Homebuilder Rises as It Moves Back Into Markets
CONSTRUCTION: Stock of Ryland buoyed by run of recent acquisitions.
Ryland is building momentum as it buys back into markets the company fled during the downturn.
Developer Clears Out of Mixed-Use Complex
SALE: Thomas Properties sheds El Segundo project in $48.1 million deal.
Thomas Properties Group Inc. has sold a large El Segundo site on which it had planned to build a nearly 2 million-square-foot mixed-use complex for $48.1 million.
Reality Show Producer Fine-Tunes Headquarters
LEASE: Fremantle Media consolidates space with 10-year deal in Burbank.
Entertainment company Fremantle Media North America, producer of television shows such as “American Idol” and “X Factor,” is consolidating its headquarters in Burbank.
Hoteliers Find Rooms in L.A.
HOSPITALITY: Developers check into projects amid recovery.
Hoteliers have shed their recessionary reservations to move forward on a host of projects.
Family Fellowships By Design
Daughter follows dad to study architecture at academy in Rome.
Father and daughter keep it in the family with their fellowships to American Academy in Rome.
Ryland Buys Texas Homebuilder
Ryland Group Inc. is acquiring luxury homebuilder LionsGate Homes in Carrollton, Texas, the company announced Friday.
BofA Settles With Mortgage Insurer
Bank of America Corp. has agreed to pay mortgage insurer MBIA Inc. $1.6 billion to settle legal disputes related to home loans from its Countrywide Financial unit that were packaged into securities during the financial crisis, the bank announced Monday.
Area Hotel Checks In as Pedal Pusher
AKA Beverly Hills looks to steer guests to complimentary bikes.
AKA Beverly Hills hotel peddles complimentary bikes as a draw for guests.
Success Still in Cards for Prepaid Debit Pioneer
FINANCE: Green Dot revenue beats expectations despite rise in competition.
Investors put their money on prepaid debit card company Green Dot after healthy quarterly report.
Hair Product Takes Root On TV
Toppik’s head topper fills in blanks for actor portraying president.
Toppik Hair Building Fibers comes out ahead after it plays a role in making a bald actor look like President Obama.
Post Production Firm Stars in Office Acquisition
Purchase: Shapeshifter’s $5.2 million deal one of year’s highest in Burbank.
A post production company has bought an office building in the heart of Burbank’s Media District in one of the highest sales of its kind in the city this year.
Online Postage Company Finds Way on Wall Street
INTERNET: Stamps.com’s stock surges after beating earnings expectations.
Online postage company Stamps.com delivers on Wall Street with strong earnings.
Investment Group Has Armani Boutique in the Bag
ACQUISITION: Jenel takes Beverly Hills retail-office property for $40 million.
The Beverly Hills home of Emporio Armani Boutique has been sold for an estimated $40 million.
Studios’ Next Stages
Real Estate Quarterly
Three Hollywood studios expand their roles in the real estate market with large local projects.
Bread Maker Doesn’t Loaf On Nostalgia
La Brea Bakery giving away hometown trip in grilled-cheese contest.
La Brea Bakery seeks to get a rise out of customers with a grilled-cheese sandwich promotion.
Pacific Design Center Looks to End Vacancy Streak
REAL ESTATE: Vet exec brought in to land first tenants for Red Building.
Pacific Design Center brings in vet exec to get a new lease on life in signing Red Building tenants.
Homes Sales Remain Flat in County
The number of Los Angeles County homes sold in March remained flat compared with a year earlier while the median sale price soared as fewer homes were listed for sale.
Dallas Developer Lassoes Another L.A. Building
ACQUISITION: Lincoln to pay $50 million for downtown office property.
Lincoln Property Co. is about to acquire yet another downtown L.A. office building.
Giving Birth To Future
Egg donation service uses 3-D software to project face of child.
Egg donation service helps parents by projecting what their child will look like.
Owner Could Follow Disney Out of Building
LISTING: BlackRock may sell office tower left empty by entertainment giant.
The Burbank office building recently vacated by Walt Disney Co. may be put on the market.
Buyer Plans to Get Creative With Industrial Site
ACQUISITION: Developer to turn $8 million property into office campus.
A Culver City office warehouse has been sold for $8 million to a development team that plans to renovate it into a creative office campus.
Label Maker No Longer Stuck on Pasadena HQ
SALE: Avery Dennison makes $20 million deal with Legacy Partners.
Avery Dennison Corp., a label and packaging maker, has a contract to sell its Pasadena headquarters for about $20 million.
Staffing Jobs Not Just Kid Stuff
Nanny wrangler grows into range of personal service placements.
Lexington Nannies is now home to other personal placements such as chefs and housekeepers.
Show Biz Publication Raises Curtain on New HQ
LEASE: Parent of Variety plans to move operations into Westwood building.
Angelenos may soon be talking about the Variety building … in Westwood.
Deep Freeze To Heat Up Sweet Sales?
Ice Cream Lab hopes to change treat lovers’ tastes by degrees with liquid nitrogen-blasted confections.
Villaraigosa Won’t Wait for AEG
Reacting to Philip Anschutz’s decision to not sell AEG, L.A. Mayor Antonio Villaraigosa late Thursday said he wouldn’t wait on the sports and entertainment giant as a partner in modernizing the city’s Convention Center.
