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Month: April 2025

Tesla puts finishing touches on Hollywood charge-n-diner

Tesla has almost finished building its diner, EV charging and drive-in movie mecca in Hollywood.  The Austin, Texas-based carmaker owned by Elon Musk is putting the final condiments on its national diner prototype at 7001 West Santa ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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Summer blockbuster? Caruso leaves door open for political run

Pacific Palisades residents sought advice and clarity from Rick Caruso during an hour-long community rebuild meeting Monday evening.     While the developer offered crisp critiques of what he painted to be the city of Los Angeles’ ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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DTLA’s Wedbush Center to special servicer as namesake tenant relocates to Pasadena

Cerberus Capital Management has blown its deadline to pay off a $128 million loan backed by a 21-story office building in Downtown Los Angeles, shuttling it into special servicing. The New York-based investor led by Frank Bruno failed ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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Paul Salazar leaves Hilton & Hyland for Compass

Los Angeles agent Paul Salazar capped a 16-year career with Hilton & Hyland as he and his team made the jump over to Compass this month, The Real Deal has learned. Salazar said he brought three agents along with an operations ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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Small businesses face uphill battle rebuilding in Altadena, Pacific Palisades

Three months after wildfires ripped through Altadena and the Pacific Palisades, small business owners still struggle to clear away debris and start rebuilding.  While federal and county resources have helped residents clean up ...

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  • 14 Apr
  • The Real Deal
  • Uncategorized
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Nevada brokerage IS Luxury throws open doors to Newport Beach office

In Los Angeles’ ultra-competitive high-end residential market, a new contender wants to be the next boutique upstart. Nevada-based IS Luxury has opened the doors to a Newport Beach office in the coastal city’s tony Fashion Island ...

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  • 14 Apr
  • The Real Deal
  • Uncategorized
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Robert Herscu sells WeHo office building for $31M

Robert Herscu’s HQ Development handed off the former West Hollywood Planned Parenthood building to a mysterious new owner after just two years, The Real Deal has learned. Triangle Ventures, a shell company tied to Margaret “Megan” ...

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  • 14 Apr
  • The Real Deal
  • Uncategorized
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Irvine Company buys land for 1,300 homes in Tustin

Irvine Company has paid $42.1 million for enough land in Tustin to build more than 1,300 homes atop a former U.S. Marine Corps air station. An affiliate of the Newport Beach developer bought 19.4 acres of city-owned land bounded by ...

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  • 14 Apr
  • The Real Deal
  • Uncategorized
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Kingsbarn snaps up Hollywood offices occupied by Kim Kardashian for $105M

Kingsbarn Realty Capital has bought a 116,000-square-foot building in Hollywood occupied by Kim Kardashian’s Skims Body shapewear firm for $105 million, following a lawsuit against the lender that derailed a deal for the office tower ...

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  • 14 Apr
  • The Real Deal
  • Uncategorized
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West Coast watches, waits for trade wars’ impact on building, deals

Los Angeles real estate is facing a new unknown amid the trade wars set off by President Donald Trump’s tariffs. The hand-wringing comes at a fragile time for Los Angeles County, which is on the cusp of a massive, multi-year rebuilding ...

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  • 12 Apr
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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    • Hilton & Hyland’s landlord says it’s owed over $700K in back rent, late fees June 12, 2025
    • SoCal real estate family discriminates, overcharges, deceives tenants: AG  June 12, 2025
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