Beverly Hills
Rising Land Values Boost Appeal of Corner Center
A rare newly constructed single-tenant grocery property in Los Angeles recently sold for $35 million. Serving as an anchor of… Read more
Kennedy Wilson Posts Record Earnings in Q2
Beverly Hills-based Kennedy Wilson recently announced historic earnings for second quarter 2021. The firm completed $1.7 billion in transactions, which… Read more
Guess Relocates from Rodeo Drive to Golden Triangle
Global lifestyle brand Guess recently signed an 8,000-square-foot lease at 320 North Beverly Dr. in the Golden Triangle in Beverly… Read more
One Beverly Hills Financial Benefits to Exceed $1B in a 30-Year Period
One Beverly Hills, a $4 billion master-planned development at the Western gateway of Beverly Hills, is expected to proceed after… Read more
Demand for OC Industrial Continues on Upward Trajectory
The tightness of the Orange County industrial market coupled with rising demand from investors and owner-users alike is driving a… Read more
Braemer Enters Purchase Agreement for Mr. C Beverly Hills Hotel
Braemar Hotels & Resorts Inc. has entered into a definitive agreement to acquire the 138-room Mr. C Beverly Hills Hotel… Read more
Private Buyer Pays $1,700/SF in Golden Triangle
An owner/user, George Chamoun, has paid $8.2 million or $1,700 per square foot for a 4,900-square-foot building located at 9549-9551… Read more
Optimus Properties Completes First Distressed Note Sale
Optimus Properties LLC, headquartered in Los Angeles, has completed the purchase and subsequent disposition of its first distressed note backed… Read more
Medical Office Remains Lender Fav After COVID’s Wrath
As the pandemic’s lessons are revealed, one surety is that medical office is one of the most resilient asset classes… Read more
Montage Healdsburg Resort Goes for $265M or $2M Per Key
The 130-room Montage Healdsburg recently sold to Sunstone Hotel Investors Inc. for $265 million or $2 million per key. Montage… Read more
9033 Wilshire in Beverly Hills Sells to LaSalle for $74M
The medical sector is a high conviction product for investment capital post-pandemic because of the typical predictability and durability of… Read more
Skanska Advances Second Beverly Hills Development
Skanska acquired a development site at 8633 Wilshire Blvd., with plans for a three-story, 43,900-square-foot office project. The seller was… Read more
MG Properties Bags Bellevue MF from Kennedy Wilson for $191M
San Diego-based MG Properties Group acquired the LIV Bel-Red Apartment Homes in Bellevue for $191 million. The seller was Kennedy… Read more
Lawyers in Real Estate 2020: Sklar Kirsh’s Andrew Kirsh
Andrew T. Kirsh is a Co-Chairman of Sklar Kirsh LLP, Chair of the firm’s Real Estate Department, and a member… Read more
KOAR Eyes McKinney for First Texas MXU Project
McKinney Joint Venture, an affiliate of Beverly Hills-based KOAR Institutional Advisors has rezoned 62 acres of the 80 acres it acquired in… Read more
Apollo Provides Nearly $575M in CRE Loans on Premiere L.A. Properties
New York-based Apollo Global Management, Inc. reported that funds and entities managed by its affiliates closed on more than $300… Read more
Skanska Unveils Beverly Hills Development
Skanska is set to break ground on 9000 Wilshire Boulevard, a $65-million, future-focused office development in Beverly Hills. The three-story,… Read more
Kennedy Wilson Completes $200M of MF Acquisitions in Arizona, Colorado
Beverly Hills, CA-based Kennedy Wilson and various investment vehicles managed by the firm acquired a trio of multifamily assets totaling… Read more
EOS Investors Acquires Viceroy L’Ermitage Beverly Hills for $100M
New York-based EOS Investors LLC acquired Viceroy L’Ermitage Beverly Hills, a 116-suite luxury hotel in Beverly Hills. The $100-million stalking-horse… Read more