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Faring and Envision Hotel buy Beverly Hills office building for $90M

Jason Illoulian and fashion and hospitality entrepreneur Frank Zarabi have bought one of Tishman Speyer’s two remaining Beverly Hills office buildings for $90 million. A joint venture between Illoulian’s Faring and Zarabi’s Envision ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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LA grants entitlements on public housing redevelopment in San Pedro

San Pedro will move toward higher density with the City of Los Angeles Planning Commission granting key entitlements to a trio of affordable housing developers to supplant a longstanding public housing project near the Port of Los ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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Hilton & Hyland finds new manager in Sotheby’s International’s Steve Katz

Hilton & Hyland is looking to its freshly appointed Managing Director Steve Katz to steer the brokerage after its former president’s departure a week ago. The Beverly Hills agency named Katz to the position, tapping the former ...

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  • 23 Dec
  • The Real Deal
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Warehouse law pushes developers to look at far-flung Inland Empire sites

Warehouse developers in the Inland Empire are keeping a close eye on a new law that could push projects into far-flung desert markets. Builders are tracking how Assembly Bill 98, signed into law this year by Gov. Gavin Newsom, will ...

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  • 21 Dec
  • The Real Deal
  • Uncategorized
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ValueRock revamps south OC shopping center with Tesla dealership

ValueRock Realty Partners has redeveloped a shopping center in south Orange County to include the region’s largest Tesla dealership. The Irvine-based developer led by David Lee has revamped the 21-acre retail center formerly anchored ...

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  • 21 Dec
  • The Real Deal
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Fashion pioneer Julie Wainwright sells Trousdale Estates home for $11M

Fashion entrepreneur Julie Wainwright found just the right fit in a buyer for her contemporary Trousdale Estates home, The Real Deal has learned.  Wainwright, founder and former CEO of luxury consignment company The RealReal, sold her ...

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  • 20 Dec
  • The Real Deal
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Bing Crosby’s former house offers history but not a White Christmas

Don’t expect a White Christmas at this one-time homestead of Bing Crosby — even if you drop $13.5 million for the mix of luxury and history that stretches back to the crooner’s ownership in the mid-20th century. The former Crosby pad ...

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  • 20 Dec
  • The Real Deal
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CityView buys rare large multifamily in Hollywood Hills for $36M

It looks as though CityView has landed a rarity and a bargain with one deal in the Hollywood Hills. The Los Angeles-based multifamily investor and developer bought one of the two apartment buildings with more than 100 units in the tony ...

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  • 20 Dec
  • The Real Deal
  • Uncategorized
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Category adds 105 units to approved project in East Hollywood

Category is upping its residential game in East Hollywood.  An affiliate of the West Hollywood-based developer led by Daniel Pourbaba has revised its plans to build a 145-unit affordable housing complex at 511 North Hoover Street, ...

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  • 20 Dec
  • The Real Deal
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City of Hope pays $89M for 52 acres next to cancer center in Irvine

City of Hope has paid $88.5 million for 52 acres surrounding its $1 billion cancer center now under construction in Irvine. The Duarte-based healthcare provider bought the land and the four-story headquarters building for FivePoint ...

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  • 20 Dec
  • The Real Deal
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