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Month: March 2025

Savills to consolidate DTLA, Westwood offices in Century City

Savills is consolidating its two Los Angeles offices — one in Downtown and the other in Westwood — and expanding with a move to around 20,000 square feet in Century City.  The tenant-side brokerage plans to take the entire 11th floor ...

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  • 18 Mar
  • The Real Deal
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Haley Hospitality buys 121-room hotel in Laguna Hills for $17M

Haley Hospitality Enterprises has snapped up a 121-room hotel in Laguna Hills for nearly $17 million after selling a hotel in Costa Mesa at a hefty profit for a hotel-to-residential conversion. The Lake Forest-based hospitality firm ...

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  • 18 Mar
  • The Real Deal
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Paramount Pictures, Nickelodeon CEO in contract to sell Beverly Hills home

Media and entertainment honcho Brian Robbins moved closer to striking a deal on his Beverly Hills contemporary pad in what marked last week’s top Los Angeles County home under contract. That’s according to the Douglas Elliman Eklund ...

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  • 18 Mar
  • The Real Deal
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Gehry-designed office building proceeds in Playa Vista

NSB Associates is back on track for an approved 196,000-square-foot office building designed by Frank Gehry in Playa Vista, which stalled four years ago because of a lawsuit. The Beverly Hills-based developer was reapproved by the Los ...

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  • 17 Mar
  • The Real Deal
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Former KB Home CEO lands $27M for Beverly Hills Flats manse

Former KB Home CEO Bruce Karatz inked a deal to sell his Beverly Hills mansion for $27 million as activity continues in the Flats. Karatz and his wife, socialite and philanthropist Lilly Tartikoff, sold 620 North Beverly Drive for ...

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  • 17 Mar
  • The Real Deal
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What’s smaller than a bungalow in East Hollywood? 

Melrose Ten wants to turn century-old bungalow apartments in East Hollywood into single-family homes and a duplex. The North Hollywood-based limited liability company led by Aaron Belliston has filed plans to convert the 1920s bungalow ...

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  • 17 Mar
  • The Real Deal
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Bass says she wants to pause Measure ULA. Is she allowed?

Los Angeles Mayor Karen Bass has apparently grown cool toward Measure ULA. The mayor said there’s cause to temporarily suspend the city’s two-year-old “Mansion Tax” and might try to do so herself, if she can find a way. “Maybe ...

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  • 17 Mar
  • The Real Deal
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Prologis project could breathe new life into DTLA’s Arts District

Talk around downtown Los Angeles’ Art District isn’t as buzzy as it once was. A redevelopment project from Prologis that’s expected to break ground in 2027 could help breathe new life into the conversation around the most directional ...

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  • 15 Mar
  • The Real Deal
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State Farm “provisionally” approved for 22% insurance rate hike

State Farm General got its wish to hike home insurance rates by an average of 22 percent. The news comes weeks after being straight-armed by California’s chief insurance regulator for a request to increase rates because of the Los ...

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  • 14 Mar
  • The Real Deal
  • Uncategorized
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Forever 21 to close more than a dozen stores across SoCal

Forever 21 is preparing to potentially close hundreds of stores, including more than a dozen in Southern California, as part of its ongoing bankruptcy. The Los Angeles-based apparel firm, hurt by plunging sales and competition from ...

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  • 14 Mar
  • The Real Deal
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