Former Sonder Property Owners Scrambling for Income

Former Sonder Property Owners Scrambling for Income

Sonder’s sudden implosion last month has left a trail of vacant buildings and frustrated landlords across Los Angeles.  Owners who bought properties to be occupied by the defunct short-term rental company are... Read more »
New Owners of Mt. Waterman Resort Plan Year-Round Access

New Owners of Mt. Waterman Resort Plan Year-Round Access

Angeles Mountain Partners LLC (AMP) acquired Mt. Waterman Ski Lifts LLC, assuming full management and operations of Southern California’s nearest mountain resort, Mt. Waterman. Located 60 minutes from Downtown Los Angeles in... Read more »
Erewhon Owners Sell Malibu Mansion for .5 Million

Erewhon Owners Sell Malibu Mansion for $15.5 Million

Josephine and Anthony Antoci, the owners of upscale supermarket chain Erewhon, sold a Malibu mansion for $15.5 million, The Real Deal has learned. The property, a “beachfront retreat” at 31228 Broad Beach... Read more »
Studio owners revise plans for -billion update of Television City

Studio owners revise plans for $1-billion update of Television City

The owners of Television City have scaled back their plans to enlarge and modernize the landmark Los Angeles studio where CBS began making shows to broadcast nationwide at the dawn of the... Read more »
San Diego MF Owners Divest After 50 Years

San Diego MF Owners Divest After 50 Years

Marcus & Millichap closed the sale of Casa Florencia, a 12-unit apartment property located at 1433 Thomas Ave. in San Diego. The asset was sold for $5,300,000. “After owning and managing the apartments for over 50 years, the... Read more »
OC Homes of AB Capital Owners Raided by FBI

OC Homes of AB Capital Owners Raided by FBI

FBI agents swooped into the homes of two AB Capital executives in Newport Beach and Laguna Beach to find evidence of an alleged Ponzi scheme that cost investors tens of millions of... Read more »
LA Authorizes Master Leases With Apartment Owners

LA Authorizes Master Leases With Apartment Owners

Los Angeles wants to become a landlord and sublease apartments to homeless residents. The City Council voted to launch a “master leasing” program to lease all or part of an apartment building,... Read more »
New American Funding Owners Buy Santa Ana Offices for M

New American Funding Owners Buy Santa Ana Offices for $31M

The owners of New American Funding bought a 208,300-square-foot office tower in Santa Ana for $31 million — or $23 million less than what it traded for five years ago. An unidentified... Read more »
Skechers Owners Create M Estate in Hermosa Beach

Skechers Owners Create $31M Estate in Hermosa Beach

The Greenberg family behind the Skechers shoe empire has stepped into a newly created compound in Hermosa Beach, valued at $31 million. An affiliate of the Manhattan Beach footwear brand founded by... Read more »
LA Apartment Owners Feel Rising Debt Distress

LA Apartment Owners Feel Rising Debt Distress

MacFarlane Partners’ Landon Taylor and GH Palmer Associates’ Geoff Palmer with 427 West 5th Street (MacFarlane Partners, Getty, Google Maps) UPDATED, Feb. 2, 2024, 12:13 p.m.: When MacFarlane Partners finished Park Fifth,... Read more »