Rising Realty Partners has acquired the Figueroa Courtyard, a 270,000-square-foot, five-building office park in the Bunker Hill neighborhood of Downtown Los Angeles, from the US Bank Corp. The sales price was not disclosed.
The retail market is benefiting from boosted confidence, illustrated by several new retail leases inked throughout the city. Kennedy Wilson recently closed the four retail lease transactions in Los Angeles submarkets, including Hollywood, Santa Monica and Westchester.
The San Diego-based firm HP Investors LLC makes its first foray into the Los Angeles market with the purchase of Broadway Hollywood, an 11,000-square-foot prime ground floor commercial condominium on Hollywood Blvd.
More than 250 people attended a fundraising gala at the Beverly Hills home of Jim and Rachelle Rosten, to honor cancer survivors and support Imerman Angels’ cancer support mission.