Hudson Pacific Properties Posts 2 Million Annual Loss 

Hudson Pacific Properties Posts $572 Million Annual Loss 

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 »
Ray Kappe’s Modernist masterpiece asks .5 million in Pacific Palisades

Ray Kappe’s Modernist masterpiece asks $11.5 million in Pacific Palisades

An iconic property that has been described as possibly “the greatest house in Southern California” just hit the market for the first time ever in Pacific Palisades. Asking price: $11.5 million. A... Read more »
Erewhon and others shut by fire set to reopen in Pacific Palisades mall

Erewhon and others shut by fire set to reopen in Pacific Palisades mall

Fancy grocer Erewhon will return to Pacific Palisades in an entirely rebuilt store, as the neighborhood’s luxury mall, owned by developer Rick Caruso, undergoes renovations for a reopening next August. Palisades Village... Read more »
Hudson Pacific Divests Element LA Campus for 1M

Hudson Pacific Divests Element LA Campus for $231M

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 hires Suzy Lindblom as COO

Sierra Pacific Mortgage hires Suzy Lindblom as COO

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 »
Larry David Lists His ‘Pretty, Pretty, Pretty Good’ Pacific Palisades Estate for .9M

Larry David Lists His ‘Pretty, Pretty, Pretty Good’ Pacific Palisades Estate for $8.9M

Comedian and writer Larry David, co-creator of “Seinfeld” and mastermind of HBO’s “Curb Your Enthusiasm,” is curbing his real estate. He’s listed one of his picturesque Pacific Palisades, CA, properties for $8,975,000.... Read more »
Pacific Equity Scores 5M Loan on Malibu Retail Project

Pacific Equity Scores $135M Loan on Malibu Retail Project

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 »
Income Slumps at Charles Cohen’s Pacific Design Center

Income Slumps at Charles Cohen’s Pacific Design Center

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 »
Cathay Bank Forecloses on Pacific Palisades Mansion

Cathay Bank Forecloses on Pacific Palisades Mansion

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 »
LA’s First M Home Sale of Year Points to Pacific

LA’s First $20M Home Sale of Year Points to Pacific

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 »