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Month: June 2022

Jamison’s latest Ktown project gets planning OK

Jamison’s Jaime Lee and a rendering of 626 South Kingsley Drive (LA City Planning, Connect Conferences) The City of Los Angeles planning department has approved a major mixed-use project from the prolific Koreatown developer Jamison ...

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  • 06 Jun
  • The Real Deal
  • Uncategorized
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Laguna Beach spec mansion seeks $49M

66 Emerald Bay, Laguna Beach (Redfin) A newly completed spec home on the beach in Laguna Beach has hit the market for $49 million, now the priciest listing in the Orange County city. David Wojtaszek, founder of Divita Builders, has ...

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  • 03 Jun
  • The Real Deal
  • Uncategorized
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Rexford continues SoCal spree with deals for industrial land, buildings

Rexford’s Michael Frankel (left) and Howard Schwimmer (right) with 14200 Arminta Street (Rexford, Loopnet) Just weeks after closing one flurry of six SoCal purchases, the L.A.-based firm Rexford Industrial Realty has again extended its ...

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  • 03 Jun
  • The Real Deal
  • Uncategorized
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Demolition of fire-damaged mall in San Bernardino on hold

San Bernardino Mayor John Valdivia and the Carousel Mall at 295 Carousel Mall (Getty, Amerique, CC BY-SA 3.0, via Wikimedia Commons) A call to tear down a zombie mall in downtown San Bernardino that was damaged in a three-alarm blaze ...

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  • 03 Jun
  • The Real Deal
  • Uncategorized
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Rivani’s Black Lion hits Billionaire’s Beach

Robert Rivani and 22102 Pacific Coast Highway (LinkedIn, Redfin, iStock) June just started but it’s already been a busy month for Black Lion Investment Group and CEO Robert Rivani. The company made a splash when it sold a ...

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  • 03 Jun
  • The Real Deal
  • Uncategorized
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Developers team up for 75-unit affordable housing complex in Pomona

From left: National CORE’s Steve PonTell and Arteco Partners’ Jerry Tessier in front of a rendering of a planned project at 501 East Mission Boulevard in Pomona (The City of Pomona, National CORE, Arteco Partners, iStock) Two Inland ...

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  • 03 Jun
  • The Real Deal
  • Uncategorized
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Chicago investor joins rush to Inland Empire multifamily with 736-unit buy

3303 South Archibald Avenue,  Waterton’s David Schwartz and Bridge’s Robert Morse (Waterton, Bridge, Apartments) Amid a pandemic-driven rush to the Inland Empire, one of the region’s largest apartment complexes has traded hands. Bridge ...

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  • 03 Jun
  • The Real Deal
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Beverly Hills location of Il Fornaio sells for nearly $31M

Laha Beverly’s Alexander Lahijani with 303 North Beverly Drive (LinkedIn, LoopNet) The Beverly Hills location of the Il Fornaio restaurant chain has sold for $30.8 million, The Real Deal has learned. The 9,700-square-foot property at ...

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  • 03 Jun
  • The Real Deal
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Elon Musk’s back-to-office order sets SpaceX up as SoCal test case

Elon Musk (Getty Images, iStock, Twitter) Memos from Elon Musk to SpaceX office staff: Either get to your desk for 40-plus hours a week or pack it up for another job. The founder of the Hawthorne-based rocket company and Tesla, now ...

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  • 02 Jun
  • The Real Deal
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L.A. County signed contracts fall for 6th-straight month

(iStock/Illustration by The Real Deal) Signed contracts in Los Angeles County fell for a sixth-straight month in May, as low housing inventory continued to cut into sales, according to a Douglas Elliman monthly report. But there were ...

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  • 02 Jun
  • The Real Deal
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