Hall Group has scored a $46 million clean-energy financing deal for its new Hyatt hotel in Palm Springs. The Dallas-based investor secured the Commercial Property Assessed Clean Energy debt for its Thompson Palm Springs Hotel at 414 ...
UCLA is poised to buy the former Westside Pavilion mall, pulling the rug from Google’s plan to turn the 580,000-square-foot building into a West Los Angeles office campus. The Westwood-based university has cut a deal to buy the ...
Rancho Cucamonga will revamp its minor league baseball park to serve as a hub for a new downtown. The City Council approved a plan to create a “walkable urban fabric” by using walkways to connect its 6,000-seat Epicenter stadium at ...
All-time records for the priciest house sale in California were broken in May when music power couple Jay-Z and Beyoncé paid a jaw-dropping $200 million for a Malibu estate. But overall, the business for Los Angeles’ luxury market ...
A KBS Realty Advisors fund could crash and burn. KBS Real Estate Investment Trust III, based in Newport Beach, is warning its business may soon fizzle out, the Dallas Morning News reported, citing a regulatory filing. The KBS trust ...
Hip hardware mogul Gary Friedman just paid $28.5 million for a second Malibu home in which to add fancy doorknobs. The head of RH, formerly known as Restoration Hardware, bought the 4,000-square-foot home at 22160 Pacific Coast Highway ...
Harbor Associates and F&F Capital Group have picked up a 164,700-square-foot distressed office building in Westwood for $44.7 million — nearly 52 percent less than it traded for five years ago. The Seal Beach- and Irvine-based ...
During a year when many institutional investors pulled back from the office market, two familiar names were involved in this year’s priciest office sale in Los Angeles. JPMorgan took the cake this year, buying the Pen Factory in Santa ...
Pasarroyo, a four-building office complex spanning a city block in Pasadena, found no bidders beyond an opening offer at a public auction Dec. 20, so it went back to the control of its lender Heitman, based in Chicago. The opening bid ...
Carolwood, the investment firm run by Adam Rubin and Andrew Shanfeld, has closed on a deal to buy the AON Center in Downtown Los Angeles for $147.8 million, ending months of negotiations around the sale, The Real Deal has learned. The ...