Joanne Woodward and Paul Newman married in 1958 at A Little White Chapel (Credit: Wikimedia Commons) One of the most famous churches in Las Vegas is on the market for $12 million. A Little White Chapel, the small venue on the Strip famous for its drive-through weddings, Elvis impersonators, and numerous celebrity weddings, is for […]
Risky business: Marijuana dispensaries present high risk, high reward for landlords, brokers say
From left: Matt Ginder, Nick Hansen, Tara Tredow, and Dan Dietz Landlords who rake in rents from medical marijuana dispensaries may put their commercial bank accounts and title insurance at risk, according to cannabis real estate experts. Meanwhile, cannabis retailers are baking early termination clauses into leases in the event municipalities deny permits to open […]
Real estate investors see safe harbor in New York, LA but wary of Chicago: survey
New York, Los Angeles and Chicago (Credit: iStock) Amazon’s pull-back and Albany’s political tumult aren’t enough to keep international real estate investors from seeing New York City as the safest place in the world to park their money. A survey of about 200 real estate investors and investment managers from 24 countries identified New York […]
Here are LA County’s top 5 retail sales in March
16540-16548 Soledad Canyon Road and Gelson’s Market (Credit: Google Maps and WEHOville) Los Angeles investors spent a combined $66 million on the five biggest retail deals last month, roughly half the total shelled out in February. The priciest sale was claimed by Safco Capital, which purchased a Gelson’s Market in West Hollywood for $25 million. […]
Former LA planning commissioner joins real estate group at Sheppard Mullin
Robert Ahn Former city planning commissioner Robert Lee Ahn, whose term was marked by what has become a Downtown development boom, has joined the real estate division of Sheppard, Mullin, Richter & Hampton. As Special Counsel in the law firm’s Real Estate, Land Use and Environmental Practice Group, Ahn will work out of the firm’s […]
Bank OZK continued aggressive condo lending in Q1
Bank OZK’s George Gleason Bank OZK is showing no signs of curbing its construction lending this year. Little Rock-based Bank OZK, formerly known as Bank of the Ozarks, reported first quarter earnings that beat analysts’ estimates, as it real estate lending division originated more than $1.86 billion in new loans. That’s an increase of 86 […]