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Month: May 2022

State demands closed Long Beach hospital be offered to affordable housing builders

Molina Wu Network’s John Molina and Community Hospital Long Beach at 1720 Termino Avenue (Facebook, City of Longbeach) The state wants the shuttered Community Hospital Long Beach offered to affordable housing developers, killing a deal ...

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  • 03 May
  • The Real Deal
  • Uncategorized
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Investor Alan Salzman sells Beverly Hills mansion for $33.5M

Alan Salzman with the property (Vantage Point Capital Partners, Hilton & Hyland, iStock) Alan Salzman, a prominent clean technology investor and early Tesla supporter, is close to selling his Beverly Hills house at 1024 Ridgedale ...

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  • 02 May
  • The Real Deal
  • Uncategorized
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Newly opened Shops at Sportsmen’s Lodge fully leased

12833 Ventura Blvd (Midwood Investment, iStock) The 95,000-square-foot Shops at Sportsmen’s Lodge in Studio City has now filled its storefronts on the former site of a watering hole for Hollywood stars, including Clark Gable, John ...

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  • 02 May
  • The Real Deal
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The Agency hires Bay Area exec for national focus

Mike Schwartz (The Agency) The Agency has hired a veteran sales executive to ride herd on an expansion that ranged from New York to South Florida and Silicon Valley, with a mid-market joint venture part of the mix. Mike Schwartz has ...

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  • 02 May
  • The Real Deal
  • Uncategorized
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State program to help first-time home buyers with forgivable loans

(iStock) California is now offering forgivable loans to middle-class home buyers who struggle to make down payments amid spiraling house prices. The new Forgivable Equity Builder Loan program allows qualified, first-time buyers to ...

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  • 02 May
  • The Real Deal
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LA County to convert East Hollywood apartments for homeless youth with Project Homekey

A photo illustration of 1164 North Kenmore Avenue in East Hollywood (LoopNet, iStock) A newly built co-living apartment complex in East Hollywood will be converted to interim housing for homeless youth under the state’s Project Homekey ...

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  • 02 May
  • The Real Deal
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Milan Panic listing sheds light on Shady Canyon luxe

Milan Panic with 60 Golden Eagle (Wikipedia) Milan Panic, a seminal figure in Orange County’s pharmaceutical sector who served a stint as prime minister of the former Yugoslavia and remains a force in local philanthropy has listed his ...

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  • 02 May
  • The Real Deal
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