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The Real Deal

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Skyline of Glendale, California
AECCommercialIndustry NewsLos AngelesResidential

Izek Shomof Files to Convert 19-Story, 400,000 SQFT Glendale Office Tower Into 312 Residential Units

Prolific adaptive reuse developer acquires 101 N. Brand Boulevard at a 54 percent discount from its 2016 sale price, betting on residential demand...

development construction graphic illustration
AECHospitalityIndustry NewsLos AngelesResidential

Kam Sang Company Pursues Dual-Tower Strategy With Hilton Glendale Condo Conversion and New 25-Story, 226-Key Hotel

Arcadia-based developer files adaptive reuse application for 351-room Hilton while advancing plans for a ground-up luxury hotel on adjacent Glenoaks Boulevard parcels Kam...

david-vives-t9-lA9qXfaI-unsplash-beverly hills
FinanceIndustry NewsLos AngelesRetail

Hermès Revealed as Mystery Buyer of Record-Setting $400MM Beverly Hills Property at 338 North Rodeo

The French luxury house’s acquisition of two adjoining parcels totaling 28,000 square feet sets a single-property record for the famed retail corridor and...

AIDS Healthcare Foundation, Skid Row, Skid Row Housing Trust, Skid Row, Los Angeles, Los Angeles City Council
CommercialFinanceIndustry NewsLos Angeles

Rising Realty Partners Defaults on $300MM One California Plaza in Downtown Los Angeles Receivership

The towering glass facade of One California Plaza once symbolized downtown Los Angeles’s aspirations as a thriving business hub. Today, the 42-story office...

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