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Menlo Equities buys Walt Disney office in Burbank for $52.5M
The property at 2411 w olive (Loopnet); Henry Bullock and Rick Holmstrom of Menlo Equities (Menlo) How much are those mouse ears worth? Quite a bit, it seems, to real estate investors. Palo Alto-based...
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Longtime retail leasing exec lists $6M home near Sunset Strip
David Weinert lists contemporary St. Ives Drive pad for $6 million (Oppenheim Group/LinkedIn) David Weinert built a career helping shopping centers fill up empty slots by heading leasing efforts for...
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Michael Maltzan will design Hammer Museum’s expansion
Rendering of Hammer’s new entry at Wilshire and Westwood (Michael Maltzan Architecture) The Hammer Museum has a new master plan. Los Angeles architect Michael Maltzan announced plans to extend the...
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LA catches a condo fever
A rendering of Metropolis, a 1,500-unit condo project being built by Greenland USA. From the January issue: Los Angeles was late to the high-stakes game of building high-rise luxury condominiums for...
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Morrocan royal’s $14M Beverly Hills pad finds buyer
The home on North Beverly Drive (Credit: Coldwell Banker) It’s no Casablanca, but this Beverly Hills abode owned by the cousin of Moroccan king Mohammed VI has already found a buyer. The property, on...
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Beverly Park mansion with ties to ex-Kremlin tycoon to list for $29M
Beverly Park Colonial mansion on 4.25 acres (Matthew Momberger) A Colonial Beverly Park mansion with ties to an ex-Kremlin media tycoon will hit the market on Monday for $29 million, The Real Deal has...
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Skid Row Housing Trust to replace homeless shelters with 151-unit complex
609-623 East 5th Street and Skid Row CEO Mike Alvidrez The patron saint of Skid Row has a new project in the heart of the troubled district. Skid Row Housing Trust filed plans Thursday for a 14-story,...
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Airbnb becomes profitable for the first time
Airbnb founders Joe Gebbia, Nathan Blecharczyk and Brian Chesky From the New York website: Despite a concerted effort from hotel lobbyists, affordable housing advocates and governments around the world...
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Movers & Shakers: CBRE, JLL and Marcus & Millichap announce new hires
From left: Lewis Horne, Bryan Schellinger, and Rob Perez CBRE‘s Lewis Horne is moving up. He was just promoted from Los Angeles and Orange County division president to be the head head of the...
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Cafe Stella owners alter Sunset Junction sign with pro-Measure S message
Sunset Junction sign reworked to draw support for Measure S (Hillel Aron/L.A. Weekly) As the March vote on Measure S nears, one business is taking a drastic step to drum up support. Christine and...
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Rick Lazio is Trump’s top pick for HUD deputy: sources
From left: Ben Carson, Robert C Weaver Federal Building and Rick Lazio (Credit: Getty Images and Library of Congress via Wikipedia) From the New York website: The White House is expected to appoint...
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Malibu pad seized from African playboy undergoing major facelift: sources
The Sweetwater Mesa mansion Mauricio Oberfeld, the wealthy investor who snagged one of Malibu’s priciest homes from the feds last year for $38 million, is renovating the property and may look to flip...
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Former clothing manufacturer makes 130-unit bet on Ktown
Amanda Saviss and a rendering for 2859 Francis Avenue In Los Angeles, fashion and real estate seem to be cut from the same cloth. Raymond Saviss, a longtime clothing manufacturer, is among the apparel...
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California regulation will give homeowners more accurate home replacement...
California Insurance Commissioner Dave Jones (Getty) California homeowners will be able to get a more accurate estimate of their home replacement costs thanks to a unanimous ruling by the state’s...
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Marketing exec pocket lists Trousdale estate for $13.5M
Douglas Fregolle’s Trousdale Estates home (LinkedIn/The Oppenheim Group) Douglas Fregolle, founder of promotional marketing firm Doug Fregolle Promotions, helps clients like Honda and FOX create event...
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Current reader favorites: 1. Here are the biggest new LA projects filed in 2016 2. What’s Makowsky’s $250M spec home really worth? 3. Beverly Park manse with ex-Kremlin ties lists for $29M 4. Malibu...
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Anaheim aims beyond Disney in building boom
From the January issue: It’s not all about the Mouse Ears in Anaheim. The constant expansion in and around Disneyland notwithstanding, there is plenty of development in the works — both in the city’s...
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Amy Smart trades Beverly Hills for Malibu, listing Coldwater Canyon home for...
Amy Smart and her Coldwater Canyon home at Tullis Drive (Credit: Getty, Hilton & Hyland) How’s this for a smart real estate move? Nearly five years after buying a 4,100-square-foot home in the...
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Kaiser Permanente wants to expand its Chinatown facility
Kaiser Foundation mental health center at 765 West College Street (Credit: YP) The Kaiser Permanente Mental Health Center just south of Dodger Stadium could soon be redeveloped into a four-story,...
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Home of late LA investor Norbert Gehr lists for $40M
Norbert Gehr’s N. Canon Drive home (MLS) A home in Beverly Hills “golden flats” area has hit the market for the first time in nearly 20 years, asking $40 million. The property appears to be owned by...
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