Adirondack Capital Partners (ACP), a boutique capital markets advisory firm, said Monday that Toll Brothers has acquired a premier development site at 118 Tenth Ave. in Manhattan’s West Chelsea submarket from Benny Barmapov for $53,000,000. Michael Hunter Coghill and Chad Sinsheimer of ACP... Read more »
A 4.7-acre site in Woodland Hills is under new ownership and slated to become part of a fully affordable housing development in Warner Center. An affiliate of Wellpointe Incorporated purchased 6400 Canoga... Read more »
Rockefeller Group and Atlas Capital Group said Friday they have entered into a $96-million agreement with the Roman Catholic Church of Holy Name of Jesus and Saint Gregory the Great to acquire property... Read more »
GFI Realty Services arranged the sale of a development site located at 563–571 Second Ave. and 247–251 E. 31st St. in Kips Bay. The assemblage sold for $38,000,000, reflecting strong investor demand for... Read more »
JLL Capital Markets arranged the $53-million sale of 75–83 Nassau St., a development site located in Downtown Manhattan’s Financial District. JLL’s Andrew Scandalios, Ethan Stanton, Jonathan Hageman and Michael Mazzara represented the... Read more »
CBRE arranged the sale of a 1.35-acre site at 5545 Grosvenor Blvd. in Playa Vista. BLT Enterprises acquired the property. CBRE’s Michael Longo, Melissa Moock and Mark Shaffer represented the private seller. The property is zoned M2-1 light industrial, designating areas for... Read more »
The land below the Beverly Hills flagship store of luxury retailer Neiman Marcus has been sold to a New York investor as the owners of the department store chain sell property to... Read more »
Ashkenazy Acquisition Corp., a private real estate investment firm owned by Ben Ashkenazy, has acquired the two-city-block Neiman Marcus site in the Beverly Hills Golden Triangle. The new acquisition positions the firm... Read more »
A fire-scarred commercial property along Sunset Boulevard in Pacific Palisades could soon get a mixed-use reset, as developers begin to test how far Los Angeles’ post-wildfire rebuilding push can go beyond single-family... Read more »
The distinctive former headquarters of the Christian media company Trinity Broadcasting Network in Costa Mesa has sold for $44.5 million, clearing the way for new housing. The purchase of the ornate palazzo-style... Read more »