Month: November 2022

Chapman University’s President Daniele Struppa with 2045 S. State College Boulevard (Chapman University, Getty) Chapman University has paid $160 million for an apartment building in Anaheim to house 800 students. The private university, whose main campus is in Orange, bought the Anavia Apartments at 2045 S. State College Boulevard, in the Platinum Triangle, the Orange…

Karen Bass (Getty) Los Angeles Mayor-elect Karen Bass vowed to “hit the ground running” to tackle homelessness on her first day on the job. Bass, the first woman elected mayor of the city on Dec. 12, said she would immediately declare a state of emergency to address a spiraling homelessness crisis, the Los Angeles Daily…

1350 Ladera Circle with Elvis and Priscilla Presley (Realtor, Getty) The Palm Springs “Elvis Honeymoon Hideaway” was no Heartbreak Hotel on the market, thank you very much. The 4,700-square-foot house at 1350 Ladera Circle where Elvis and Priscilla Presley spent their honeymoon sold for its full listing price of $5.7 million, Mansion Global reported. Investors…

Harbor Group International’s Jordan Slone and Principal Financial Group’s Daniel Joseph Houston with 3150 Wilshire Boulevard (Harbor Group International, LinkedIn, Google Maps) Harbor Group International has purchased an apartment tower in Koreatown, paying nearly $53 million less than it last traded for in 2014. The Norfolk, Virginia-based investment firm and Image Capital bought the 464-unit…

Burnham Ward Properties’ Bryon Ward, Bellwether Financial Group’s Joe Ueberroth and R.D. Olson’s Bob Olson with a rendering of the redeveloped Dana Point Harbor (Burnham Ward, Bellweather Financial Group, RDO Development, Dana Point Harbor Partners) Dana Point Harbor may soon be revamped to look like a sun-bleached coastal village at a cose of $450 million.…

Morgan Brown and 948 North Orlando Avenue (Getty, 948 North Orlando Avenue via Todd Goodman) West Hollywood recently racked up a number of headlines for pricey condos, but a home property sale recently broke the neighborhood record for the highest-priced house sale. A compound located at 948 North Orlando Avenue sold for about $17 million…

John R. Saunders of Saunders Property and the Skyline Mobile Home Park at 2550 Pacific Coast Highway (Saunders, Google Maps) The municipality of Torrance has backed a rent limit deal by the landlord of a mobile home park while rejecting a proposed rent stabilization ordinance favored by residents. The City Council rejected the rent control…

Integral Communities’ Eugene Rosenfeld with 12 Baker Street (Eugene Rosenfeld, Long Beach City Council, Getty) Integral Communities will develop 226 homes along a polluted stretch of the Los Angeles River in North Long Beach. The Newport Beach-based developer was approved by the City Council to build the gated community at 12 Baker Street, the Long…

Map of Bloomington Business Park, bordered by Santa Ana, Jurupa, Maple Avenue, Linden and Alder avenues, Bloomington (San Bernardino County, Getty) A 213-acre industrial park with three large warehouses has won approval in the Inland Empire. After years of debate, the San Bernardino County Board of Supervisors approved the Bloomington Business Park with three warehouses…

(Illustration by The Real Deal with Getty) With vote counts showing a widening lead, supporters of Pasadena’s rent control Measure H have declared victory. “This is a win for every renter, and every resident in Pasadena who is tired of watching their longtime neighbors getting priced out,” Bee Rooney, a field director of the measure,…