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The Real Deal’s January issue is live!
At The Real Deal, we’re ushering in the new year with a sprinkling of hope tempered by a smattering of caution. Our January issue greets the new year by zooming in on one of Los Angeles’ most...
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For some, buying a home is a matter of death and taxes
Hugh Hefner, Daren Metropoulos and the Playboy Mansion at 10236 Charing Cross Road The elderly owners of some of L.A.’s most storied estates aren’t waiting until death to part with their homes....
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Producer power couple sells Hollywood Hills home
R.J. Cutler, Jane Cha, and their home on Durand Drive (Credit: Getty, Rodeo Realty) Hollywood power couple Jane Cha and R.J. Cutler had no trouble finding a buyer for their house in the Hills, which...
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Obama administration’s new EB-5 bill could cool use of program by developers
Barack Obama From the New York website: A new proposal from the Obama administration may derail the real estate industry’s EB-5 gravy train. On Thursday, the administration proposed amending the EB-5...
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EB-5 investors are California dreamin’
Sally Forster Jones and Michael Nourmand West Coast, best coast. That’s certainly the attitude among EB-5 investors, the majority of whom choose to live in California, according to a recent report from...
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Chargers LA move will boost leasing market: brokers
Lee Mintz, Ronnie Hillman (Getty Images) and Kofi Nartey It’s official – the Chargers are heading to Los Angeles this year and brokers are getting ready to catch a pass from players looking to...
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Robert Herscu’s HQ Group builds co-living concept in Culver City
A rendering of the project at 5630 Sawtelle (Shubin + Donaldson Architects) and Robert Herscu (HQ Creative) Office developer Robert Herscu is taking on the co-living trend. His HQ Creative, the team...
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Current reader favorites: 1. Brent Watson is the latest to leave Compass and return to Coldwell 2. Redcar Properties plans 203-unit project in Chinatown 3. The Real Deal’s January issue is live! 4....
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Shazam! Welcome to the New New Hollywood
Old Hollywood prepares for the Oscars at the Hollywood & Highland Shopping Center. From the January issue: Call it the new Golden Age of Hollywood. After decades of decline in the late-20th...
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Soulja Boy is $6,000 behind on rent for house in the Hills: report
Soulja Boy (Credit: Getty) Watch him crank it, watch him roll …. Watch him get sued by his landlord? Rapper Soulja Boy allegedly owes his landlord more than $6,000 in rent for his Hollywood Hills home,...
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Chinese foreign investment to drop: report
Rendering of the Metropolis project (credit: highrises.com) Chinese overseas investment — a boon to Los Angeles real estate in recent years — is poised to drop for the first time in about 15 years,...
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Average US real estate commissions dropping to low 5% range
From the New York website: The average commission rate paid on American home sale transactions continues to decline and could dip below 5 percent within the next few years. That’s the conclusion of...
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Minority-owned homes in LA are more likely to be underwater: report
Watts, Los Angeles (Credit: USC Annenberg) Minorities in Los Angeles are more likely to have negative equity loans, a recent Zillow report suggests. In L.A.’s predominantly Latino neighborhoods, 7...
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Beverly Hills Council axes development on LA border
Rendering of an earlier version of the Oakhurst development (Beverly Hills Planning), Beverly Hills Mayor John Mirisch (Adam Southard) Beverly Hills neighborhood activists came out victorious against...
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CGI Strategies plans 160-unit mixed-use development in Fairfax District
CGI founder Gidi Cohen and the storefront at 629 South La Brea Woodland Hills-based developer CGI Strategies wants to build a 160-unit mixed-use complex in the Fairfax District near the Miracle Mile,...
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Abbot Kinney is one step closer to getting its first hotel
Rendering of Venice development (Studio of Environmental Architecture) Developer and movie producer Dan Abrams of Wynkoop Properties plans’ for what would be the first-ever hotel on Abbot Kinney...
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Mark and Arman Gabay buy El Monte building for $26M
(via Kennedy Wilson) Brothers Mark and Arman Gabay, who own the development firm Charles Company, purchased an office and industrial property in the San Gabriel Valley for $26 million in an off-market...
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LA Times supports ban on political donations from developers
Los Angeles Times publisher and editor-in-chief Davan Maharaj and the Times building 202 West 1st Street (Credit: Getty, UCR Today) Los Angeles should ban political contributions from developers, at...
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Melania Trump will have a glam room with studio lighting in the White House
From Luxury Listings NYC: Melania Trump may be forced to move into the White House (eventually), but damn it if she isn’t going to go in style! [more]
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Committees for and against Measure S spent $3M in 2016
Michael Weinstein, president of the AIDS Healthcare Foundation, in his 21st-floor office in the Sunset Media Center. Crescent Heights, the Miami-based developer of the Hollywood Palladium Towers...
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