Court Denies Huge Builder’s Remedy Project in Redondo Beach

Court Denies Huge Builder’s Remedy Project in Redondo Beach

A Los Angeles court has denied Leo Pustilnikov’s application to build a 35-unit apartment project in Redondo Beach, following a tentative ruling a week ago. “The court rules in accordance with its... Read more »
DJM Recapitalizes Newport Beach Mixed-Use

DJM Recapitalizes Newport Beach Mixed-Use

JLL Capital Markets closed the recapitalization of Lido Marina Village, a 3.06-acre, coastal mixed-use shopping center located in Newport Beach. JLL represented the existing ownership, DJM Capital and Arc Capital Partners, through a... Read more »
Skechers Owners Create M Estate in Hermosa Beach

Skechers Owners Create $31M Estate in Hermosa Beach

The Greenberg family behind the Skechers shoe empire has stepped into a newly created compound in Hermosa Beach, valued at $31 million. An affiliate of the Manhattan Beach footwear brand founded by... Read more »
Billionaire Robert Friedland ID’d as M Beach Estate Buyer

Billionaire Robert Friedland ID’d as $47M Beach Estate Buyer

Billionaire mining magnate Robert Friedland has been identified as the mystery buyer of a 2-acre bluffside estate in Carpinteria last fall for $46.9 million. The founder of Vancouver-based Ivanhoe Mines and his... Read more »
Court Clarifies Builder’s Remedy With Redondo Beach Project

Court Clarifies Builder’s Remedy With Redondo Beach Project

UPDATED, Feb. 2, 2024, 5:02 p.m.: An L.A. court judge looked to deny developer Leo Pustilnikov’s application to build a 35-unit apartment project in Redondo Beach earlier this week, but offered clarification... Read more »
Spec Developer Todd Glaser Buys Newport Beach House for M

Spec Developer Todd Glaser Buys Newport Beach House for $9M

In a flip of the trend, a Florida man has bought a California house.  South Florida spec developer Todd Glaser bought a waterfront Newport Beach house for $9 million, he confirmed to... Read more »
Court Sustains Lawsuit Against Huntington Beach for Housing

Court Sustains Lawsuit Against Huntington Beach for Housing

California is back on track with its lawsuit against Huntington Beach, which accuses the OC city of thumbing its nose at state efforts to make it plan for thousands of homes. A... Read more »
DJM Recapitalizes Newport Beach Mixed-Use

Huntington Beach Apartments Fetch $127M

The Mogharebi Group (TMG) arranged the $127-million sale of Regency Palms, a 310-unit gated multifamily community in Huntington Beach, in what is one of the largest multifamily transactions in Orange County over the past 12... Read more »
Equity Residential Sells Huntington Beach Apartments

Equity Residential Sells Huntington Beach Apartments

Equity Residential, one of the biggest publicly traded real estate owners in the U.S. and L.A.’s largest landlord, sold Regency Palms, a 310-unit Huntington Beach multifamily property, after owning it for 28... Read more »
Laguna Beach, Calif. features its own city-supported aging-in-place program

Laguna Beach, Calif. features its own city-supported aging-in-place program

The city of Laguna Beach, Calif. recently offered details of its city-sponsored aging-in-place program, dubbed “Lifelong Laguna,” in a profile published by CNBC. It provides new insight into the measures cities can... Read more »