Los Angeles Business Journal

Bethany covers the real estate industry.

Recent Stories

Tease photo

Deal Price for Tower Takes Elevator to Top Floor

REAL ESTATE: $175 million sets new total-dollar high for downtown market this year.

Downtown tower hits high mark this year in $175 million sale.

Owner of Apartments Moves Into Office Property

ACQUISITION: SM pays $76.5 million for home to media, entertainment firms.

Beverly Hills real estate company SM Management has purchased the Class A office tower at 6100 Wilshire Blvd. for $76.5 million, about $358 a square foot.

Deal Price for Tower Takes Elevator to Top Floor

In one of the priciest downtown L.A. office deals since the recession, real estate investment management company Cornerstone Real Estate Advisers has negotiated to buy the tower at 801 S. Figueroa St. for about $175 million, according to sources familiar with the transaction.

Santa Monica Apartment Building Trades at Peak Price

A 60-unit apartment complex just five blocks from the beach in Santa Monica sold recently for $26.5 million, or nearly $442,000 a unit.

InterContinental Will Operate New Wilshire Grand Hotel

British hospitality company InterContinental Hotels Group announced Tuesday that it would operate the hotel atop the $1.1 billion Wilshire Grand project in downtown Los Angeles.

Zealot Networks Leases Former Ray Bradbury Home

Danny Zappin, co-founder and former chief executive of Maker Studios Inc., has cinched coveted creative space in Venice for a fledgling digital media studio.

Healthy Snack Maker Sweet on Southern California

FOOD: Popchips to ditch San Francisco headquarters for Playa Vista building.

San Francisco healthy snack maker Popchips has new Playa Vista headquarters in the bag.

Tease photo

Chinese Investor Makes Move on Burbank Media

ACQUISITION: Property aimed at entertainment tenants sells for $22 million.

Burbank Civic Plaza, a Class A office building in the city’s civic center, has sold to a Chinese investment group for $22 million, or about $287 a square foot.

Law of Jungle in Action

Mark Robinson knew when he embarked on an African safari this summer with his wife, Pamela, that he’d get to see all kinds of wildlife up close. But the executive director of Cushman & Wakefield’s Century City real estate brokerage never imagined just how close.

Sunset Complex Sells for Big Bucks

A Sunset Boulevard apartment building with 183 units has sold for $92.7 million, about $507,000 a unit.

More stories