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Month: September 2024

Half a house in Monrovia comes with price tag of $500K

Talk about your half-off sales. What’s left standing of a house that was cut in half by a tree that stood more than 100 feet tall and came toppling down earlier this year is on the market in the San Gabriel Valley city of Monrovia for ...

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  • 05 Sep
  • The Real Deal
  • Uncategorized
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How low did Irvine Company go on San Diego office sale?

The Irvine Company has bailed out of a San Diego landmark just weeks after doubling down and then some on a major piece of Chicago’s skyline. Donald Bren’s Newport Beach-based development and investment behemoth recently sold Symphony ...

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  • 05 Sep
  • The Real Deal
  • Uncategorized
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Ron Burkle, Lubov Azria in court battle over Holmby Hills mansion

Bidding for the Azria Estate hit the market this spring with a lot of buzz. And then, silence. Some three months since New York auctioneer Concierge Auctions ended bidding on the Holmby Hills mansion, long the backdrop of Oscar parties ...

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  • 05 Sep
  • The Real Deal
  • Uncategorized
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Gordon Crawford relists blufftop home in Dana Point for $39M

Retired Hollywood investor Gordon Crawford has relisted a cliffside home in Dana Point’s exclusive Monarch Bay for $39 million, or $7 million less than its initial asking price. The former executive at Los Angeles-based Capital ...

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  • 05 Sep
  • The Real Deal
  • Uncategorized
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Chartres Lodging pays $57M for hotel by Intuit Dome in Inglewood

Chartres Lodging Group has picked up a 179-room Mid-Century hotel next to the newly opened Intuit Dome in Inglewood for $57.2 million, triple what it traded for seven years ago. The San Francisco-based investor bought the Lüm Hotel at ...

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  • 04 Sep
  • The Real Deal
  • Uncategorized
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Former Hollywood Art Center School site looks to woo developers

A historic property, once home to the Hollywood Art Center School, is on the market for just under $7 million. The 3-acre estate at 2025-2027 North Highland Avenue is billed to prospective buyers as having the potential for as large as ...

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  • 04 Sep
  • The Real Deal
  • Uncategorized
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Shvo-owned condos go up for sale in Beverly Hills after $200M loan default

Dozens of condominiums in Beverly Hills went on sale en masse on Wednesday after an investor group led by Michael Shvo defaulted on a $200 million loan linked to the properties. Some 44 condos in the Mandarin Oriental Residences ...

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  • 04 Sep
  • The Real Deal
  • Uncategorized
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City of Irvine spends $13M on building for administrative offices

The City of Irvine has bought a 57,300-square-foot office building for use by administrative agencies for $13 million. The city purchased the two-story headquarters of RGP Property at 17101 Armstrong Avenue, the Orange County Register ...

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  • 04 Sep
  • The Real Deal
  • Uncategorized
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LA’s luxury home market ends summer with a rally

Leaving town early last week for the Labor Day holiday didn’t appear a likely option for luxury residential agents. Los Angeles County saw a jump in signed contracts for homes worth $4 million or more to 28, for the week ended Sept. 1, ...

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  • 03 Sep
  • The Real Deal
  • Uncategorized
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Salt Development moves forward on $500M multifamily in Anaheim Hills

Salt Development has moved forward with a controversial plan to build nearly 500 apartments and six luxury homes in Anaheim Hills, while creating a 46-acre nature preserve. The Anaheim Planning Commission is expected to consider plans ...

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  • 03 Sep
  • The Real Deal
  • Uncategorized
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