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FinanceHospitalityIndustry NewsLos Angeles

Reuben Brothers Seize 190-Key West Hollywood Edition From Witkoff in $211MM Deed-in-Lieu

British billionaires Simon and David Reuben have taken ownership of the West Hollywood Edition on the Sunset Strip, closing out a four-year debt...

Sunset Boulevard
AECCommercialFinanceHospitalityIndustry NewsLeasingLos AngelesResidentialRetail

Luxury Retail Wave Reshapes West Hollywood’s Sunset Strip as 8850 Sunset Megaproject Lags

A broker-led leasing push is repopulating Sunset Strip storefronts with apparel and coffee brands even as the corridor’s marquee ground-up developments stall on...

Apartment building with a pink background
FinanceIndustry NewsLos AngelesResidential

82-Unit Fuller Avenue Apartment Property Sells for Nearly $28MM in Central Los Angeles

A four-story apartment property positioned at the seam of three of Los Angeles’s marquee neighborhoods sold for close to $28 million, the second...

Beverly Hills aerial photo
FinanceIndustry NewsLos AngelesResidential

Versailles Apartments Trades for $47MM at $603,000 Per Unit in First Sale in 40 Years Near Beverly Hills

A full-block multifamily property wedged between West Hollywood and Beverly Hills changed hands for the first time in four decades, drawing a crowd...

Hollywood sign in Hollywood hills
AECIndustry NewsLos AngelesResidentialRetail

Charles Company Pivots Melrose Triangle to 282-Unit Residential Plan in West Hollywood

After more than a decade of false starts, the Charles Company has scrapped its office component and reframed the long-stalled 2.7-acre site as...

Hotel pool with palm trees and seating area
FinanceHospitalityIndustry NewsLos Angeles

Pebblebrook Clinches $43.5MM Sale of Chamberlain West Hollywood, Pushes Disposition Tally Past $1B

The REIT’s retreat from Los Angeles hospitality is now funding debt reduction, preferred equity retirement and share buybacks rather than reinvestment. Pebblebrook Hotel...

Facade of modern apartment building with blue background
FinanceIndustry NewsLos AngelesResidential

Ezralow Company Lands 78-Unit Versailles on Burton Way for $47MM in Los Angeles

The Calabasas-based multifamily owner pays a 48 percent premium over assessed value to secure a trophy Beverly Hills-adjacent asset as the broader Los...

Hotel sign on top of a building
FinanceHospitalityIndustry NewsLos Angeles

Dauntless Capital Sells Pasadena Residence Inn for $65MM at $451,000 Per Key

Houston firm clears a 26 percent markup on a hotel it bought in 2021, defying a slumping Los Angeles hospitality market Dauntless Capital...

Long Beach Sign leading to downtown
FinanceIndustry NewsLos AngelesRetail

Charles Company Lists 145,000 SQFT Sports Basement-Leased Long Beach Retail Asset for $28.7MM

The West Hollywood developer is testing the single-tenant net-lease market with a Long Beach asset anchored by a 13-year sporting goods lease, four...

Rendering of 8025 Santa Monica Boulevard
AECFinanceIndustry NewsLos AngelesResidential

Massachi Lands $48MM Bank of America Construction Loan for 110-Unit West Hollywood Project

Developer breaks ground on the largest housing project the city has seen in a decade, replacing a demolished mid-century bank branch on Santa...

Erewhon store and sign
Industry NewsLeasingOrange CountyRetail

Erewhon Lands First Orange County Store with 17th Street Lease in Costa Mesa

Luxury organic grocer plants flag in OC’s most coveted retail corridor as Whole Foods doubles down in Newport Beach, signaling intensifying competition for...

Plushy toys
CommercialFeaturedIndustry NewsLeasingLos Angeles

Hasbro Lands 31,000 SQFT West Hollywood Lease at The Lot at Formosa, Exits Burbank

The toy-and-IP giant is shrinking its Los Angeles footprint by more than 60 percent as it consolidates entertainment, gaming and AI teams onto...

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