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Month: August 2022

Luxe condo under construction in Beverly Hills could ask $40M

Nahla Capital’s Genghis Hadi and GPI’s Cliff Goldstein with rendering of Rosewood Residences Beverly Hills (Common Ground, GPI, Rosewood) The 7,300-square-foot condo in Beverly Hills would come with its own private pool, butler’s ...

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  • 04 Aug
  • The Real Deal
  • Uncategorized
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Reimagined Viper Room developer scores $60M loan

Cottonwood’s Mark Green and Silver Creek’s Franck Ruimy with 8850 Sunset Blvd (8850 Sunset Blvd , LinkedIn, Stan Hope Capitol, Getty) Silver Creek, the developer behind the West Hollywood mixed-use project that includes a reincarnated ...

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  • 03 Aug
  • The Real Deal
  • Uncategorized
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Malibu home sells for $20M, then goes up for rent

Former owner Luanne Wells and the property at 31284 Broad Beach Road in Malibu (Obituary.com, Compass, Getty) A house in Malibu’s Broad Beach enclave that belonged to philanthropist Luanne Wells sold for $19.65 million on July 26. A ...

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  • 03 Aug
  • The Real Deal
  • Uncategorized
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Going up: Lithia Motors plans five-story Porsche dealership near DTLA

Lithia Motors’ Mark DeBoer and rendering of new Porsche dealership (City of Los Angeles, Getty, LinikedIn) In a sign of an emerging commercial development trend, Lithia Motors, an Oregon-based auto dealership group, has filed plans to ...

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  • 03 Aug
  • The Real Deal
  • Uncategorized
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Sprouts bags largest OC lease this year with 337K sf warehouse

Sprouts Farmers Market ceo Jack Sinclair with 1829 E. Orangethorpe in Fullerton (Sprouts, Google Maps, Getty) Sprouts Farmers Market may soon fill a newly built warehouse in Orange County with organic spinach, rutabagas, kiwis and ...

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  • 03 Aug
  • The Real Deal
  • Uncategorized
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The Bloc could add 53-story tower to DTLA skyline

National Real Estate Advisors ceo Jeffrey Kanne with renderings of the residential tower The Bloc at 700 S. Flower St in Los Angeles (Shimahara, National Real Estate Advisors) A national developer has moved ahead with plans to build a ...

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  • 03 Aug
  • The Real Deal
  • Uncategorized
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Wave of subleases rises over Silicon Beach

Hudson Pacific’s Victor Coleman, Boston Properties’ Douglas Linde, and NFL Network president Mary Ann Turcke with 10950 Washington Boulevard (Hudson Pacific Properties, Boston Properties, Getty Images) Tech and streaming companies are ...

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  • 03 Aug
  • The Real Deal
  • Uncategorized
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Fox Hills Plaza trades for $56M

HSH Management’s Henry Shahery with 6221-99 Bristol Plaza Parkway (Loopnet, HSH Management) A vacant shopping center near Westfield Culver City mall has sold for $56 million. A unit of M.C. Strauss, based in Solana Beach, sold the Fox ...

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  • 02 Aug
  • The Real Deal
  • Uncategorized
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Mohamed Hadid’s $250M Beverly Hills mansion moves into bankruptcy

Mohamed Hadid and renderings of the project (Getty, Hilton & Hyland) Spec mansion developer Mohamed Hadid’s web of financial and legal entanglements continues to grow with the possibility of losing the priciest piece of his ...

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  • 02 Aug
  • The Real Deal
  • Uncategorized
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Kilroy halts projects in Santa Monica, San Diego

Kilroy Realty CEO John Kilroy and 1633 26th Street in Santa Monica (Kilroy Realty, Google Maps, Illustration by The Real Deal with Getty) After calling offices the “center of the work ecosystem” and decrying remote work, Kilroy Realty ...

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  • 02 Aug
  • The Real Deal
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