JMB Gets 5M Loan for Century City Office Project

JMB Gets $575M Loan for Century City Office Project

JMB Realty has scored funding to build its trophy Century City development, The Real Deal has learned. The Chicago-based investment firm secured a $575 million construction loan for 1950 Avenue of the... Read more »
As challenges loom, L.A. City Council approves 0 million in ‘mansion tax’ spending

As challenges loom, L.A. City Council approves $150 million in ‘mansion tax’ spending

The Los Angeles City Council passed a $150-million spending plan for funds raised by Measure ULA on Tuesday, marking the first time funds will be specifically allocated since Angelenos passed the tax... Read more »
Bankrupt WeWork Wants to Retain Office Lease in Century City

Bankrupt WeWork Wants to Retain Office Lease in Century City

A bankrupt WeWork aims to retain its uptown offices in Century City The New York-based co-working firm has filed a legal motion to assume its 87,000-square foot lease in Constellation Place at... Read more »
Gas Company Tower Receiver Seeks Court OK for LA City Lease

Gas Company Tower Receiver Seeks Court OK for LA City Lease

The receiver on the Gas Company Tower, the 54-story Downtown L.A. office tower formerly owned by Brookfield Properties, has asked a court to approve a 308,000-square-foot lease with the City of Los... Read more »
BakerHostetler Relocates LA Office to Century City

BakerHostetler Relocates LA Office to Century City

Law firm BakerHostetler has relocated its Los Angeles office to 1900 Ave. of the Stars in Century City. Spanning nearly 40,000 square feet, the new office is situated in the Anderson Towers complex,... Read more »
Progressive Nithya Raman Wins Second Term on LA City Council

Progressive Nithya Raman Wins Second Term on LA City Council

Progressive L.A. City Councilwoman Nithya Raman has beat self-proclaimed realist candidate Eric Weaver to win back her District 4 seat, avoiding a November runoff. The advocate for renters rights and homeless residents... Read more »
Tech billionaires plan to build California city from scratch

Tech billionaires plan to build California city from scratch

For years, residents in Solano County heard about a mysterious group buying up thousands of acres of farmland and making millionaires out of property owners. The agricultural land had been owned by... Read more »
City Market of LA Gets New Deal for Fashion District Project

City Market of LA Gets New Deal for Fashion District Project

City Market of Los Angeles has moved forward with approved plans to turn three blocks in Downtown L.A.’s Fashion District into an urban-retail village with nearly 1,000 homes. The Downtown-based former wholesale... Read more »
Plans for Redwood-Inspired Tower in DTLA Cut Down by City

Plans for Redwood-Inspired Tower in DTLA Cut Down by City

Plans by Australian developers to build a 40-story housing tower inspired by giant redwood trees in Downtown Los Angeles have toppled with a resounding thud. The proposal by the Australia-based Crown Group,... Read more »
BakerHostetler Relocates LA Office to Century City

JLL Arranges Acquisition Loan for Culver City Multifamily

 JLL Capital Markets secured acquisition financing for Cobalt Apartments, a 135-unit rental apartment property with 14,754 square feet of ground-floor retail in Culver City. A JLL team led by senior managing director Jeff Sause, director... Read more »