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Month: November 2022

Kilroy settles with AT&T over DirecTV HQ in El Segundo

From left: DirecTV’s Bill Morrow and Kilroy Realty’s John Kilroy with 2250 East Imperial Highway (Getty, Kilroy, Cablefax, Point2Homes) Kilroy Realty has agreed to settle a lawsuit with AT&T over DirecTV’s headquarters in El ...

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  • 30 Nov
  • The Real Deal
  • Uncategorized
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Election 2022: What does it mean for LA real estate?

From left: Rick Caruso and Karen Bass (Getty) After months of signature-gathering and door-knocking, hundreds of millions of dollars spent and untold hours of backroom lobbying, the Nov. 8 election — or, more accurately, the ...

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  • 30 Nov
  • The Real Deal
  • Uncategorized
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Borstein Enterprises seeks to build subdivision in Rosemead

From left: Bornstein Enterprises’ Loren Borstein, Alan Borstein, and Craig Borstein with 8601 Mission Drive (Bornstein Enterprises) Borstein Enterprises aims to build 29 single-family homes and eight duplexes in the west San Gabriel ...

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  • 30 Nov
  • The Real Deal
  • Uncategorized
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MemorialCare to convert shuttered San Clemente Hospital into senior housing

A photo illustration of MemorialCare Health’s Barry Arbuckle along with the current site at 654 Camino De Los Mares in San Clemente (top) and a rendering of the planned senior housing redevelopment (bottom) (Getty, Google Maps, ...

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  • 30 Nov
  • The Real Deal
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OC home sales tumble 35% year-over-year

(Getty) Home buyers have hit the brakes in Orange County, with sales falling by a third since last year because of rising mortgage rates. Residential transactions in October slipped 35 percent from the same period last year, the Orange ...

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  • 30 Nov
  • The Real Deal
  • Uncategorized
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Bass asks Garcetti staff to stay until spring

Karen Bass with 200 N Spring St (Getty) In with the new chief, and stay in with the old staff. Los Angeles Mayor-elect Karen Bass has invited all of the staff in Mayor Eric Garcetti’s office to remain at their desks through April, the ...

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  • 29 Nov
  • The Real Deal
  • Uncategorized
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Music executive Irving Azoff exits Holmby Hills with a $25M payout

Irving Azoff with 10224 Charing Cross Rd (Getty, Realtor) Developer and music business manager Irving Azoff has left his Holmby Hills mansion with a $25 million payout. Azoff and his wife Shelli sold their 9,700-square-foot home at ...

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  • 29 Nov
  • The Real Deal
  • Uncategorized
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Parthenia Partners to build 55 apartments in North Hills

8747 Parthenia Place in North Hills (Google Maps, Getty) A one-story commercial building will be demolished to make way for a 55-unit apartment building in the North Hills neighborhood, according to plans filed with the city of Los ...

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  • 29 Nov
  • The Real Deal
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Johnson Group sees self-storage at Woodland Hills hotel site

Johnson Development Associates’s Geordy Johnson with 21101 West Ventura (Geordy Johnson via Twitter, LoonNet) In another sign of L.A.’s self-storage boom, Johnson Development Associates, an arm of the South Carolina-based Johnson ...

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  • 29 Nov
  • The Real Deal
  • Uncategorized
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Nonprofit to build 91-unit apartment complex in Van Nuys

8209 Sepulveda Boulevard in Los Angeles (Google Maps, Getty) Non-profit LA Family Housing plans to redevelop a Van Nuys motel into a two-building, 91-unit residential complex. Plans for the former Panorama Motel site, at 8209 Sepulveda ...

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  • 29 Nov
  • The Real Deal
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