Beverly Hills
Kennedy Wilson, Fairfax Financial Close on $1.65B Take-Private Deal
Kennedy-Wilson Holdings, Inc. said Tuesday that Fairfax Financial Holdings Limited had completed its all-cash acquisition of the company. First announced… Read more
MMCC Arranges $85M Construction Loan for Beverly Hills Mixed-Use
Marcus & Millichap Capital Corporation (MMCC) has arranged $85 million in construction financing for development of a 297,771-square-foot mixed-use project… Read more
Apartments Along Burton Way Trade for $603K Per Unit
Marcus & Millichap closed the sale of The Versailles Apartments, a five-story, 78-unit multifamily asset at 8811 Burton Way in Los Angeles.… Read more
Rockpoint Scores Mid-Rise Apartment Property in Westwood
Rockpoint, a Boston-based real estate private equity firm, has acquired Wilshire Margot, a 97-unit multifamily property located at 10599 Wilshire… Read more
Avison Young Negotiates Relocation for Mercedes-Benz of Beverly Hills
Avison Young negotiated a multi-decade, 37,561-square-foot lease on behalf of the ownership for the relocation of Mercedes-Benz of Beverly Hills –… Read more
Beverly Hills Investor Snares Triple-Net-Leased Merced Furniture Store
SRS Real Estate Partners has completed the $4.64-million sale of a single-tenant property occupied by Mor Furniture located at 1720 W.… Read more
Cain, Alchemy-ABR Secure $321M Refi for Newly Delivered Plaza District Offices
Cain and Alchemy-ABR Investment Partners have secured a $321-million refinancing for 125 W. 57th St., a newly delivered Class A office tower… Read more
Douglas Emmett Adds MOB Portfolio to Beverly Hills Holdings
Douglas Emmett, Inc. has acquired the Bedford Collection, a 246,000-square-foot outpatient medical portfolio located on Bedford Drive in the Beverly… Read more
Babylist Inks SoHo Lease for First NYC Store
Babylist, a digital platform for baby registries and parenting resources, has signed a new 10-year lease for 20,000 square feet at… Read more
One Beverly Hills Lines Up $4.3B Financing to Complete Development
One Beverly Hills, featuring Aman Beverly Hills and The Beverly Hilton, has secured a $4.3 billion-financing to complete its development… Read more
CIM Completes Second Multifamily Project in LA’s West Adams Neighborhood
CIM Group has completed The Read, a 75-unit, six-story apartment building with 9,000 square feet of ground-floor retail located at… Read more
Kennedy Wilson to be Taken Private in $1.65B Deal
Kennedy-Wilson Holdings Inc. said Tuesday it had entered into an agreement to be taken private by a consortium led by… Read more
Retail: The Challenge of Prime Urban Corridor Entry
Pictured: Union Square in San Francisco Competing for prime urban retail corridor space isn’t a genteel process. Rather, it has… Read more
Madison Realty Capital Furnishes $107M Debt on South Bay Industrial
Madison Realty Capital originated a $107-million mortgage and mezzanine loan to finance the acquisition of 588 Crenshaw Blvd. in Torrance… Read more
Ashkenazy Acquires Neiman Marcus Site in Beverly Hills
Ashkenazy Acquisition Corp., a private real estate investment firm owned by Ben Ashkenazy, has acquired the two-city-block Neiman Marcus site… Read more
California Pizza Kitchen Sells to Investor Group
Consortium Brand Partners (CBP) anticipates “a new era of growth” for California Pizza Kitchen (CPK), the casual dining restaurant chain… Read more
Bacari Restaurants to Open Ninth LA-Area Location in Long Beach
Los Angeles-based Bacari Restaurants has acquired the former Michaels restaurant, a two-story restaurant building located at 5620 2nd St. in the Belmont… Read more
$10B One Beverly Hills Launches Vertical Construction
Vertical construction has launched at One Beverly Hills, the $10-billion master-planned development at the western gateway of Beverly Hills. Phased… Read more