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Beverly Hills,CA Business News

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Exterior view of Chaparral Apartments in Palmdale, California

Palmdale’s Chaparral Apartments Sold for $71 Million

March 20, 2025

News Summary In a significant real estate transaction, the Post Investment Group has acquired the Chaparral Apartments in Palmdale for $71 million. This multifamily housing complex features 296 units and...

Interior view of the new Rolex boutique in Beverly Hills featuring stunning displays of timepieces

Beverly Hills Unveils New Rolex Boutique

March 19, 2025

News Summary On December 4, Beverly Hills was graced with the opening of a luxurious new Rolex boutique at 312 N. Rodeo Drive. Spanning 6,200 square feet, the store features...

Luxury contemporary home with glass walls and infinity pool

Brian Robbins’ Contemporary Home in Beverly Hills Under Contract

March 19, 2025

News Summary Brian Robbins, media executive and head of Paramount Pictures, has placed his luxurious Beverly Hills home under contract for $20.8 million. The property, located at 1335 Carla Lane,...

Stormy weather over Kern County with dark clouds and rain

Kern County Prepares for Final Storm with Heavy Winds and Rain

March 18, 2025

News Summary Kern County residents are gearing up for the third and final storm approaching from Monday through early Tuesday. With expected rainfall of up to 0.15 inches, potential thunderstorms,...

Exterior view of a luxurious mansion in Beverly Hills

Beverly Hills Mansion Sold for $27 Million in Hot Market

March 18, 2025

News Summary Bruce Karatz and Lilly Tartikoff have sold their impressive Beverly Hills mansion for $27 million, significantly below the initial asking price of $32.5 million. Spanning over 10,500 square...

People enjoying nightlife at Rocco's Nightclub & Restaurant in West Hollywood

Rocco’s Nightclub & Restaurant Begins New Chapter in West Hollywood

March 13, 2025

News Summary Rocco’s Nightclub & Restaurant has been acquired by MHR Nightlife, marking a fresh era for the beloved West Hollywood venue. Set to enhance nightlife offerings and restore regular...

Scene of a robbery at The Blvd Restaurant in Beverly Hills

Daring Robbery at The Blvd Restaurant in Beverly Hills

March 13, 2025

News Summary The Blvd Restaurant & Lounge in Beverly Hills was the scene of a shocking robbery on August 7. Two suspects targeted a diner on the patio, stealing a...

An elegant Beverly Hills mansion with lush gardens and modern design.

Will Arnett’s Beverly Hills Mansion Sells for $20.2 Million

March 13, 2025

News Summary Actor Will Arnett’s luxurious Beverly Hills mansion has sold for an impressive $20.2 million, just weeks after being listed for $22.5 million. The new owner, Courtney Reum, with...

A luxurious estate in Beverly Hills formerly owned by Elvis Presley showcasing modern architecture.

Elvis Presley’s Former Estate Hits Market for $24.5 Million

March 12, 2025

News Summary The legendary estate once owned by Elvis Presley is now available for purchase in Beverly Hills for $24.5 million. Nestled in the upscale Trousdale Estates, this architectural gem...

FINANCE

Exterior view of Chaparral Apartments in Palmdale, California

Palmdale’s Chaparral Apartments Sold for $71 Million

March 20, 2025

News Summary In a significant real estate transaction, the Post Investment Group has acquired the Chaparral Apartments in Palmdale for $71 million. This multifamily housing complex features 296 units and...

Financial professionals discussing wealth strategies in a modern office.

Americana Partners Expands Wealth Management Services to California

March 11, 2025

News Summary Americana Partners, a Texas-based wealth management firm, has announced its expansion into California by acquiring Boulevard Family Wealth. This strategic move increases their assets under management to $12...

Illustration representing the acquisition of Excel Bank by Genesis Bank

Genesis Bank to Acquire Excel Bank in Major Deal

March 10, 2025

News Summary Genesis Bank, based in Orange County, is set to acquire Excel Bank from Beverly Hills in an all-cash deal expected to close in the second quarter of 2025....

