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When Jared Kushner came to dinner
Clockwise from left: Jared Kushner, RPM Italian, Tosca Ristorante, the Capitol Hill Club and Founding Farmers (Credit: Getty Images RPM, Tosca, Founding Farmers and Capitol Hill Club) From the New York...
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CushWake poaches Arts District broker team from CBRE
From left: Brokers Brandon Burns, Brandon Gill and Jae Yoo (via Cushman & Wakefield) Brandon Gill, Brandon Burns, and Jae Yoo — who have brokered major Arts District development site sales — have...
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Current reader favorites: 1. New lawsuit alleges Shekhter forged contracts 2. Bratz toy mogul buys Gehry’s Borman house for $24M 3. Beijing investment firm nabs San Pedro hotel for $27M 4. GPI buys...
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Will Nile Niami’s divorce affect his $500M spec mansion?
Nile and Yvonne Niami (McClean Design/Getty) Yvonne Niami, the wife of mega-mansion builder Nile Niami of Skyline Development Inc., filed for divorce last month, a decision that could have significant...
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“Apprentice” creator buys Malibu home, puts it on rental market
Mark Burnett (Credit: Getty) Ratings for “The Apprentice” may be tanking with Arnold Schwarzenegger at the helm, but the show’s creator is still riding high. Reality television producer Mark Burnett,...
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Dubai’s biggest developer takes another crack at Beverly West
The Beverly West at 1200 Club View Drive and Emaar Properties CEO Amit Jain (Credit: Mark Singer Photography, PH Real Estate Brokers Dubai) UPDATED: Feb. 9 at 2.30 p.m. Emaar Properties is about to...
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The inner circle
Steven Mnuchin and Wilbur Ross From the New York February issue: The estimated net worth of Trump’s cabinet is now pegged between $12 and $15 billion — on par with the projected cost of building the...
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Mitsui Fudosan wants to build a second mega-development in DTLA
Mitsui Fudosan America CEO John Westerfield and the site at 754 South Hope Street Japanese developer Mitsui Fudosan is planning another big Downtown Los Angeles project: a 40-story, 409-unit tower in...
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Jerry Bruckheimer’s $12M estate is in escrow after nearly two years on market
Jerry and Linda Bruckheimer (Getty/Deasy/Penner & Partners) Blockbuster movie producer Jerry Bruckheimer and his best-selling novelist wife Linda have another hit. The high-powered couple’s...
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This place is great! (mostly because mom and dad are paying)
Millennials outside of a New York City apartment building (Credit: Getty Images) From the New York website: Millennial renters have found the best lender in town. It’s called the Bank of Mom and Dad....
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Fashion District firm plans 73-unit South LA development
The development site at 6109 South Crenshaw Boulevard Haroni Investments, a property management firm based in the Fashion District, is the latest player to try its hand at South L.A., a part of town...
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Starz CEO entertains buyer for Brentwood pad after $2M price chop
Carmelina Avenue home, Chris Albrecht (MLS/Getty) The stars have aligned for Chris Albrecht, CEO of cable network Starz. The entertainment executive’s 7,021-square-foot Brentwood home sold Wednesday...
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Lutnick’s BGC Partners plans IPO for Newmark
Barry Gosin and Howard Lutnick From the New York website: Howard Lutnick’s BGC Partners, the parent company of Newmark Grubb Knight Frank, took the first step Thursday toward spinning the brokerage off...
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Current reader favorites: 1. CushWake poaches Arts District broker team from CBRE 2. GPI buys West LA Macy’s for $50M 3. Long Beach apartment tower looks for $140M bid 4. Will council’s new...
View ArticleWATCH: With election around the corner, backers and opponents turn up heat on...
With the March election less than a month away, campaigns for and against the development-curbing ballot initiative are jacking up the volume on whether voters should say “yes” or “no” to Measure S....
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Trump is a pesky Palm Beach neighbor, Jeff Greene says
Jeff Greene, left and Donald Trump, right From the South Florida site: Billionaire real estate investor Jeff Greene said President Donald Trump’s recent visit and the accompanying traffic hurt his...
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Planning Commission has approved 90% of zoning amendment applications since 2000
Attendees at a planning commission hearing (Credit: Beezley Management) Measure S proponents do get one thing right: Most developers seeking changes to zoning really do end up getting their way. Since...
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Colbie Smulders sells Los Feliz investment property for $1.4M to Demetri Martin
Demetri Martin, Colbie Smulders and the property on Rodney Drive A Los Feliz property owned by Robin Scherbatsky has sold for $1.4 million, blue French horn not included. Colbie Smulders, star of CBS...
View ArticleUS real estate kickbacks prompt penalties by consumer agency
From the New York website: If your real estate agent requires you to get a mortgage pre-approval from one specific lender as a condition of submitting an offer to buy a house — even if another lender...
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Johnny Depp wants to build an underground tunnel between his Hollywood Hills...
Johnny Depp, Eastern Columbia Building (Getty/Partners Trust) First Johnny Depp was sailing the high seas, but now the actor is heading underground – literally. The superstar wants to connect his five...
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