Neiman Marcus parent sells its Beverly Hills site

Neiman Marcus parent sells its Beverly Hills site

The land below the Beverly Hills flagship store of luxury retailer Neiman Marcus has been sold to a New York investor as the owners of the department store chain sell property to... Read more »
L.A.’s famous ‘Hobbit Houses’ have a new owner. He calls himself the ‘King of Storybook’

L.A.’s famous ‘Hobbit Houses’ have a new owner. He calls himself the ‘King of Storybook’

In the architectural age of minimalism and millennial gray, a wild and whimsical antidote made of old clinker bricks and jumbled shingles sits on a quiet street at the edge of L.A.... Read more »
Hollywood Office Owner Acquires Neighboring Property

Hollywood Office Owner Acquires Neighboring Property

An office property located at 747 Seward St. in Hollywood has sold to Brian Ballard of Ballard Partners, a bipartisan lobbying and PR firm, for $3,250,000. Kidder Mathews EVP and managing director John Anthony,... Read more »
Regulator Cites Brewers Owner for Stealing Malibu Beach Sand

Regulator Cites Brewers Owner for Stealing Malibu Beach Sand

Mark Attanasio, owner of the Milwaukee Brewers, may be a serial sand thief. The managing partner of L.A.-based Crescent Capital Group was cited by the California Coastal Commission for stealing beachfront sand... Read more »
Hollywood Office Owner Acquires Neighboring Property

New Owner of La Fayette Park Apartments Eyes Workforce Housing

(Updated with additional information) Colliers arranged the $43,440,000 sale of a three-story, 120-unit apartment community in the historic Los Angeles neighborhood of La Fayette Park. Located on a wide, tree-lined street at... Read more »
UWM sues Mortgage Solutions and its owner over EPOs, trademark infringement

UWM sues Mortgage Solutions and its owner over EPOs, trademark infringement

United Wholesale Mortgage (UWM) has accused California-based brokerage and correspondent lender Mortgage Solutions FCS, dba Client Direct Mortgage, of breaching its early payoff (EPO) provision and its owner, Ramon Walker, of trademark... Read more »
Mall Owner Macerich Posts 3,600% Profit Jump in Q4

Mall Owner Macerich Posts 3,600% Profit Jump in Q4

Some mall owners might struggle with retail tenants filing for bankruptcy, exiting spaces and refinancing debt. But, apparently not Macerich.  Macerich reeled in $62.2 million in net income during the last three... Read more »
Koreatown apartment owner settles sexual harassment allegations

Koreatown apartment owner settles sexual harassment allegations

A Koreatown apartment owner has agreed to pay $130,000 to settle allegations that one of its property managers sexually harassed tenants for nearly a decade. In May, the U.S. Department of Justice... Read more »