Rockwood Capital may be out of time. Special servicer Rialto Capital Advisors sued a company connected to Rockwood over a loan secured by the Santa Monica Clock Tower, once the city’s largest skyscraper. Rockwood assumed $26.7 million ...
Beverly Hills Estates co-founder and CEO Rayni Williams was talking about Measure United to House L.A., better known as ULA or the mansion tax, when she paused to check her demeanor. “Sorry if I’m shouting,” Williams said, a bit ...
That’s encouraging,” Amalfi Estates’ Anthony Marguleas murmured as he peered out the window of his coffee beige Porsche to get a look at a school bus on Sunset Boulevard. What would hardly warrant a second glance elsewhere was cause ...
A Principal Financial Group subsidiary sold an industrial property in Fullerton to its occupier: Future Foam. The family-owned foam maker purchased the facility on 17 acres at 1050 S. State College Boulevard for $145 million, according ...
A Beverly Hills estate once owned by Los Angeles developer and former mayoral candidate Rick Caruso was the most-expensive home sale in the country last month. Caruso’s former home, at 912 Benedict Canyon Drive, sold for $47.5 ...
A planned office and retail development next to the Los Angeles Chargers’ new headquarters is instead going to become a wet and wild hotspot for surfers. An affiliate of billionaire Vinny Smith’s Toba Capital spent $54 million for a ...
Hines is adding to its collection in Los Angeles’ Westside. Hines Global Income Trust bought the Runway mixed-use property in Playa Vista for $428 million, L.A. Business First reported. The seller was Invesco Real Estate, which last ...
The owner of a trendy hotel-meets-hostel downtown defaulted on its debt to the tune of $71 million and faces foreclosure. The borrower, a company connected to Generator Hostels, failed to make payments to lender Trimont on a loan tied ...
A Mulholland Estates home asking nearly $22 million was last week’s top home to go into contract as Los Angeles County tightens its grip on deal flow. That’s the word from Douglas Elliman’s Eklund Gomes team’s Eklund Weekly Luxury ...
Some of the biggest mansions in and around Los Angeles haven’t been fetching anywhere near their original listing prices, despite former ownership by some big-name celebrities. This month alone, homes once owned by Milwaukee Brewers ...