Newport Beach approves market-rate condos from Lincoln Property near John Wayne airport

Newport Beach officials gave the green light to a condominium development near John Wayne International Airport.  The Newport Beach Planning Commission approved the development of 100 market-rate condos, known as The Residences at 1500 Quail Street, the Los Angeles Times reported. The application co

More details emerge on Cedars-Sinai’s Beverly Connection buy

It looks like there’s more under the surface with Cedars-Sinai’s recent Beverly Connection buy. The Real Deal previously reported Ben Ashkenazy sold his Beverly Connection to Cedars-Sinai for about $270 million. It now appears that Cedars-Sinai doled out another roughly $34 million for some of the l

Holmby Hills manse fit for “Rich Girl” takes price cut while LA luxury sales rise

A Holmby Hills estate with a high design pedigree is back on the market with a price cut and a fully gutted interior. The Georgian-style mansion at 10790 Bellagio Road is asking $34.5 million, down from its $37.5 million asking price last year, the California Post reported. The unidentified seller b

LA County to help small businesses buy property with latest commercial acquisition funding

Small businesses and nonprofits looking to acquire commercial properties across Los Angeles County will soon get some help from the local government.  The Los Angeles County Department of Economic Opportunity, in partnership with Genesis L.A. Economic Growth Corporation, will provide roughly $2.6 mi