August 9, 2010 |
Celebrity photographer and music video director Matthew Rolston, who is helping a Los Angeles developer launch a hotel, hates beige. Or anything else that could be considered a safe choice in decorating. That's why Rolston is doing his best to make sure the tone of the new Redbury in Hollywood goes over the top and stays there, in no way resembling an outpost of a big hotel franchise. Guests can expect, for example, a 20-foot red velvet curtain over the grand staircase, paisley throw pillows and old-fashioned record players in every room with vinyl albums to play on them.
October 29, 2012 |
A $100-million apartment and shopping complex is being planned for a formerly neglected stretch of Hollywood Boulevard that once held a legendary rehearsal studio where generations of actors learned to dance and wield swords. Commercial real estate developer Sonny Astani said he bought a 1.9-acre site on Hollywood near Western Avenue for almost $11 million. Among the structures on the property is a building that was part of Falcon Studios, a performing arts school founded in 1929.
December 26, 2009 |
Real estate developer CIM Group Inc. has built a reputation as a big-city turnaround artist, transforming dreary business districts from downtown Los Angeles to Washington, D.C., with pricey loft apartments, trendy retailers and leafy pedestrian malls. Founded in 1994 by two Israeli immigrants and an investment banker who once worked with junk-bond king Michael Milken, CIM has made its mark on some of the more recognizable developments in Southern California, including Santa Monica's Third Street Promenade.
CALIFORNIA | LOCAL
August 4, 2009 |
Before the Cirque du Soleil performers pranced onto the outdoor stage in the sweltering heat Sunday, bushels of ice cubes were flung across the wooden floor to cool the surface for the hands and feet of dancers. A crowd of hundreds, hot but patiently watching at the Grove shopping center, cheered as if this safety step was part of the show. Onstage, Sebastien Coin, encased in a yellow striped unitard, balanced his body horizontally on one hand and languidly eyed his rapt audience.
CALIFORNIA | LOCAL
January 29, 2013 |
A couple of weeks ago, I wrote that Los Angeles has had its share of so-so mayors, and it'd be nice to have a great one for a change. Readers agreed, but said they weren't sure there was greatness in the current crop of candidates. And that was before Monday night's televised debate, which bolstered their point. For the most part, the five candidates came off as competent but not compelling. There was no presence, no magic, no star quality. "What an uninspiring bunch," wrote Peter Weinberger, a Pico-Robertson resident.
November 12, 2009 |
With the fortune he has made using his connections with public pension funds, it's hardly a surprise that Alfred J.R. Villalobos owns a sprawling, 9,100-square-foot home overlooking the emerald-blue waters of Lake Tahoe. But the way in which Villalobos financed construction of the $2.7-million mansion is fueling new questions in an investigation by the California Public Employees' Retirement system into the activities of so-called placement agents such as Villalobos. Documents show that the Villalobos home was built with the help of a $1.1-million loan from a partnership set up by CIM Group, a Hollywood-based real estate development firm.
February 6, 2007 |
Efforts to upgrade a key section of the Hollywood shopping and entertainment district, part of a revival that is making the area more attractive to locals and tourists, have taken a major step forward. CIM Group, the district's largest commercial landlord, said it had agreed to acquire the Seven Seas building, a dilapidated structure that once housed a famous Hollywood Boulevard nightclub. At the request of the city's redevelopment agency, CIM plans to restore the edifice to its 1920s style.
August 24, 2004 |
Los Angeles developer CIM Group broke ground on Midtown Plaza, a $114-million retail center at San Vicente and Pico boulevards. The 390,000-square-foot center is expected to be anchored by Home Depot and another major retailer that has yet to sign a lease. The project's unusual design -- stacking two "big box" retailers on top of each other -- drew objections from neighbors who were concerned about potential traffic problems.
January 7, 1997 |
Santa Monica-based developer Commercial Investment Management Group has sold 10 prime properties, including five sites on the Third Street Promenade, to a partnership between it and a subsidiary of a Maryland company with a large portfolio of shopping centers. The partnership, Street Retail West, has been capitalized with $17.6 million in cash from Maryland-based Federal Realty Investment Trust's subsidiary, $2 million in cash from CIM Group and the assumption of $8.4 in debt.
CALIFORNIA | LOCAL
April 3, 2003
The City Council has voted 4 to 1 to allow the building of a mixed-use project in one of the city's historic neighborhoods, despite the opposition of dozens of residents of the 80-year-old Union Oil Neighborhood. The 69-unit, three-story complex -- to be located at Brea Boulevard and Elm Street -- will be built by Los Angeles-based CIM Group Inc.