Church of Scientology Buys Distressed Hollywood Hotel

Church of Scientology Buys Distressed Hollywood Hotel

The former home of the Mama Shelter hotel in Hollywood has traded out of distress to a well-known deep-pocketed player in the neighborhood.  An entity tied to the Church of Scientology purchased... Read more »
Controversial hotel and housing complex approved in West Hollywood

Controversial hotel and housing complex approved in West Hollywood

A controversial housing and hotel complex that will stand out on Santa Monica Boulevard in West Hollywood got the go-ahead from the City Council. Saying their hands were tied by state laws... Read more »
Berkadia Handles Receivership Sale of Hollywood Hotel

Berkadia Handles Receivership Sale of Hollywood Hotel

Berkadia arranged the receivership sale of a 70-key boutique Hollywood hotel for an undisclosed amount. Senior managing director Scott Hall and senior director Aaron Lapping of Berkadia Hotels & Hospitality, along with... Read more »
Faring Capital Gets Approval for West Hollywood Hotel

Faring Capital Gets Approval for West Hollywood Hotel

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 »
Miami’s Mandarin Oriental Hotel Razed, 66-Story Tower on Way

Miami’s Mandarin Oriental Hotel Razed, 66-Story Tower on Way

Rubble is all that’s left of the once-vaunted Mandarin Oriental hotel in Miami. Swire Properties demolished the hotel at 500 Brickell Key Drive on Sunday. The 23-story luxury hotel fell in less... Read more »
Beverly Hills Hotel Listed

Beverly Hills Hotel Listed

A chic Los Angeles hotel located where Beverly Hills meets West Hollywood is on the market.  The SLS Beverly Hills at 465 La Cienega Boulevard, owned by Sunrider International and brainchild of... Read more »
Buyer for Oceanwide Plaza’s infamous graffitied towers emerges

Buyer for Oceanwide Plaza’s infamous graffitied towers emerges

A buyer has emerged for the notorious graffiti-bedecked towers in downtown Los Angeles: a Riverside County developer who intends to finish the stalled $1.2-billion project. The proposed buyer of the residential, hotel... Read more »
Notorious dead mall in Westminster is on track for redevelopment

Notorious dead mall in Westminster is on track for redevelopment

Westminster Mall, a once-popular shopping center that has been desecrated by graffiti and vandalism since it closed last year, is on track for demolition soon. It will be replaced with housing, a... Read more »
Shopoff Plots Housing, Hotel, Retail at Westminster Mall

Shopoff Plots Housing, Hotel, Retail at Westminster Mall

The former Westminster Mall is headed for new life as a mixed-use development from Shopoff Realty Investments.  Bolsa Pacific, the planned replacement for the shopping center that closed last fall, will rise... Read more »
Blackstone Sells Torrance Hotel

Blackstone Sells Torrance Hotel

Blackstone has sold an extended-stay, Marriott-branded hotel in Torrance, near Redondo Beach for about $54 million, or roughly $218,000 per key, according to property and business records.  Blackstone’s Matt Vizza, a managing... Read more »