Private equity looks for retail bargain with $145M for Long Beach center
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LA City Council allows Los Feliz mixed-use project to advance after appeal
A mixed-use development in Los Feliz will move forward after facing an appeal that threatened to stop it from rising. The Los Angeles City Council voted to uphold the approval of a project from Benny Pirian of Vermont Real Estate that ...
Harris, Fahimian corner Flats, tote up $76M with latest deal in Beverly Hills enclave
The fast-growing business of Jack Harris and Michael Fahimian is now clocking over $76 million in Beverly Hills Flats deals this year with the duo’s latest closing. The Beverly Hills Estates agents confirmed the closing of 722 North ...
Billionaire developer Donald Bren needs only 12 words to cut son loose over alleged scam
The richest real estate developer in America didn’t spend a lot of words in cutting off one of his sons amid allegations of a high-flying con job in Beverly Hills. A spokesperson for Donald Bren, chairman and owner of Irvine Company, ...
Cushman & Wakefield tapped to find rooftops for flying taxis in LA
As electric air taxi services approach Federal Aviation Administration approval, one of the nation’s biggest operators of aircraft landing sites is working to secure real estate in Los Angeles. VertiPorts by Atlantic, a subsidiary of ...
Focus on TRDData: LA’s priciest condo sale
Nail-polish money provided the gloss for the biggest condominium sale in Los Angeles County in the first half of the year, with former OPI nail polish executive Miriam Schaeffer paying $39.1 million purchase of a full-floor penthouse ...
Broken records: Superlatives, squeals on rankings
Rankings and superlatives are probably the one thing agents and brokerages can agree they love to hate and then love again. Most are unable to look away from perusing said rankings even if they take issue with the methodology. With ...
Key data point in L.A. hotel sector: pain
Own a hotel in Los Angeles? Then, you’re probably feeling some pain. Relevant’s Grant King is these days. A lender wants to sell the equity interests in the Dream Hollywood hotel, owned by a company connected to Relevant. A ...
Aflalo Equities pitches builder’s remedy projects to Beverly Hills
The City of Beverly Hills will consider greenlighting two builder’s remedy projects from a local family-owned property management and development firm. Aflalo Equities’ proposal for two eight-story residential buildings will go before ...
Taxpayers on hook for Skid Row’s $1B trio of homeless housing towers
Three skyscrapers in downtown Los Angeles designed to house the homeless could end up costing federal taxpayers more than $1 billion. Homeless services nonprofit Weingart Center Association is behind the three towers, which would ...