Things just keep getting worse for Norman Kravetz. The Realty Bancorp Equities principal defaulted this summer on the commercial mortgage-backed securities debt connected to a five-office-property portfolio, and now faces calls to cede ...
Want a hot take on Compass’ $1.6 billion deal for Anywhere Real Estate that you haven’t already heard? Let’s start from the top and work our way down. An industry veteran in L.A.’s high end jumped a few steps forward to conjecture ...
As malls and retail spaces across Greater Los Angeles face increasing vacancies, an eyebrow-raising — or rather, barbell raising — alternative has emerged to fill those voids. Gym operators like Equinox and Royal Personal Training ...
A planned Louis Vuitton outpost in Beverly Hills is inching closer to construction. The Beverly Hills Planning Commission gave unanimous approval to a three-story LV flagship store, rooftop restaurant and exhibition space, the Beverly ...
One Beverly Hills is still in its early construction phases, but developer Cain International secured some notable tenants for its retail portion. Fashion giant Dolce & Gabbana, Italian restaurant Casa Tua and Mexican-Japanese ...
The Los Angeles City Council did more than greenlight a towering addition to one of Downtown Los Angeles’ best-known commercial centers last week — it also put a spotlight on a faraway firm and the one-time Peace Corp volunteer who ...
The owners of a nine-story building known as Pasadena Office Tower face foreclosure in the wake of a notice of default on $40 million debt and election to sell that was recorded earlier this month. The commercial mortgage-backed ...
Brookfield Properties has offloaded part of another shopping mall in California. The Toronto-based investment management firm sold The Shoppes at Carlsbad in a $71.5 million transaction, Commercial Observer reported. A joint venture ...
Meta Housing Corporation is looking to build another affordable housing complex in Canoga Park’s Warner Center area. The Los Angeles-based firm submitted an application to build affordable apartments for senior citizens at 21010 ...
Compass’ $1.6 billion deal to buy Anywhere Real Estate set off market-share talk across the industry, but boutiques on the high end of the Los Angeles market aren’t sweating it. Carolwood’s Drew Fenton, CEO and co-founder of Los ...