charges fetches $15.8M

Ramin Salari and 24100 Hidden Ridge Road in Hidden Hills (Getty, Zillow) Ramin Salari could be in for a stretch behind a different kind of bars now that he’s cashed out of a luxury home in a gated community in the Hidden Hills enclave ...

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  • 21 Apr
  • The Real Deal
  • Uncategorized
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Miller Barondess HQ to Irvine Company’s tower in Century City

Miller Barondess’ Skip Miller with 2121 Avenue of the Stars (Miller Barondess, Centurycity) The Irvine Company has signed a major Los Angeles law firm to its Fox Plaza tower in Century City. Miller Barondess signed the long-term lease ...

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  • 20 Apr
  • The Real Deal
  • Uncategorized
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Long Beach must build 27K housing units by 2030

Long Beach (LBPT) Eight years ago, the state called on Long Beach to build 7,000 homes, a target it missed by 40 percent. Now the city must construct nearly four times that amount by 2030. The City of Long Beach just released a ...

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  • 20 Apr
  • The Real Deal
  • Uncategorized
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