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Month: May 2022

Atlas Capital moves on $650M studio project in DTLA

Rendering of the 8th and Alameda Studios project (Rios) A New York developer is moving forward with plans to redevelop the Los Angeles Times printing plant Downtown into a 26-acre soundstage and office complex for the entertainment ...

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  • 31 May
  • The Real Deal
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Industrial broker Greg Stumm jumps from Newmark to Bridge

Greg Stumm and Nick Siegel (LinkedIn) Prominent L.A.-area commercial broker Greg Stumm has jumped to Bridge Industrial. Stumm was recently a director at Newmark, where he ranked among that firm’s top industrial agents. Bridge announced ...

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  • 31 May
  • The Real Deal
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City of LA moves to buy expired affordable apartments in Chinatown

Los Angeles Councilman Gil Cedillo with property owner Tom Botz and Hillside Villa apartments, 636 N. Hill Place, Chinatown in Los Angeles (Apartments.com, Gil Cedillo, Globe Riders) Los Angeles city leaders have offered to buy a ...

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  • 31 May
  • The Real Deal
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Another turn toward density planned for West Adams

A rendering of the proposed building at 2845 West Boulevard (LA City Planning, iStock) A developer wants to build a six-story apartment building in West Adams––the latest proposal that would increase density in the fast-changing South ...

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  • 31 May
  • The Real Deal
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Gary Gold, dealmaker on Playboy Mansion, Hearst Estate, moves to Coldwell Banker Realty

Gary Gold (Gary Gold) Gary Gold, a veteran executive vice president with Hilton & Hyland known for record-breaking sales of the Playboy Mansion among other landmark properties, is moving to Coldwell Banker Realty’s office in ...

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  • 31 May
  • The Real Deal
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Developer upgrades plans for Arts District office tower to 18 stories

Legendary Group’s Dilip Bhavnani and 411 S. Hewitt Street (Gensler, LinkedIn) A local developer has revised plans for a creative office tower in the Arts District in Downtown Los Angeles. Legendary Group, based in Pasadena, has filed ...

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  • 31 May
  • The Real Deal
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The consensus builder

Steve Soboroff (Photo by Kevin Scanlon) From tackling the $2 billion Alameda Corridor project to bringing the Staples Center to life, Steve Soboroff has spent the last five decades bridging the gap between the city of Los Angeles and ...

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  • 31 May
  • The Real Deal
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Banning Ranch poised for $97M sale, 400-acre nature preserve on OC coast envisioned

Frank and Joann Randall with Banning Ranch (Mark Rightmire, Flickr) A nonprofit agency will soon buy the largest undeveloped private land on the Orange County coast for a nature preserve and public park. The state’s Wildlife ...

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  • 27 May
  • The Real Deal
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Long Beach ready to pitch for Angels

Angels’ Arte Moreno with Elephant Lot (Brandon Richardson, Getty) Anaheim just hit a foul ball on its Angel Stadium deal, and Long Beach is once again hoping to catch the big-league baseball team that plays there. After a federal ...

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  • 27 May
  • The Real Deal
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How it’s going in South LA: developer eyes 23 units in place of duplex

A rendering of the planned project at 1591 East Vernon Avenue in the South L.A. neighborhood of Central Alameda (Los Angeles City Planning/Photo Illustration by Steven Dilakian for The Real Deal) A developer plans to knock down a ...

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  • 27 May
  • The Real Deal
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