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DJM and PGIM list Bella Terra mall in Huntington Beach for sale 

DJM Capital and PGIM have listed an 853,000-square-foot shopping center approved for 300 homes in Huntington Beach. The outdoor mall could fetch $300 million. The San Jose-based developer and the real estate arm of Prudential ...

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  • 20 Apr
  • The Real Deal
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AIDS Healthcare Foundation buys six buildings on Skid Row for $27M

A court-ordered receiver has approved an offer by the AIDS Healthcare Foundation to buy six hotel and apartment buildings for homeless residents on L.A.’s Skid Row for $27 million. The Hollywood-based nonprofit, the world’s largest ...

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  • 20 Apr
  • The Real Deal
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Long Beach ups zoning so Linc Housing can build affordable apartments

Long Beach has upgraded its zoning to allow Linc Housing to build 72 affordable apartments and other developers to build homes in “high resource” neighborhoods. The City Council approved the zone change to allow the locally based ...

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  • 19 Apr
  • The Real Deal
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Decron pumps cash from LA sales into $69M multifamily buy in Phoenix

Decron Properties cashed out of Los Angeles and into Phoenix.  After selling two apartment complexes in Thousand Oaks, Decron has bought a 266-unit complex in Glendale, Arizona, for $69 million, the firm announced Wednesday.  Decron ...

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  • 19 Apr
  • The Real Deal
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Centurion Partners to end capital lease with $100 sale of Orange offices

Centurion Partners is poised to sell five office buildings in Santa Ana at the end of a decades-long, capital-lease deal for $100. The Newport Beach-based developer led by Scot Matteson will close its deal with the County of Orange ...

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  • 19 Apr
  • The Real Deal
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Macerich faces “imminent” default on $300M Santa Monica Place loan

Macerich has an episode of déjà vu, after a $300 million loan on its Santa Monica Place mall goes to special servicing — the second time in two years.  The loan on the 527,000-square-foot mall is expected to see “imminent maturity ...

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  • 19 Apr
  • The Real Deal
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Panot Capital snags $51M loan for vintage apartment buildings in LA

Panot Capital has scored a $50.8 million loan to refinance 10 century-old apartment buildings in Hollywood and other parts of Los Angeles. The Houston-based investor led by Aaron Iskowitz and Zain Sayed secured the loan for the vintage ...

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  • 18 Apr
  • The Real Deal
  • Uncategorized
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Kanye West drops price of gutted beachfront home in Malibu to $39M

Kanye West has knocked $14 million off the price of a beachfront house in Malibu he has stripped of any windows, doors and wiring.  The rapper and designer has relisted his gutted, 4,000-square-foot concrete house designed by Japanese ...

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  • 18 Apr
  • The Real Deal
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LA Real Estate Forum

The Real Deal’s LA Real Estate Forum is back bigger and better than ever! Join us on September 12, 2024, at the Beverly Wilshire for a day of networking with 800 fellow real estate professionals. The post LA Real Estate Forum appeared ...

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  • 18 Apr
  • The Real Deal
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Mayor Bass wants wealthy Angelenos to pay for homeless housing

Los Angeles voters were asked to back a “mansion tax” to raise money for homeless housing after passing a $1.2 billion bond measure to build the same. Now Mayor Karen Bass wants rich residents and businesses to pitch in more money. ...

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  • 18 Apr
  • The Real Deal
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