Decron Properties Sells LA-Area Apartments for 2M

Decron Properties Sells LA-Area Apartments for $212M

Fed up with new transfer taxes and the inability to hike rents, Decron Properties is cashing out of Los Angeles.  The firm has sold two properties in the city of Los Angeles... Read more »
Rexford Industrial Buys One OC Property, Sells Another

Rexford Industrial Buys One OC Property, Sells Another

Rexford Industrial Realty said it acquired two properties in December for a total of $69.5 million and disposed of a third for $11.3 million. The largest of the three transactions was the... Read more »
SITE Centers Sells Buena Park Mall for M

SITE Centers Sells Buena Park Mall for $53M

SITE Centers closed its $53 million sale of Buena Park Place, a roughly 209,000-square-foot grocery-anchored retail center, adjacent to the Knott’s Berry Farm theme park in Buena Park, JLL Capital Markets announced... Read more »
Designer Saffron Case Sells Carbon Beach Remodel for M

Designer Saffron Case Sells Carbon Beach Remodel for $29M

Interior designer and developer Saffron Case and her husband Timothy unloaded a 4,000-square-foot home on Malibu’s Carbon Beach for about $29 million earlier this month. They purchased the home for about $22... Read more »
Beverly Hills Home Sells for .2M, Among Year’s Top Deals

Beverly Hills Home Sells for $24.2M, Among Year’s Top Deals

A mansion at 802 Foothill Road in the Beverly Hills Flats traded for $24.2 million on Dec. 15., according to listing sites. The 17,000-square-foot home on more than half an acre ranked... Read more »
Kennedy Wilson Sells Glendale Office at 60% Haircut

Kennedy Wilson Sells Glendale Office at 60% Haircut

UPDATED, Dec. 11, 8:59 a.m.: Kennedy Wilson has sold an office property in Glendale for a nearly 60 percent haircut, serving as a benchmark for how far office values have fallen in... Read more »
Relevant Group Sells Morrison Hotel Site at a Loss to AHF

Relevant Group Sells Morrison Hotel Site at a Loss to AHF

Relevant Group has sold the Morrison Hotel in Downtown Los Angeles — named after appearing on The Doors’ album cover of the same title — to AIDS Healthcare Foundation, The Real Deal... Read more »
House in Malibu’s Point Dume Sells for M

House in Malibu’s Point Dume Sells for $52M

A luxury home in Malibu’s Point Dume neighborhood has traded for $52 million in an off-market deal, The Real Deal has learned. The sale of 6970 Wildlife Road was recorded on Nov.... Read more »