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Month: May 2025

SoCal commercial real estate market buffered by economic turbulence

The Southern California commercial real estate market faces growing uncertainty because of tariffs, high interest rates and surging construction costs made worse by recent wildfires. The economic challenges have unsettled a market ...

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  • 21 May
  • The Real Deal
  • Uncategorized
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Planned Viper Room redevelopment site in WeHo goes into foreclosure

A massive mixed-use redevelopment project for a strip of West Hollywood that includes The Viper Room is up in the air as the property heads to foreclosure.  Silver Creek Development’s 8850 Sunset project, which received final approval ...

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  • 21 May
  • The Real Deal
  • Uncategorized
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Stream Realty OK’d for 100K sf warehouse in Cudahy 

Stream Realty Partners has been approved to build a 100,000-square-foot speculative warehouse in Cudahy. The Dallas-based developer secured entitlements from Gateway City to build the two-story  industrial building at 4900 Cecilia ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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Ruins of Mohamed Hadid’s failed Bel-Air mansion up for auction

Bel-Air’s most famous unfinished acropolis is up for auction once again, The Real Deal has learned. Paul Ventura’s Sahara Construction is selling the 1.2-acre site of Mohamed Hadid’s failed spec mansion at 901 Strada Vecchia Road in a ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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Airline seatmaker leases 280K sf warehouse in Huntington Beach

Elevate Aircraft Seating has signed a deal for a 280,500-square-foot warehouse in Huntington Beach. The airline seat manufacturer based near Seattle has signed a lease for the two-story office and warehouse at the McDonnell Center ...

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  • 20 May
  • The Real Deal
  • Uncategorized
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Reality TV personalities Heidi Montag, Spencer Pratt can’t afford to rebuild Palisades home

Heidi Montag and Spencer Pratt will likely not be able to afford rebuilding their 2,300-square-foot dream home torched by this year’s firestorm in the Pacific Palisades. The reality TV couple who starred in “Laguna Beach” and “The ...

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  • 19 May
  • The Real Deal
  • Uncategorized
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Historic Fairfax Theatre looks for buyer to drop $45M

Los Angeles’ historic Fairfax Theatre is looking for a buyer after partial demolitions cleared the way for a new development.  The 29,000-square-foot lot, once home to the Art Deco venue at 7901-09 Beverly Boulevard, is on the market ...

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  • 19 May
  • The Real Deal
  • Uncategorized
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Developers sue Beverly Hills after builder’s remedy applications denied

The city of Beverly Hills is facing additional lawsuits from developers over builder’s remedy applications that they claim were unfairly denied.  Real estate limited partnerships 8800 Wilshire Associates, LP, and 8820 Wilshire ...

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  • 19 May
  • The Real Deal
  • Uncategorized
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Construction, gridlock don’t stop retail players from getting to ICSC Las Vegas

“There’s a lot of traffic,” a Las Vegas cab driver muttered as his foot tap danced on the brake Monday morning. About half an hour after the exhibition floor opened for the International Council of Shopping Centers’ annual ICSC Las ...

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  • 19 May
  • The Real Deal
  • Uncategorized
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Celebrity restaurants at hotels drive up average room rates, revenue

Landlords just can’t quit food and beverage tenants as upscale restaurants become the new anchor of luxury hotels.  That’s according to findings from JLL’s research team, which were presented Monday morning from the exhibitor floor at ...

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  • 19 May
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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