A luxury villa in Pasadena: $25 million sale closes deal

The sale of a luxury villas in Pasadena and Villas Serena and a luxury apartment complex in Los Angeles closed Wednesday, ending a year-long auction process that started in February.The deal valued the villas at $25.5 million and the complex at $18 million.It closed in the morning, with the winning bidder, the family of California […]

Villa Ballanca, Hollywood and the ’70s

Los Angeles-based developer Villa Vista Ballanca announced today it will be buying out Hollywood’s largest private homeowner group, Hollywood Homeowners.The deal, first reported by Variety, comes just weeks after it purchased the property formerly known as the Hollywood Theatre.Hollywood Homeowners will retain its core ownership group and will continue to operate as a company, though […]