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Month: July 2024

TTM announces $150M revamp of HHLA outdoor mall in West LA

TTM Real Estate Capital bought a nearly 250,000-square-foot outdoor shopping mall last year in West Los Angeles for $80 million — and now plans to spend nearly twice as much to fix it up. The unit of Westwood-based Cannon Commercial ...

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  • 03 Jul
  • The Real Deal
  • Uncategorized
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Tesla to convert a former Chatsworth movie theater into EV showroom

Tesla has hit the go-pedal on plans to turn the defunct Winnetka Pacific Theatres in Chatsworth into a showroom and pick-up spot for its electric cars.  The Austin, Texas-based electric vehicle maker led by Elon Musk pitched its latest ...

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  • 03 Jul
  • The Real Deal
  • Uncategorized
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Swarm appeals hit Hackman’s $1.25B revamp of LA’s Television City 

UPDATED JULY 1 at 3:45 p.m.: Businesses and neighbors of a $1.25 billion plan by Hackman Capital Partners to redevelop Television City in the Fairfax Historic District want to turn the dial. Nine businesses and community groups have ...

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  • 03 Jul
  • The Real Deal
  • Uncategorized
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Kevin Garnett sues title, escrow firms in Malibu mansion dispute

Kevin’s Garnett’s $16 million Malibu home sale has turned out to be anything but a slam dunk. Three years since the NBA Hall of Famer reached an agreement to sell the property to Hacopian Design & Development, the deal is mired in ...

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  • 03 Jul
  • The Real Deal
  • Uncategorized
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Patrick Carroll booked on felony charge in LA

Multifamily syndicator Patrick Carroll was arrested in Hollywood late Monday and booked on a felony charge, The Real Deal has learned. Records show the arrest occurred at 9:30 p.m. on July 1, with Carroll officially booked in the early ...

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  • 02 Jul
  • The Real Deal
  • Uncategorized
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Leo Pustilnikov tangles with red tape over builder’s remedy in Beverly Hills

Leo Pustilnikov has run into a labyrinth of red tape put up by Beverly Hills to stave off a builder’s remedy project with apartments and a hotel that defies the city’s zoning rules. The locally based developer and pioneer in employing ...

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  • 02 Jul
  • The Real Deal
  • Uncategorized
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Soboroff Partners, Gerschel family sell Malibu’s Park at Cross Creek

A mystery buyer snapped up The Park at Cross Creek in Malibu, taking control of a fully leased retail center anchored by Whole Foods Market. The purchase price of the 39,350-square-foot property at 23401 Civic Center Waywas not ...

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  • 02 Jul
  • The Real Deal
  • Uncategorized
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Developer Sean Mousavi plans 123-unit complex in Boyle Heights

Developer Shahram “Sean” Mousavi plans to replace a Boyle Heights bank that was destroyed by fire with a seven-story, 123-unit apartment complex.   The property, located at 1308-1322 South Soto Street at the northeast corner of Soto ...

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  • 02 Jul
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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