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Did Trump treasury pick’s LA bank fudge documents to speed foreclosures?
Steven Mnuchin at Trump Tower in New York (Jewel Samad/AFP/Getty Images) Just three days away from his confirmation hearing, Donald Trump’s pick for treasury secretary, Steven Mnuchin, faces a...
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British tycoon buys DOJ-seized Beverly Hills spec manse for $33M
Richard Caring’s recently purchased Beverly Hills mansion (MLS/Getty Images) British restaurant tycoon Richard Caring, who owns a 30 percent stake in Soho House, crossed the pond to purchase a Beverly...
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Read the digital edition of TRD LA’s January issue
The complete digital edition of our January issue is now live! Out latest magazine greets the new year by zooming in on one of L.A.’s most spectacular turnarounds: Hollywood. The neighborhood has...
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Current reader favorites: 1. EB-5 investors are California dreamin’ 2. Shazam! Welcome to the New New Hollywood 3. Robert Herscu’s HQ Group builds co-living concept 4. Soulja Boy is $6,000 behind on...
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The nine lives of Nelson Rising
Nelson Rising From the January issue: The office of 75-year-old developer Nelson Rising has a decidedly un-septuagenarian feel. The space, inside the Beaux-Arts PacMutual building in Downtown Los...
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LA Metro to reconsider Arts District Red/Purple line extension
L.A. Metro The Arts District is one step closer to getting a long overdue Metro extension, which could further boost property values in the area. The Metro Board of Directors will consider a motion...
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LeFrak, Roth to head up Trump’s new infrastructure council
From left: Donald Trump, Richard LeFrak, Steven Roth and the Port Newark container terminal From the New York website: President-elect Donald Trump tapped longtime friends and fellow developers Steven...
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In rare WeHo sale, investor pays $15.6M for multifamily property
Deccan Villas at 1533 North Martel Avenue Private investor Daniel Sands acquired a 39-unit rent-controlled apartment complex for $15.6 million in a once-in-a-blue-moon West Hollywood sale, according to...
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“Boy Meets World” house slashed to $1.3M
The cast of Boy Meets World and the house at 4196 Colfax Avenue (Credit: ABC, John Turner of JBT Photography) So much for 90s nostalgia. Finding no buyer for the Studio City house featured on “Boy...
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Two top economists doubt Trump’s policies will spur growth
Donald Trump and Janet Yellen (Credit: Getty Images) From the New York website: Financial markets — and some real estate executives — have been cheering the potential for stronger economic growth under...
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Estate associated with construction billionaire lists for $17.8M
The 10,000-square-foot Beverly Hills home (Hilton & Hyland) The owners of a sprawling estate on Hazen Drive in Beverly Hills are seeking a steep profit. They have listed the 10,000-square-foot home...
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Chateau Group buys hotel site in Arcadia for $47M
Santa Anita Inn (via santaanitainn.com) An aging hotel near the Santa Anita racetrack, which opened its doors in 1955, has new owners. An entity affiliated with developer Chateau Group has purchased...
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Current reader favorites: 1. Shazam! Welcome to the New New Hollywood 2. British tycoon buys DOJ-seized spec manse for $33M 3. Putting a price on a Hollywood legend 4. EB-5 investors are California...
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Compass taps Priceline alum Maelle Gavet as new COO
Maelle Gavet and Robert Reffkin From the New York website: Compass tapped a tech industry veteran with experience running a public company to be its new COO, another sign that the venture...
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$250M Bel Air spec house is America’s priciest listing
The spec house in Bel Air and Bruce Makowsky (Credit: Makowsky via LA Times, Getty) Another year, another Los Angeles mega-listing. A Bel Air spec home by developer Bruce Makowsky is slated to hit the...
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Santa Monica’s second act
The Santa Monica pier. The beachfront community has a casual office market culture that appeals to tech startups and media companies. From the January issue: Santa Monica is the third point of a golden...
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Worthe and Shorenstein seek $450M bid on Burbank campus
Burbank five-building campus is ready for a buyer (CommercialSearch) The 19-acre Media Studios North complex in Burbank is sitting pretty for its next owner. Santa Monica-based Worthe Real Estate and...
View ArticleWATCH: Recent Compass recruits return home
Despite its $1 billion valuation, startup brokerage Compass is having trouble retaining some of its Los Angeles-based recruits. The firm took the L.A. scene by storm when it launched in 2015,...
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CIM Group is shopping its under construction 8500 Sunset project
Rendering of retail and luxury residences at 8500 Sunset (Jay Luchs) CIM Group is ready to sell its two-building mixed-use property at 8500 Sunset Boulevard in West Hollywood. The developer is quietly...
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Current reader favorites: 1. $250M Bel Air spec house is America’s priciest listing 2. In rare WeHo sale, investor pays $15.6M 3. Shazam! Welcome to the New New Hollywood 4. Chateau Group buys hotel...
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