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Month: September 2022

Radio Korea owner seeks to sell massive El Sereno property

4600 Carter Drive (Zillow, Getty) P&Y Broadcasting, owner of the L.A. Korean-language radio station Radio Korea, has listed a 38-acre property in the Eastside L.A. neighborhood of El Sereno. Located on the property are multiple ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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Billy Jack Carter, Hilton & Hyland GM, resigns

Billy Jack Carter (LinkedIn, Getty Images) Billy Jack Carter, the longtime general manager of brokerage Hilton & Hyland, has submitted his resignation to the firm. His last day on the job was Sept. 2. “This is all a bit surreal. ...

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  • 02 Sep
  • The Real Deal
  • Uncategorized
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LA building with Banksy mural could fetch $30M at auction

Banksy’s “Girl on a Swing” mural and historic building at 908-910 S. Broadway, Los Angeles with building owners Tarina Tarantino and Alfonso Campos (Getty) Art lovers who want Banksy’s “Girl on a Swing” can bid for the century-old ...

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  • 02 Sep
  • The Real Deal
  • Uncategorized
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RE/Max agent in Palos Verdes Estates killed in car crash

RE/Max’s Tuba Ghannadi (RE/Max) Tuba Ghannadi, an agent for RE/Max in Palos Verdes Estates, died during a single car crash in Rolling Hills. She was 70. The South Bay real estate agent was killed Aug. 30 when her Tesla struck a power ...

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  • 02 Sep
  • The Real Deal
  • Uncategorized
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Park Hotels in deal to sell Hilton Garden Inn near LAX

DiNapoli Capital Partners’ F. Matthew DiNapoli, Park Hotels and Resorts’ Thomas Baltimore and Hilton Garden Inn El Segundo (DiNapoli Capital Partners, Park Hotels and Resorts, Hilton) Park Hotels and Resorts has struck a deal to sell ...

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  • 02 Sep
  • The Real Deal
  • Uncategorized
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Westwood condo highrise derailed by a Metro subway

A rendering of the 29-story condominium tower in Westwood and Los Angeles Councilman Paul Koretz (Robert A.M. Stern, Los Angeles Councilmember Paul Koretz) The developer of an approved 29-story condominium tower in Westwood has run ...

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  • 02 Sep
  • The Real Deal
  • Uncategorized
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CBRE buys medical offices in Mission Viejo for $135M

CBRE Investment Management’s Chuck Leitner and 27800 Medical Center Road (CBREIM, Healthcare Trust of America) A New York investor has paid $134.8 million for four medical office buildings in Mission Viejo. CBRE Investment Management ...

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  • 02 Sep
  • The Real Deal
  • Uncategorized
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Legislature passes LACAHSA bill opposed by industry groups

California Association of Realtors’ Dave Walsh and Senator Sydney Kamlager (LinkedIn, California State Senate) The state legislature has passed a bill to create an L.A. County agency dedicated exclusively to building affordable ...

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  • 01 Sep
  • The Real Deal
  • Uncategorized
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Chinese developer aims to salvage Oceanwide Plaza in DTLA

Figueroa, Flower, 11th and 12th Streets (Visualhouse, Getty) One of China’s largest real estate developers is working to save a sinking Downtown Los Angeles project. Oceanwide Holdings, based in Beijing, is trying to raise enough ...

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  • 01 Sep
  • The Real Deal
  • Uncategorized
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Movers & Shakers: OC agent sells yachts plus mansions

Coleen Brennan and Bill Forsythe, Madelyn Ponsetto and Levi Knapp (Coldwell Banker, Zane Widdes Group, LinkedIn, Getty) The Smith Group, ranked as Coldwell Banker Realty’s highest-producing team in North America, recently announced ...

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  • 01 Sep
  • The Real Deal
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