Tishman seeks damages over ditched hotel deal – Robert Khodadadian

The notorious Cecil Hotel––backdrop of both fictional and real-life horror stories–– is now the subject of a lawsuit over a real estate deal gone sour. Tishman claims that an entity tied to Simon Development and Baron Property Group owes it at least $1.3 million in damages related to its proposed investment in the Downtown Los Angeles hotel. A source familiar with the deal said the proposal came as Tishman was negotiating its role in the

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Cross Post, Home Page, Hotel Development, LA Hotel Market The Real Deal New York Read More