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 »
See LA’s 2025 Top Hotel Deals

See LA’s 2025 Top Hotel Deals

As Pebblebrook Hotel Trust chairman and chief executive Jon Bortz previously told The Real Deal, “L.A. is a difficult market to sell in today due to unfriendly government policies and the lagging... Read more »
Developer plans to add a hotel and hundreds of residences to L.A. Live

Developer plans to add a hotel and hundreds of residences to L.A. Live

The owners of Crypto.com Arena and L.A. Live in downtown Los Angeles have filed plans with the city to potentially add another tower to their multibillion-dollar sports and entertainment complex. AEG last... Read more »
Slate, Breaking Ground Acquire Stewart Hotel; Will Become Affordable Complex

Slate, Breaking Ground Acquire Stewart Hotel; Will Become Affordable Complex

Slate Property Group and nonprofit Breaking Ground have completed the $255-million acquisition of the Stewart Hotel at 371 Seventh Ave., across from New York Penn Station in Midtown Manhattan. A hotel-to-residential conversion project to deliver... Read more »
Hollywood Park’s Kali Hotel Secures 5M Financing

Hollywood Park’s Kali Hotel Secures $195M Financing

CommLoan has structured $195 million in financing with Bank of America for the Kali Hotel at E. Stanley Kroenke’s Hollywood Park in Inglewood. The luxury property is the only hotel permitted within the 300-acre mixed-use... Read more »
JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at 5K Per Key

JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at $275K Per Key

Leyad, a real estate investment firm based in Canada, has acquired the Ink48 Hotel in Midtown Manhattan’s Hell’s Kitchen neighborhood in a 50/50 joint venture with locally based private equity firm Capstone Equities.... Read more »