The Slatkin brothers, Edward and Thomas, have refinanced two of their marquee hotels in Santa Monica, with $400 million in new debt. The Slatkins, who run Edward Thomas Collections, scored a $280 million loan to back the 198-key ...
A lender to FMB Development’s Ilan Kenig claims the developer has refused to leave a home in Pacific Palisades after losing it to foreclosure. VIG Private Lending, a hard money lender run by Vladimir Valsky, filed a lawsuit against ...
Judy Garland’s former Bel Air home, built the same year she was cast in “The Wizard of Oz,” has traded for $11.1 million, The Real Deal has learned. Escrow closed Friday on the nearly 2.7-acre estate at 1231 Stone Canyon Road. Property ...
Banc of California is unloading $2 billion in residential real estate loans, which it acquired after its merger with Pacific Western Bank last year. The Brentwood-based bank is selling the business-purpose mortgage loans picked up ...
Bain Capital has bought a majority stake in Archwest Capital, which loans money to residential real estate investors, for undisclosed terms. The Boston-based investor bought the Irvine-based lender led by Shawn Miller, whose management ...
Iconiq Capital is looking to sell two apartment towers in Downtown Los Angeles managed by Sentral, which focuses on providing hotel-like amenities and offering short-term rentals, The Real Deal has learned. The firm is selling the ...
A Holmby Hills megamansion owned by a former Armenian politician will be forfeited to the U.S. government and sold off for “the highest obtainable market price,” federal prosecutors said Monday. The forfeiture of 530 South Mapleton ...
Trojan Storage got a thumbs up to build a self-storage facility in Sylmar mated with 25 apartments above offices and art studios. The El Segundo-based developer led by Bret Henry was approved to build the 193,000-square-foot complex at ...
Newmark has snagged a top executive at CBRE with a background in multifamily to run its real estate office in West Los Angeles. The New York-based brokerage hired Dean Zander to serve as vice chairman for its hub in Century City, the ...
Hillcrest Real Estate wants a government handout to help pay for an 18-story addition to the Hilton Universal City hotel next to Universal Studios Hollywood. The firm, based at the same Studio City office as Sun Hill Properties, both ...