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Dolby Theatre, Longtime Venue for Academy Awards Show, is Sold

Dolby Theatre, Longtime Venue for Academy Awards Show, is Sold

by Phil Hall | Oct 16, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Los Angeles’ Dolby Theatre, the longtime home of the Academy Awards ceremony, was sold to an investment group led by producer Elie Samaha. According to Hollywood Reporter coverage, Samaha’s JEBS Hollywood Entertainment LLC acquired both the 180,000-sq-ft Dolby Theatre...
Office-to-Residential Conversion Adds 68 Apartments in LA Property

Office-to-Residential Conversion Adds 68 Apartments in LA Property

by Phil Hall | Sep 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Creative Media & Community Trust Corporation (NASDAQ: CMCT), a real estate investment trust, announced the conversion of the top two floors of a three-story, approximately 143,000-square-foot Los Angeles office building into 68 luxury apartment residences. Located...
Report: Jennifer Lopez in Talks to Buy LA’s Azria Estate

Report: Jennifer Lopez in Talks to Buy LA’s Azria Estate

by Phil Hall | Sep 16, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Following her separation from Ben Affleck, Jennifer Lopez is house hunting in Los Angeles and has reportedly zeroed in on one of the market’s most famous luxury properties. TMZ, citing its coverage from unnamed “sources with direct knowledge,” reported the...
DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements

DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements

by Phil Hall | Sep 3, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) announced a $38.2 million settlement with the City of Los Angeles to resolve allegations of intentionally failing to meet federal accessibility requirements related to Department of Housing and Urban Development (HUD) grant funds...
Los Angeles Prohibits Tour Buses from Traveling Near Marilyn Monroe Home

Los Angeles Prohibits Tour Buses from Traveling Near Marilyn Monroe Home

by Phil Hall | Aug 19, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The controversy surrounding the last home where Marilyn Monroe lived took a new twist as the Los Angeles City Council voted to restrict tour buses from operating or traveling on streets near the property. According to a Westside Current report, the council’s 13-0 vote...
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