Clik here to view.
LAX market’s first creative office project debuts
A rendering of 6171 Century Liminal Space, the company headed by real estate developer Paul Solomon, has completed the construction of 6171 Century, an 88,000-square foot creative office building near...
View ArticleClik here to view.
LA mayor nets $1.37M profit on sale of Echo Park home
Eric Garcetti’s former Echo Park home L.A. Mayor Eric Garcetti and his wife, Amy Wakeland, have sold their Echo Park home for $1.71 million, $55,000 over the asking price, the L.A. Times reported. The...
View ArticleClik here to view.
JPMorgan getting back in the RMBS game
Jamie Dimon (credit: Dudek1337 via Wikipedia) From the New York site: JPMorgan Chase is dipping back into the mortgage-backed securities market in the banking giant’s first “house transaction” since...
View ArticleClik here to view.
Submarket Snapshot: Single-family homes in Cheviot Hills
Source: the Agency Single-family residences in Cheviot Hills sold for an average of $1.59 million in the fourth quarter, when 13 houses sold, according to a report by the Agency. The properties...
View ArticleMost Popular on The Real Deal
Current reader favorites: 1. Downtown developer scores $23.6M construction loan 2. Are Downtown condo prices beginning to stabilize? 3. Cadence buys another development site in Santa Monica for $13.5M...
View ArticleClik here to view.
Beverly Hills, Pacific Palisades home sales spiked in last 3 months: report
A listing at 901 El Medio Avenue in Pacific Palisades It’s getting hot in the Hills. The volume of home sales in Beverly Hills and Pacific Palisades shot up by 55 and 65 percent respectively in the...
View ArticleClik here to view.
What’s behind Anbang’s record-breaking $19B hotel play?
From left: Anbang’s Wu Xiaohui and Blackstone’s Stephen Schwarzman at Harvard University in early 2015 (credit: Anbang Insurance Group) From the New York website: In a single weekend, Anbang Insurance...
View ArticleClik here to view.
LLC disclosure law may impact celebrity privacy, top LA brokers say
The London West Hollywood’s Kensington Ballroom; Rayni Williams, left; Stephen Kotler, right The U.S. Treasury’s efforts to uncover illicit funds being laundered through luxury New York and Miami real...
View ArticleClik here to view.
CMBS could make a comeback, experts say
From left: Ron Lo Russo, Jennifer McCool, Jessica Lappin and Qahir Madhany From the New York site: As banks retreat from funding certain projects, commercial mortgage-backed securities may return with...
View ArticleClik here to view.
Construction worker dies after falling from Wilshire Grand tower
A rendering of the Wilshire Grand tower by AC Martin A construction worker died today in Downtown Los Angeles after falling 53 stories from the Wilshire Grand tower, the Los Angeles Times reports. He...
View ArticleClik here to view.
The Wrap: Palladium project clears hurdle, Scott Cooper lists in...
A rendering of the Palladium Residence (credit: Crescent Heights) 1. Palladium project clears hurdle [Beverly Press] 2. Filmmaker Scott Cooper ready to part with his home in Brentwood [LAT] 3. French...
View ArticleClik here to view.
Submarket Snapshot: Single-family homes in Bel Air and Holmby Hills
Credit: the Agency The average price of single-family residences in Bel Air and Holmby Hills decreased in 2015, down 11.1 percent from 2014, according to a report by the Agency. There were 141 home...
View ArticleMost Popular on The Real Deal
Current reader favorites: 1. How Chinese hotel operator JE Group won the Yamashiro site in the Hollywood Hills 2. LAX market’s first creative office project debuts 3. LA mayor nets $1.37M profit on...
View ArticleClik here to view.
Starwood accepts Anbang’s $13.2B takeover offer
From left: Anbang’s Wu Xiaohui of Anbang (credit: Anbang Insurance Group) and Thomas Mangas of Starwood From the New York site: Starwood Hotels & Resorts accepted Anbang Insurance Group’s $13.2...
View ArticleClik here to view.
Westside Estate Agency founder gets $750K a month for Malibu rental
Summer homes in Malibu are in demand Kurt Rappaport, co-founder of the Westside Estate Agency, has found a tenant to pay $750,000 a month to rent his Malibu estate for the summer, the Wall Street...
View ArticleClik here to view.
Coroner: worker’s fall from Wilshire Grand might have been suicide
The Wilshire Grand Center under construction (credit: Hunter Kerhart) Authorities are investigating whether the electrician who fell to his death from the 53rd floor of the under-construction Wilshire...
View ArticleClik here to view.
Tami Pardee on why the brokerage model is “broken” and why she avoids reality TV
Tami Pardee and a property she listed that is in escrow at 1366 Palisades Beach Road in Santa Monica When walking along the Abbot Kinney drag in Venice, it’s impossible for the name Tami Pardee not to...
View ArticleClik here to view.
Airbnb rentals in LA County rose 42% from May to January
Marina del Rey Airbnb listings in Los Angeles County rose 42 percent from May 2015 to January of this year. The uptick was sharpest in Hollywood, Venice and Downtown, the Los Angeles Times reports....
View ArticleClik here to view.
Submarket Snapshot: Condos in Pacific Palisades
The condo property at 1551 Michael Lane in the Pacific Palisades In the Pacific Palisades, 15 condos sold in the fourth quarter for an average price of $949,718, according to a report by the Agency....
View ArticleMost Popular on The Real Deal
Current reader favorites: 1. Tami Pardee on why the brokerage model is “broken” 2. LLC disclosure law may impact celebrity privacy, top LA brokers say 3. Construction worker dies after falling from...
View Article