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Month: December 2024

San Pedro Fish Market leases 55K sf restaurant in West Harbor

A floundering San Pedro Fish Market has cut a deal with Ratkovich Company and Jerico Development for a 55,000-square-foot restaurant in San Pedro’s West Harbor development. The 68-year-old market has signed a 49-year lease with the ...

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  • 26 Dec
  • The Real Deal
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Category beats appeal trying to block 45 apartments in West LA

Category has beat back an appeal trying to block construction of a 45-unit apartment complex in West Los Angeles. The West Hollywood-based developer led by Daniel Pourbaba was approved by the Los Angeles City Planning Commission to ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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R2H eyes 230-unit affordable apartment complex in Northridge

R2H Development wants to bulldoze a century-old house in Northridge to build a 230-unit apartment complex. The Granada Hills developer led by Aaron Mensch has filed plans to build the five-story building at 17719 West Kinzie Street, ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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Birds Streets home with 100-year-old olive tree enters contract with $16M ask

A Hollywood Hills home in the Bird Streets neighborhood offered a bit of everything as it topped out the list of L.A. County homes that went into contract last week. The four-bed, fourth-bath residence at 1424 Tanager Way promoted its ...

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  • 24 Dec
  • The Real Deal
  • Uncategorized
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Pasadena landlords join registry required by rent control law

Two out of three landlords of rent-controlled apartments in Pasadena have signed up for a controversial database, leaving a third of the property owners out of compliance. By Sunday’s registration deadline, 64 percent of the city’s ...

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  • 24 Dec
  • The Real Deal
  • Uncategorized
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Former Commerce official admits to $120K parking lot kickback scheme

A former city manager for Commerce accused of public corruption has secretly pleaded guilty to federal charges of accepting $120,000 in bribes for allowing big-rigs to park on city lots. Edgar Cisneros admitted he pocketed up to ...

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  • 24 Dec
  • The Real Deal
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Sue Gross’ Beverly Hills home sets record with $33M sale

Sue Gross, the ex-wife of PIMCO co-founder Bill Gross, is closing out 2024 in a big way. Her home at 984 North Alpine Drive sold on Monday for $33 million, nabbing a price per square foot in Beverly Hills of $5,024, according to the ...

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  • 24 Dec
  • The Real Deal
  • Uncategorized
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Faring and Envision Hotel buy Beverly Hills office building for $90M

Jason Illoulian and fashion and hospitality entrepreneur Frank Zarabi have bought one of Tishman Speyer’s two remaining Beverly Hills office buildings for $90 million. A joint venture between Illoulian’s Faring and Zarabi’s Envision ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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LA grants entitlements on public housing redevelopment in San Pedro

San Pedro will move toward higher density with the City of Los Angeles Planning Commission granting key entitlements to a trio of affordable housing developers to supplant a longstanding public housing project near the Port of Los ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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Hilton & Hyland finds new manager in Sotheby’s International’s Steve Katz

Hilton & Hyland is looking to its freshly appointed Managing Director Steve Katz to steer the brokerage after its former president’s departure a week ago. The Beverly Hills agency named Katz to the position, tapping the former ...

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  • 23 Dec
  • The Real Deal
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