It’s a done deal. Former Crown Resorts chair James Packer’s $110 million purchase of a Bel-Air estate on Nimes Road has officially closed, The Real Deal has learned, making it Los Angeles County’s priciest deal so far this year by a ...
Developer Eli Sasson filed for Chapter 11 protections to avoid foreclosure on a Beverly Hills mansion he listed for $88 million three years ago. The octogenarian builder, known for his battle to redevelop the South Los Angeles site of ...
Kanye West’s previous pad in Malibu made headlines again this past week when it appeared in the No. 1 spot among signed contracts in L.A. County, with a $39 million asking price. The weekly contracts list from Douglas Elliman’s Eklund ...
Burlington will cram coats and suits inside two closing Joann stores once stuffed with fabrics and arts-and-crafts supplies in Southern California. The New Jersey-based apparel retailer once known as Burlington Coat Factory has taken ...
Louis Vuitton has unveiled the look of its proposed superstore in Beverly Hills: two windowless three-story buildings designed by Frank Gehry that resemble a white lotus flower. The Paris-based luxury retailer drew the curtain on plans ...
Retail real estate investor Mushmel Properties paid $20.9 million for a Ralphs-anchored retail property in the South Park neighborhood of downtown Los Angeles. The family-owned investment firm is based in Sherman Oaks and will add the ...
Adam Rubin and Andrew Shanfeld’s Carolwood is in escrow to buy the 41-story EY Plaza for $130 million, or about $141 per square foot, The Real Deal has learned. The 11-year-old firm, which invests in real estate, hot sauce and a ...
Investors BKM Capital Partners and Kayne Anderson Real Estate have linked up with a plan to buy $1.5 billion in light industrial buildings across the U.S. The Newport Beach- and Florida-based investors formed a joint venture to commit ...
The tariff turmoil has turned bonded warehouses into a hot ticket for a few Los Angeles landlords. Importers still receiving shipments from overseas are scrambling to rent space in the bonded buildings, where they can buy time for ...
California’s population exodus has been stopped in its tracks. The state’s population has grown for the second straight year, with much of the growth in its largest cities, the Los Angeles Times reported, citing figures from the state ...