Harridge Plans 290 Homes at Baldwin Hills Crenshaw Plaza

Harridge Plans 290 Homes at Baldwin Hills Crenshaw Plaza

Harridge Development Group aims to add nearly 300 homes to its Baldwin Hills Crenshaw Plaza in Baldwin Hills. The Century City-based developer led by David Schwartzman has filed plans to build 290... Read more »
Rising Realty’s 1 Cal Plaza in DTLA Enters Special Servicing

Rising Realty’s 1 Cal Plaza in DTLA Enters Special Servicing

Rising Realty Partners has gone into special servicing for a $300 million loan linked to a 42-story office building in Downtown Los Angeles. The locally based investor went into special servicing for... Read more »
Douglas Elliman to Market Units at Century Plaza Hotel

Douglas Elliman to Market Units at Century Plaza Hotel

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 »
REDA Residential Buys Culver City’s Fox Hills Plaza for M

REDA Residential Buys Culver City’s Fox Hills Plaza for $49M

REDA Residential and an undisclosed investor have bought a 68,000-square-foot shopping center in Culver City for $49 million, with plans to redevelop it for homes. The unit of Newport Beach-based Real Estate... Read more »
Creditors for LA Eyesore Oceanwide Plaza Seek New Appraisal

Creditors for LA Eyesore Oceanwide Plaza Seek New Appraisal

How much are three abandoned, partially built luxury towers in Downtown Los Angeles worth? That’s the question raised by L.A. Downtown Investment, an EB-5 investment firm that sunk millions into the graffitied... Read more »
Douglas Emmett Takes Out Construction Debt on Barrington Plaza

Douglas Emmett Takes Out Construction Debt on Barrington Plaza

Douglas Emmett, a publicly listed real estate investment trust that owns office and apartment buildings in Southern California and Hawaii, took out a $550 million loan package backed by a portfolio of... Read more »
Taggers Spray Graffiti on Abandoned Oceanwide Plaza in DTLA

Taggers Spray Graffiti on Abandoned Oceanwide Plaza in DTLA

China Oceanwide Holdings has one more hurdle in its quest to sell its uncompleted hotel, condo and retail project in Downtown Los Angeles: graffiti. Over two nights, taggers scaled the roofless towers... Read more »
Reuben Brothers Win Court Case Over Century Plaza Debt

Reuben Brothers Win Court Case Over Century Plaza Debt

The Reuben brothers have won a court case against a group of EB-5 lenders over the $2.5 billion Century Plaza project, ending nearly two years of legal battles.  A New York appellate... Read more »
Value of Brookfield;s EY Plaza in DTLA Falls 53%

Value of Brookfield;s EY Plaza in DTLA Falls 53%

The value of a 41-story office building owned by Brookfield in Downtown Los Angeles has plunged by more than half, with its landlord sliding into default. EY Plaza, a 920,300-square-foot tower at... Read more »
Reuben Brothers to Open Three Restaurants at Century Plaza

Reuben Brothers to Open Three Restaurants at Century Plaza

The Reuben brothers have signed three high-end restaurants to occupy part of the retail space at Century Plaza in Century City, the condo-hotel project the brothers’ investment vehicle acquired through a foreclosure... Read more »