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Month: September 2025

Construction crane injures worker in Malibu as rebuild efforts lag

A beachfront construction site in Malibu became the site of a rescue Wednesday.  A construction worker was injured after a large crane overturned near a hillside in the 31300 block of Broad Beach Road just off the Pacific Coast ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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Hilton Hilton co-CEOs Barron, Tessa Hilton shift to Compass

Hilton Hilton co-founders and co-CEOs Barron N. Hilton and Tessa Hilton have abruptly headed for the exit as they set up shop under the Compass banner in Beverly Hills and Palm Beach. News of the husband-and-wife team’s new move came ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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LA developers criticize Measure ULA, wildfire rebuilding at inaugural TRD Roundtable

Developers from across the Los Angeles region came together to discuss the state of the construction market, the city, rebuilding efforts and more at The Real Deal’s inaugural roundtable event in Hollywood.  Top of mind, among other ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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El Segundo offers second choice for Westside office tenants

Media marketing agency Canvas Worldwide is moving its West Coast headquarters to another part of the Westside.  The firm is relocating from Playa Vista to El Segundo, L.A. Business First reported. The lease expands the agency’s office ...

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  • 24 Sep
  • The Real Deal
  • Uncategorized
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Santa Monica scraps “Jenga” design, greenlights 260 basic apartments

Santa Monica officials trashed a developer’s “Jenga” design concept for an apartment project.  The city’s architectural review board unanimously approved a 260-unit housing development after the developer brought on a different ...

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  • 24 Sep
  • The Real Deal
  • Uncategorized
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Alliance, PCCP score $44M Mesa West refi for Los Feliz apartments

The owners of an apartment community in Los Feliz are the latest to score a refinancing loan from Mesa West Capital.  Alliance Residential and PCCP secured a five-year, floating-rate $43.5 million loan from Los Angeles-based Mesa West ...

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  • 24 Sep
  • The Real Deal
  • Uncategorized
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Sukut lands $130M New York Life refi for SoCal industrial portfolio

Sukut Real Properties has secured a nine-figure refinancing loan for industrial properties across Southern California.  The Santa Ana-based investment affiliate of Sukut Construction got a five-year, $130 million loan for 21 properties ...

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  • 23 Sep
  • The Real Deal
  • Uncategorized
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 MetLife pays $70M for distressed Newport Beach office towers

MetLife Investment Management is the new owner of a two-tower office campus in Newport Beach.  The San Francisco-based firm paid $70 million via the assumption of a loan for the East and West Towers of Koll Center Newport, the Orange ...

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  • 23 Sep
  • The Real Deal
  • Uncategorized
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$3B LA Convention Center plan advances with pre-Olympic target completion date

The Los Angeles Convention Center’s long journey to expansion approval is seemingly nearing an end.  On Friday, the Los Angeles City Council voted to proceed with the latest plans to expand the downtown L.A. building with 190,000 ...

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  • 23 Sep
  • The Real Deal
  • Uncategorized
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High-end resi deals flat but dollars up 44% with $231M in signed contracts 

Los Angeles County’s residential market perked up last week as buyers and sellers found ways to move forward on deals. Countywide, 25 single-family homes and condos went into contract last week, which equated to $230.6 million in ...

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  • 23 Sep
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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