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New City West mixed-use residence is one of many to come
1136 West 6th Street (credit: Google Earth) City West, the neighborhood just across the 110 Freeway from the Financial District, is having a moment. Less than a mile away from the heart of DTLA, the...
View ArticleFormer Dodgers player lists home for $1.8M
A photo posted by MLB Network (@mlbnetwork) on Nov 12, 2015 at 10:54am PST Todd Zeile soon won’t be running toward home. The retired third baseman has listed his Westlake Village estate for $1.9...
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Playa Vista is getting a new campus
12575 West Beatrice Street (credit: Google Earth) Another campus-style development is in the works in Playa Vista, courtesy of NSB Associates. The development firm filed plans with the city of L.A....
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The Closing: Richard LeFrak
Richard LeFrak (Photo: Studio Scrivo) From the New York April Issue: Richard LeFrak is chairman and CEO of the LeFrak Organization, a company started by his great-grandfather, Aaron, in 1905. LeFrak...
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Westside Wells Fargo building sells for $11M
10789 West Pico Boulevard (credit: CBRE) Norfolk-based real estate investment firm Harbor Group International bought a single-tenant property leased to Wells Fargo at West Pico Boulevard and Glendon...
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Submarket Snapshot: West Hollywood’s office market in Q1 2016
(Credit: NGKF) West Hollywood’s office market is off to a rocky start in 2016. WeHo saw its office vacancy rise and its rents drop in the first quarter, according to a report by NGKF. While the...
View ArticleKaty Perry triumphs in battle with nuns over Los Feliz convent
A photo posted by KATY PERRY (@katyperry) on Dec 1, 2015 at 8:01am PST Roar, Katy, roar. Pop singer Katy Perry has prevailed in a dispute with two nuns over a 30,000-square-foot Los Feliz convent she...
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Sandeep Mathrani is planning for “mild recession” next year
Sandeep Mathrani From the New York site: General Growth Properties CEO Sandeep Mathrani says a recession is coming, albeit a mild one. The retail chief, whose company owns a stake in New York’s famed...
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Activists don’t buy Garcetti’s plan to update zoning blueprints
(credit: L.A. Mayor) L.A. Mayor Eric Garcetti is hoping to gain brownie points with community activists with a new plan to modernize zoning and land use procedures, Southern California Public Radio...
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EB-5’s gatekeepers: Migration agents
Linda Mei and Nuri Katz From the April issue: Last July, a swarm of high-profile guests — including Revlon Chairman Ron Perelman and former Secretary of State Henry Kissinger — gathered to celebrate...
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Fleur de Lys owner buys smaller estate in Beverly Hills for $9.5M
Suzanne Saperstein and 901 North Bedford Drive (credit: Hilton & Hyland) The former owner of L.A.’s Versailles, the estate known as Fleur de Lys, has a new pad. Suzanne Saperstein acquired a...
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Jonathan Gray: REIT buyout wave unlikely
Jonathan Gray (credit: Blackstone Group) From the New York site: Private real estate funds sit on record piles of cash, leading some observers to speculate that a wave of public-to-private real estate...
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Ocean West is shopping Westwood Terrace for as much as $105M
A patio at the office building at 1640 South Sepulveda Boulevard and NGKF’s Kevin Shannon (credit: CoStar) Ocean West Capital Partners is looking to sell the Westwood office building at 1640 South...
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Former Dodgers owner sells equestrian estate for $12M
Frank McCourt From the South Florida website: Former Los Angeles Dodgers owner and current real estate mogul Frank McCourt sold his Wellington estate for $11.85 million, records show. 13808 Fairlane...
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Ch-ch-changes: Chango, one of Echo Park’s favorite coffeehouses, may be replaced
1559 Echo Park Avenue (credit: Google Earth) Cue the tears of chained-to-laptop freelancers across Echo Park: Chango coffee, a neighborhood institution, soon may vanish. Well, maybe not. But the...
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Submarket Snapshot: Burbank’s office market in Q1 2016
The Michael D. Eisner office building at Walt Disney Studios in Burbank Burbank’s 6.6 million-square-foot office market saw 14.7 percent vacancy in the first quarter of 2016, according to a report by...
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Current reader favorites: 1. Santa Monica’s luxury home market went crazy in Q1 2016 2. These are the biggest under-construction projects in LA 3. DTLA revitalization through lens of the Los Angeles...
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Hasbro, in expansion mode, signs lease for 80K sf at Media Studios North in...
The Media Studios North building in Burbank and images of Hasbro’s transformers (credit: CoStar, Hasbro.com) Hasbro is on a roll, and it just doubled its L.A. office footprint to prove it. The...
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Sam Zell says US economy “doing pretty well,” but cycle “in the ninth inning”
Sam Zell From the New York site: In December, Equity Residential chair and real estate investor Sam Zell said he believed there was “a high probability” that the U.S. economy would slip into a...
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Movers and Shakers: Berkshire Hathaway, Lee & Associates and more
From left: Ted Fentin, Mary Lee Blaylock, Warren Berzack Mary Lee Blaylock is now the president and CEO of Berkshire Hathaway HomeServices (BHHS) California Properties. Former president and executive...
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