
Hudson Pacific Properties posts $105M loss, lands extension on billion-dollar Hollywood maturity
Victor Coleman’s Hudson Pacific Properties posted a $105 million loss for the second quarter — worse than the $53 million loss last quarter and the $83 million loss in the same period last year — but it isn’t all bad news for the studio and office owner. Hudson Pacific and its partner Blackstone had
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On the Couch with Valentina Akerman
Galerie Sardine’s beloved matriarch is a design aficionado whose worldly tastes include Tadao Ando architecture, Greek getaways, and a 1974 Mario Bellini “Bambole” three-seater.
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Kelemen defaults on loan tied to Atrium in Irvine, owes $100M
The Kelemen Company’s Atrium faces foreclosure after a loan default. Tibor Kelemen’s outfit defaulted on an $80 million loan on two 10-story office towers connected by a glass atrium in Orange County. It owes its lender, Claros Mortgage Trust, about $106 million, according to a notice of default and
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Malibu estate tops luxury contracts with $25M ask
Malibu was home to the priciest residential contract inked in Los Angeles County last week — a deal for the property at 6051 Philip Avenue that shed light on a recent market dip. The roughly 13,400-square-foot mansion’s $25 million list price earned it the top spot of the week based on a report comp
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