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Caruso swings against Bass recall 

Billionaire developer Rick Caruso, who poured more than $100 million into a failed bid to defeat Karen Bass for Los Angeles mayor, isn’t shy about bashing the seasoned pol. But the owner of upscale shopping centers fell short of ...

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  • 19 Mar
  • The Real Deal
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Post Investment Group pays $71M for Chaparral Apartments in Palmdale

Jason Post’s Post Investment Group planted a flag in Antelope Valley north of Los Angeles, The Real Deal has learned. The Beverly Hills-based investor paid $71 million to buy Chaparral Apartments, a 296-unit rental complex spanning 16 ...

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  • 19 Mar
  • The Real Deal
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Developers trim Koreatown vision by 32 floors

Townline and Forme Development have trimmed the towering height of a proposed apartment building in Koreatown, which won a preliminary nod for eight stories. The Los Angeles City Planning Commission approved the latest plan by the ...

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  • 18 Mar
  • The Real Deal
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Savills to consolidate DTLA, Westwood offices in Century City

Savills is consolidating its two Los Angeles offices — one in Downtown and the other in Westwood — and expanding with a move to around 20,000 square feet in Century City.  The tenant-side brokerage plans to take the entire 11th floor ...

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  • 18 Mar
  • The Real Deal
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Haley Hospitality buys 121-room hotel in Laguna Hills for $17M

Haley Hospitality Enterprises has snapped up a 121-room hotel in Laguna Hills for nearly $17 million after selling a hotel in Costa Mesa at a hefty profit for a hotel-to-residential conversion. The Lake Forest-based hospitality firm ...

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  • 18 Mar
  • The Real Deal
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Paramount Pictures, Nickelodeon CEO in contract to sell Beverly Hills home

Media and entertainment honcho Brian Robbins moved closer to striking a deal on his Beverly Hills contemporary pad in what marked last week’s top Los Angeles County home under contract. That’s according to the Douglas Elliman Eklund ...

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  • 18 Mar
  • The Real Deal
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Gehry-designed office building proceeds in Playa Vista

NSB Associates is back on track for an approved 196,000-square-foot office building designed by Frank Gehry in Playa Vista, which stalled four years ago because of a lawsuit. The Beverly Hills-based developer was reapproved by the Los ...

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  • 17 Mar
  • The Real Deal
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Former KB Home CEO lands $27M for Beverly Hills Flats manse

Former KB Home CEO Bruce Karatz inked a deal to sell his Beverly Hills mansion for $27 million as activity continues in the Flats. Karatz and his wife, socialite and philanthropist Lilly Tartikoff, sold 620 North Beverly Drive for ...

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  • 17 Mar
  • The Real Deal
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What’s smaller than a bungalow in East Hollywood? 

Melrose Ten wants to turn century-old bungalow apartments in East Hollywood into single-family homes and a duplex. The North Hollywood-based limited liability company led by Aaron Belliston has filed plans to convert the 1920s bungalow ...

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  • 17 Mar
  • The Real Deal
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Bass says she wants to pause Measure ULA. Is she allowed?

Los Angeles Mayor Karen Bass has apparently grown cool toward Measure ULA. The mayor said there’s cause to temporarily suspend the city’s two-year-old “Mansion Tax” and might try to do so herself, if she can find a way. “Maybe ...

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  • 17 Mar
  • The Real Deal
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