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Month: October 2024

OC investors pay $77M for Highlands Corporate Center in San Diego

A joint venture between two Orange County investment firms — Harbor Associates and F&F Capital Group — has paid $77 million for the Highlands Corporate Center in San Diego, The Real Deal has learned. The five-building, Class A ...

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  • 04 Oct
  • The Real Deal
  • Uncategorized
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Holland Partner Group pitches 370 apartments in Santa Monica

Holland Partner Group has pivoted from a stalled plan to build an office building in Santa Monica to 370 apartments. The Washington State-based developer led by Clyde Holland has filed plans to build an eight-story complex at 1633 26th ...

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  • 04 Oct
  • The Real Deal
  • Uncategorized
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Old West movie ranches in Santa Clarita go on sale for $35M

The heir to a 400-acre pair of movie ranches in Santa Clarita that served as an Old West backdrop to films from “Ride ’Em Cowboy” to “Oppenheimer” has listed them for $35 million. Derek Hunt, who inherited the adjoining Sable Ranch and ...

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  • 04 Oct
  • The Real Deal
  • Uncategorized
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AI-backed fashion firm subleases 23K sf in LA’s Financial District

Artificial intelligence-based fashion firm Finesse has nearly quadrupled its office footprint in Downtown L.A. after inking a sublease for more than 23,000 square feet at The Bloc. The company, which closed on a $40 million Series A ...

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  • 04 Oct
  • The Real Deal
  • Uncategorized
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LA office leasing hits post-pandemic high, up 27% from a year ago

Office leasing in Los Angeles, which withered during a pandemic shift to remote work, is on the rise — but so are the number of available workplaces. Office landlords across the city inked deals for 3.8 million square feet during the ...

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  • 03 Oct
  • The Real Deal
  • Uncategorized
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Nearly one in five California renters pays $3K or more in rent

More than a million Californians now pay at least $3,000 a month for their apartment rent, twice as many as in 2019. California led the nation last year with 1.07 million households paying $3,000 or more a month to their landlords, the ...

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  • 03 Oct
  • The Real Deal
  • Uncategorized
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LA County to take next step in $200M buy of Gas Company Tower

Los Angeles County’s plan to buy the Gas Company Tower for $200 million is moving ahead in what would be one of the Downtown market’s largest office deals this year. Approval of a notice on the county’s intent to purchase the building ...

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  • 03 Oct
  • The Real Deal
  • Uncategorized
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Buyer of Kanye West’s Malibu home brings unusual business model

For some, Kanye West’s former house in Malibu looks like a bunker on the beach after the rapper stripped the cement structure of finishes, plumbing and electrical wires. But Belwood Investments owner Steven “Bo” Belmont — whose firm ...

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  • 03 Oct
  • The Real Deal
  • Uncategorized
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Joel Schreiber’s Waterbridge Capital sells Union Bank building in DTLA for $80M

Joel Schreiber’s Waterbridge Capital has sold the 40-story Union Bank Plaza building in Downtown Los Angeles for a discounted $80 million — as a Miami Beach firm hounds him for legal judgments of nearly $90 million. The New York-based ...

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  • 02 Oct
  • The Real Deal
  • Uncategorized
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Brewers owner cited for stealing Malibu beach sand — for second time

Mark Attanasio, owner of the Milwaukee Brewers, may be a serial sand thief. The managing partner of L.A.-based Crescent Capital Group was cited by the California Coastal Commission for stealing beachfront sand near his houses on ...

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  • 02 Oct
  • The Real Deal
  • Uncategorized
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