Pacifica Hotels has received a nine-figure refinancing package for a portfolio of seven Southern California hotels. Goldman Sachs supplied a five-year, fixed-rate commercial mortgage-backed securities loan for six of the hotels, while ...
The $90 million commercial mortgage-backed securities debt connected to a mixed-use property on Third Street Promenade landed in special servicing before its December maturity date due to imminent monetary default, according to ...
Star agents David Parnes and James Harris are calling it quits as business partners but will remain with Beverly Hills boutique brokerage Carolwood Estates. Parnes and Harris helm the 11-agent Bond Street Partners team at Carolwood and ...
Northmarq and Advanced Real Estate are continuing their refinancing partnership with a new deal in Orange County. Minneapolis-based Northmarq originated a $50.1 million Freddie Mac refinancing loan tied to River House Apartment Homes ...
“The math ain’t mathing,” said Chris Tourtellote, managing director at Marina Del Rey-based LaTerra Development, on developing new apartment buildings in the City of Los Angeles. That sums up the seeming political impetus for a state ...
Los Angeles’ infamous “Trash House,” previously freed of debris and detritus, is once again covered in garbage. A year after residents in the Fairfax District complained about piles of trash at a home on Martel Avenue, it has once ...
Manhattan Beach got some star power to go along with its most expensive home sale ever, as Los Angeles Lakers point guard Luka Dončić dropped $25 million for tennis star Maria Sharapova’s former pad. The home in the city’s Hill Section ...
La Cañada Flintridge, in the foothills of the San Gabriel Valley’s Verdugo Mountains, is home to NASA’s Jet Propulsion Laboratory and Descanso Gardens. It also contains the 1.3-acre site of a battle over housing that’s become a case ...
The sky is the limit for a 2.3-acre open patch of the downtown Los Angeles entertainment district. That is provided someone buys the billing behind the $100 million listing that just hit the market, The Real Deal has learned. The ...
California legislators are looking to stop some of the bleeding brought on by Measure ULA, or the so-called “mansion tax” in the City of Los Angeles. On Tuesday, lawmakers released a bill that seeks to cut tax rates for some newly ...