Month: August 2024

It will take more than 99 cents to get anywhere near this deal. Bolour Associates has acquired a prime half-acre retail site in L.A.’s Mid-Wilshire neighborhood that includes a shuttered 99-Cents Only store. The developer has a short-term plan of getting artsy and a long-term ambition for a residential project with a clutch of museums…

The penthouse office at the Bank of America Building in Beverly Hills’ Golden Triangle serves as an extension of Drew Fenton’s collections, housing his Billy Haines chairs (currently about $4,000 a set at one online auction house), vintage seating by Italian architect Gio Ponti and 500 design books.  Fenton, who runs boutique residential brokerage Carolwood…

Sean Burton doesn’t fit in a neat box.  He runs Los Angeles’ largest multifamily developer, Cityview, and believes in the flow of private money. He also worked for the Bill Clinton administration, is close to Los Angeles Mayor Karen Bass and is campaigning for the Democrats this election cycle.  “I’m a moderate, and there’s like…

Los Angeles’ top residential brokerages say the market’s humming along. Under the hood, the motor sometimes splutters. “It’s been a really strong spring, summer market,” The Agency President Rainy Hake Austin said, “but it’s also been a mixed market that’s been all over the place.”   High interest rates, last April’s introduction of hefty transfer…