Inside Izek Shomof’s downtown Long Beach office-to-resi buy
Can downtown Los Angeles make a comeback? Izek Shomof, who was part of its earlier revival and once called the “King of Spring” because of the developer’s transformation of the Spring Street corridor in the early 2000s, thinks it can. That’s his number one goal, bringing the city back to what it was before the pandemic. Developers and investors need to work with politicians to fix the homelessness crisis, and then they can take back the streets, he said. It is easier said than done. But in the meantime, he has another project, in another downtown, on his mind. Shomof […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

LA County assessed property value reaches record high of $2.3T

Stanley Black’s Black Equities sets Culver City record with $106M multifamily buy

Nation's largest landlord accused of Section 8 discrimination in California

Oaktree Cofounder Howard Marks Is Selling Side-by-Side Mallorca Villas for $70 Million

The 30 Easiest Online Furniture Stores to Shop in 2026

The Complete Timeline of Trump’s Lincoln Memorial Reflecting Pool Repaint

Hilton & Hyland exodus to Keller Williams?

Jennifer Lopez Is Struggling to Sell Her $50 Million Beverly Hills Mansion

$200M Aman Beverly Hills penthouse poised to shatter Cali price record

Slatkin brothers’ $280M loan on luxe Santa Monica hotels sent to special servicing

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California, 92656, USA