Kennedy-Wilson to Sell 9 Million Shares
Beverly Hills real estate investment and services firm Kennedy-Wilson Holdings, Inc. said Tuesday it planned sell 9 million shares of common stock.
MPG Office Trust To Sell U.S. Bank Tower
Struggling downtown real estate investment trust MPG Office Trust Inc. announced it had agreed to sell U.S. Bank Tower, the tallest building west of the Mississippi River, and a related parking garage, for $368 million.
Bean Counters Pull Up Roots
REAL ESTATE: KPMG to ditch its tower for new digs.
Accounting firm KPMG does a number on namesake downtown tower by moving closer to L.A. Live.
New Tenants Go Distance for Miracle Mile Space
LEASE: Pair of deals takes occupancy rate to nearly 80 percent at building.
Two new leases have brought a struggling Miracle Mile office building to near 80 percent occupancy.
Office Kingpin Loses Crown
REAL ESTATE: Jamison sells buildings as rents fall.
Jamison Services jettisons 10 percent of its portfolio as well as the title of L.A.’s biggest office landlord.
Girls School Gets Down To Business
Archer works to give students skill sets for future careers.
Archer School for Girls has made preparing students for the business world its job.
Larry Flynt Hustles Up Buyer for Beverly Hills HQ
SALE: LFP headquarters building scores $82 million from Douglas Emmett.
Hustler Magazine publisher Larry Flynt has agreed to sell his Beverly Hills headquarters building for $82 million, sources told the Business Journal.
Developer Rolls Dice on Casino
REAL ESTATE: Meruelo bets on Trump Plaza revival.
Meruelo Group rolls dice on purchasing and reviving Trump Plaza casino in Atlantic City, N.J.
Married To Gay Weddings
Honeymoon website hopes to ride rise in same-sex nuptials.
ChicGayHoneymoons.com aims to remove obstacles to same-sex spouses’ romantic getaways.
Online Ad Firm Clicks With Playa Vista Space
LEASE: Rubicon Project leaves West L.A. office in search of lower rent.
Rubicon Project is moving to Playa Vista from its West L.A. digs, the latest tech firm to head south to escape rising rents and limited space options.
Taking Lead Role In Investing
Teen actress looks to help others stock up on trading know-how.
Teen TV actress Rachel Fox wants to channel her fame into support for stock trading.
Retail Floor of Downtown's Market Lofts Is Sold
CIM Group Inc. has sold the nearly 60,000-square-foot downtown retail property that houses Ralphs Fresh Fare market to MDC Realty Advisors USA Inc. for nearly $19 million.
Golden Triangle Rounds Up Another Pricey Deal
SALE: Restaurant-retail property in Beverly Hills sells for $11.8 million.
An 11,000-square-foot commercial property on Little Santa Monica Boulevard in Beverly Hills’ Golden Triangle has been sold for nearly $11.8 million, one of the highest per-square-foot prices in the city in the past year.
Marina del Rey Harbors Growth Plan
Real Estate: Developers look to plug into Silicon Beach scene.
Marina del Rey developers look to ride the Silicon Beach-fueled wave of interest in the Westside.
Microsoft Big On Westside
Real Estate: Tech titan doubles up on office leases.
Industry giant Microsoft plugs into L.A.’s Westside tech scene with two office deals.
Brokerage Sold on Bigger Downtown L.A. Presence
LEASE: Cassidy Turley takes larger space in deal valued at $2.1 million.
St. Louis brokerage Cassidy Turley Inc., which opened its first L.A. office only nine months ago, has signed a lease to move its regional offices into bigger space in downtown’s City National Plaza at 555 S. Flower St.
Exclusive: Microsoft Expanding on Westside
Microsoft Corp. is close to signing two leases that would significantly expand its presence in L.A.’s Westside tech hotbed.
Deal for Valley Office Campus Priciest in Decade
ACQUISITION: Brookfield shells out $92 million for Corporate Pointe.
A sprawling office campus in West Hills has been sold for $92 million, the largest office sale in the market in more than a decade.
Mouse Hole For Burbank
REAL ESTATE: Disney exit to trap market in office glut.
Burbank is far from the happiest place on Earth as Disney plans massive exodus from office tower.
Long View in Long Beach
Special Report: Real Estate Quarterly
Miracle Mile Landlords Think Creative and Raise Asking Rents
Reports - The Wilshire Corridor experienced a relatively flat fourth quarter in 2012, prompting landlords to raise rental rates by a penny a foot.
Trying To Push Right Buttons
L.A. AppShow helps creators connect to potential customers.
The L.A. AppShow works to put developers of mobile and tablet products in touch with potential customers.
Historic Residential Property Trades at Lofty Price
Real Estate: Art deco building, taken back by bank, sold for $30 million.
South Korean investors move into downtown L.A. with pricey deal for loft property.
Let Loose in Long Beach
SPECIAL REPORT: Updated zoning plan helps draw developers downtown in L.A. County’s second- biggest city.
Changes to Long Beach’s zoning codes helped turn the city’s downtown into a center of attraction for developers.
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