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LA’s $1.2 Billion ‘Graffiti Towers’ Clear Major Bankruptcy Hurdle

Downtown development stalled since 2018 reaches settlement with creditors, paving way for potential sale ahead of 2028 Olympics After years of abandonment and...

AECCommercialFinanceHospitalityIndustry NewsLos AngelesRetail

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...

FinanceHospitalityIndustry NewsLos AngelesNews Releases

Welcome Inc. Buys 143-Room Hyatt Place in El Segundo for $49MM

LOS ANGELES, September 27, 2022 – JLL’s Hotels & Hospitality Group announced today that it has closed the $49 million sale of the...

AECHospitalityIndustry NewsLos AngelesNews Releases

AEG Plans 860-Room Expansion of J.W. Marriott in Los Angeles

LOS ANGELES, Jan. 25, 2021 – JLL’s Hotels & Hospitality Group announced today that in contemplation of a major expansion of the J.W....

CommercialIndustry NewsLos AngelesNews Releases

AEG Enters into Agreement with Crypto.com to Rename STAPLES Center

LOS ANGELES, Nov. 17, 2021 — Today Crypto.com, the world’s fastest-growing cryptocurrency platform, and AEG, the world’s leading sports and live entertainment company,...

CommercialIndustry NewsLos AngelesNews Releases

Los Angeles Lakers Extend Their STAPLES Center Partnership Through 2041 Season

Seventeen-time NBA Champions, the Los Angeles Lakers and AEG, the owners of STAPLES Center, have signed a long-term lease extension agreement ensuring that...

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