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Hannah Madans

Stories by Hannah

West L.A. Retail Center Sells For $14M

A retail center in West L.A. was purchased by Los Robles Office Partners for $13.5 million, according to property records.

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Arcadia Shopping Mall to Be Converted to Mixed-Use Community

Lennar Homes has purchased a shopping center in Arcadia from the Olson Company.

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Vili Vaananen

20 in their 20s

Chief executive and co-founder of Highkey

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Alix Peabody

20 in their 20s

Chief executive and founder of Alix Co.

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Michael Lucarelli

20 in their 20s

Chief executive and co-founder of RentSpree

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Shared Space

The latest entrant to coliving market offers hip, furnished apartments

The rise of coliving in L.A.

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Harbor Group Makes LA Purchase

RE investor takes $3 million stake in West Hollywood apartment building

Harbor Group looks to expand its L.A. presence with $3.25M stake in West Hollywood apartment building.

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Businesses Flock to West Adams

Real Estate: New companies, high-rises drive neighborhood shift

Retailers are flocking to West Adams.

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Kitchen Aid

Restaurants renting offsite prep space to keep up with delivery demand

Virtual kitchens by Colony, Cloud Kitchens and Kitchen United look to fill restaurants’ need for more kitchen space.

Hackman Nears Soundstage Buy

Group in talks to purchase MBS Media Campus

Hackman Capital looking for a Hollywood ending with another studio purchase.

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Colony Capital Refinances Nearly $2B

Downtown-based Colony Capital Inc. has refinanced $1.725 billion of consolidated debt in its healthcare portfolio.

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Douglas Emmett Buys Westwood Apartment Building for $365M

Santa Monica-based Douglas Emmett Inc. purchased a 350-unit apartment building in Westwood for $365 million, the group announced June 10.

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Hackman Capital Partners In Talks For $700M Studio Buy

Hackman Capital Partners is in talks to buy MBS Media Campus for roughly $700 million.

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Automation Arriving at Area Garages

Miracle Mile, Hollywood set for new structures

Developments add automated parking lots.

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Offices Go Industrial Chic

REAL ESTATE: Warehouse conversions on the rise

Westside startups and creative companies want to work in converted warehouses.

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Koreatown Parcels Sold

Neighborhood’s multifamily residences draw in developers

Urban Commons nabs Koreatown parcels.

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Pacific Ketamine Institute Opens in Beverly Hills

Pacific Ketamine Institute officially opened a ketamine clinic in Beverly Hills June 6.

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Glendale Multifamily Portfolio Sells for $79M

Dana Point-based Raintree Partners purchased seven multifamily properties in Glendale for $79 million.

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Rexford Buys Two Properties for $35M

Brentwood-based Rexford Industrial Realty Inc. has snapped up two industrial properties for $34.4 million.

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$400M Tower Planned for Miracle Mile

Mid-Wilshire development to create 42-story high-rise

Mid-Wilshire will soon be home to Walter Marks’ new high-rise.

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SETTING THE STAGE

Streaming is a boon for the handful of companies that own Tinseltown’s studio space

Streaming platforms flock to local soundstages.

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Trion Sells Redondo Retail Spaces

Seaside Village tenants include a mix of ‘internet resistant’ businesses

Trion sells Redondo retail properties for $9M.

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Sunset Strip Hotel Nabs $300M Loan

Mirae Asset Daewoo, Deutsche Bank provide funding for project

West Hollywood Edition secures $300M loan.

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LA Acquires Industrial Lot

City will expand adjacent transportation yard

City buys downtown industrial property.

Second Home Taps Ex-Clippers Exec

Company to open first flexible office location in Hollywood later this year

Second Home looks for Hollywood beginning.

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BLT Purchases Stages in Hollywood

A subsidiary of Santa Monica-based BLT Enterprises purchased the Ben Kitay Stages in Hollywood for an undisclosed sum, the group announced May 29. It is BLT’s first studio acquisition.

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Walter Marks Planning 42-Story, $400M Apartment Tower in Miracle Mile

Developer Walter Marks plans to build a 42-story, $400 million luxury apartment tower at 5411 Wilshire Blvd.

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Sunset Strip Project Gets $300M Loan

The West Hollywood Edition Hotel and Residences has received a $300 million floating-rate loan.

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Retail Opens Up

As shoppers move to ecommerce, more retail space available By HANNAH MADANS Staff Reporter

Vacancies rise in L.A.’s retail market.

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LA Care Signs Huge Downtown Office Lease

Health group sets plan to consolidate into 370k square foot space by 2024

L.A. Care Health Plan moving to larger office downtown

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Malibu Mall Nears Completion

Real Estate: Local pushback delayed project

Before Malibu’s first Whole Foods opens its doors in June, its 15-year lease will have already expired once.

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Blueground Growing in LA

Apartment sublease firm offers units to corporate travelers

Blueground Co. growing apartment sublease business in L.A.

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L.A. Rising: West Adams

Historic Neighborhood Finds New Development Focus

Historic West Adams in developers’ sights.

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Cosmetix West Sets Expansion

Beauty products maker leases warehouse space in Torrance

Cosmetix West to expand into new space in Torrance.

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Expo Park Plaza Sells for $18M

Expo Park Plaza, a retail center in Exposition Park, has sold for $17.85 million, Lee & Associates announced May 20.

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Dialysis Center Sells for $7.7M

New construction, single tenant drew interest in Carson

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Traditional Tenants Top Downtown

Media, coworking cos. expand their footprints

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Thorofare Names Credit Director

Firm offers commercial real estate loans up to $100 million

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Mutual Trading Nabs Warehouse

REAL ESTATE: Japanese food supplier to consolidate in new El Monte facility facility

Japanese food company finds a new home at El Monte warehouse.

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Ground Leases Gaining Favor

REAL ESTATE: Landlords, property owners both benefit

Property owners part with buildings but keep the land.

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L.A. Care Taking 370K SF Downtown

L.A. Care Health Plan has signed a 370,000-square-foot lease for an office building downtown, the company announced May 16.

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El Segundo Building Sold for $31M, Plans Call for Expansion, WeWork Space

Cardinal Real Estate Investments has purchased Continental Park in El Segundo for $31 million.

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Japanese Food Company Leases 300K SF in El Monte

A Japanese food, beverage and restaurant supplier has leased nearly 300,000 square feet at a new logistics facility in El Monte.

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Starwood Capital, Holland Partner Group Plan Opportunity Zone Development

Miami-based Starwood Capital Group and Vancouver, Wash.-based Holland Partner Group formed a joint venture to acquire and develop a multifamily property in San Pedro, Starwood Capital announced May 13.

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MetWest Residential Building Sold for $38M

Cypress Real Estate Advisors Inc. has purchased the MetWest, a multifamily building in Hollywood for $38 million, records show.

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CallisonRTKL Names New CEO

Kelly Farrell to run architecture and design firm from LA

Kelly Farrell to run architecture and design firm from LA

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Pasadena Retail Site Fetches $100M

Family trust sells Whole Foods location, purchases two investment properties

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Industrial Trends Upward

LA stayed hot in 2018 with 12% price jump year over year

Rexford Picks Up Two Industrial Properties for $30M

Sawtelle-based Rexford Industrial Realty Inc. purchased two industrial properties for $30.3 million, the company announced May 8.

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Beverly Hills Site Acquired for $130M, Luxury Residential and Retail Planned

A joint venture has purchased a development site in Beverly Hills for $130 million.

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