Developer JMB Realty has secured a $575-million construction loan for 1950 Ave. of the Stars, a 730,000-square-foot office development in Century City, according to published reports. The loan was provided by an... Read more »
South Korean investment manager Consus Asset Management has agreed to pay $145 million, or $145 per square foot, for the one-million-square-foot office tower at 777 S. Figueroa St. in Downtown Los Angeles, reported Bloomberg... Read more »
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 »
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 »
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 »
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 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 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 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 »
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 »