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Developer Thomas Beadel eyes affordable apartments in Studio City

Developer Thomas “Tommy” Beadel has a new pitch for the city of Los Angeles: develop a five-story, 100 percent affordable housing project in Studio City. That’s according to Los Angeles City Planning documents filed earlier this month, ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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Renewals dominate LA’s top office leases for 2024

Tenants largely stayed put in 2024, with few looking to take the leap into new offices. That’s reflected in this year’s list of the largest leases in Los Angeles County, with the roundup dominated by renewals and only two new deals. ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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San Pedro Fish Market leases 55K sf restaurant in West Harbor

A floundering San Pedro Fish Market has cut a deal with Ratkovich Company and Jerico Development for a 55,000-square-foot restaurant in San Pedro’s West Harbor development. The 68-year-old market has signed a 49-year lease with the ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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Category beats appeal trying to block 45 apartments in West LA

Category has beat back an appeal trying to block construction of a 45-unit apartment complex in West Los Angeles. The West Hollywood-based developer led by Daniel Pourbaba was approved by the Los Angeles City Planning Commission to ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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R2H eyes 230-unit affordable apartment complex in Northridge

R2H Development wants to bulldoze a century-old house in Northridge to build a 230-unit apartment complex. The Granada Hills developer led by Aaron Mensch has filed plans to build the five-story building at 17719 West Kinzie Street, ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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Birds Streets home with 100-year-old olive tree enters contract with $16M ask

A Hollywood Hills home in the Bird Streets neighborhood offered a bit of everything as it topped out the list of L.A. County homes that went into contract last week. The four-bed, fourth-bath residence at 1424 Tanager Way promoted its ...

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  • 24 Dec
  • The Real Deal
  • Uncategorized
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Pasadena landlords join registry required by rent control law

Two out of three landlords of rent-controlled apartments in Pasadena have signed up for a controversial database, leaving a third of the property owners out of compliance. By Sunday’s registration deadline, 64 percent of the city’s ...

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  • 24 Dec
  • The Real Deal
  • Uncategorized
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Former Commerce official admits to $120K parking lot kickback scheme

A former city manager for Commerce accused of public corruption has secretly pleaded guilty to federal charges of accepting $120,000 in bribes for allowing big-rigs to park on city lots. Edgar Cisneros admitted he pocketed up to ...

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  • 24 Dec
  • The Real Deal
  • Uncategorized
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Sue Gross’ Beverly Hills home sets record with $33M sale

Sue Gross, the ex-wife of PIMCO co-founder Bill Gross, is closing out 2024 in a big way. Her home at 984 North Alpine Drive sold on Monday for $33 million, nabbing a price per square foot in Beverly Hills of $5,024, according to the ...

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  • 24 Dec
  • The Real Deal
  • Uncategorized
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Faring and Envision Hotel buy Beverly Hills office building for $90M

Jason Illoulian and fashion and hospitality entrepreneur Frank Zarabi have bought one of Tishman Speyer’s two remaining Beverly Hills office buildings for $90 million. A joint venture between Illoulian’s Faring and Zarabi’s Envision ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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