‘Tis the season of delinquency, and not a merry one for Los Angeles office landlord David Lee’s Jamison Properties. A $35.4 million commercial mortgage-backed securities loan tied to Jamison’s 811 Wilshire Boulevard went to special ...
Lincoln Property Company got a $197 million acquisition loan from Blackstone Group to finance its purchase of The Bluffs at Playa Vista office complex, sources told The Real Deal. Lincoln Property, along with its partner Strategic ...
Advanced Properties wants to build a 51-unit affordable housing complex in East Hollywood. The Hollywood-based limited liability company led by Michael Eghbali has filed plans to build the five-story apartment building at 1301 North ...
Hankey Capital is claiming default on a Spanish Revival mansion in Brentwood, with a possible auction scheduled for the first week of January, The Real Deal has learned. The property, located at 306 North Cliffwood Avenue, comprises ...
Apartment rents are expected to rise as much as $148 a month in the next few years across Southern California, with multifamily construction not keeping up with demand. Rents will increase between $110 and $148 a month across the ...
Yaniv Nehemia of JNY Investments isn’t the bragging type. The spec residential developer would rather not point out that his project at 538 Chautauqua Boulevard set a record in the Pacific Palisades market earlier this year, trading in ...
John Mayer and Joseph McGinty Nichol have agreed to buy the Jim Henson Company Lot in Hollywood, founded a century ago by Charlie Chaplin, for $40 million. The singer-songwriter and movie director known as McG cut a deal to purchase ...
Mauricio Umansky is juggling plenty these days. The co-founder and CEO of The Agency has his hands full opening offices at a rate of roughly 30 a year. That’s flanked by a number of other projects that have placed the brokerage’s and ...
L.A.’s mansion tax, meant to take from the rich to pay for housing for the poor, has taken its toll on nonprofit homebuilders with millions in unexpected fees, curbing the development of affordable homes. In the last year, two ...
Nashville has come to Beverly Hills, with a 32,000-square-foot office lease. Concord, a Nashville-based independent music firm with 125,000 artists in its stable, leased the sixth-floor penthouse at Wilshire & Palm at 9171 ...