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Month: June 2022

LA planners reject appeals to block 54-unit apartment complex in Studio City

Project at the southwest corner of Radford Avenue and Hoffman Street (Aimir CG) Los Angeles planners have rejected appeals to block a six-story apartment complex across from the former CBS Studio Center in Studio City. The Los Angeles ...

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  • 14 Jun
  • The Real Deal
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Apollo buys into Inland Empire retail with deal for Ontario-based Cardenas

Cardenas Markets’ Doug Sanders with Cardenas Market (Cardenas Market) An affiliate of Apollo Global Management has bought an Ontario-based Hispanic supermarket chain that just inked a deal to increase its holdings in the Inland Empire. ...

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  • 14 Jun
  • The Real Deal
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Shvo adds touch of Saks to Beverly Hills condos

Michael Shvo with Saks Fifth Avenue (Saks) New York-based developer and marketing maven Michael Shvo has lined up Saks Fifth Avenue to provide “VIP services and curated lifestyle programming” to residents of his condo project in ...

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  • 14 Jun
  • The Real Deal
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Electric vehicle maker drives into Beverly Hills dealership

Faraday’s Carsten Breitfeld and 464 North Beverly Drive (Getty, Google Maps, iStock) Beverly Hills is in line to get another electric vehicle showroom and dealership. Faraday Future filed plans with the city to open a ...

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  • 14 Jun
  • The Real Deal
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LA ban on developer contributions kicks in as final round of mayoral race kicks off

José Huizar, former Los Angeles City Council Member (Getty Images, iStock) The City of L.A. enters the runoff campaign for an increasingly heated mayoral race as a new anti-corruption law takes effect to prohibit developers who are ...

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  • 14 Jun
  • The Real Deal
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Manhattan Beach planners reject residents’ attempts to trim 4-story apartment complex

Rendering of the proposed project site at 401 Rosecrans and 3770 Highland avenues, Manhattan Beach (Withee Malcolm Architects) Four attempts by residents to scale down a 79-unit apartment complex proposed for Manhattan Beach have been ...

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  • 14 Jun
  • The Real Deal
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LVMH gets go ahead for hotel on Rodeo Drive

LVMH CEO Bernard Arnault along with a rendering of Cheval Blanc (LVMH, City of Beverly Hills Planning Division) Rodeo Drive is a step closer to getting another LVMH brand — but it’s not a luxury store this time. The Beverly Hills ...

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  • 14 Jun
  • The Real Deal
  • Uncategorized
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Is LA ready for ultra-luxe condo moment?

Michael Shvo with Mandarin Oriental  Residences (Michael Shvo, Wikipedia, iStock) Developers from near and far have grown bullish about luxe condominiums in Los Angeles, a place where the ultra-wealthy have historically been more ...

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  • 13 Jun
  • The Real Deal
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Redlands moves to restrict industrial development

Redlands mayor Paul Barich with warehouses (City of Redlands, iStock) Yet another Inland Empire city has moved to restrict new industrial projects. In Redlands, a city of about 70,000 located some 60 miles northeast of L.A., the city ...

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  • 13 Jun
  • The Real Deal
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Standard, Faring add three senior affordable housing complexes across California

Standard Communities’ Chris Cruz with Faring CEO Jason Illoulian and the 196-unit Heritage Village complex at 707 West Santa Ana Street in Anaheim (Google Maps, About.Me, LinkedIn) Standard Communities and Faring have teamed up with a ...

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  • 13 Jun
  • The Real Deal
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