The owners of a nine-story building known as Pasadena Office Tower face foreclosure in the wake of a notice of default on $40 million debt and election to sell that was recorded earlier this month. The commercial mortgage-backed ...
Brookfield Properties has offloaded part of another shopping mall in California. The Toronto-based investment management firm sold The Shoppes at Carlsbad in a $71.5 million transaction, Commercial Observer reported. A joint venture ...
Meta Housing Corporation is looking to build another affordable housing complex in Canoga Park’s Warner Center area. The Los Angeles-based firm submitted an application to build affordable apartments for senior citizens at 21010 ...
Compass’ $1.6 billion deal to buy Anywhere Real Estate set off market-share talk across the industry, but boutiques on the high end of the Los Angeles market aren’t sweating it. Carolwood’s Drew Fenton, CEO and co-founder of Los ...
A beachfront construction site in Malibu became the site of a rescue Wednesday. A construction worker was injured after a large crane overturned near a hillside in the 31300 block of Broad Beach Road just off the Pacific Coast ...
Hilton Hilton co-founders and co-CEOs Barron N. Hilton and Tessa Hilton have abruptly headed for the exit as they set up shop under the Compass banner in Beverly Hills and Palm Beach. News of the husband-and-wife team’s new move came ...
Developers from across the Los Angeles region came together to discuss the state of the construction market, the city, rebuilding efforts and more at The Real Deal’s inaugural roundtable event in Hollywood. Top of mind, among other ...
Media marketing agency Canvas Worldwide is moving its West Coast headquarters to another part of the Westside. The firm is relocating from Playa Vista to El Segundo, L.A. Business First reported. The lease expands the agency’s office ...
Santa Monica officials trashed a developer’s “Jenga” design concept for an apartment project. The city’s architectural review board unanimously approved a 260-unit housing development after the developer brought on a different ...
The owners of an apartment community in Los Feliz are the latest to score a refinancing loan from Mesa West Capital. Alliance Residential and PCCP secured a five-year, floating-rate $43.5 million loan from Los Angeles-based Mesa West ...