Hackman sues Erewhon alleging unpaid rent to the tune of $275K
Hackman Capital Partners is suing Erewhon over unpaid rent — claiming its luxe Culver Steps tenant owes more than $275,000, in a breach-of-contract complaint dated May 21. Their lease agreement was made in June 2021, began June 2023 and isn’t set to expire until May 2038, per the complaint. Per the lease, Erewhon would pay a monthly rent that periodically increased: about $86,500 per month for the first five years, $95,000 per month for the next five and about $105,000 per month for the last five. There are other costs such as common area maintenance and taxes, too, per a […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Crickets from real estate on LA mayoral race

The House Where Lili Fini Zanuck Found Joy Again

Rockwell Group eschews 90-degree angles for Skywalker Grill at Lucas Museum

Dhar Mann lands loan to back his production campus buy

6 Easy Home Repairs You Can Tackle in 10 Minutes or Less

The Design Fiend’s Guide to Paris

This week we revealed the Dezeen Awards shortlists

Is Demna’s Parallel Gucci Universe the Future of Retail?

Pacific Retail, Conversant Capital form JV to buy Ventura mall

The “Fresh Prince of Bel-Air” House Gets a $6.5 Million Price Cut—Plus 4 More Luxury Homes for Sale

"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
