Wilshire Boulevard

Urgent Repair on Key Water Pipeline to Impact Traffic in Beverly Hills

Retrieved on:

Tuesday, April 9, 2024

Other Construction & Property, Energy, Construction & Property, Utilities, Wilshire Boulevard, Noise, City, Travel, Water, Road

Water service to residences and businesses will not be impacted by the leak or construction activities.

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Water service to residences and businesses will not be impacted by the leak or construction activities.
“We appreciate the public’s cooperation during this urgent repair.”
The leak was discovered in Metropolitan’s Santa Monica Feeder, a 24-mile pipeline that delivers water to the cities of Glendale, Burbank, Los Angeles, Beverly Hills and Santa Monica.
Metropolitan crews will excavate to inspect the pipeline and immediately repair the leak.
In addition to the traffic impacts, local residents and businesses may notice increased noise due to construction and excavation.

Saks and Thom Browne Launch California-Inspired Capsule Collection

Retrieved on:

Thursday, April 4, 2024

SS20, Thom Browne, Wilshire Boulevard, Digital, Partnership, Name, Heel, Tweed, Life, Shoe, Credit, Architecture, Fashion, Collection, Saks Fifth Avenue, Fashion design

BEVERLY HILLS , Calif., April 4, 2024 /PRNewswire-PRWeb/ -- Following the recent opening of the reimagined Saks Fifth Avenue women's store in Beverly Hills, Saks and Thom Browne have partnered to launch an exclusive, California-inspired capsule collection, available today on Saks.com and at select Saks Fifth Avenue stores. The limited-edition capsule celebrates the playful spirit of California, featuring women's ready-to-wear, shoes and handbags infused with vibrant hues and whimsical twists to iconic silhouettes, in addition to a new tweed that was developed specifically for the collaboration. In celebration of the launch, Thom Browne has taken over Saks Fifth Avenue Beverly Hills with immersive visual installations and special offerings throughout the store, including a made-to-order animal handbag activation that is available for the first time ever at Saks Fifth Avenue as part of the partnership. Additionally, Saks and Thom Browne will host a launch event in Los Angeles featuring a personal appearance by the designer on Thursday, April 4.

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BEVERLY HILLS , Calif., April 4, 2024 /PRNewswire-PRWeb/ -- Following the recent opening of the reimagined Saks Fifth Avenue women's store in Beverly Hills, Saks and Thom Browne have partnered to launch an exclusive, California-inspired capsule collection, available today on Saks.com and at select Saks Fifth Avenue stores.
"We are thrilled to partner with Thom Browne to launch this exclusive capsule and bring the collaboration to life across the Saks Fifth Avenue ecosystem," said Tracy Margolies, Chief Merchandising Officer, Saks.
"The capsule collection and installations I created for Saks are truly perfect for the new Saks Fifth Avenue store in Beverly Hills," noted Thom Browne.
In celebration of the capsule launch, Thom Browne has taken over Saks Fifth Avenue's reimagined West Coast flagship on Wilshire Boulevard in Beverly Hills.

Madison Realty Capital Completes More Than $3 Billion in Transactions in 2023

Retrieved on:

Tuesday, February 27, 2024

Acquisition, Garden, REC, Real estate, Record, Via Mizner, PDI, Commercial, International Drive, Wilshire Boulevard, Commercial property

Expanded its lender financing and transitional lending platforms, originating over $685 million in lender financing for four alternative lenders.

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Expanded its lender financing and transitional lending platforms, originating over $685 million in lender financing for four alternative lenders.
The firm’s income-oriented debt investment vehicle continued to execute transactions that target lighter value-add and core-plus real estate deals with a focus on income generation.
The loan replaced a $225 million loan originated by Madison Realty Capital in 2019.
Since inception, Madison Realty Capital has closed on approximately $25 billion of transactions across more than 600 debt and equity positions in the multifamily, retail, office, industrial and hotel sectors.

Saks Fifth Avenue Unveils Reimagined West Coast Flagship in Beverly Hills

Retrieved on:

Wednesday, February 7, 2024

BEVERLY HILLS, Calif., Feb. 7, 2024 /PRNewswire/ -- Saks Fifth Avenue is reinventing its West Coast flagship experience and furthering its position as the quintessential destination for luxury fashion in Beverly Hills with the opening of its highly anticipated new women's store on Wilshire Boulevard.

