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Onni Group seeks office-to-resi conversion in Hollywood  

Onni Group is tweaking its plans for an office development in Hollywood to include housing.  The Vancouver-based firm is looking to add a new 14-story building to the historic Howard Hughes Headquarters Building site at 7000 West ...

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  • 18 Aug
  • The Real Deal
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More office distress in Los Angeles 

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 ...

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  • 16 Aug
  • The Real Deal
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Malibu real estate ready to rebuild, but city turnover stalls recovery

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 ...

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  • 16 Aug
  • The Real Deal
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Cain International seeks $550M in bonds for One Beverly Hills 

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 ...

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  • 15 Aug
  • The Real Deal
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From $59M to $31M: Swift sells Pasadena office building 

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 ...

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  • 15 Aug
  • The Real Deal
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Fear of God’s Jerry Lorenzo looks to unload Los Feliz home for $10M

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 ...

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  • 15 Aug
  • The Real Deal
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Capitol Records Building architect Louis Naidorf dies at 96

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 ...

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  • 15 Aug
  • The Real Deal
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“Legalize building”: Tech exec hits on real estate in bid for State Assembly

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 ...

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  • 15 Aug
  • The Real Deal
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Advanced Real Estate lands $109M refi for suburban apartments

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, ...

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  • 15 Aug
  • The Real Deal
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Pustilnikov beats Beverly Hills on Builders Remedy

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 ...

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  • 14 Aug
  • The Real Deal
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