Shopoff Realty Investments got the nod to build 250 homes and a 215-room boutique hotel atop a former oil tank farm in Huntington Beach. The Irvine-based developer led by Bill Shopoff was... Read more »
Construction of a new high-rise addition to the Hilton hotel in Universal City was approved by the Los Angeles Planning Commission, clearing a major hurdle for the long-planned expansion. The decision comes... Read more »
Miami-based investment firm Gencom acquired the 42-story Thompson Central Park, a 587-key hotel centrally situated on Manhattan’s Billionaires’ Row. At a purchase price reportedly north of $300 million, the deal marks Gencom’s debut... Read more »
Douglas Elliman has been tapped to market for lease the Fairmont Residences at the Reuben Brothers’ Century Plaza development in Century City. The 56 hotel-branded apartments will only be available for lease,... Read more »
The historic Sportsmen’s Lodge in Studio City could be demolished to make way for a 520-unit residential complex and mixed-used development if the Los Angeles City Council approves the project Wednesday. Proponents... Read more »
The cancellation of LVMH’s Cheval Blanc Hotel project has delivered a blow to Beverly Hills’ budget, a recent session of the City Council showed, prompting a special committee to look into how... Read more »
XLD Group has hit a snag on a $130 million loan linked to the Los Angeles Airport Marriott hotel next to LAX. The loan to the Pasadena-based unit of Sichuan Xinglida Group... Read more »
Arriba Capital has arranged financing for a $35.75-million ground-up construction loan for an oceanfront Residence Inn by Marriott property in Ormond Beach, FL. The property is being developed by Contender Development. Arriba’s Ryan Bosch... Read more »
The Cecil Hotel — the infamous Los Angeles site of mysterious deaths and a Netflix true crime documentary — is now up for sale. New York firm Simon Baron Development is selling... Read more »
Los Angeles city officials on Wednesday halted a developer’s efforts to build a luxury resort on a Benedict Canyon mountainside. City Planning Director Vincent Bertoni notified developer Gary Safady that the city... Read more »