Hannah Madans

Reporter (Real Estate)

Email: hmadans@labusinessjournal.com
Phone: 323-549-5225

Recent Stories

Ghost Kitchens Venture Plans Extensive Hiring

C3 will add 500 jobs across LA

C3, the brainchild of Beverly Hills-based SBE, mall giant Simon Property Group Inc. and hospitality company Accor, is hiring for more than 500 jobs in L.A.

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Prime Coastal Site Sells in Redondo

Mixed-use development is expected to replace aging power plant

AES Corp. has sold a prime 51-acre coastline site in Redondo Beach to a private developer.

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Multifamily Portfolio Fetches $22 Million

Beverly Grove apartment buildings total 60 units

A portfolio of four multifamily properties with a total of 60 units in Beverly Grove has sold for $22.4 million.

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Virus Forces Brokers to Get More Creative

Listing agents turn to virtual tours and 3D images

Top residential real estate agents in Los Angeles are trying to find ways of selling properties while people are observing the “safer at home” ordinance.

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Torrance Site Sells for $74 Million

Rent-subsidized senior property will be renovated

A 180-unit multifamily property in Torrance, the Golden West Tower, has sold for $74 million.

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WeHo Site Sells for $21 Million

Retail property sits on Melrose Ave.

Century City-based real estate investment company Blatteis & Schnur Inc. purchased a West Hollywood retail property for $20.6 million.

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Prime WeHo Property Sells

Site could see mixed-use development

A development site at the intersection of Santa Monica and La Cienega boulevards has sold for $22.5 million.

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Mamo Takes Over LB Marketplace

Company buys out partner Pacific Castle for $67 million

Santa Ana-based Mamo Properties Inc. bought out Irvine-based partner Pacific Castle Management Inc.’s share of the Long Beach Marketplace for $67 million.

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CGI Secures $48 Million in Financing

Developer will use funds for project in Koreatown

Woodland Hills-based CGI Strategies has received a $47.8 million construction loan from an unnamed national lender for a project in Koreatown.

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MJW Launches $500M Fund

Company seeks multifamily opportunities

Santa Monica-based MJW Investments is creating a $500 million fund to invest in value-add multifamily, student housing and more.

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