Dalian Wanda Commercial Prepares $5 Billion Hong Kong IPO

Dalian Wanda Commercial is preparing a US$4-5 billion Hong Kong IPO. The commercial real estate arm of Chinese billionaire Wang Jianlin is working with China International Capital Corp. and HSBC Holdings Plc to prepare the IPO for the Dalian Wanda Group Co., a Beijing-based subsidiary. Read More

Beverly Hills News – Wanda Group Closes Escrow on 9900 Building

Posted: Friday, September 12, 2014 – 2:57 PM CBRE and Savills Studley announced today that Hong Kong Private Equity Real Estate firm Joint Treasure International has completed the sale of the 9900 Wilshire property, the former Robinsons-May department store, to the Wanda Group, China’s largest commercial property developer. The site will be developed into a […] Read More

LADBS Approves Haul Rout for Massive Somma Way Project Despite Residents’ Objections

Despite the opposition of dozens of residents, attorneys for the Bel Air Association (BAA) and the Bel Air Homeowners Alliance (BAHA) and Shawn Bayless, Planning and Land Use Deputy for Los Angeles 11th District Paul Koretz and Leonard Nimoy, beloved star of Star Trek -Los Angeles Board of Building and Safety Commissioners approved the hauling for a massive project at 10697 Somma Way. The project will require the removal of 50,000 cubic yards of soil, revealed the lawyers, including a previously undisclosed 19,634 cubic yards to excavate and install 270 soldier piles, for which the City of Los Angeles does not require disclosure in the goal route permit or Mitigated Negative Declaration (MND). Read More

Beverly Hills News – Coldwell Banker Competes in 2nd Annual Summer Food Drive

NorthStar Moving Company and Coldwell Banker Residential Brokerage have teamed up for their second annual “Let’s Send Hunger Packing” summer food drive. With the support of Move for Hunger, the drive will feed hungry children in Los Angeles and Orange Counties – some of the over one million Southern California children who lack access to healthy foods in Southern California. Read More