Hackman Capital Partners is suing Erewhon over unpaid rent — claiming its luxe Culver Steps tenant owes more than $275,000, in a breach-of-contract complaint dated May 21. Their lease agreement was made... Read more »
Dauntless Capital Partners sold a hotel in Old Town Pasadena for $65 million, or about $451,000 a room, The Real Deal has learned. The buyer is little-known David Lee of Cornerstone Hotel... Read more »
Dwight Capital has closed a $114-million HUD 223(f) refinance for 224 W 124th St., a 168-unit luxury high-rise residential building in Harlem. Dwight managing director Adam Offman originated the transaction on behalf of the borrower, Rester Management. Loan proceeds will... Read more »
Brixton Capital, a vertically integrated operator of retail and multifamily properties, acquired the Escondido Gateway shopping center from Del Mar-based Mountain Pacific Properties for $28 million in an off-market transaction. Acquired at a significant... Read more »
Rithm Capital Corp. announced that its commercial real estate platform Paramount Group has officially rebranded as Elecor Properties. The company said the new identity reflects a strategic transformation from a high-quality, Class... Read more »
Colliers arranged the sale of The Baxter, a newly constructed, mid-rise luxury apartment community located at 1818 N. Cherokee Ave. at the base of the Hollywood Hills. Vice chair Kitty Wallace represented... Read more »
With a resume that includes seven years overseeing the California Enterprise Development Authority’s C-PACE program, Peter Grabell has seen C-PACE grow from an obscure tool to fund solar panels into a widely accepted component of project financing. Now Head of Production... Read more »
The West Hollywood City Council has voted 4–1 to advance the Bond Hotel and Residences, a mixed‑use development at 7811 Santa Monica Boulevard, despite strong opposition from some residents. The development by... Read more »
Eagle Real Estate Partners, LLC (EREP), an El Segundo-based multifamily investment firm focused on the Western U.S., said Monday it has entered into a strategic, programmatic GP co-investment partnership with TriPost Capital Partners, LLC,... Read more »
Los Angeles–based Atar Capital is expanding its footprint in Century City, relocating its headquarters across the street to what is considered Southern California’s most expensive office tower. The private investment firm signed a lease for about 11,000 square feet... Read more »