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For developers trying to influence the president, the White House is no Trump...
President Trump (Credit: Getty Images) From the New York website: In the weeks and months after Nov. 8, Donald Trump’s door always seemed open. Old friends and celebrities walked in and out of his...
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Chinese real estate mogul wants to double his money on Chandler estate
The house on Arroyo Boulevard (Credit: Zillow) A Pasadena estate once owned by newspaper mogul Philip Chandler is back on the block. Developer Huang Kangjing listed the renovated English manor for $12...
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The Long View: The brokerage industry’s conflict of interest problem
(Getty Images) From the New York website: Imagine going to trial only to find out that your high-powered lawyer is also working for the person you are suing. Now, imagine buying an apartment and...
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JLL to lease NSB’s Gehry-designed creative office in El Segundo
Asend rendering (Gehry Partners, Kilograph via JLL) NSB Associates has tapped JLL to lease Ascend, its $50 million Frank Gehry-designed creative office development in El Segundo, the brokerage said....
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Regulators mull first appraisal threshold change in two decades
Donald Trump and Janet Yellen (Credit: Getty Images) From the New York website: A possible change to appraisal requirements could help small-business borrowers, but hurt appraisers. U.S. bank...
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Movers & Shakers: Sperry recruits from Cushman, Colliers taps self-employed...
Reza Ghobadi and Tia Jones Sperry Commercial Global Affiliates has a fresh poach: Jimmy Chai is jumping ship from Cushman & Wakefield to be Sperry’s new managing director in its Koreatown office....
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Hill-hugger: Underwear designer lists Beachwood Canyon home for $4.2M
Andrew Christian and his Beachwood Canyon home (Andrewchristian.com, Redfin) A Beachwood Canyon estate owned by men’s underwear designer Andrew Christian has hit the the market for $4.2 million. Much...
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Current reader favorites: 1. In LA’s office market, is there trouble between the spreadsheets? 2. Jeff Greene chops $66M off price of Beverly Hills mega-mansion 3. Izek Shomof’s Panorama Tower could...
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Larry Flynt to unveil $5M Gardena casino renovation, invest further $60M in area
Larry Flynt and the site of the Lucky Lady Casino at 1045 West Rosecrans Avenue The city of Gardena took a reluctant bet when it approved porn mogul Larry Flynt’s latest casino project, but it looks...
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Compass wants to build real estate’s answer to Pinterest
Leonard Steinberg and Compass’s new Collections feature From the New York website: Compass wants to build the Pinterest of real estate. Its new feature, known as “Collections,” allows consumers to...
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Sum 41 frontman sells Sherman Oaks home for $2M
Deryck Whibley and his home on Varden Street Sum 41’s Deryck Whibley sold his Sherman Oaks digs for $2.05 million, following the release of the band’s first album in five years. The pop punk rocker...
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Texan car salesman sells Malibu home for $15.9M
11768 Ellice Street (Credit: Partners Trust) A Texas luxury car dealer just sold his Malibu residence for $15.9 million. Ron Heller, who operates car showrooms in San Juan, Texas, bought the...
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Guardian scraps move to Kushner complex, fearing journalists would be spied...
Jared Kushner, The Guardian’s Lee Glendinning and Dumbo Heights (Credit: Kushner/LIVWRK/RFR) From the New York website: The Guardian’s U.S. office decided against moving to an office building in...
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In wake of Oakland fire, artists forced to move out of Fashion District gallery
Main floor at 939 Studio, John Kennamann (939 Studio/LinkedIn) The Oakland warehouse fire that killed 36 people at the Ghost Ship artist colony is having an impact on commercial spaces in Los Angeles....
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Jodie Poirier on her CBRE promotion, “Baywatch” and the industrial market
Jodie Poirier (via CBRE) Jodie Poirier is now the managing director of CBRE’s South Bay operations. She stepped into the role in February after two years as a director in the company’s advisory and...
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Nazarian family sells Century penthouse for $15.2M
The Century condo and Sam Nazarian (via Douglas Elliman, sbe) A family trust connected to Los Angeles hotelier Sam Nazarian has sold its 6,080-square-foot penthouse in Related’s posh 24-story Century...
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Current reader favorites: 1. In LA’s office market, is there trouble between the spreadsheets? 2. The brokerage industry’s conflict of interest problem 3. Chinese mogul wants to double his money on...
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Elon Musk buys fifth Bel Air property for $24M
Elon Musk and his first Bel Air mansion on Chalon Road He may have yet to colonize Mars, but Elon Musk is certainly conquering Bel Air. The SpaceX founder bought a still under construction spec house...
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Jared Kushner’s family has big plans for NYC skyscraper — and they total $12B
A rendering of 666 Fifth Avenue (Click to enlarge) (Credit: Kushner Companies/Zaha Hadid Architects via WSJ) From the New York website: Kushner Companies has a whole bag of tricks it’s been keeping...
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Here’s where California real estate players ranked on Forbes’ billionaires list
From left: Edward Roski, Jr., Rick Caruso, and Donald Bren No California real estate player landed a top 10 spot on Forbes’ latest billionaires list, but developers with projects on the West Coast held...
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