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Author: The Real Deal

Pustilnikov in on bargain as trio lands PacMutual building for $50M

The jewel-box PacMutual property nestled near the Millennium Biltmore Hotel in the heart of downtown Los Angeles has sold for a bargain price, fetching just more than $100 per square foot, property records reveal The three ...

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  • 06 Oct
  • The Real Deal
  • Uncategorized
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Private equity looks for retail bargain with $145M for Long Beach center

This article originally appeared on The Real Deal. Click here to read the full story. Powered by WPeMatico

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  • 06 Oct
  • The Real Deal
  • Uncategorized
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LA City Council allows Los Feliz mixed-use project to advance after appeal

A mixed-use development in Los Feliz will move forward after facing an appeal that threatened to stop it from rising.  The Los Angeles City Council voted to uphold the approval of a project from Benny Pirian of Vermont Real Estate that ...

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  • 06 Oct
  • The Real Deal
  • Uncategorized
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Harris, Fahimian corner Flats, tote up $76M with latest deal in Beverly Hills enclave

The fast-growing business of Jack Harris and Michael Fahimian is now clocking over $76 million in Beverly Hills Flats deals this year with the duo’s latest closing.  The Beverly Hills Estates agents confirmed the closing of 722 North ...

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  • 06 Oct
  • The Real Deal
  • Uncategorized
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Billionaire developer Donald Bren needs only 12 words to cut son loose over alleged scam

The richest real estate developer in America didn’t spend a lot of words in cutting off one of his sons amid allegations of a high-flying con job in Beverly Hills. A spokesperson for Donald Bren, chairman and owner of Irvine Company, ...

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  • 06 Oct
  • The Real Deal
  • Uncategorized
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Cushman & Wakefield tapped to find rooftops for flying taxis in LA

As electric air taxi services approach Federal Aviation Administration approval, one of the nation’s biggest operators of aircraft landing sites is working to secure real estate in Los Angeles. VertiPorts by Atlantic, a subsidiary of ...

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  • 06 Oct
  • The Real Deal
  • Uncategorized
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Focus on TRDData: LA’s priciest condo sale

Nail-polish money provided the gloss for the biggest condominium sale in Los Angeles County in the first half of the year, with former OPI nail polish executive Miriam Schaeffer paying $39.1 million purchase of a full-floor penthouse ...

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  • 06 Oct
  • The Real Deal
  • Uncategorized
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Broken records: Superlatives, squeals on rankings

Rankings and superlatives are probably the one thing agents and brokerages can agree they love to hate and then love again. Most are unable to look away from perusing said rankings even if they take issue with the methodology.    With ...

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  • 05 Oct
  • The Real Deal
  • Uncategorized
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Key data point in L.A. hotel sector: pain

Own a hotel in Los Angeles? Then, you’re probably feeling some pain. Relevant’s Grant King is these days.  A lender wants to sell the equity interests in the Dream Hollywood hotel, owned by a company connected to Relevant. A ...

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  • 04 Oct
  • The Real Deal
  • Uncategorized
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Aflalo Equities pitches builder’s remedy projects to Beverly Hills

The City of Beverly Hills will consider greenlighting two builder’s remedy projects from a local family-owned property management and development firm. Aflalo Equities’ proposal for two eight-story residential buildings will go before ...

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  • 03 Oct
  • The Real Deal
  • Uncategorized
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