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Month: September 2024

DECA, Wildcat Capital nab $135M construction loan for Perris Gateway

A big-box industrial project in the Inland Empire city of Perris has secured a $135 million construction loan from Bank OZK and Affinius Capital. The 850,000-square-foot Perris Gateway is the product of a joint venture between DECA ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Richland to build 1,700 Inland Empire homes near 13,000-year-old tree

The art — and environment — of the deal:  One of the world’s oldest living organisms gets a protected environment, a native tribe gets 30 acres of land and a developer gets a go-ahead to build 1,700 homes under a recent deal approved ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Six Peak taps ED1 to double unit count at project in LA’s Westlake

A New York developer wants to double the number of units at a residential project in the Westlake district of Los Angeles, hopeful of gaining new entitlements through the Executive Directive 1 program instituted by Mayor Karen Bass. ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Will new owner Reliable Properties take Los Feliz strip mall upscale?

The recent sale of the Barnsdall Square strip mall in upscale Los Feliz offers the latest reminder that brick-and-mortar retail still matters in Los Angeles. The deal came on undisclosed terms, the Los Angeles Business Journal ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Grand Canyon State Realtors learn to hum a few bars of “O Canada”

It’s a dry heat, eh? Buyers from Canada account for 60 percent of foreign residential sales in Arizona, which is among the top 10 destinations among the 50 states, the Phoenix Business Journal reported.  Data from the National ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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Housing crunch delivers punch to LA’s upper crust at VA campus

It took the real estate market to bring a long-running fight between hard-pressed veterans of military service and upscale Angelenos to a head. And the market’s current housing crunch and the public health crisis of homelessness has ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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Buyer bags bargain on Bel-Air mansion originally listed at $100M

A mystery buyer has landed a deal on a Bel-Air spec mansion that was, at one time, asking $100 million. The more than 30,000-square-foot mansion at 10979 Chalon Road ended up selling for $26 million. Developer Don Bolin, who built the ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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Hollywood campus developers pivot from office to apartments

The entertainment industry veterans-cum-real estate developers behind the proposed CMNTY Culture mixed-use campus in Hollywood have sharpened their vision of the project. They’re bringing Lincoln Properties aboard as they shift away ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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Sarah Paulson seeks buyer for Paradise Cove trailer

Actress Sarah Paulson is looking to woo buyers to her 500-square-foot trailer in what has been called America’s most expensive mobile home park. The “American Horror Story” and “Bird Box” actress cut the price of her home at 16 ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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Bill on buffer zones around Inland Empire warehouses goes to governor

Gov. Gavin Newsom holds the power to complicate the lives of industrial developers in the Inland Empire and the rest of California after the 11th-hour passage of a bill that would require buffers between big warehouses and residential ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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