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FinanceIndustry NewsLos AngelesNews ReleasesRetail

Ashkenazy Acquisition Corp. Purchases Two-Block Neiman Marcus Site in Beverly Hills, Adding 350,000 SQFT to Golden Triangle Portfolio

BEVERLY HILLS, Calif.-Ashkenazy Acquisition Corp., a private real estate investment firm owned by Ben Ashkenazy, today announced a major retail acquisition of the...

alo yoga
CommercialIndustry NewsLos Angeles

Alo Yoga Acquires 83,000 SQFT Beverly Hills Office Tower for $90MM

Athleisure brand expands West Coast footprint with landmark Wilshire Boulevard property Alo Yoga has acquired a prime office building at 8942 Wilshire Boulevard...

cedric-dhaenens-foTTNNe7Ak-unsplash-santa monica
FinanceIndustry NewsLos AngelesResidentialRetail

GR Properties USA Secures $42MM Financing for Santa Monica Mixed-Use Property

Deal highlights continued cross-Pacific appetite for prime coastal California real estate despite broader market headwinds A Hong Kong-based property company has successfully refinanced...

AECIndustry NewsLos AngelesRetail

Tiffany & Co. Gains Approval for Beverly Hills Flagship as Rodeo Drive Luxury Arms Race Intensifies

Three-story retail complex will feature rooftop VIP lounge and Blue Box Café, latest salvo in high-stakes battle for ultra-wealthy clientele Beverly Hills’ iconic...

ariel-blanco-7bWecPa1CC4-unsplash-beverly hills los angeles
AECFeaturedIndustry NewsLos AngelesResidential

Beverly Hills Forced to Process Controversial 19-Story High-Rise Under State Housing Law

Court ruling highlights growing tensions between local zoning control and California’s affordable housing mandates A Los Angeles Superior Court judge has delivered a...

marten-bjork-n_IKQDCyrG0-unsplash-hotel (1)
FinanceHospitalityIndustry NewsLos Angeles

Foreclosure Drives Corten Real Estate Partners’ $68MM Acquisition of Line Hotel in LA’s Koreatown

Company acquires 390-room property after previous owner defaults on $100 million loan The Line Hotel in Los Angeles’ Koreatown has changed hands for...

hao-rui-0WI2O8TsY8o-unsplash-studio
CommercialFinanceIndustry NewsLos Angeles

CIM Group Completes $230MM Recapitalization of The Lot at Formosa, A Historic West Hollywood Studio Campus

CIM Group has completed a $229.8 million internal transaction involving its West Hollywood studio property, The Lot at Formosa, in what the company...

Walk of fame - Hollywood Boulevard in Los Angeles
CommercialFinanceIndustry NewsLos AngelesRetail

Tinder Co-Founder Makes $69MM Bet on Hollywood Real Estate, Buying Hollywood Galaxy Retail and Adjacent Petersen Building

Tinder co-founder Justin Mateen has made a bold contrarian investment in Hollywood’s commercial real estate market, purchasing the Hollywood Galaxy shopping center and...

getty-images-KrU_nURSdgA-unsplash-train monorail
AECFinanceIndustry NewsLos Angeles

Metro Advances $9.5 Billion Sepulveda Transit Corridor to Ease LA’s Congested 405 Commute

As one of the most congested routes in the nation, the daily grind between Los Angeles’ San Fernando Valley and the Westside may...

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CommercialFeaturedIndustry NewsLos AngelesRetail

Santa Monica Creates “Entertainment Zone” to Revitalize Struggling Third Street Promenade

Santa Monica is taking bold steps to breathe new life into its iconic shopping district by allowing public drinking in designated areas. Santa...

getty-images-Zh0s1o3Zi5Y-unsplash-los angeles
AECCommercialHospitalityIndustry NewsLos AngelesResidential

Proposal for 53-Story Tower with 466 Units at The Bloc in Downtown Los Angeles Reaches Planning Department

A major new addition may soon redefine the Los Angeles skyline, as a local development firm has submitted a proposal to expand The...

guillaume-merle-QTdjjOGEDMA-unsplash-los angeles
AECIndustry NewsLos AngelesResidentialRetail

Yue Fung Holdings Proposes 54-Unit Mixed-Use Development in Los Angeles

A long-vacant site along Wilshire Boulevard in Los Angeles may soon see new life as Hong Kong-based Yue Fung Holdings, Inc. has submitted...

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