by Greg Wasik | Dec 18, 2018 | Los Angeles Real Estate and Appraisal News
Years after being shuttered due to being in violation of the approval to construct a 22-story apartment building, a local judge has given approval to the CIM Group to reopen the Sunset and Gordon tower located at, appropriately enough, the corner of Sunset an Gordon...
by Greg Wasik | Nov 8, 2018 | Los Angeles Real Estate and Appraisal News
Due to competition from Home Depot, retailer Lowes plans to close 47 retail stores in the US and Canada. 27 of the stores are in Canada and 24 were part of a 2016 acquisition. Marvin Ellison, Lowes CEO said: “The store closures are a necessary step in our strategic...
by Greg Wasik | Nov 6, 2018 | Los Angeles Real Estate and Appraisal News
Related Cos. massive The Grand project in downtown LA designed by famed architect Frank Gehry has just received a $620 million loan from Deutsche Bank and is expected to begin construction shortly. The project will contain retail, hotel and apartment components and...
by Greg Wasik | Oct 15, 2018 | Los Angeles Real Estate and Appraisal News
Famed Beverly Hills restaurateur Mr. (Michael) Chow has listed his Holmby Hills home for $78 million. The home contains more then 30,000 SF and was designed in the manner of the Museo Nacional Centro de Arte Reina Sofía in Madrid. The property is co-listed by Rick...
by Greg Wasik | Sep 29, 2018 | Los Angeles Real Estate and Appraisal News
According to CoreLogic, the median sales price in Southern California (encompassing 6-counties) increased to $535,000 in August 2018, up 1% from July. The median sale price increased 7% from the year prior and was just under the all-time high of $537,000 reached in...
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