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Rent Sting’s Malibu adobe for $200K a month
Sting and his home on Malibu Colony Road (Credit: Sting.com, Trulia) The price might of this Malibu rental might Sting just a little. Police frontman Sting and his wife, producer Trudie Styler, are...
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Builder confidence reaches its highest reading since 2005
Homes are constructed in Santa Clarita (Credit: Getty) From the New York website: The index measuring builder confidence for the single-family home market in the United States this month jumped to its...
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Nile Niami and wife Yvonne sell $15.6M Beverly Hills home amid divorce
Nile Niami and the N. Whittier Drive home It’s the cycle of life in tony Beverly Hills: Love, marriage, divorce, and a property breakup. Mega-mansion builder Nile Niami and his wife Yvonne have sold...
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Developer wants to build 735-unit project opposite stalled East Hollywood Target
The site at 5420 W Sunset Boulevard A developer wants to building a massive mixed-use project opposite the troubled Target site in East Hollywood. An LLC connected to American Commercial Equities, a...
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Getty heir relists Montage Hotel condo for $24.5M
Ariadne Getty and her unit in the Montage Beverly Hills at 225 N Canon Drive Ariadne Getty, granddaughter of J. Paul Getty and an heir to his $5 billion oil empire, has relisted her Beverly Hills condo...
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Cinematographer ready for a new view after listing Malibu pad for $7M
Pacific Coast Highway home (MLS) Cinematographer Newton Thomas Sigel put his Malibu pad back on market at an asking price of $6.9 million, or $2,079 a square foot. The 3,364-square-foot property on...
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Community Development Block Grants head to chopping block
White House Budget Director Mick Mulvaney (Getty Images) From the New York website: The White House’s Office of Management and Budget released its fiscal year 2018 proposals this week, cutting $6.2...
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Katy Perry wins battle with Catholic nuns over Los Feliz convent
Waverly Place convent and Katy Perry (Google Maps/Getty Images) “I am the champion, and you’re gonna hear me roar,” Katy Perry croons in one of her most famous pop songs. But who knew the song would...
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Current reader favorites: 1. In LA’s office market, is there trouble between the spreadsheets? 2. Amid At Mateo shakeup, Soylent signs 29K sf lease 3. Max Azria defaults on $34.6M in loans on Vernon...
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Is Chinese investment in LA leveling off?
A rendering of Metropolis (Greenland USA) Chinese investment in the Los Angeles metro area totaled just under $1.59 billion in 2016, a new Cushman & Wakefield report shows. The figure is just a...
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Jeff Greene chops $66M off price of Beverly Hills mega-mansion
Jeff Greene and the home on Lania Lane (Credit: The Agency) If at first you don’t succeed, slash $66 million off your asking price. Billionaire Jeff Greene has relisted his famed Palazzo di Amore...
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4Site plans 54-unit apartment complex at edge of Westlake
The site at 1246 W. Court Street and Todd Wexman Local developer 4Site Real Estate is betting on its own foresight with another project in the emerging Westlake area. The firm is planning a 54-unit...
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Single-family homes led US housing starts in February
From the New York website: U.S. housing starts are on the upswing, despite a lackluster showing from apartment buildings. February’s permits for single-family homes were the highest in a decade,...
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Izek Shomof’s Panorama Tower could include an “open mall”
Izek Shomof and the office at 8155 Van Nuys Boulevard The earthquake-ravished Panorama Tower on Van Nuys Boulevard, which is being transformed into a live-work complex, may be getting a separate retail...
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“Pretty Little Liars” star sells Sunset Strip home for $2.65M
Ashley Benson, Sunset Strip home (Getty Images/MLS) Actress Ashley Benson sold her Hollywood Hills West pad above Los Angeles’ Sunset Strip for $2.65 million, after more than a year on the market and a...
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Hong Kong billionaires rake it in, despite efforts to cool market
Hong Kong (Exploringlife via Wikipedia) From the New York website: Despite efforts to cool Hong Kong’s astronomical housing prices, the city’s real estate moguls are still raking it in. Property...
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Clothing designer lists Bel Air home for $35M
Serge Azria and his home on Siena Way His designs, while pricey, may not rival Gucci prices — but Serge Azria’s Bel Air abode is asking a top-of-the-market rate. Azria — founder of clothing lines Joie,...
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An evening with Robert A.M. Stern: “I’m not Picasso, but I’m not that far away”
The Real Deal publisher Amir Korangy and Robert A.M. Stern From the New York website: Robert A.M. Stern is a fan of buildings that rise like wedding cakes. If he had his way, towers would still be...
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Current reader favorites: 1. Jeff Greene chops $66M off price of BH mega-mansion 2. In LA’s office market, is there trouble between the spreadsheets? 3. Max Azria defaults on $34.6M in loans on Vernon...
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The priciest home listings in LA last week
Priciest listings (MLS/Hilton & Hyland) Jeff Greene, who made most of his money shorting subprime mortgage-backed securities before the 2008 financial crisis, relisted his famed Palazzo di Amore...
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