A consortium of offshore lenders has secured a place at the front of line for payment in case the China-based developers of Downtown L.A.’s three-tower, half-finished and graffiti-scarred Oceanwide Plaza finds a buyer. An issue that ...
Santa Monica Place’s new property manager wants to breathe new life into the ailing mall, after Macerich defaulted on a $300 million loan tied to the property last year. Prism Places said Thursday the court-appointed receiver for the ...
City Ventures has moved forward with plans to build 54 townhomes in South Gate. The Irvine-based developer aims to construct the three-story attached townhomes on a vacant lot at 10130 Adella Avenue, west of the Los Angeles River, ...
Hudson Pacific Properties has bagged a $475 million commercial mortgage-backed securities loan to refinance six office buildings in Los Angeles, San Francisco and Seattle. The Brentwood-based real estate investment trust secured the ...
A swank office building in Santa Monica owned by JPMorgan has some lively new tenants alongside the likes of Amazon.com, Oracle and AMC Networks: kids. Landlords in the upscale city have converted a combined 200,000 square feet of ...
L.A. County contract activity on the high end ticked up last week as the Winnick estate in Bel-Air boosted available inventory with its $175 million asking price. The 60-room estate, known as Casa Encantada, led last week’s ...
California housing officials are keeping an eye on Rancho Palos Verdes. The coastal city known for dramatic cliffs, horse trails and eye-popping home prices wants to scrap its housing element and draft a new one after Ali Vahdani ...
He’s baaack! Veteran leasing broker Tony Morales — who seemingly disappeared from the commercial real estate scene last year after working at JLL for more than 15 years — has reemerged. The former senior managing director of JLL’s Los ...
Martin Selig Real Estate has had seven older office properties shunted into receivership as it bleeds workers while struggling to pay off hundreds of millions in debt. The locally based investor laid off 86 workers and its special ...
Los Angeles-area landlords who allegedly gouged tenants in the aftermath of the devastating fires that tore through 12,000 homes face civil penalties of up to $62 million. The Los Angeles City Attorney’s office has filed a civil ...