Hospitality
Placentia Joins Growing Wave of California Cities Pumping the Brakes on Short-Term Rentals
The Orange County town is extending a moratorium on new Airbnb permits while weighing regulations that could cap growth—even as STRs generate $235,000...
Hotel Owner Snaps Up Former Snapchat Offices in Venice for $31MM
Boutique hotelier Stefan Ashkenazy acquires Silicon Beach property at steep discount, highlighting ongoing struggles in West LA office market An entity affiliated with...
Blue Note Entertainment Group Opens 8,600 SQFT Jazz Club in Hollywood
JLL represented the landlord in the lease for jazz club’s 10th global location and fourth in the U.S. LOS ANGELES, CALIF., October 16,...
Toba Capital’s $54MM Deal in El Segundo May Lead to Surf Park at Former Raytheon Hub
In a transaction that underscores the dramatic transformation of Southern California’s aerospace corridor, Toba Capital has acquired a 9-acre slice of the former...
UC Irvine Bets Big on Art, Acquiring Orange County Museum of Art in Ambitious Cultural Play
The university takes control of a $98 million contemporary art facility, merging academic and public missions in a bid to become a major...
When the Government Shuts Down, Hotels Feel the Pinch
Federal closures create ripple effects across commercial real estate, with Washington’s hospitality sector bearing the brunt The federal government shutdown may seem like...
European Hotelier Queensgate Investments Defaults on $71MM Freehand Los Angeles Loan as Market Pressures Mount
London-based firm’s default highlights mounting challenges for Los Angeles hospitality sector London-based private equity firm Queensgate Investments has defaulted on $70.8 million in...
LA Sparks Announce $150MM State-of-the-Art Practice Facility in El Segundo
New home for Sparks basketball will deliver world-class performance resources, community engagement spaces, and a first-of-its-kind investment in women’s sports The three-time WNBA...
San Diego’s Midway Rising Development Clears Major Planning Hurdle
Mixed-Use Project Would Transform 50 Acres Around Pechanga Arena with Housing, Retail, and Enhanced Transit A sweeping redevelopment proposal for San Diego’s Sports...
280,000 SQFT SAC Health Brier Campus Opens in San Bernardino
Adaptive reuse project delivers a flagship health campus to expand access, advance equity and promote healing in San Bernardino San Bernardino, Calif., Sept....
Peachtree Group Provides $55MM Bridge Loan for Hotel Amarano Recapitalization in Burbank
Deal positions boutique property near major studios for recovery following pandemic-era disruptions Nimes Real Estate has secured $55 million in bridge financing to...
Brigantine Plans $25.5MM Waterfront Expansion in San Diego
The Brigantine restaurant group has secured preliminary approval to move forward with a $25.5 million redevelopment of its San Diego waterfront property, marking...
