Posts Tagged ‘Los Angeles County’

Zulu Tattoo Kicks off Holiday Season With December 3rd Benefit for Aid for AIDS

Tuesday, November 25th, 2008

Luthier PR — Zulu Tattoo is launching its inaugural calendar featuring 12 clients and their body art, photographed by 12 local photographers, at a red carpet event in Silver Lake on December 3, 2008. All proceeds from calendar sales and the event will benefit Aid for AIDS (AFA). The event will be held at Medusa, [...]

The top two floors of a Century City residential tower sold for a record $47 million to Candy Spellin

Tuesday, July 22nd, 2008

A surprising news on property and real estate is on the air right now. Los Angeles condo sells for $2,848 (per square foot) A $47-million price tag may seem like an enormous sum, but this is all about downshifting in the fast lane. After all, the 62-year-old heiress with a reputation for embracing opulence will [...]

Real estate prices reach another record

Monday, April 16th, 2007

Southern California’s residential real estate market continued its wayward course in March with the median price reaching another record while sales declined to a 10-year low for that month, a market tracker said this week.
Last month the median price of a home in the six-county region rose an annual 4.6 percent to $505,000, said La [...]

5.7 percent of O.C. homesellers lost money last month

Friday, January 12th, 2007

The percentage of Orange County homesellers who lost money on their transactions went up in December for a second straight month, new figures from First American Real Estate Solutions show.
The profit rate reaped from the typical Orange County home sale last month also fell from the month before.
First American reported this week that 5.7 percent [...]

More homes sell for loss

Friday, January 12th, 2007

The percentage of Orange County homesellers who lost money on their transactions went up in December for a second straight month, new figures from First American Real Estate Solutions show.
The profit rate reaped from the typical Orange County home sale last month also fell from the month before.
First American reported this week that 5.7 percent [...]

Oversupply of units hurts prices, leaves investors in limbo

Monday, September 25th, 2006

As recently as last year, the business of transforming aging apartments into stylish condos and selling them to first-time home buyers was seen as an instant pot of gold.
No property in San Diego County was too old, too derelict, too small to be snatched up by the condo converters.
But no longer. Once one of the [...]

$20M Hotel Buyer Plans Mixed-Use Project

Tuesday, September 5th, 2006

A new owner has acquired the Hollywood Metropolitan Hotel for $20 million and plans a mixed-use project at the site, which already includes hotel and office space. The buyer was LB/L-DS Ventures Cahuenga LLC, which bought the 162,401-sf property at 5825-5831 Sunset Blvd. from another LLC called 840 Hobart in a deal brokered by the [...]

Anxiety complex?

Sunday, September 3rd, 2006

The crop of condominiums has increased as the once-soaring housing market tries to find a soft place to land. But bargains are few — for now.
THE shift in the real estate market has raised that age-old question: If prices crash, will condos slip and fall before single-family homes, and will they stay in the gutter [...]

Environmentalists Worry New ‘Condo Hotels’ Skirt Protections on California Coastal Development

Monday, August 28th, 2006

On a sandy bluff overlooking the Pacific, surfer Mark Massara sees a developing threat to a California amenity: guaranteed beach access for average families.
Luxury hotel builders are hovering over the coastline, hoping to expand California’s shores the nationwide trend of developments split between high-priced hotel rooms and privately owned condominiums.
Where developers see opportunity in “condo [...]

Environmentalists worry condo hotels skirt coastal protections

Monday, August 28th, 2006

On a sandy bluff overlooking the Pacific, surfer Mark Massara sees a developing threat to a California amenity: guaranteed beach access for average families.
Luxury hotel builders are hovering over the coastline, hoping to expand to California’s shores the nationwide trend of developments split between high-priced hotel rooms and privately owned condominiums.
Where developers see opportunity in [...]