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Month: May 2024

FPM inks $42M sublease for former Sweetgreen HQ in LA’s West Adams

FPM Development has inked a $42 million deal to sublease 100,000 square feet at the former headquarters of Sweetgreen in L.A.’s West Adams. The unit of an unidentified hydrogen fuel cell company, FPM subleased the offices from the ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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Duplex owner wants to replace it with row homes in Hollywood Hills

A property owner wants to bulldoze a 113-year-old duplex in the Hollywood Hills to build five single-family homes. David Hu has filed plans to build the five houses on small lots at 2048 Holly Drive, Urbanize Los Angeles reported. The ...

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  • 16 May
  • The Real Deal
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JPI buys site for 272 apartments at Long Beach mall redevelopment

JPI has bought an approved site for 272 apartments at the redeveloped City Place mall in Long Beach. The Texas-based developer bought 1.6 acres at Mosaic, the project that will replace the vacant City Place Long Beach shopping center ...

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  • 15 May
  • The Real Deal
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Developer proposes five-story apartment building in Beverly Hills

The owner behind 232 Doheny LLC is looking to construct a five-story, nine-unit multifamily building in Beverly Hills, according to an application filed with the city and reviewed by TRD. The developer is also requesting a density ...

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  • 15 May
  • The Real Deal
  • Uncategorized
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Paradigm asks $90M for Beverly Park estate once owned by Saudi prince

Paradigm Developers is listing a 28,500-square-foot mansion built by a Saudi prince in exclusive Beverly Park for $89.9 million. The Sawtelle-based firm led by Todd DeMann has listed the newly renovated mansion at 73 Beverly Park Lane, ...

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  • 15 May
  • The Real Deal
  • Uncategorized
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Linc Housing plans mixed-use complex in L.A.’s Chinatown

Linc Housing Corporation, a Long Beach-based affordable developer, plans to build a mixed-use complex in L.A.’s Chinatown neighborhood. The nonprofit will partner with the California Endowment, which owns the land. The project would ...

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  • 15 May
  • The Real Deal
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Leo Pustilnikov proposes studio-only multifamily in Beverly Hills

Hamilton Drive LLC and SDLP Holdings LLC, entities owned by Leo Pustilnikov, have filed an application to build an eight-story, 90-unit multifamily building in the heart of Beverly Hills, according to the plans reviewed by TRD. This ...

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  • 12 May
  • The Real Deal
  • Uncategorized
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Douglas Elliman wants to sublease 11K sf at Beverly Hills office

Douglas Elliman wants to sublease about 10,800 square feet of its office in Beverly Hills in an effort to consolidate its operations there.  The brokerage has tapped its commercial branch to list two floors at 150 South El Camino Drive ...

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  • 12 May
  • The Real Deal
  • Uncategorized
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Marcus & Millichap Multifamily Forum: Southern California 2024

The Marcus & Millichap Multifamily Forum: Southern California–now in its 13th year–has become a reliable annual gathering for local, regional and national multifamily investors, operators, developers and other professionals active ...

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  • 12 May
  • The Real Deal
  • Uncategorized
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Irvine Company lands $150M refi on West LA office complex 

The Irvine Company has scored $150 million to refinance Westwood Gateway II, a 549,000-square-foot office complex in West Los Angeles.  Bank of America originated the 10-year, fixed-rate loan on the property, located at 11100 Santa ...

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  • 12 May
  • The Real Deal
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