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Month: October 2024

Aflalo unveils look of Beverly Hills project on Pavilions site

The Aflalo family has unveiled the look of an eight-story apartment complex and supermarket in Beverly Hills slated to replace a Pavilions market. Their Aflalo Family Trust and Moshe and Laura Aflalo have released plans via a post from ...

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  • 09 Oct
  • The Real Deal
  • Uncategorized
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Noodle maker beats appeal to expand ramen plant in Irvine

Development opponents in California often bring CEQA appeals, but a noodle maker in Irvine beat one on the legal question of “standing.” Maruchan, maker of a popular brand of ramen fast-cook noodles, was approved by the City Council to ...

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  • 08 Oct
  • The Real Deal
  • Uncategorized
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Allegro Capital moves ahead on 41-unit complex in Glendale

Allegro Capital Partners has moved forward with plans to build a 41-unit apartment complex near a Metrolink station in Glendale. The locally based developer led by David “Randy” Stevenson has run its plans through a city design board ...

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  • 08 Oct
  • The Real Deal
  • Uncategorized
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Beverly Park French Chateau listed at $48.5M tops LA contract list

A French Chateau in Los Angeles’ Beverly Hills Post Office neighborhood topped last week’s list of the county’s largest signed contracts.   That’s according to the latest Eklund Weekly Luxury Report LA from Douglas Elliman’s Eklund ...

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  • 08 Oct
  • The Real Deal
  • Uncategorized
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Former LA Deputy Mayor Raymond Chan gets prison time for bribery

Former Los Angeles Deputy Mayor Raymond Chan was sentenced on Friday to 12 years in federal prison for aiding a bribery scheme involving developers led by former Councilman José Huizar. The former deputy mayor of economic development ...

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  • 08 Oct
  • The Real Deal
  • Uncategorized
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Ghost kitchen accuses Brookfield of water damage in DTLA basement

The owner of a basement business beneath a landmark building of converted lofts in Downtown Los Angeles has accused Brookfield Properties of causing water damage. It seeks $5 million. The affiliate of City Storage Systems, a locally ...

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  • 07 Oct
  • The Real Deal
  • Uncategorized
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NBA stars pitch plan for affordable housing in East Hollywood

NBA basketball players Terry and Tobias Harris of Visionary Development Group want to build a 90-unit affordable housing complex in East Hollywood. The brothers’ Downtown Los Angeles-based firm has filed plans for a seven-story ...

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  • 07 Oct
  • The Real Deal
  • Uncategorized
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Google renews office lease for 200K sf in Irvine

Google has re-upped its lease for 196,200 square feet of offices in Irvine. The Mountain View-based search engine renewed its lease at the two-building office campus at 19510 and 19520 Jamboree Road, the Commercial Observer reported, ...

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  • 07 Oct
  • The Real Deal
  • Uncategorized
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Porsche collector’s DTLA loft hits the market for $20M

Magnus Walker’s live-work loft in downtown Los Angeles’ Arts District has had several lives. Now, the 1902-built space is on the market for about $20 million. Walker, a fashion designer and car enthusiast, paid $920,009 for the loft 24 ...

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  • 07 Oct
  • The Real Deal
  • Uncategorized
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Universal Music’s Santa Monica headquarters sells for $185M

Universal Music Group’s Santa Monica headquarters office has a new owner in Drawbridge Realty. San Francisco-based Drawbridge paid New York-based Clarion Partners $185 million, according to an industry source, for the ...

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  • 04 Oct
  • The Real Deal
  • Uncategorized
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