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Month: May 2022

Cedars-Sinai buys medical office building in South Bay

3440 Lomita Boulevard (Loopnet) Cedars-Sinai Medical Center bought a medical office building next an affiliated hospital in Torrance, The Real Deal has learned. The property, at 3440 Lomita Boulevard, changed hands in a $37.8 million ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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South OC city puts kibosh on mixed-use housing plans

A photo illustration of the recently nixed mixed-use complex at 27001 La Paz Road in Mission Viejo (ValueRock Realty, iStock/Photo Illustration by Steven Dilakian for The Real Deal) The South Orange County suburb of Mission Viejo has ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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St. John Knits scion seeks high-water mark on Newport Harbor manse

Michael Gray and 309 Via Lido Soud (Hoag Hospital, Coldwell Banker via Toby Ponnay) A prominent fashion executive-turned-baked goods entrepreneur is looking to make a mark in Orange County’s luxury residential market with a $47.5 ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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Here’s how much tenants are paying at One Wilshire in DTLA

GI Partners’ Rick Magnuson and One Wilshire (GI Partners, One Wilshire) In December, a Downtown L.A. tower branded One Wilshire scored a lot of new cash. GI Partners and the California Public Employees’ Retirement System, the owners of ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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Engelbert Humperdinck seeks $6.2M for Bel Air mansion — but it needs work

Engelbert Humperdinck in Jayne Mansfield’s famous “Pink Palace” in Holmby Hills back in the day. (Getty) After the lovin’, you can buy British crooner Engelbert Humperdinck Bel Air home for $6.2 million. The Los Angeles Times is ...

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  • 15 May
  • The Real Deal
  • Uncategorized
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Wildfire claims home “one signature away” from multi-million dollar sale

This home was about to be sold — than a wildfire burned it down. (Getty) A home that a real estate agent in Laguna Niguel says was “one signature away” from a multi-million dollar sale was destroyed by the wildlife that ripped through ...

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  • 14 May
  • The Real Deal
  • Uncategorized
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Aerospace outfit leases 115K sf warehouse in Commerce

Link Logistics’ Luke Petherbridge with 5200 Sheila Street (Link Logistics, iStock) A global aerospace distribution company has leased a new 115,000-square-foot warehouse in Commerce. FDH Aero, based in El Segundo, will take up the ...

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  • 13 May
  • The Real Deal
  • Uncategorized
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Ron Burkle lists Bob Hope’s former estate in Toluca Lake

From left: Bob Hope, Dolores Hope and Ron Burkle in front of 10346 Moorpark Street in Toluca Lake (Getty Images, Zillow, iStock) Billionaire investor Ron Burkle has listed the restored Toluca Lake estate of comedian Bob Hope for $29 ...

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  • 13 May
  • The Real Deal
  • Uncategorized
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LA drew $19B in multifamily investments over past year

(iStock) Multifamily investors love Los Angeles. Investors have spent a total of $18.6 billion on multifamily properties in Los Angeles since the first quarter of 2021, according to a report from CBRE. That’s about 5 percent of total ...

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  • 13 May
  • The Real Deal
  • Uncategorized
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Investor scores $210M for Bell Gardens casino deal

Bicycle Hotel and Casino (google Maps, iStock) A gaming and hospitality investor just scored big bucks to buy a casino and hotel in Bell Gardens, with enough left over to suggest bigger ambitions. Petaluma-based Parkwest Casinos scored ...

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  • 13 May
  • The Real Deal
  • Uncategorized
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