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Historic Celebrity Magnet ‘El Royale’ Trades Hands for $29.5M

Historic Celebrity Magnet ‘El Royale’ Trades Hands for $29.5M

Located at 450 North Rossmore Avenue, the building features 56 luxury units, with an impressive per-rate unit of $527,000. The property offers an expansive overlook with views that include Hancock Park and the nearby Wilshire Country Club. The average apartment is about 1,400 square feet. Forty-six of the units are…

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Historic Celebrity Magnet ‘El Royale’ Trades Hands for $29.5M

Historic Celebrity Magnet ‘El Royale’ Trades Hands for $29.5M

Located at 450 North Rossmore Avenue, the building features 56 luxury units, with an impressive per-rate unit of $527,000. The property offers an expansive overlook with views that include Hancock Park and the nearby Wilshire Country Club. The average apartment is about 1,400 square feet. Forty-six of the units are…

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Multifamily Portfolio in Lancaster is Acquired by MG Property Group

Multifamily Portfolio in Lancaster is Acquired by MG Property Group

A Lancaster, CA multifamily portfolio was recently acquired by real estate company MG Properties Group from an unnamed seller. The San Diego-based company paid approximately 91.75 million for the four residential communities. The properties comprising the portfolio are Cordova Park, Granada Villas, Sienna Heights and Woodlands West, all of them…

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Multifamily Portfolio in Lancaster is Acquired by MG Property Group

Multifamily Portfolio in Lancaster is Acquired by MG Property Group

A Lancaster, CA multifamily portfolio was recently acquired by real estate company MG Properties Group from an unnamed seller. The San Diego-based company paid approximately 91.75 million for the four residential communities. The properties comprising the portfolio are Cordova Park, Granada Villas, Sienna Heights and Woodlands West, all of them…

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Kilroy Expands SoCal Portfolio With Media-Centric Office Acquisitions

Kilroy Expands SoCal Portfolio With Media-Centric Office Acquisitions

Real estate investment trust Kilroy Realty Corp. has further increased its Southern Californian footprint by completing the acquisition deal for Columbia Square, a Hollywood media campus. The company is also in final stages on the acquisition of Tribeca West, an entertainment-oriented office property in West L.A.…

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Kilroy Expands SoCal Portfolio With Media-Centric Office Acquisitions

Kilroy Expands SoCal Portfolio With Media-Centric Office Acquisitions

Real estate investment trust Kilroy Realty Corp. has further increased its Southern Californian footprint by completing the acquisition deal for Columbia Square, a Hollywood media campus. The company is also in final stages on the acquisition of Tribeca West, an entertainment-oriented office property in West L.A.…

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Wells Fargo Inks Decade-Long Renewal Deal With MPG Office Trust

Wells Fargo Inks Decade-Long Renewal Deal With MPG Office Trust

Wells Fargo recently completed a deal to keep it at its current Los Angeles home. The banking giant has finalized a lease renewal with landlord MPG Office Trust, Inc. for space at the Bunker Hill-located Wells Fargo tower. The financial entity will stay on the building’s tenant roster for another…

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Wells Fargo Inks Decade-Long Renewal Deal With MPG Office Trust

Wells Fargo Inks Decade-Long Renewal Deal With MPG Office Trust

Wells Fargo recently completed a deal to keep it at its current Los Angeles home. The banking giant has finalized a lease renewal with landlord MPG Office Trust, Inc. for space at the Bunker Hill-located Wells Fargo tower. The financial entity will stay on the building’s tenant roster for another…

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City Planning Commission Approves Hyatt Regency Century Plaza Hotel Redevelopment

City Planning Commission Approves Hyatt Regency Century Plaza Hotel Redevelopment

By Alex Girda, Associate Editor The efforts of area homeowners, conservation groups and local officials who have championed the Hyatt Regency Century Plaza Hotel’s redevelopment plan have been rewarded. The Los Angeles City Planning Commission recently approved developer Next Century Associates’ comprehensive proposal to turn the hotel they own into…

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City Planning Commission Approves Hyatt Regency Century Plaza Hotel Redevelopment

City Planning Commission Approves Hyatt Regency Century Plaza Hotel Redevelopment

By Alex Girda, Associate Editor The efforts of area homeowners, conservation groups and local officials who have championed the Hyatt Regency Century Plaza Hotel’s redevelopment plan have been rewarded. The Los Angeles City Planning Commission recently approved developer Next Century Associates’ [...]…

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Olympic-Bundy Media Campus Trades Hands for $89 Million

Olympic-Bundy Media Campus Trades Hands for $89 Million

By Alex Girda, Associate Editor The Olympic-Bundy Media Campus has been snapped up by Hudson Pacific Properties, Inc. according to a statement the company released via its official website. The company had hinted at this move earlier this year when it announced that it had entered a purchase agreement for…

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Olympic-Bundy Media Campus Trades Hands for $89 Million

Olympic-Bundy Media Campus Trades Hands for $89 Million

By Alex Girda, Associate Editor The Olympic-Bundy Media Campus has been snapped up by Hudson Pacific Properties, Inc. according to a statement the company released via its official website. The company had hinted at this move earlier this year when it [...]…

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