Brookfield to Sell 777 Tower in DTLA for 5M

Brookfield to Sell 777 Tower in DTLA for $145M

Brookfield Properties is selling 777 South Figueroa Tower, formerly one of its trophy office towers in Downtown Los Angeles, for about half of the outstanding debt on the property.  South Korea-based investment... Read more »
Planned Hollywood office tower gets billion-dollar price tag

Planned Hollywood office tower gets billion-dollar price tag

At a time when office landlords are struggling to attract and keep tenants, a Hollywood real estate developer is forging ahead with plans for a visually arresting high-rise on Sunset Boulevard that... Read more »
Gas Company Tower Receiver Seeks Court OK for LA City Lease

Gas Company Tower Receiver Seeks Court OK for LA City Lease

The receiver on the Gas Company Tower, the 54-story Downtown L.A. office tower formerly owned by Brookfield Properties, has asked a court to approve a 308,000-square-foot lease with the City of Los... Read more »
B Office Tower Proposal Aimed at Entertainment Industry

$1B Office Tower Proposal Aimed at Entertainment Industry

The owner of the property at 6601 Sunset Blvd., Los Angeles investor and developer Maggie Miracle, has doubled down on an earlier $500-million proposal for the site near Gower Street with a... Read more »
Plans for Redwood-Inspired Tower in DTLA Cut Down by City

Plans for Redwood-Inspired Tower in DTLA Cut Down by City

Plans by Australian developers to build a 40-story housing tower inspired by giant redwood trees in Downtown Los Angeles have toppled with a resounding thud. The proposal by the Australia-based Crown Group,... Read more »
WPH Holdings Gains Approval for Long Beach Apartment Tower

WPH Holdings Gains Approval for Long Beach Apartment Tower

WPH Holdings was approved to build a 21-story apartment tower in Long Beach. The Downtown Los Angeles-based developer got the nod from the City Council to construct the 203-unit complex at 615... Read more »
Realm, Bascom Default on M Loan for Planned DTLA Tower

Realm, Bascom Default on $33M Loan for Planned DTLA Tower

Realm Group and the Bascom Group had their sights set on a 37-story residential tower in Downtown L.A., slated to be one of the tallest apartment buildings in the market.  But the... Read more »
LA Condo Owners Allege HOA Fraud at Tower Run by Barry Shy

LA Condo Owners Allege HOA Fraud at Tower Run by Barry Shy

While Barry Shy and his son Rommy have moved cash out of California and into Texas, the landlords are facing a new legal battle at home. A group of condo owners at... Read more »
LA City Starts to Negotiate New Lease at Gas Company Tower

LA City Starts to Negotiate New Lease at Gas Company Tower

The City of Los Angeles is, once again, interested in the Gas Company Tower, the 54-story building that Brookfield lost to a receivership earlier this year, after a previous lease deal fell... Read more »
JMB Realty Signs Law FIrm Lease in Century City Tower

JMB Realty Signs Law FIrm Lease in Century City Tower

JMB Realty is poised to sign its third tenant to a 37-story office tower in Century City, before the first floor has risen off the ground. The Chicago-based investor is close to... Read more »