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Westwood home clocks in as LA’s top contract with $16M ask

A Westwood residence listed for $16.2 million was last week’s high watermark when it came to Los Angeles County’s signed contracts.   That’s according to Douglas Elliman’s Eklund Gomes team, which produces a weekly roundup of the ...

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  • 17 Feb
  • The Real Deal
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$37M Sawtelle Japantown office loan lands in special servicing

The debt on an office building in West Los Angeles’ Sawtelle Japantown neighborhood landed in special servicing after the borrower failed to pay it off at its January maturity date, according to Morningstar Credit.  The named loan ...

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  • 17 Feb
  • The Real Deal
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Lennar affiliate plans resi conversion of 24-acre Irvine office campus after $232M buy

A 24-acre office campus in the Irvine Business Complex is due for a residential conversion after it sold for $232.1 million, fetching more than double its last sale price in one of Orange County’s largest recent land sales.  A joint ...

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  • 17 Feb
  • The Real Deal
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Toronto billionaire Prem Watsa in line for majority stake in Kennedy Wilson

Beverly Hills-based real estate investment firm Kennedy Wilson plans to go private in a $1.7 billion deal led by Fairfax Financial Holdings Limited senior management. The all-cash deal is expected to give Toronto-based Fairfax ...

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  • 17 Feb
  • The Real Deal
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Focus on TRD Data: Top Pomona industrial sale in 2025 nears $53M

A property at 2867 Surveyor Street sold for roughly $52.7 million in January 2025, maintaining the top industrial sale spot for the year, and blowing away the competition, according to Los Angeles County tax assessor data and research ...

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  • 17 Feb
  • The Real Deal
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Downsizing and departures in La La Land

Hilton & Hyland lost its managing director, and you could call industry reaction to the latest in the brokerage’s saga muted to say the least. Steve Katz, who joined the brokerage a  little over a year ago, exited quietly shortly ...

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  • 15 Feb
  • The Real Deal
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Battle brewing over six surface parking lots downtown near LA Live

Parking lots can be the most vanilla of commercial real estate assets, but they can be spicy when they’re at the center of a complaint about an alleged conspiracy. Criscione Meyer Entitlement, which owns six downtown Los Angeles ...

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  • 14 Feb
  • The Real Deal
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Carolwood duo closes out pair of Los Feliz deals in “mixed” market

A power duo on Los Angeles’ Eastside cleaned up this week with a couple of closings, despite more “sensitive” conditions for the area’s high end. Carolwood Estates’ Jonathan Mogharrabi and Marci Kays, who count the actor Brad Pitt ...

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  • 13 Feb
  • The Real Deal
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Rom Investments proposes six-story project in Hollywood

The site of several demolished properties in Hollywood will become a 33-unit apartment complex from local developer Rom Investments. Based on an application submitted to the Los Angeles Department of City Planning, the apartments would ...

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  • 13 Feb
  • The Real Deal
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Alleged Burbank home fraud scheme involved neither seller nor buyer

Federal prosecutors have charged four individuals in a fraud scheme that resulted in the bogus sale of a Burbank home for $1.5 million, with neither the legitimate homeowner nor the purported buyer aware of the transaction.  According ...

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  • 13 Feb
  • The Real Deal
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