Chartres Lodging Group has picked up a 179-room Mid-Century hotel next to the newly opened Intuit Dome in Inglewood for $57.2 million, triple what it traded for seven years ago. The San Francisco-based investor bought the Lüm Hotel at ...
A historic property, once home to the Hollywood Art Center School, is on the market for just under $7 million. The 3-acre estate at 2025-2027 North Highland Avenue is billed to prospective buyers as having the potential for as large as ...
Dozens of condominiums in Beverly Hills went on sale en masse on Wednesday after an investor group led by Michael Shvo defaulted on a $200 million loan linked to the properties. Some 44 condos in the Mandarin Oriental Residences ...
The City of Irvine has bought a 57,300-square-foot office building for use by administrative agencies for $13 million. The city purchased the two-story headquarters of RGP Property at 17101 Armstrong Avenue, the Orange County Register ...
Leaving town early last week for the Labor Day holiday didn’t appear a likely option for luxury residential agents. Los Angeles County saw a jump in signed contracts for homes worth $4 million or more to 28, for the week ended Sept. 1, ...
Salt Development has moved forward with a controversial plan to build nearly 500 apartments and six luxury homes in Anaheim Hills, while creating a 46-acre nature preserve. The Anaheim Planning Commission is expected to consider plans ...
One Cole Group has bought two retail buildings in Beverly Hills’ Golden Triangle for $39.2 million. The locally based investor led by David and Samuel Shaaya bought the storefront buildings with a combined 11,100 square feet at 350-354 ...
A Torrance apartment complex has traded for $71.5 million, underscoring the strength of the South Bay city’s multifamily market. Property records show the buyer of 25909 Rolling Hills Road is Japan-based Koto Estate Company, which ...
Allstate got the nod to jack up homeowners’ insurance rates across the state by more than a third in areas prone to wildfires. The Illinois-based insurer, the sixth largest in the state, will raise home insurance premiums by an average ...
It’s been a tough stretch for Los Angeles’ residential brokers, but that hasn’t stopped its top dealmakers from closing. Brokers have faced high interest rates, uncertainty around the National Association of Realtors’ new rules, ...