Los Angeles Business Journal

Bethany covers the real estate industry.

Recent Stories

Caruso Closes on Sale of Palisades Site

Billionaire developer Rick Caruso announced Tuesday that his real estate company, Caruso Affiliated, has completed the purchase of a portfolio of retail properties in Pacific Palisades along Swarthmore Avenue.

Canadian Buyer High on Downtown L.A. Tower

Real Estate: Onni deal Beacon’s second in market in last two months.

A 17-story office building in downtown Los Angeles sold earlier this month for an as-yet undisclosed price.

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Jilted Bidders Seek State Sites

Real Estate: Revival of nixed portfolio deal sought.

Real Estate: Consortium to ask court to push through its 2010 purchase offer for a group of state-owned properties.

Colony to Pay $1.6 Billion for Industrial Portfolio

Santa Monica real estate investment trust Colony Financial Inc. announced Wednesday that it had agreed to acquire Cobalt Capital Partners, a real estate investment trust in Irving, Texas, for about $1.6 billion.

Oaktree to Expand Downtown L.A. Headquarters

Downtown L.A. asset management firm Oaktree Capital Management has signed a lease to extend and expand its headquarters in the area.

Jeans Maker Buttons Up Manhattan Beach HQ

LEASE: True Religion to exit Vernon, signs deal valued at $45 million.

Jeans and lifestyle company True Religion Apparel Inc. will move its corporate headquarters from a known hub for apparel manufacturing in Los Angeles to the beach – Manhattan Beach.

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Miracle Mile Property Faces Massive Departure

REAL ESTATE: Landlord in talks with big names to help replace media tenants.

Owner of Wilshire Courtyard may not have to go to great lengths to fill coming vacancies at the Miracle Mile property.

Travel Has Vintage Appeal

When Grant Kirkpatrick, partner at architecture firm Kirkpatrick Architects in Marina del Rey, decided to make his four-acre plot of land in Paso Robles into a vineyard seven years ago, his wife, Shaya, had an idea.

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Koreatown Apartments Flipped, To Be ‘Repositioned’

Apartment buildings in Koreatown continue to be a popular buy for investors. Murano Apartments, a 46-unit multifamily property at 342-50 S. Catalina St., was sold recently to Beverly Hills real estate company SM Management for $11.6 million, or about $252,000 a unit. The seller, San Mateo investment group TDA Inc., had purchased the building for $5.1 million in 2002, according to CoStar. The property was entirely occupied at the time of sale.

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Baby Products Firm Leases, Expands Downtown

Premium infant products company Ergo Baby Inc. will move its downtown L.A. headquarters early next year, though only baby steps away.

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