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Moral Compass: Brokerages speak out (or stay silent) in wake of Trump’s...
Robert Reffkin and protesting in Battery Park City (Credit: Getty Images) From the New York website: President Donald Trump’s ban on citizens of seven Muslim-majority nations earned him the...
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Redbury Hotel to become Soho House/WeWork lovechild
Paul Allen and the Redbury Hotel at 1717 Vine (Credit: Vulcan Productions, DLD Consulting) Move over, Soho House. There’s a new British club in town, and it’s looking a lot like WeWork for the crème de...
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Jessica Alba buys Mike Medavoy’s Beverly Hills pad for $10M
Jessica Alba and the home on Oak Pass Road Jessica Alba just bought a 1.85-acre Beverly Hills spread for $9.9 million, according to real estate gossip Yolanda Yakketyyak, from another Hollywood...
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Bank of China lends $390M to Crescent Heights for Ten Thousand tower
A rendering of Crescent Heights’ Ten Thousand apartments at 10000 Santa Monica Boulevard Crescent Heights just got its hands on a sky-high loan for its 40-story luxury rental tower Ten Thousand. Bank...
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Related Group’s Jorge Perez rebukes Trump’s plan for US-Mexico wall, calling...
View of the U.S.-Mexico border wall in Tijuana, Mexico (Inset: Jorge Perez, Credit: Getty Images) From the South Florida website: Despite a longstanding friendship with Donald Trump, Miami’s condo king...
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Coca-Cola bottling heir sells Beverly Hills pad for $25M
Alki David and Beverly Hills mansion, Victorino Noval (Getty/Sotheby’s International Realty) Property runs in the blood for the Noval family. A 16,000-square-foot Italian villa in Beverly Hills sold...
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Owen Fileti of LA Realty Partners on tech’s real estate takeover
Owen Fileti (via LA Realty Partners) Last year was one for the Westside commercial real estate books, with five properties trading hands for more than $400 million a piece. It was also, accordingly, a...
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Sprawling Edie Goetz estate in Holmby Hills gets sliced in two
Gary Wilson’s Holmby Hills mansion In L.A. real estate, two houses are always better than one. Gary Wilson, the former chairman of the board of Northwest Airlines, has divided his sprawling Holmby...
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Valley mortgage lender fined in kickback scheme
Prospect CEO Michael J. Williams and the Consumer of Financial Protection Bureau. (Credit: Prospect Mortgage) Prospect Mortgage, a major Sherman Oaks-based lender with nationwide branches, will pay a...
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The Long View: The danger of a multifamily mortgage morass
Enter at your own peril: rental apartments could emerge as a problem for lenders (Credit: Getty Images) From the New York website: If you asked a real estate executive to rank property types by bubble...
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San Francisco’s Upload Inc. signs 20K lease in Marina del Rey
Taylor Freeman and William Mason (via UploadVR); Marina Business Center (via Hankey) Upload Inc. — a San Francisco-based company that runs co-working space, events and educational programs for the...
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Editor’s note: Can the Trump bounce last?
Stuart Elliott From the New York February issue: Markets crave stability, but you’d be hard pressed to call the first days of the Trump presidency stable. Trump’s core populist appeal — his promises to...
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Thomas Feng, CEO of Oceanwide Plaza, on DTLA, Chinese buyers and the LA...
Oceanwide Plaza rendering, Thomas Feng (Oceanwide Plaza) Beijing developer Oceanwide Holdings Company’s $1 billion mega-development in Downtown Los Angeles is rising swiftly from ground. The...
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Mayor Garcetti sounds off against Measure S
Mayor Eric Garcetti (credit: LaMayor.org) L.A.’s elected officials have hit the campaign trail against Measure S — with the election just five weeks away. Mayor Eric Garcetti said Tuesday during a “No...
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Steve Mnuchin gets Senate panel confirmation after rule change
Steve Mnuchin (Getty) Senate Republicans are determined to see the confirmation of Steve Mnuchin, Donald Trump’s pick for treasury secretary. Mnuchin, the former Wall Street executive who headed...
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Current reader favorites: 1. A multifamily boom is born 2. CIM is shopping Miracle Mile office campus for $52M 3. Drake’s $20M “YOLO estate” in Hidden Hills off market 4. Snap Inc.’s office building...
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When that Hotline bling with fraud: Imposter lists Drake’s house
Hidden Hills estate, Drake (Credit: Redfin/Getty/via Chieforganizer.org) Canadian-born rapper Drake made another hit when it was reported that his three-acre Hidden Hills home was on the market for $20...
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Jillian Michaels ready to lose Malibu mansion
Jillian Michaels and her Malibu home (credit: Paolawolly via Wikimedia, The Malibu Life Team) From Luxury Listings: She’s accustomed to helping people shed pounds, but now fitness guru Jillian Michaels...
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Wall Street in the age of Trump
(Illustration: Tavis Coburn) From the New York issue: In the weeks since Donald Trump’s unlikely presidential victory, Wall Street has surged and added a lot of zeros to bank account balances. The...
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City Hall: you currently have 29 updates pending
Council member Jose Huizar last December (credit: www.josehuizar.com) The city’s Planning and Land Use Management Committee has recommended that the City of Los Angeles update its 35 community plans...
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