Hudson Pacific Properties is trying to stop the bleeding after another nine-figure annual loss and coming up more than half a billion dollars short last year. Victor Coleman’s real estate investment trust... Read more »
Hudson Pacific Properties, Inc. has sold Element LA, a 284,000-square-foot office campus located in West Los Angeles. The REIT sold the property for $150 million and received a separate $81-million payment for... Read more »
Sierra Pacific Mortgage has hired Suzy Lindblom as its new Chief Operating Officer, the company announced in a LinkedIn post. Lindblom confirmed the move in her own post, adding that she has... Read more »
Pacific Equity Partners has scored a $135 million loan to refinance Cross Creek Ranch, a large Malibu retail and office development slated to open this year. Torchlight Investors provided the five-year loan,... Read more »
Charles Cohen, the billionaire developer behind New York-based Cohen Brothers Realty, is struggling with dipping profits at the Pacific Design Center in West Hollywood. A $245 million commercial mortgage-backed securities loan tied... Read more »
Chinatown-based lender Cathay Bank has foreclosed on a Pacific Palisades mansion that was once on the market for $26 million, The Real Deal has learned. The property, located at 880 Vista Pacifica... Read more »
The first luxury house sale of 2024 came from Pacific Palisades, rather than the typical locales in Malibu, Beverly Hills or Brentwood. The mansion located at 211 Alma Real Drive traded for... Read more »