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Author: The Real Deal

Comstock scores $50M Schroders financing for resi, retail project in Commerce

Comstock Realty Partners is closer to making a 14-acre master-planned community in Commerce a reality.  Century City-based Comstock secured $50 million in remediation financing from lender Schroders Capital linked to the Modelo ...

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  • 18 Feb
  • The Real Deal
  • Uncategorized
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OC realtors trade group sued over alleged effort to block senior housing

A San Clemente-based housing developer has sued the trade group Orange County Realtors, accusing it of trying to block a $130 million senior housing project that already obtained city approvals. Nick Buchanan, an infill developer based ...

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  • 18 Feb
  • The Real Deal
  • Uncategorized
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Westwood home clocks in as LA’s top contract with $16M ask

A Westwood residence listed for $16.2 million was last week’s high watermark when it came to Los Angeles County’s signed contracts.   That’s according to Douglas Elliman’s Eklund Gomes team, which produces a weekly roundup of the ...

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  • 17 Feb
  • The Real Deal
  • Uncategorized
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$37M Sawtelle Japantown office loan lands in special servicing

The debt on an office building in West Los Angeles’ Sawtelle Japantown neighborhood landed in special servicing after the borrower failed to pay it off at its January maturity date, according to Morningstar Credit.  The named loan ...

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  • 17 Feb
  • The Real Deal
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Lennar affiliate plans resi conversion of 24-acre Irvine office campus after $232M buy

A 24-acre office campus in the Irvine Business Complex is due for a residential conversion after it sold for $232.1 million, fetching more than double its last sale price in one of Orange County’s largest recent land sales.  A joint ...

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  • 17 Feb
  • The Real Deal
  • Uncategorized
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Toronto billionaire Prem Watsa in line for majority stake in Kennedy Wilson

Beverly Hills-based real estate investment firm Kennedy Wilson plans to go private in a $1.7 billion deal led by Fairfax Financial Holdings Limited senior management. The all-cash deal is expected to give Toronto-based Fairfax ...

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  • 17 Feb
  • The Real Deal
  • Uncategorized
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Focus on TRD Data: Top Pomona industrial sale in 2025 nears $53M

A property at 2867 Surveyor Street sold for roughly $52.7 million in January 2025, maintaining the top industrial sale spot for the year, and blowing away the competition, according to Los Angeles County tax assessor data and research ...

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  • 17 Feb
  • The Real Deal
  • Uncategorized
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Downsizing and departures in La La Land

Hilton & Hyland lost its managing director, and you could call industry reaction to the latest in the brokerage’s saga muted to say the least. Steve Katz, who joined the brokerage a  little over a year ago, exited quietly shortly ...

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  • 15 Feb
  • The Real Deal
  • Uncategorized
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Battle brewing over six surface parking lots downtown near LA Live

Parking lots can be the most vanilla of commercial real estate assets, but they can be spicy when they’re at the center of a complaint about an alleged conspiracy. Criscione Meyer Entitlement, which owns six downtown Los Angeles ...

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  • 14 Feb
  • The Real Deal
  • Uncategorized
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Carolwood duo closes out pair of Los Feliz deals in “mixed” market

A power duo on Los Angeles’ Eastside cleaned up this week with a couple of closings, despite more “sensitive” conditions for the area’s high end. Carolwood Estates’ Jonathan Mogharrabi and Marci Kays, who count the actor Brad Pitt ...

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  • 13 Feb
  • The Real Deal
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