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Eaton fire cleanup 99% complete as Altadena residents seek rebuild options

Nearly all of the damage from January’s deadly Eaton fire has been cleared.  Crews have removed almost 99 percent of ash and debris from properties damaged in the January wildfire, Pasadena Now reported.  As of this week, 5,527 ...

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  • 01 Aug
  • The Real Deal
  • Uncategorized
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IDC Logistics leases 1.1M sf in LA County, Inland Empire

Another logistics tenant is expanding its footprint in the growing Inland Empire industrial market.  IDC Logistics, a third-party logistics provider based in Southern California, just signed the second-largest industrial lease in the ...

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  • 01 Aug
  • The Real Deal
  • Uncategorized
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Lender buys The Line Hotel in Koreatown for $68M

The lender of The Line Hotel in Koreatown has bought back the lodging out of foreclosure in a landmark sale for Los Angeles this year.  Corten Real Estate Partners purchased the hotel at 3515 Wilshire Boulevard from RECP Sydell ...

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  • 01 Aug
  • The Real Deal
  • Uncategorized
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Former Google CEO acquires Spelling Manor for $110M

Spelling Manor, one of L.A.’s largest mansions, can lay claim to a tie for the market’s priciest deal of the year after selling for $110 million on Thursday, The Real Deal has learned. The trade, which was recorded in the MLS, puts 594 ...

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  • 01 Aug
  • The Real Deal
  • Uncategorized
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Concord Capital grabs five historic apartment buildings across LA for nearly $80M

Concord Capital Partners is growing its multifamily holdings in Los Angeles.  The Beverly Hills-based investment firm paid $79 million to two sellers in separate deals for five historic properties in Hollywood, Koreatown and Westlake, ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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Tishman Speyer selling $200M-plus Beverly Hills office building

Tishman Speyer is selling the last in a three-office building portfolio in Beverly Hills for more than $200 million, a source familiar with the matter told The Real Deal. Maple Plaza, at 345 North Maple Drive, was built in 1987 and ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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Fisher Phillips grows Los Angeles footprint in city’s latest law firm expansion

The Los Angeles office market continues to attract so-called traditional companies like law firms. Fisher Phillips, an Atlanta-based labor and employment law firm, signed a new lease for 35,744 square feet at 515 South Flower Street in ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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Jamison plans another office-to-resi conversion in Koreatown

In the latest instance of adaptive office reuse for housing, a Koreatown office tower is set to be converted into apartments.  Jamison Services is planning to turn a 20-story office building at 3550 Wilshire Boulevard into 495 ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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Los Angeles council member urges Newsom to pause SB 9 in Palisades

A Los Angeles City Council member is appealing to Gov. Gavin Newsom to pump the brakes on a plan to build in the Pacific Palisades.  Council member Traci Park has sent Newsom a letter urging the governor to pause the application of ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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Los Angeles’ iconic “General Hospital” poised for $120M mixed-use overhaul

The Los Angeles County General Medical Center is set for a $120 million overhaul to turn it into the heart of a new health-oriented community.  County supervisors are poised to approve an initial $3.3 million in funding for Centennial ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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