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Hotel pool with palm trees and seating area
FinanceHospitalityIndustry NewsLos Angeles

Daniel Negari Acquires 241-Room Hotel Per La for $34MM in Downtown Los Angeles

Tech entrepreneur Daniel Negari's 1922.XYZ LLC has pulled the historic Bank of Italy tower's 241-room Hotel Per La out of lender hands for...

Santa Monica 3rd Street Promenade
FinanceIndustry NewsLos AngelesRetail

XYZ Affiliate Acquires 28,480 SQFT Former Gap Flagship at 1355 3rd Street Promenade for $16.75MM in Santa Monica

The purchase adds to XYZ's expanding footprint along the Third Street Promenade corridor, where the tech-turned-real-estate firm has amassed roughly 368,000 square feet...

San Diego skyline
CommercialFinanceIndustry NewsSan Diego

Irvine Company Sells 600 West Broadway in San Diego for $120MM, Significantly Below Acquisition Price

Donald Bren's real estate empire completes retreat from downtown San Diego after shedding office towers at massive losses Donald Bren's Irvine Company has...

San Diego, Mira Mesa, North Park, housing shortage ADUs crisis 2029 goals
CommercialFeaturedFinanceIndustry NewsSan Diego

The Great Downtown San Diego Exodus: How America’s Finest City Office Market Became a Bargain Hunter’s Paradise

Major landlord exodus and record vacancy rates cloud uncertain path forward When one of America's most sophisticated real estate companies takes a $100...

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