Los Angeles
Major Office Deal Takes Place in Hollywood, Possible Trend Forming
By Alex Girda, Associate Editor
A massive real estate deal was closed this week for the entertainment office building at 6922 Hollywood Blvd. The 12-story building traded hands between former owner CIM Group and Hudson Pacific Properties. The commercial real estate […]
Downtown Lives as Sports Developments Revitalize Once Obscure Area
By Alex Girda, Associate Editor
L.A. has struggled during the past two decades with the identity of a major city that couldn’t call any part of itself “Downtown.” But times have changed, and a new NFL stadium will do much to […]
Wright Masterpiece Trades; Developers Upbeat on Office, Industrial Outlook
By Alex Girda, Associate Editor
In the wake of the recent spike in transaction volume enjoyed by the Los Angeles luxury residential market, an architectural masterpiece has taken the spotlight. Ennis House, a 1924 hilltop residence in the city’s Los Feliz […]
Luxury Market Uptick Suggests Market Improvement Near
By Alex Girda, Associate Editor
The biggest home in Los Angeles County has changed hands. Candyland is waiting for its redubbing after the widow of TV producer Aaron Spelling sold her massive 56,500-square-foot mansion in Holmby Hills. In what constitutes one of […]
Kilroy Reportedly Pursuing Hollywood Property; JV Snaps Up Pasadena Campus
By Alex Girda, Associate Editor
Kilroy Realty is ready to fork out an impressive sum for a Hollywood office building. The Sunset Media Tower houses several media companies and is owned by a discouraging three dozen investors. Nevertheless, the West Los […]
Multi-family Sales, Refinancing Moves in Downtown L.A.
By Alex Girda, Associate Editor
National City Tower is now up for sale, according to a RenTV.com story. The historic adaptive reuse development is a residential building and is now available for purchase at the asking price of $32.8 million. The […]
Chino Hills Revitalization Begins with Shoppes; Bel-Air Mansion Sale Tops 2011
By Alex Girda, Associate Editor
A high-end lifestyle center located in the Inland Empire county of San Bernardino has managed to arrange a $61 million financing deal, RENTV.com reports. The 388,000-square-foot complex dubbed The Shoppes at Chino Hills, owned by Chino […]
Legal Dispute Over O.C. Fairgrounds Stalls Sale; Kennedy Wilson Buys Office Properties
By Alex Girda, Associate Editor
If Southern California seemed like it was lacking a good legal drama, the real estate sector stepped up to the plate recently with the state appeals court’s ruling on the sale process for the Orange County […]
Crystal Cathedral Bankruptcy Makes L.A. Real Estate Religiously Controversial
By Alex Girda
Los Angeles real estate has seen its fair share of ups and downs lately, but it is the diversity of the news generated by the sector that is its most recognizable characteristic. This past week’s share of headlines […]
Los Angeles Development Encountering Issues
By Alex Girda, Associate Editor
While a number of development projects have moved forward in recent weeks, others are hitting speed bumps, as evidenced by a couple of reports in The Los Angeles Times.
Retail developer Rick Caruso failed in his attempt […]