Two value haircuts and a discounted sale. That’s the news out of a distressed Los Angeles office sector. Let’s start downtown, where it hurts the most. The 21-story Wedbush Center was recently appraised at $60.5 million compared ...
Big titles, turnover and dysfunction. Malibu’s revolving door of key staffers could be cause for concern as the community faces recovery from two massive fires. Former Planning Director Richard Mollica resigned last July, replaced by ...
Beverly Hills could soon arrange for a major financing boost for the $5 billion One Beverly Hills redevelopment in Beverly Hills. The Beverly Hills City Council on Aug. 19 will consider authorizing the issuance of up to $550 million in ...
A nine-story Pasadena office tower traded hands at a discount. Swift Real Estate Partners sold the property to GD Realty for $31.5 million, Omid Broukhim, who represented the buyer, said. The buyer and a source familiar with the ...
Fear of God founder Jerry Lorenzo and his family are ready to cut ties with their Los Feliz residence after snapping up a new pad elsewhere in Los Angeles. The upscale streetwear designer listed 2401 Nottingham Avenue this week for ...
Louis Naidorf, the architect responsible for Los Angeles’ iconic Capitol Records Building and a passel of other landmarks of the region’s commercial real estate landscape has died at age 96. Naidorf’s longtime friend Mike Harkins ...
Dick Lucas wants to “legalize building” in California. Is that just a Dick thing to say, as he would have you believe in his campaign for the California State Assembly? Or is Lucas confused? Conventional wisdom might indicate as much ...
Northmarq is coming to the aid of Advanced Real Estate with a nearly $110 million refinancing deal. The Irvine-based landlord secured a $109 million debt package to refinance three apartment communities in Anaheim and Azusa, ...
A superior court judge in Los Angeles County ruled Tuesday that Beverly Hills violated state housing law in its attempt to block Leo Pustilnikov’s proposal for a 19-story apartment building with a hotel and restaurant. The city will ...
A Beverly Hills property once owned by developer Rick Caruso has traded hands for $47.5 million. The sale of the seven-bed, 15-bath home at 912 Benedict Canyon Drive was inked in late July and recorded with Los Angeles County this ...