A female former executive at Bank OZK claims she was fired days after flagging sexual misconduct in its lending unit (Credit: iStock, Pixabay) A former executive at Bank OZK’s real-estate lending division alleges that current and former executives within her group engaged in sexual misconduct and age discrimination. In a lawsuit, Anna Carrillo, a former […]
Dodger Stadium’s $100M renovation follows trend of adding more retail offerings at arenas
Los Angeles Dodgers President Stan Katsen and a rendering of Centerfield Plaza (credit: Los Angeles Dodgers) Dodger Stadium’s $100 million renovation will add a two-acre “entertainment plaza” with plenty of food and drink options, following a trend by developers to boost retail offerings at ground-up and arena renovation projects. The Dodgers’ Centerfield Plaza is meant […]
A death services provider outmaneuvered local developers to win this sprawling piece of raw land
SCI paid $32 million for 28 acres next to its Groman Eden Mortuary and Eden Memorial Park (Credit: iStock) Don’t fear the reaper — just sell him the land he wants to buy. Service Corporation International — North America’s largest provider of funeral and cemetery services — last week closed a $32 million deal for […]
WeWork aiming for September IPO, earlier than expected
WeWork CEO Adam Neumann (Credit: Getty Images and iStock) The We Company, the SoftBank-backed flexible-office provider last valued at $47 billion, is planning to go public as soon as September. The WeWork and WeLive parent company could announce a date as early as next month, as it moves to secure a sizable debt facility that […]
The priciest deals in LA’s Opportunity Zones over the last 6 months
Illustration by Daniel Gray-Barnett (Click to enlarge) The rubber is finally hitting the road in Los Angeles’ Opportunity Zones. When looking at the biggest commercial sales in the L.A.’s zones over the past six months, evidence of the federal program’s power is showing up in the bottom line: sale prices that are double or triple […]
Lincoln Property Co. puts Blackwelder office campus in Culver City on market
Blackwelder office campus and LPC’s David Binswanger Lincoln Property Co. has put its 19-building office campus, known as Blackwelder, in Culver City on the market, The Real Deal has learned. Sources said the first round of bids closed last week. It could fetch as much as $150 million, they added. Blackwelder is an adaptive reuse […]