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Author: The Real Deal

NewMark Merrill’s Target-anchored project approved amid high retail demand

NewMark Merrill Companies is moving forward with a Target-anchored shopping center development in Victorville.  NewMark Merrill, in partnership with World Premier Investments and R.Y. Properties, received entitlements to develop Desert ...

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  • 02 Mar
  • The Real Deal
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Feds take another stab at selling Ziggurat office building in Laguna Niguel

The United States General Services Administration listed a unique-looking office building in Orange County for sale.  The former Chet Holifield Federal Building in Laguna Niguel hit the market for an undisclosed price, L.A. Business ...

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  • 02 Mar
  • The Real Deal
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Tax auction: Riverside County sets $100 floor for bids on resi properties

Southern California deal-seekers have the chance to snap up a house on the cheap.  Riverside County opened registration for auctions on tax-defaulted homes, the California Post reported. Nearly 1,000 homes will be available in the ...

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  • 02 Mar
  • The Real Deal
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Ardie Tavangarian eyes disaster-prone markets for his fire-resistant homes

A name synonymous with luxury development has a new proposition in the rebuilding post-Palisades and Eaton fires. Ardie Tavangarian, founder of Arya Group, on Friday offered media a first look at a Pacific Palisades home for his ...

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  • 02 Mar
  • The Real Deal
  • Uncategorized
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EY Plaza edging closer to a deal

In late December, we wrote EY Plaza may have found a buyer. The identity of any potential buyer and pricing was a mystery then, and still sort of is. But there’s some more information on the developing situation. A so-far undisclosed ...

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  • 01 Mar
  • The Real Deal
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Who is real estate supporting in LA’s mayoral race?

Karen Bass may not be the sea change some in real estate may have hoped for at City Hall, but at least a few are fine with more of the same considering the options of those running against the incumbent for mayor. It’s an early read ...

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  • 28 Feb
  • The Real Deal
  • Uncategorized
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NASA data reveals more real estate for SoCal beaches

Surf’s up in SoCal — in some places, quite literally.  Some parts of California’s coastline are shrinking, while other parts of the state’s coast are growing, the Los Angeles Daily News reported, citing a study by the University of ...

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  • 27 Feb
  • The Real Deal
  • Uncategorized
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Distressed One California Plaza scores big law firm lease

One California Plaza inked a lease for about 26,000 square feet with law firm Gordon Rees, The Real Deal has learned. Plus, it renewed another lease — Citigroup’s.  That’s a positive sign for the massive office tower plagued by ...

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  • 27 Feb
  • The Real Deal
  • Uncategorized
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Senior housing, industrial coming for Azusa golf course

Another golf course in the Los Angeles area is headed for redevelopment.  The Azusa City Council approved plans from Overton Moore Properties to redevelop part of the Azusa Greens Golf Course into a senior housing complex, Urbanize Los ...

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  • 27 Feb
  • The Real Deal
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Blue Owl borrows $185M against California grocery-anchored retail portfolio

Private credit firm Blue Owl Capital landed a $185 million loan tied to nearly two dozen retail properties in the Bay Area.  The New York-based firm secured the loan from French corporate and investment bank Natixis backed by 21 retail ...

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  • 27 Feb
  • The Real Deal
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