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Wilshire Boulevard

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LA Metro Gold line train arriving at Los Angeles Union Station during COVID-19 Era
AECFeaturedIndustry NewsLos Angeles

Three New D Line Stations Push Metro Rail Ridership to Six-Year High as Weekend Trips Surge 18%

The opening of three new D Line subway stations along Wilshire Boulevard helped lift Los Angeles County rail ridership to its strongest monthly...

Mercedes grille
AECIndustry NewsLeasingLos AngelesRetail

Fletcher Jones Plants Mercedes-Benz Flag in Beverly Hills’ Core With 38,000 SQFT Wilshire Lease

Multi-decade deal at 8825 Wilshire delivers the last automotive-zoned site in the city — sales bays and all — to the nation’s top-performing...

Beverly Hills aerial photo
AECIndustry NewsLos AngelesResidential

Millennium Partners Trims Beverly Hills Tower to 211 Units, Doubles Affordable Set-Aside Under AB 2011

New York developer abandons discretionary entitlement track for ministerial approval, betting that state housing law clears a faster path through one of California’s...

Image of a building with a blue sky
AECFinanceIndustry NewsLos AngelesResidential

Jamison Properties Closes $22MM Floating-Rate Loan to Finance Office-to-Residential Conversion of 259,484 SQFT Harbor Building in Los Angeles

The six-story Mid-Wilshire property, originally built in 1958, is positioned for a 265-unit multifamily redevelopment under the city’s newly expanded adaptive reuse framework....

Beverly Hills aerial photo
FinanceIndustry NewsLos AngelesNews ReleasesRetail

Ashkenazy Purchases Neiman Marcus Site in Beverly Hills for $50MM, Adding 350,000 SQFT to Golden Triangle Portfolio

Real estate investor secures acquisition of Neiman Marcus property with $39 million financing, expanding Golden Triangle portfolio to 350,000 square feet Real estate...

alo yoga
CommercialIndustry NewsLos Angeles

Alo Yoga Acquires 83,000 SQFT Beverly Hills Office Tower for $90MM

Athleisure brand expands West Coast footprint with landmark Wilshire Boulevard property Alo Yoga has acquired a prime office building at 8942 Wilshire Boulevard...

Santa Monica beach with downtown in the background
FinanceIndustry NewsLos AngelesResidentialRetail

GR Properties USA Secures $42MM Financing for Santa Monica Mixed-Use Property

Deal highlights continued cross-Pacific appetite for prime coastal California real estate despite broader market headwinds A Hong Kong-based property company has successfully refinanced...

AECIndustry NewsLos AngelesRetail

Tiffany & Co. Gains Approval for Beverly Hills Flagship as Rodeo Drive Luxury Arms Race Intensifies

Three-story retail complex will feature rooftop VIP lounge and Blue Box Café, latest salvo in high-stakes battle for ultra-wealthy clientele Beverly Hills’ iconic...

Beverly Hills aerial photo
AECFeaturedIndustry NewsLos AngelesResidential

Beverly Hills Forced to Process Controversial 19-Story High-Rise Under State Housing Law

Court ruling highlights growing tensions between local zoning control and California’s affordable housing mandates A Los Angeles Superior Court judge has delivered a...

Hotel sign on top of a building
FinanceHospitalityIndustry NewsLos Angeles

Foreclosure Drives Corten Real Estate Partners’ $68MM Acquisition of Line Hotel in LA’s Koreatown

Company acquires 390-room property after previous owner defaults on $100 million loan The Line Hotel in Los Angeles’ Koreatown has changed hands for...

Studio set up
CommercialFinanceIndustry NewsLos Angeles

CIM Group Completes $230MM Recapitalization of The Lot at Formosa, A Historic West Hollywood Studio Campus

CIM Group has completed a $229.8 million internal transaction involving its West Hollywood studio property, The Lot at Formosa, in what the company...

Walk of fame - Hollywood Boulevard in Los Angeles
CommercialFinanceIndustry NewsLos AngelesRetail

Tinder Co-Founder Makes $69MM Bet on Hollywood Real Estate, Buying Hollywood Galaxy Retail and Adjacent Petersen Building

Tinder co-founder Justin Mateen has made a bold contrarian investment in Hollywood’s commercial real estate market, purchasing the Hollywood Galaxy shopping center and...

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