Abstract representation of stock market fluctuations and a skyline

Deadline Looms for Merck & Co. Securities Fraud Lawsuit

March 4, 2025

News Summary Investors in Merck & Co. are facing an important deadline regarding a securities fraud class action lawsuit. The law firm Glancy Prongay & Murray LLP has announced that...

CONSTRUCTION

Architectural rendering of The Eastern residential tower

Beverly Hills Proposes New Residential Tower ‘The Eastern’

March 10, 2025

News Summary A new 34-story residential tower, named ‘The Eastern’, has been proposed by Millennium Partners in Beverly Hills. The project promises 249 residential units, including affordable housing, along with...

MARKETING

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REAL ESTATE

Exterior view of Chaparral Apartments in Palmdale, California

Palmdale’s Chaparral Apartments Sold for $71 Million

March 20, 2025

News Summary In a significant real estate transaction, the Post Investment Group has acquired the Chaparral Apartments in Palmdale for $71 million. This multifamily housing complex features 296 units and...

Interior view of the new Rolex boutique in Beverly Hills featuring stunning displays of timepieces

Beverly Hills Unveils New Rolex Boutique

March 19, 2025

News Summary On December 4, Beverly Hills was graced with the opening of a luxurious new Rolex boutique at 312 N. Rodeo Drive. Spanning 6,200 square feet, the store features...

Luxury contemporary home with glass walls and infinity pool

Brian Robbins’ Contemporary Home in Beverly Hills Under Contract

March 19, 2025

News Summary Brian Robbins, media executive and head of Paramount Pictures, has placed his luxurious Beverly Hills home under contract for $20.8 million. The property, located at 1335 Carla Lane,...

Exterior view of a luxurious mansion in Beverly Hills

Beverly Hills Mansion Sold for $27 Million in Hot Market

March 18, 2025

News Summary Bruce Karatz and Lilly Tartikoff have sold their impressive Beverly Hills mansion for $27 million, significantly below the initial asking price of $32.5 million. Spanning over 10,500 square...

An elegant Beverly Hills mansion with lush gardens and modern design.

Will Arnett’s Beverly Hills Mansion Sells for $20.2 Million

March 13, 2025

News Summary Actor Will Arnett’s luxurious Beverly Hills mansion has sold for an impressive $20.2 million, just weeks after being listed for $22.5 million. The new owner, Courtney Reum, with...

A luxurious estate in Beverly Hills formerly owned by Elvis Presley showcasing modern architecture.

Elvis Presley’s Former Estate Hits Market for $24.5 Million

March 12, 2025

News Summary The legendary estate once owned by Elvis Presley is now available for purchase in Beverly Hills for $24.5 million. Nestled in the upscale Trousdale Estates, this architectural gem...

A view of luxury homes in Los Angeles with real estate agents interacting with clients.

Los Angeles Real Estate Market Sees Major Agent Movements

March 11, 2025

News Summary Significant shifts in the Los Angeles real estate landscape have been fueled by high-profile agent transitions, particularly at the Westside Estate Agency. The agency welcomed three agents from...

Luxury estate in Beverly Hills formerly owned by Elvis Presley

Elvis Presley’s Former Estate Hits the Market in Beverly Hills

March 10, 2025

News Summary A stunning estate once owned by Elvis Presley is now available for purchase in Beverly Hills for $24.5 million. Originally designed in 1958, this luxurious property offers 5,300...

Architectural rendering of The Eastern residential tower

Beverly Hills Proposes New Residential Tower ‘The Eastern’

March 10, 2025

News Summary A new 34-story residential tower, named ‘The Eastern’, has been proposed by Millennium Partners in Beverly Hills. The project promises 249 residential units, including affordable housing, along with...

SPORTS

An ensemble cast performing in 'Here There Are Blueberries' with historical photographs displayed in the background.

Los Angeles Hosts ‘Here There Are Blueberries’ Play

March 6, 2025

News Summary Los Angeles is set to host the thought-provoking play ‘Here There Are Blueberries’ from March 13 to 30 at the Wallis Annenberg Center for the Performing Arts. Created...

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