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Current reader favorites: 1. Compass parts ways with Leah Sternberg 2. Mobile homes investor buys Ktown complex for $20.5M 3. Stan Druckenmiller shells out $36M for Malibu pad 4. Qatari royals behind...
View ArticlePhilip Lim to open boutique in Arts District
Philip Lim and the storefront at 734 E. 3rd Street Designer Philip Lim will open an outpost of his eponymous fashion brand in the Arts District, the latest sign that the once industrial area is...
View ArticleBlimp mogul wants $17M for Beverly Hills mansion
Igor Pasternak and his Beverly Hills home This blimp maker is likely hoping the real estate market isn’t over-inflated. Kazakhstani aerospace mogul Igor Pasternak has listed his Beverly Hills pad for...
View Article“Mommie Dearest” mansion in Holmby Hills sells following price cuts
Diana Scarwid and Faye Dunaway as Christina and Joan Crawford in “Mommie Dearest” (Credit: MGM Studios) They brought the axe, and it did the trick. Holmby Hills’ famed “Mommie Dearest” mansion has...
View ArticleWill Trump’s immigration policies wreck the construction industry?
(Credit: Getty) In February, President Donald Trump — in the words of his press secretary — took “the shackles off” the U.S. Immigration and Customs Enforcement (ICE). A few weeks earlier, the...
View ArticleInside the battle for StreetEasy’s soul
Spencer Rascoff From TRD New York: The ink was barely dry on Zillow’s 2014 agreement to buy Trulia for $2.5 billion when the real estate behemoth got its first real challenge — from media titan Rupert...
View Article“Mayor of Melrose” buys WeHo storefront for a “ridiculous” $4,500 psf
Benjamin Soleimani and his rugs, and the storefront at 8632 Melrose Avenue Rug maker and part-time developer Benjamin Soleimani ponied up $15 million for a 3,328-square-foot retail space on Melrose...
View ArticleAnders Eisner lists Little Holmby estate for $24.5M flip
Birchwood Drive home, Anders Eisner (MLS/Getty Images) Anders Eisner, the son of former Walt Disney Company CEO Michael Eisner, is looking for a hefty return on his estate in the Little Holmby...
View ArticleDouglas Elliman names Stephen Kotler president of western region
Stephen Kotler (via Douglas Elliman) Stephen Kotler’s vacation in Los Angeles is turning into more of a permanent stay. The former CRO of Douglas Elliman has been named president of the western region,...
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Current reader favorites: 1. Rob Speyer’s heavy lift 2. Hedge funder says retail slump is a “forever trend” 3. Resi complex planned for Beverly Grove car wash 4. Section 8 seekers could face 11-year...
View ArticleInfamous ghost manse near Runyon Canyon listed as $15.9M teardown
Rendering of 2458 Solar Drive The mansion that abuts Runyon Canyon Park at 2450 Solar Drive has long been one of L.A.’s most infamous. The grandiose property, which spans nearly 10,000 square feet on...
View ArticleJane Fonda buys Century City townhome for $5.45M
Jane Fonda and her townhome on Century Woods Drive (Credit: Getty, Trulia) Jane Fonda just bought a Century City townhome for $5.45 million with her Beverly Hills digs still on the market, the Los...
View ArticleThe Closing: Robert Merck
Robert Merck (Photo by Studio Scrivo) From TRD New York: Robert Merck is the global head of real estate for MetLife, one of the largest commercial lenders in the U.S., with a $67 billion real estate...
View ArticleMeteorologist Dallas Raines flips Pasadena home for $3.3M
Edgehill Place home, Dallas Raines (MLS/Getty Images) Meteorologist Dallas Raines has flipped his Pasadena home for above ask, a positive signal for the real estate forecast. The T.V. weather guru...
View ArticleTaylor Swift wins landmark approval for Goldwyn estate
Taylor Swift and the house on Laurel Lane (Credit: FOTP, Pinterest) Taylor Swift’s home better never go out of style. The Beverly Hills City Council has approved the singer’s request to grand the...
View ArticlePasadena halts Kimpton Hotel development
Pasadena’s YWCA building, Mayor Ted Turnek (Google Maps/Getty Images) The Pasadena City Council voted Monday to pause the 181-key Kimpton Hotel development it already approved in August on the site of...
View ArticleRick Caruso taps hotel exec for $200M Montecito resort
Rick Caruso (twitter) and Ali Kasikci (Businesswire) Rick Caruso has tapped hotel industry executive Ali Kasikci to lead the $200 million Rosewood Miramar Beach Montecito development — his firm’s first...
View ArticleCentury City neighborhood groups fight over Westfield’s “hush money” payout
Westfield Century City mall (Westfield Corp.) Two Century City neighborhood groups are fighting over who should have received a secret $3.1 million payout from Century City mall owner Westfield, which...
View ArticleMost popular on The Real Deal
Current reader favorites: 1. “Mayor of Melrose” buys WeHo storefront for $4,500 psf 2. Rob Speyer’s heavy lift 3. Top hedge funder says retail slump is a “forever trend” 4. Resi complex planned for car...
View ArticleSan Gabriel Valley Father-daughter team accused of $50M EB-5 fraud scheme
From TRD New York: Prosecutors accuse a California father-and-daughter team, based in the San Gabriel Valley, of running a $50 million EB-5 visa fraud scheme that helped fugitive criminals land U.S....
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