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Leasing Roundup: Inglewood gets transit tenant, Wells Fargo Center gets legal...
111 La Brea Ave, 1315 Lincoln Blvd and 355 S Grand Ave (Cushman & Wakefield/Madison Partners/Brookfield Office Properties) Landlord Lee Ventures Realty Inc. signed a new tenant to its two-tower La...
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USC buys Boyle Heights medical facility for $110M
The building at 1450 N San Pablo Street For $110 million, the University of Southern California is killing two birds with one stone. USC acquired a 150,000-square-foot medical facility from an...
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Storied Tony Scott estate is back on the market for $26.9M
The late Tony Scott and his estate on Seabright Place A Beverly Hills estate formerly home to the late movie director Tony Scott is back on the market for $26.9 million, $15 million less than its...
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Douglas Elliman closes $24.6B in sales in 2016
11 Beach Street, Howard Lorber and 10 Madison Square West From the New York website: Douglas Elliman sold $24.6 billion worth of real estate nationwide in 2016 — a 9.8 percent year-over-year jump, as...
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Paul Koretz defends relationships with developers as council race tightens
Paul Koretz and Jesse Creed (Getty Images/Creed for Council) Incumbent Los Angeles City Council member Paul Koretz is being slammed for his relationships with real estate developers as his the...
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Snap IPO: While Silicon Beach parties, local activists fume
Snapchat founder Evan Spiegel and protesters in Venice (Credit: Wikipedia, Instagram user @chance_foreman) Despite protests on its home turf of Venice, Snap Inc. — the company behind Snapchat —...
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Love it or hate it, Measure S has been one pricey battle
Michael Weinstein of the AIDS Healthcare Foundation, the nonprofit bankrolling Measure S (Credit: Shutterstock, Getty) More than $7 million has been spent on campaigns for and against Measure S — and...
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Airbnb hosts in LA make more than hosts in all other California cities
Airbnb app (Getty Images) Los Angeles homeowners made more income using short-term rental website Airbnb than hosts in all other California cities, according to a report released Wednesday by the...
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Not on my hillside: LA reigns in “mansionization”
Home under construction in Los Angeles (Getty Images) Los Angeles City Council unanimously approved changes to two ordinances that regulate the size of homes on hillsides and in single-family...
View ArticleMost popular on The Real Deal
Current reader favorites: 1. Onni Group picks up Glendale Center for $83M 2. Private investor plans 127-unit complex in the Valley 3. Boxing champ hits up Beverly Hills manse for $7M 4. The Long View:...
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“American Horror Story” hotel gets landmark status
Matthew Baron and the Stay on Main hotel Los Angeles City Council voted to approve the landmark status of Hotel Cecil in the Historic Core on Tuesday. Cecil is being converted into a boutique hotel and...
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Bank looks to unload Donald Abbey’s Bradbury estate for half the price
Donald Abbey’s former Bradbury estate The massive Bradbury Estate compound formerly owned by commercial real estate tycoon Don Abbey is back on the market for $39.99 million, just over half its...
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Attention, brokers: Here’s what’s happening with the world’s ultra-wealthy
Wealth Report 2017 (Credit: Knight Frank, click to enlarge) From the New York website: The number of ultra-high net worth individuals — those with assets of $30 million or more who’ve got the funds to...
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Affordable housing project to replace century-old building in DTLA
LAMP Community, a homelessness nonprofit, wants to replace a century-old building near Skid Row with a new 82-unit complex, according to planning records. The site, at 656 and 660 Stanford Avenue, is...
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Taking flight? “Birdman” producer wants $2.45M for Malibu nest
James Skotchdopole and his home on Broad Beach Road (Credit: Coldwell Banker, Getty) “Birdman” producer James Skotchdopole has listed his Malibu nest for $2.45 million, Variety reported. The...
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If City Council candidates are any indication, Measure S will be a close call
Council member Mike Bonin, District 7 candidate Krystee Clark, and Council member Paul Koretz If the public stances of L.A. City Council candidates are anything to go by, it looks like the Measure S...
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Fed could raise rates this month: Yellen
Janet Yellen (Credit: Getty Images) From the New York website: The Federal Reserve is increasingly likely to raise short-term interest rates at its March meeting, comments by Fed chair Janet Yellen...
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Biggest Measure S spenders, AHF and Crescent Heights, happen to be locked in...
Palladium Residences (Crescent Heights) Voters will cast their ballots next week, deciding on the future of Measure S and ultimately, the future of development in Los Angeles. But the two biggest...
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Pacific Palisades home on site once owned by Ronald Reagan sells for $22M
Former Pacific Palisades home of Ronald and Nancy Reagan (A Bird’s Eye/Getty Images) A Pacific Palisades mansion built on land once owned by President Ronald Reagan and First Lady Nancy Reagan has sold...
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Michael Jackson’s Neverland estate gets a price chop to $67M
Michael Jackson and the Railroad at Neverland Ranch (credit: CelebrityAbc) From Luxury Listings NYC: There aren’t many people who can afford a $100 million property, and even less, it seems, who want...
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