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BEVERLY HILLS, Calif., Feb. 7, 2024 /PRNewswire/ -- Saks Fifth Avenue is reinventing its West Coast flagship experience and furthering its position as the quintessential destination for luxury fashion in Beverly Hills with the opening of its highly anticipated new women's store on Wilshire Boulevard.
"Saks Fifth Avenue is resetting the gold standard of luxury shopping in Beverly Hills with the opening of our new women's store on Wilshire Boulevard," said Larry Bruce, President, Saks Fifth Avenue stores.
"We have created the ultimate luxury shopping destination in Beverly Hills," added Tracy Margolies, Chief Merchandising Officer, Saks.
Bo oversees the Saks Fifth Avenue West Coast flagship experience in Beverly Hills, including the new women's store and the men's store located at 9634 Wilshire Boulevard.

Shawmut Design and Construction Adds Sam Ragsdale as Project Executive in Los Angeles

Retrieved on:

Monday, November 13, 2023

Shawmut Design and Construction, University, Hammer Museum, Construction, Haines, Alaska, Occidental College, Petersen Automotive Museum, ENR, Growth, Child, Education, Wilshire Boulevard

LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- As part of its aggressive growth plan to increase market share in large-scale projects and expand into new sectors, Shawmut Design and Construction, a leading $1.3 billion national construction management firm, has hired Sam Ragsdale as a project executive in Los Angeles.

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LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- As part of its aggressive growth plan to increase market share in large-scale projects and expand into new sectors, Shawmut Design and Construction, a leading $1.3 billion national construction management firm , has hired Sam Ragsdale as a project executive in Los Angeles.
Ragsdale brings 20 years of industry experience to his role in the firm's West region and will leverage his extensive portfolio of major projects spanning the education, cultural, and commercial sectors across Southern California.
His strategic expertise aligns with Shawmut's ten-year growth plan, with a focus on increasing market share of projects with substantial scope and complexity.
"Sam's distinct skill set will undoubtedly strengthen our team of builders, infusing strategic expertise and market experience," said Greg Skalaski, executive vice president of Shawmut's West region.

Madison Realty Capital Completes $115 Million Loan for Mixed-Use Multifamily Developments on Wilshire Boulevard in Los Angeles

Retrieved on:

Thursday, October 5, 2023

Wilshire Boulevard, BBQ, Los Angeles County Metropolitan Transportation Authority, Commercial property

The borrower group has secured all approvals to redevelop the Wilshire Boulevard site for residential and retail use and has invested significant equity in the transaction.

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The borrower group has secured all approvals to redevelop the Wilshire Boulevard site for residential and retail use and has invested significant equity in the transaction.
Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said “Los Angeles’ Koreatown neighborhood is extremely well-located and vibrant, sitting at the intersection of the city’s entertainment, nightlife and residential neighborhoods.
The properties are located close to LA Metro Rail’s Wilshire/Vermont subway station providing easy connection for residents to Downtown LA.
The transaction marks Madison Realty Capital and Harridge Development’s seventh project together in Greater Los Angeles.

SENTRAL TO OPEN THREE NEW RESIDENTIAL HOSPITALITY COMMUNITIES IN LOS ANGELES AND PHILADELPHIA

Retrieved on:

Tuesday, September 12, 2023

San Francisco Bay Area, FitzGerald, Wilshire Boulevard, Philadelphians, Collection, LOS, City, PECO, Hotel, Property management, Kuala Lumpur Sentral station

LOS ANGELES, Sept. 12, 2023 /PRNewswire/ -- Sentral, the leading full-building residential hospitality operator, today announced that it will manage three new luxury residential communities in Los Angeles: Figueroa Eight (744 S Figueroa Street, Los Angeles), developed by Mitsui Fudosan America, and Sentral Beverly Hills (6401 Wilshire Boulevard, Beverly Hills). Sentral will also manage The Battery (1325 N Beach St Philadelphia), redeveloped by Lubert-Adler Real Estate Funds, in Philadelphia. These exceptional communities have been designed with an array of curated, tech-driven amenities and provide services that deliver resort-style living experiences for residents in America's most vibrant cities.

