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Author: The Real Deal

Los Angeles City Council approves long-delayed Arts District development

A proposal for a mixed-use development in Los Angeles’ Arts District is moving forward eight years after it was originally floated.  The Los Angeles City Council has approved Maxxam Enterprises’ plans to replace a single-story ...

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  • 26 Jun
  • The Real Deal
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CIM trades The Lot at Formosa to sidecar fund for $230M

Shaul Kuba, Richard Ressler and Avi Shemesh’s CIM Group sold an 11-acre West Hollywood studio campus to its favorite client: itself. CIM CFO David Thompson signed the deal to trade the recently revamped 107-year-old complex known as ...

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  • 25 Jun
  • The Real Deal
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$10M home trade marks Silver Lake’s priciest deal ever

Los Angeles’ Silver Lake neighborhood just bested itself with a new record residential closing. The sale of 1844 Silverwood Terrace for $10 million beats the Eastside neighborhood’s historical high of $8.6 million set in 2014 for 2138 ...

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  • 25 Jun
  • The Real Deal
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If Rick Caruso were California’s next governor, it’d be all about “attacking regulation”

Rick Caruso’s been asked ad nauseum if he’s running for mayor or governor (he’ll decide at the end of the summer). One question that hasn’t been posed as much: If he was California’s next governor, what would he focus his time and ...

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  • 25 Jun
  • The Real Deal
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LA hotel owners stop renovations, look to sell amid minimum wage hike

With less than a week before Los Angeles’ minimum wage increase ordinance goes into effect, some local hotel owners are panicking.  Pebblebrook Hotel Trust CEO Jon Bortz is among those considering selling properties, The Wall Street ...

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  • 25 Jun
  • The Real Deal
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Post Investment Group grabs Northridge apartments for $51M

The Candlewood North apartment complex in Northridge has a new owner.  Beverly Hills-based Post Investment Group bought the 189-unit residential community at 9830 Reseda Boulevard for $51.1 million, the Los Angeles Times reported. The ...

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  • 25 Jun
  • The Real Deal
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Terreno Realty nabs Orange County Home Depot for $50M

Terreno Realty is showing how doers get more done with its acquisition of a Home Depot in Orange County.  The San Francisco-based industrial real estate firm spent $49.5 million for 3500 West Macarthur Boulevard in Santa Ana, L.A. ...

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  • 24 Jun
  • The Real Deal
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Case Study 2.0 aims for swift Palisades, Altadena rebuild minus “cookie-cutter” look

Backen & Backen’s single-level home design in muted, earthy tones could work for an Altadena or Pacific Palisades lot. Solkatt’s Altadena concept offers a striking pitched roof with an exterior of seam metal panels. AAHA Studio’s ...

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  • 24 Jun
  • The Real Deal
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MG Properties drops $144M for Anaheim apartment complex

MG Properties is adding another big-ticket deal to its list of acquisitions in the past year, this time in Orange County.   The San Diego-based investment and property management firm has paid $144 million for Citron, a 314-unit ...

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  • 24 Jun
  • The Real Deal
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Affinius Capital injects $55M investment into Latigo Group housing plans

The Latigo Group’s proposed housing development in Thousand Oaks is moving forward with the financial blessing of Affinius Capital.  On Monday, the San Antonio-based Affinius announced it plans a $54.7 million preferred equity ...

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  • 24 Jun
  • The Real Deal
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  • Recent Posts

    • SoCal resi market sees wave of deal cancellations continue July 2, 2025
    • Related, Newland acquire former Forever 21 HQ in $120M deal July 2, 2025
    • LA office availability increases “amidst uncertainty over industry consolidation” July 2, 2025
    • California legislature overhauls CEQA to pave way for construction boom July 1, 2025
    • Trousdale Estates nabs neighborhood’s priciest trade this year with $32M close July 1, 2025
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