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Providence Health System inks deal for 36K sf in Playa Vista
12555 Jefferson Boulevard Providence Health System–Southern California, a nonprofit healthcare provider, has inked a deal for 35,562 square feet at 12555 Jefferson Boulevard in Playa Vista. The 15-year...
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Waldorf Astoria Beverly Hills developer seeking $150M in EB-5 financing
A rendering of the planned Waldorf Astoria hotel The developer behind a plan to bring the first Waldorf Astoria hotel to the West Coast is trying to leverage the strength of the storied brand in order...
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AEG buys the Desmond in DTLA for $48.5M
A rendering of the Desmond by Skidmore Owings & Merrill The sports and entertainment company AEG bought the Desmond, the Downtown building it had been leasing from Lincoln Property Co., for $48.5...
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Submarket Snapshot: San Gabriel Valley East
An office building at 1135 South Sunset in West Covina The San Gabriel Valley East submarket saw its vacancy decrease slightly in the fourth quarter, according to a report for Colliers International....
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Current reader favorites: 1. Carl Muhlstein on Cushman, Twitter and leasing Downtown 2. Hudson Pacific CEO is big on Arts District, not all of Downtown 3. Facebook signs lease for 35K sf in Playa Vista...
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Top real estate lawyers offer advice on moving shady money into US: report
Gerald Ross (credit: Global Witness) From the New York website: Several top New York real estate lawyers – about a dozen in all – were caught on video providing advice to undercover investigators who...
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Michael C. Hall lists Los Feliz colonial for $4.85M
Michael C. Hall and his Los Feliz home Actor Michael C. Hall is listing his 1920-era Spanish Colonial home in Los Feliz for $4.85 million. The “Dexter” star, also known for his turns in cult hits such...
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Buyers from oil-rich nations pivoting to CRE
Sheikh Khalifa bin Zayed Al Nahyan, ruler of Abu Dhabi, the price of Brent Crude (credit: FRED), and Norges’ Karsten Kallevig From the New York website: Deep-pocketed investors hit by the plummeting...
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Movers & Shakers: RKF, LaTerra and more
From left: Richard Herschenfeld and Howard Heitner New York-based RKF, an independent retail leasing and investment sales brokerage firm, hired Richard Herschenfeld as senior managing director of...
View ArticleOnni Group to buy one of the Anjac Fashion buildings in DTLA for $56M
Vancouver develop Onni Group has not slowed its acquisition spree in Downtown Los Angeles. It is in escrow to buy the Western Pacific Building at 1031 South Broadway for $56 million from seller Steve...
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Submarket Snapshot: West Hollywood
The Pacific Design Center’s Red Building in West Hollywood The 30 buildings in West Hollywood’s office market saw 18 percent vacancy in the fourth quarter, a teensy decrease from 18.3 percent in the...
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Current reader favorites: 1. Facebook signs lease for 35K sf in Playa Vista 2. Waldorf Astoria Beverly Hills developer seeking $150M in EB-5 financing 3. AEG buys the Desmond in DTLA for $48.5M 4. Mr....
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CBRE, JLL looking to move into Saudi Arabia
A map of the Middle East (inset: CBRE’s Robert Sulentic and JLL’s Colin Dyer) Major commercial property firms including CBRE, JLL are looking to build up their presence in Saudi Arabia as low oil...
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Hotelier citizenM nabs Hollywood site for first LA outpost
The site of the new citizenM hotel at Hollywood and Vine Multinational boutique hotelier citizenM has nabbed a site next to the Capitol Records Building and opposite the Redbury Hotel at Hollywood and...
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Partners Trust CEO on LA’s luxury market
Nick Segal Partners Trust CEO Nick Segal, the nephew of TV star George Segal, was a struggling actor in Los Angeles doing commercials for Hostess pudding pies before he dove into real estate. Today,...
View ArticleWatch Donald Trump brag about his rich donor buddies: VIDEO
From the New York website: Though he claims he can’t be bought, Donald Trump appears to have no problem with name-dropping some of the wildly affluent friends who donated money to his charity, the...
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Clarion Partners buys Hollywood Media Campus for $61.3M
A rendering of the Hollywood Media Campus (credit: Atchain) New York’s Clarion Partners just bought the historic Eastman Kodak site in Hollywood from Lincoln Property Co. for $61.3 million in an...
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Submarket Snapshot: West San Fernando Valley
Net absorption data from Colliers International The West San Fernando Valley office market saw total vacancy decrease in the fourth quarter to 14.8 percent, from 15.9 percent in the third, according to...
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Current reader favorites: 1. Facebook signs lease for 35K sf in Playa Vista 2. Onni Group to buy one of the Anjac Fashion buildings in DTLA for $56M 3. Submarket Snapshot: West Hollywood 4. Hudson...
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Jeff Hyland on LA’s “bogus” celebrity culture, Greta Garbo and the softening...
Jeff Hyland Jeff Hyland is the president of Hilton & Hyland, a boutique real estate brokerage known for selling some of L.A.’s most prestigious and high-priced homes. He was a partner at the...
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