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Posts Tagged ‘Hollywood’

Elk Development in Default on Hollywood Apartments

Elk Development owes about $60 million on Hollywood apartments, according to two notices of default dated early June. Acres Capital loaned Elk around $41 million via a construction note five years ago. The note was amended and increased to $44...

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West Hollywood Penthouse Scores $23 Million

A West Hollywood penthouse sale marked the priciest condominium trade of 2026 to date for all of Los Angeles County.Penthouse West at 8899 Beverly Boulevard went for $23 million — about 67 percent higher than the previous highwater marker for...

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Church of Scientology Buys Distressed Hollywood Hotel

The former home of the Mama Shelter hotel in Hollywood has traded out of distress to a well-known deep-pocketed player in the neighborhood. An entity tied to the Church of Scientology purchased the 70-room lodging at 6500 Selma Avenue for $16 ...

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Hollywood Strike Watch Puts LA Resi on Alert

Hollywood’s back at it — the negotiating table, that is.Three years after strikes hobbled the industry and had a trickle-over effect on real estate and many other businesses, the Screen Actors Guild – American Federation of Television and...

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