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Malibu oceanfront estate hits market for $57.5M
Marta Kauffman and the new house off Pacific Coast Highway With a $57.7 million house, who needs friends anyway? The Cape Cod-style compound on the Malibu oceanfront — on a parcel where “Friends”...
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EB-5’s fighting chance
From the New York March issue: In early 2013, a press release for an upcoming luxury high-rise in New Jersey was blasted out to investors more than 6,000 miles away. Aimed at wealthy Chinese seeking a...
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LA’s David Binswanger takes larger role at Lincoln Property as company plans...
From left: David Binswanger and Rob Kane Lincoln Property Company executive David Binswanger led the company’s growth in Los Angeles over the past decade, as the developer, prolific in the region, took...
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Rockpoint Group snags East Hollywood apartments for $34.3M
4150 Marathon Street (Pacific Partners Real Estate Investments) Boston-based real estate investment firm Rockpoint Group acquired an East Hollywood apartment building for $34.3 million in an off-market...
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Here’s what LA’s $10M-$30M investment sales market looked like last week
Bradley Geier, co-founder of Merlone Geier and the plaza at 345 South Lake Avenue, and 1015 3rd Street In the world of mid-market L.A. investment sales last week, two mid-century Santa Monica apartment...
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Here’s what’s at stake for real estate on the March 7 ballot
Angelenos at a Boyle Heights polling station in November (Credit: Getty) Los Angeles Mayor Eric Garcetti won’t be the only one fighting for his seat tomorrow. A number of real estate interests are at...
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The priciest home listings in LA last week
Priciest Listings (MLS) The second time might be the charm for the top two priciest listings of last week, as both properties are being re-listed with a hefty price cut. The Bradbury Estate is back on...
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Chinese investors could exit US in favor of Asia
Buildings in the Jiading district of Shanghai (credit: Getty images) From the New York website: After two-year stretch during which the yuan depreciated against the dollar, the Chinese currency is on...
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Measure S watch: Just how much clout do community groups have?
No on S protestors (Via southpark.la) While they have no direct voting authority, L.A.’s neighborhood councils have become a powerful force in local elections, mobilizing voters in their districts to...
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Current reader favorites: 1. If Council candidates are indication, Measure S will be close call 2. Wilshire Grand secured nearly $61M in tax breaks from the city 3. Snap IPO: While Silicon Beach...
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Former Patricia Barry estate sold for $10.3M
Patricia Barry in an episode of “The Twilight Zone” and her longtime home on North Bristol Avenue (Credit: Gussman Czako Estates, CBS) It’s not in a dimension as vast as space or as timeless as...
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Fund mulling $4B WeWork investment is Saudi-backed: report
Saudi Arabia King Salman bin Abdulaziz and Adam Neumann From the New York website: A Japanese fund reportedly in talks to invest up to $4 billion in WeWork is heavily backed by sovereign wealth from...
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Here’s everything you need to know about Measure S
An October news conference against Measure S(Credit: Jon Endow) For the past year, Measure S has been the little ballot that could. As voters head to the polls Tuesday, sources say the initiative, once...
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Steve Wynn nets profit on $16.6M sale of Bel Air mansion
Steve Wynn and his house at 565 Perugia Way Steve Wynn has won again. The casino magnate and hotelier sold his Bel Air mansion for $16.55 million — that’s more than half a million higher than the last...
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African heiress wants $17.5M for Beverly Hills estate
N. Maple Drive home, Pascaline Gabon (MLS/Getty Images) Pascaline Bongo, a former Gabonese politician and the daughter of former president Omar Bongo, has listed her Beverly Hills home for $17.5...
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Developer plans 48-unit complex near the Grove
8000 Beverly Boulevard Beverly Grove-based real estate firm South Park Group is planning a 48-unit apartment complex on its home turf, city documents show. The project calls for a five-story mixed-use...
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Trump Tower has seen a surge of sales and listings since mid-2015
Trump Tower and Donald Trump (Credit: Getty Images) From the New York website: Condominium sales at Trump Tower have surged since Donald Trump announced his run for president in mid-2015, and the...
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Actress Ashley Tisdale drops $2.6M on Hollywood Hills home
Ashley Tisdale, La Presa Drive home (Getty Images/MLS) It’s a sweet life for actress Ashley Tisdale, who has appeared in the Disney Channel series “The Suite Life of Zack & Cody” and “High School...
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The wheelman: Colliers’ Adam Tischer tied up in campaign sign swipe incident
Adam Tischer (Credit: Instagram) and a screenshot of the Tesla in the incident (Credit: KTLA) Colliers International’s Adam Tischer, a prominent Downtown L.A. broker, has had a fast and furious...
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Onni plans 231-unit project on Santa Monica Boulevard
A rendering of 6901 Santa Monica Boulevard Canadian developer Onni Group is planning a seven-story mixed use project on Santa Monica Boulevard, just west of Highland, Curbed reported. The building,...
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