"Hilton's latest real estate cash came from Dave Dollinger of Dollinger Properties, which is located in Silicon Valley, but has properties throughout SoCal. Dollinger donated just over $39,000 earlier this month the maximum one-time contribution. Dollinger Properties did not return a request for comment. Dollinger joins a crew that counts Lyon Living chairman and chief executive Frank Suryan Jr., Steven Craig of Craig Realty Group and one of Los Angeles' most prolific multifamily developers Geoff Palmer as members. Each one has donated $39,200 to the ex-Fox News host's campaign."
"Not real estate related, but interesting nonetheless, Mahan and Hilton share a donor: Sergey Brin, the Google cofounder. Brin has dropped a lot more cash on Mahan than Hilton and his latest donation, days ago, happened to be to Chad Bianco. Either way, Mahan has more real estate money, but Hilton is polling higher. Crash Creative offices aren't your typical Los Angeles office. They are kind of a studio-office-hybrid, which are two pieces of real estate that have seen better days."
"Redcar handed back the keys to creative offices located in Santa Monica to its lender, Bank OZK. Redcar owed $50 million and lost 1650, 1630 and 1620 Euclid Street. Redcar's Euclid properties are near 1221 Olympic Boulevard, which Teddy Schwarzman's Black Bear purchased from J.J. Abrams' Bad Robot. That creative office deal came out to about $1,200 per square foot, which is pricey, and reveals that there are always exceptions to every trend."
"Another Speaking of office, Jamison landed a $60 million loan, which appears to be for an office-to-residential conversion. The construction financing is on 3424 Wilshire Boulevard in Los Angeles' Koreatown. Founder Dr. David Lee signed the documents. Ja"
Steve Hilton received real estate campaign contributions from Dave Dollinger of Dollinger Properties, with a donation just over $39,000. Dollinger Properties has properties across Southern California and did not respond to a request for comment. Dollinger joins other real estate figures who each donated $39,200 to Hilton, including Frank Suryan Jr., Steven Craig, and Geoff Palmer. The piece notes that Sergey Brin also donated to both Matt Mahan and Hilton, with Brin giving more to Mahan and a recent donation to Chad Bianco. Separately, Redcar Properties returned creative office keys in Santa Monica to Bank OZK after owing $50 million and losing multiple Euclid Street properties. Jamison obtained a $60 million loan for a potential office-to-residential conversion at 3424 Wilshire Boulevard in Koreatown.
#california-politics #real-estate-campaign-donations #los-angeles-commercial-real-estate #office-to-residential-conversions #santa-monica-office-defaults
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