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Month: April 2026

Venice Beach Boardwalk parking lot poised to become mixed-use project

A parking lot along the Venice Beach Boardwalk is slated for transformation into a mixed-use residential development.  An affiliate with Mission Investors Corporation of Ventura submitted an application to the Los Angeles Department of ...

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  • 30 Apr
  • The Real Deal
  • Uncategorized
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Bass touts expanded conversion incentives as Jamison’s DTLA office-to-resi project gets underway

The World Trade Center in Downtown Los Angeles is in the spotlight as Mayor Karen Bass touts the city’s recently approved adaptive reuse ordinance.  Bass stopped at the office complex at 350 South Figueroa Street as part of her ...

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  • 30 Apr
  • The Real Deal
  • Uncategorized
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Hole-in-one: Rick Caruso goes from mall to mulligan with Lake Sherwood golf course buy

Rick Caruso is teeing off a new chapter in his real estate career with his latest purchase in the Greater Los Angeles area.  The developer and one-time mayoral candidate, through his Caruso company, acquired the 18-hole Sherwood Lake ...

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  • 30 Apr
  • The Real Deal
  • Uncategorized
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Movers: It’s Beverly Hills to Encino for former Hilton & Hyland managing director

It’s a new brokerage and a new market for Steve Katz. After quietly exiting Beverly Hills-based Hilton & Hyland as managing director earlier this year, Katz has turned up at Syd Leibovitch’s Rodeo Realty to serve as branch manager ...

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  • 30 Apr
  • The Real Deal
  • Uncategorized
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Hackman defaults on $100M loan on creative office campus, faces foreclosure

Hackman Capital Partners is in more trouble, as the Los Angeles-based studio owner adds another nine-figure default to its roster. Michael Hackman’s company defaulted on a $100 million loan on what once was its Sony Pictures Animation ...

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  • 30 Apr
  • The Real Deal
  • Uncategorized
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SoCal condo prices see biggest year-over-year drop in 14 years: Attom

Condominiums in Southern California, long regarded as an entry-level housing play, are becoming within reach for more residents.  Condo prices across the region fell 6 percent year-over-year in February to a median $656,000, marking ...

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  • 29 Apr
  • The Real Deal
  • Uncategorized
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More affordable housing proposed near MacArthur Park in Westlake

The area surrounding MacArthur Park is in need of affordable housing, and one project looks to meet that demand with the redevelopment of a surface parking lot a block from the Westlake park.  A developer is seeking to construct a ...

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  • 29 Apr
  • The Real Deal
  • Uncategorized
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Hackman, Affinius list Culver Steps, could command $150M, or $1.2K psf

Hackman Capital Partners and Affinius Capital are shopping the mixed-use campus Culver Steps, according to an offering viewed by The Real Deal. The sellers chose Newmark to market the completely leased campus at 9300 Culver Boulevard. ...

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  • 29 Apr
  • The Real Deal
  • Uncategorized
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Bass overhauls resi, commercial permitting after “productive” Trump meeting

Hot off her publicized meeting with President Donald Trump, Los Angeles Mayor Karen Bass is taking a swing at one of the city’s most persistent development bottlenecks.  On Monday, Bass signed an executive order aimed at overhauling ...

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  • 29 Apr
  • The Real Deal
  • Uncategorized
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Victor Coleman’s Hudson Pacific Properties slices Quixote amid nine-figure losses

Victor Coleman’s Hudson Pacific Properties posted a $572 million loss in 2025. It was another year of nine-figure losses for the Los Angeles office and studio owner, which partly blamed its Quixote Studios.  The real estate investment ...

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  • 29 Apr
  • The Real Deal
  • Uncategorized
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