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Former AbbVie boss sells Hidden Hills estate for $22M

Former AbbVie CEO Richard Gonzalez sold his Hidden Hills home for $21.7 million in the pharma executive’s latest real estate move this year. The closing had been expected after the six-bed, 10-bath home at 24200 Hidden Ridge Road ...

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  • 04 Dec
  • The Real Deal
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Consortium scores $473M bond financing for senior complex in Irvine 

A consortium of developers has landed $473 million in bond financing for a 350-unit luxury senior housing complex in Irvine, a record for single-site senior living bonds, according to JLL. Harbert South Bay Partners, Lamb Properties, ...

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  • 04 Dec
  • The Real Deal
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Max Nobel lists former Beverly Hills home of Kiss rocker Gene Simmons for $34M

Developer Max Nobel has chopped a third off the listing price of a Beverly Hills mansion once owned by Kiss rocker Gene Simmons. The new asking price: $34 million. The head of Nobel Architecture and Interior Design, based in Calabasas, ...

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  • 03 Dec
  • The Real Deal
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Fashionista’s Bel-Air manse listed at $43M caps LA contracts

A fashion designer’s 1920s Spanish-style home capped L.A. County signed contract activity during the short Thanksgiving holiday week. That’s according to the Eklund Weekly Luxury Report Los Angeles, which counts homes listed at $4 ...

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  • 03 Dec
  • The Real Deal
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Diico Properties plans hotel-apartment complex in Santa Monica

Diico Properties has unveiled the look of a builder’s remedy hotel-apartment project in Santa Monica. The Beverly Hills-based developer led by Ely Dromy has revealed renderings of the eight-story building at 1420 20th Street, in ...

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  • 02 Dec
  • The Real Deal
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Newmark hires two multifamily debt experts in Orange County 

Newmark expects to pile on the multifamily debt in Orange County. The New York-based brokerage and services firm is expanding its debt advisory platform in Southern California with two new multifamily advisors at its Irvine office, the ...

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  • 02 Dec
  • The Real Deal
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Norwalk gives nod to 32-acre transit housing village

The City of Norwalk has greenlighted a plan to turn a former state youth jail into a 32-acre retail village. The Gateway City approved a specific plan to redevelop the former California Youth Authority prison into Norwalk Transit ...

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  • 02 Dec
  • The Real Deal
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Tishman Speyer, Mitsui Fudosan get $85M construction loan for OC project

Tishman Speyer has secured financing for its debut as an industrial developer in Southern California. The New York-based Rockefeller Center landlord and Mitsui Fudosan America scored an $84.7 million construction loan from JPMorgan ...

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  • 02 Dec
  • The Real Deal
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Thanks, Jerry: Meet the LA landlord who helped defeat the county’s progressive DA

Nathan Hochman’s campaign had been in celebration mode all day. The former federal prosecutor was about to unseat Los Angeles County District Attorney George Gascón, and anyone invested in real estate in the county was popping the ...

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  • 02 Dec
  • The Real Deal
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Beverly West penthouse sells for $24M in LA’s priciest condo trade

Signs of life in Los Angeles’ luxury condo market materialized in a big way with a record deal at Beverly West. The top-floor penthouse in the luxury high-rise next to the Los Angeles Country Club closed on Tuesday for $23.5 million, ...

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  • 27 Nov
  • The Real Deal
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  • Recent Posts

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