Alex Moghavem began investments in US and UK real estate in 1974. His UK operation was active until 1978 prior to his move to Los Angeles and included the purchase of various assets in London including the noteworthy building in which the first Hard Rock Café started its business in Hyde Park Corner. In 1974, Alex Moghavem started his activities in Los Angeles with the Purchase and subdivision of the famed Harold Lloyd Estate in Beverly Hills and the subsequent purchase of the iconic Union Bank building at 9460 Wilshire Blvd.
Through Property Management and Diversified Development, Inc. (PMDD) and its affiliated/successor entities his acquisitions since have included various noteworthy properties in Southern California some of which are listed in the projects section.