Rose Equities has purchased an office building in Torrance with approved plans to replace it with a 272-unit apartment complex for $30.6 million. The Beverly Hills-based developer led by Leonard Glickman bought the 60,800-square-foot ...
Summer slowdown? Not for Los Angeles’ luxury residential market. Buyers signed 18 contracts for a total volume of about $107 million between July 1 and July 7, according to a report from Douglas Elliman brokerage team Eklund Gomes. ...
Albertsons is selling more than hot peppers and cold beer. The grocery chain is selling 63 supermarkets in California ahead of a trial to decide its pending merger with Kroger. Kroger released the full list of stores, distribution ...
Alliant Communities is building a 332-unit workforce and affordable apartment complex in Van Nuys. The Calabasas-based developer once known as Alliant Strategic Development is constructing the six-story complex at 7050-7068 North Van ...
A buyer has emerged for a 1916 Colonial Revival estate in Pasadena, rich in California architectural history, The Real Deal has learned. The Knoll House at 2 Oak Knoll Terrace, which went up for auction June 19, is now under contract ...
In 2017, John Kralik opened up a fund for investors to pump money into fix-and-flip homes, mostly in Southern California. The play was simple: buy distressed homes for between $750,000 and $1.5 million, renovate and flip them for a ...
Unvarnished founder Scott Gillen has nabbed the first buyer for his sprawling, five-estate Malibu spec community, called The Case, and is working to close a second. The Malibu home, called The Edge, sold for $61 million, according to ...
Core Development Group wants to demolish a 12-story office building in Santa Ana to make way for a 162-unit apartment complex. An LLC tied to the Los Angeles-based firm, run by Philip Rahimzadeh, has proposed razing the Wells Fargo ...
The Slatkin brothers, Edward and Thomas, have refinanced two of their marquee hotels in Santa Monica, with $400 million in new debt. The Slatkins, who run Edward Thomas Collections, scored a $280 million loan to back the 198-key ...
A lender to FMB Development’s Ilan Kenig claims the developer has refused to leave a home in Pacific Palisades after losing it to foreclosure. VIG Private Lending, a hard money lender run by Vladimir Valsky, filed a lawsuit against ...