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Sentral continues to expand its network of Class A apartment properties across the U.S.
LOS ANGELES, Sept. 12, 2023 /PRNewswire/ -- Sentral, the leading full-building residential hospitality operator, today announced that it will manage three new luxury residential communities in Los Angeles: Figueroa Eight (744 S Figueroa Street, Los Angeles), developed by Mitsui Fudosan America, and Sentral Beverly Hills (6401 Wilshire Boulevard, Beverly Hills).
Sentral will also manage The Battery (1325 N Beach St Philadelphia), redeveloped by Lubert-Adler Real Estate Funds, in Philadelphia.
Figueroa Eight and Sentral Beverly Hills build on Sentral's existing footprint in California, joining a network of six communities in Los Angeles and eight communities in the Bay Area.
The Battery is Sentral's first property to open in Philadelphia and the third Sentral property managed for Lubert-Adler in Pennsylvania, joining Kaufmann's Grand in Pittsburgh and The Bellevue opening in Philadelphia in 2024.

Covenant Physician Partners Adds a New ASC in Southern California

Retrieved on:

Tuesday, June 6, 2023

General Health, Surgery, Hospitals, Health, Optical, Heart, ASC, Partnership, Surgeon, Wilshire Boulevard, Operating, Physician, Growth, Region, Nursing, Hospital, Covenant

Covenant Physician Partners is pleased to announce the expansion of its footprint in Southern California with an ASC merger in Los Angeles, CA.

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Covenant Physician Partners is pleased to announce the expansion of its footprint in Southern California with an ASC merger in Los Angeles, CA.
“The merger of our St. Vincent Eye Surgery Center with Wilshire Center for Ambulatory Surgery expands upon our decade-long partnership with the physicians of St. Vincent,” commented Andrew Ard, Covenant Physician Partners, Regional Vice President.
Located on Wilshire Boulevard in the heart of Los Angeles, the ASC has two operating rooms which offers Covenant’s combined 17 surgeons continued growth with increased capacity.
Covenant provides patient care in nine ambulatory surgery centers and seven physician practice locations throughout California.

Ferraro Foods Announces Major Expansion of Long Island Distribution Business

Retrieved on:

Monday, May 8, 2023

Supply Chain Management, Trucking, Retail, Restaurant, Bar, Logistics, Transport, Food, Beverage, Upstate New York, Wilshire Boulevard, Employment, Multimedia, Tourism

Ferraro Foods , one of the country’s largest specialty distributors of food and foodservice supplies to Italian restaurants and pizzerias, announced a major expansion of its Long Island distribution business with the addition of a 230,000-square-foot warehouse and distribution center located at 80 Wilshire Blvd in Edgewood, N.Y., positioning the company to greatly increase its share of the world’s largest, most concentrated local pizza market.

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Ferraro Foods , one of the country’s largest specialty distributors of food and foodservice supplies to Italian restaurants and pizzerias, announced a major expansion of its Long Island distribution business with the addition of a 230,000-square-foot warehouse and distribution center located at 80 Wilshire Blvd in Edgewood, N.Y., positioning the company to greatly increase its share of the world’s largest, most concentrated local pizza market.
View the full release here: https://www.businesswire.com/news/home/20230508005547/en/
Ferraro Foods announced a major expansion of its Long Island distribution business with the addition of a 230,000-square-foot warehouse and distribution center located at 80 Wilshire Blvd in Edgewood, N.Y., positioning the company to greatly increase its share of the world’s largest, most concentrated local pizza market.
The long-term lease establishes Ferraro as an anchor tenant with property owner Heartland Business Center and reaffirms Ferraro’s economic and employment commitment to Long Island.
“Long Island is a crucial market for Ferraro and our growth plans, representing thousands of current and potential customers,” said Dan Hill, CEO, Ferraro Foods.

Palm Tree Expands into New Los Angeles Headquarters

Retrieved on:

Tuesday, May 2, 2023

Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking, transaction support, and strategic finance services for private equity firms and businesses worldwide, today announced that it has completed its move to Brentwood in West Los Angeles.

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Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking, transaction support, and strategic finance services for private equity firms and businesses worldwide, today announced that it has completed its move to Brentwood in West Los Angeles.
View the full release here: https://www.businesswire.com/news/home/20230502005412/en/
New headquarters of Palm Tree in the Brentwood district of Los Angeles, Calif. (Photo: Business Wire)
“Southern California attracts significant pools of capital, considerable businesses, as well as sizeable private equity activity,” said Pardis Nasseri, CEO and President of Palm Tree.
“In an era when many companies have shifted to remote work," said David Wolinsky, Chief Talent Officer of Palm Tree.
“Palm Tree will continue to grow its presence around the country, but Los Angeles will always be a key market.