Hollywood
Dream Las Vegas on the Rise
The 531-room hotel will rise 20-stories and cost $550 million. Shopoff Realty Investments and Contour jointly acquired the land, entitled… Read more
LPC Acquires Two LA Multifamily Assets
Langdon Park Capital (LPC) has purchased a pair of multifamily real estate assets in the Los Angeles area. The two… Read more
Prime Development Site Near SoFi Stadium Sells for $11M
CBRE has arranged the $11 million sale of a 41,000-square-foot development site adjacent to SoFi Stadium in Inglewood, CA. Surrounded… Read more
LA Region Sees Robust Start to 2022 Multifamily Market
A CBRE report indicates the national multifamily sector saw record leasing activity, rent growth and investment during the first quarter… Read more
BWE Refinances Nine Multifamily Buildings in LA County
Bellwether Enterprise Real Estate Capital LLC has announced the closing of a $108 million refinancing of nine apartment complexes in… Read more
Mesa West Closes ReFi’s for Two LA Luxury Structures
Mesa West Capital is moving on a recapitalization of two Los Angeles, luxury apartment buildings. The deal involves $84.75 million… Read more
Hollywood Media Campus Changes Hands for $93M
A sizable, 3.5-acre site has changed hands in Los Angeles; specifically, the Hollywood Media Campus at 1350 North Western Avenue… Read more
Fresh Flex-Work Space for Hollywood Blvd.
Flexible-workspace specialists Industrious Office is adding a ninth property to their existing footprint of eight spaces in Los Angeles. The… Read more
Morguard Acquires Remaining Stake in Hollywood Mixed-Use
Morguard Corporation acquired the remaining 40.9% ownership of Lumina, a premium mixed-use property in Hollywood. Although the company didn’t disclose… Read more
Stanley Ave. Asset Provides Owner with Rare Value-Add W. Hollywood Address
An eight-unit apartment property located at 1041 North Stanley Ave. in West Hollywood, recently sold for $2.9 million. The buyer… Read more
W Hollywood Goes for Nearly $200M in Sale to Trinity/Oaktree
A joint venture among funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC, and… Read more
Universe Holdings Receives $36.5M Cash-out for 11 Multifamily Properties
Capitalizing on the ongoing rise in property values in its 7,500-unit portfolio history, Universe Holdings recently received $36.5 million in… Read more
Dreamscape JV Goes Forward with Plans for East Hollywood Project
Dreamscape Companies and American Commercial Equities (ACE) are moving forward with joint venture plans for a large-scale mixed-use development at… Read more
Oxford Capital Adds Thompson Chicago to Hotel Portfolio
Oxford Capital Group, LLC has acquired the 247-key, luxury lifestyle hotel Thompson Chicago, located in downtown’s Gold Coast neighborhood, for an undisclosed sum. Oxford Capital Group’s wholly owned… Read more
HPP and Blackstone Unveil $180M Studio Plans
Hudson Pacific Properties Inc. and Blackstone recently unveiled plans to develop a fully entitled studio facility in Sun Valley, CA.… Read more
Television Center Gets New Life as Hollywood Exchange
BLT Enterprises is repositioning its recently acquired 200,000-square-foot creative campus, which the firm has rebranded as the Hollywood Exchange. The… Read more
Hyatt Hotel Nue Secures $27M Construction Bridge Loan
A $27 million construction completion bridge loan was recently provided to recapitalize the Hyatt Hotel Nue at 1525 North Cahuenga… Read more
The Rise Capitalizes on Hollywood Location
The Rise, a 561,600-square-foot seven-story mixed-use residential and creative office project in Hollywood, was recently completed by Rescore Property Corporation.… Read more
LA is Top Priority Market for Common
Los Angeles is set to become Common’s largest U.S. market. In fact, between now and the end of 2021, the… Read more