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Month: May 2022

Kim Kardashian pays extra for Hidden Hills home abutting her’s, Kanye’s properties

Kanye West, Kim Kardashian and the Hidden Hills property they once owned together. (Getty, Google Maps) Kim Kardashian has paid a premium to pick up a piece of property bordering her Hidden Hills, California homestead. The Dirt is ...

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  • 22 May
  • The Real Deal
  • Uncategorized
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Whittier opens village of tiny homes for homeless residents

Whittier Mayor Kimberly Cobos-Cawthorne with layout of Montebello-Commerce Metrolink Statio tiny home village (Facebook, City of Montebello) The City of Montebello is the latest to add a village of hobbit-size homes for homeless ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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Bridge Industrial picks up 8 acres in Vernon

Bridge Industrial founder and CEO Steve Poulos and 4885 East 52nd Place in Vernon (Google Maps, Bridge Industrial) Bridge Industrial has bought eight acres of industrial real estate in Vernon, adding to its sizable portfolio in ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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Senior community nixes industrial development for more residential

Westmont’s Andy Plant and Westmont Village Westmont Living, iStock) A retirement community in the Inland Empire has shredded plans to build 1.1 million-square-feet of warehouses after residents raised concerns about toxic fumes, noise ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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Listing puts Corona del Mar mansion in OC’s $20M+ club

A photo illustration of 3620 Ocean Boulevard in Newport Beach’s Corona Del Mar enclave (Toby Ponnay, iStock) A house in the Corona del Mar enclave of Newport Beach is the latest in a growing number of mansions listed for $20 million or ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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Drama at 777 Sarbonne as court considers OK of sale

Alex Khadavi with 777 Sarbonne (Alex Khadavi Medical Office, Loopnet) The fate of the megamansion at 777 Sarbonne in Bel Air is due to be considered by a bankruptcy court on May 25, as Judge Sheri Bluebond considers a motion to approve ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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FivePoint slashes workforce 29%, posts $37M loss

FivePoint Holdings’ Dan Hedigan (Fivepoints, Ranch on the River) FivePoint Holdings announced a wave of layoffs earlier this year. Now the developer of big projects in Orange County, Los Angeles and the Bay Area has cut one in three ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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Cedars-Sinai pays $70M for Torrance medical offices

Cedars-Sinai’s Thomas Priselac and 3400 Lomita Boulevard (Cedars-Sinai, LoopNet) Cedars-Sinai’s most recent purchase in South Bay was larger than initially reported. The healthcare non-profit bought a pair of medical office buildings ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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OC developer eyes Uptown Whittier for 52-unit apartment complex

Rendering of project at 12826 Philadelphia Street (City of Whittier, iStock) An Orange County developer has filed plans to build a four-story, 52-unit apartment complex in Downtown Whittier. MW Investment Group, based in Laguna Beach, ...

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  • 19 May
  • The Real Deal
  • Uncategorized
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Indoor mall in Moreno Valley up for mixed-use makeover

IGP Business Group’s Matt Ilbak and Moreno Valley Mall (IPG Business Group, Moreno Valley Mall) The Moreno Valley Mall might be in for a major mixed-use makeover. The owner of the Inland Empire shopping mall has proposed redeveloping ...

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  • 19 May
  • The Real Deal
  • Uncategorized
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