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Mohamed Hadid nearing plea deal in “starship enterprise” McMansion trial: report
Mohamed Hadid and a rendering of the home at 901 Strada Vecchia Developer Mohamed Hadid and the Los Angeles City Attorney’s office appear to be close to a plea deal in the criminal trial over the...
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LA luxury home prices are up 17% year-over-year: report
An estate at 1187 North Hillcrest Road in Beverly Hills In the most expensive corners of Los Angeles, the rising tide of real estate prices shows little sign of subsiding. The median price for a luxury...
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Last stop? More LA retirees are moving to luxe condos and townhouses
A rendering of Jamison’s condo project at 3980 Wilshire (credit: KTGY Group) Forget retreating the suburbs. These days, Southern California’s wealthy retirees are staying put in the city. More and more...
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The trials and tribulations of Neil Shekhter
Neil Shekhter and 1410 Fifth Street in Santa Monica From the April issue: Neil Shekhter was once known first and foremost as the kingpin of the largest apartment developer in Santa Monica, NMS...
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Empire State Building owner concerned over “PR bruise” from Trump travel ban
Anthony Malkin, the Empire State Building and Donald Trump (Getty Images) From TRD New York: Empire State Realty Trust’s CEO Anthony Malkin said he is worried Donald Trump’s travel ban could hurt...
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Hollywood’s Tommie Hotel project can proceed despite complaints: City Council
Rendering of Tommie hotel (Los Angeles Planning Department) Los Angeles City Council unanimously rejected two appeals Tuesday that were intended to stop development of the planned eight-story Tommie...
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Judge puts Frank Gehry-designed WeHo development on hold
Rendering of Gehry’s design for 8150 Sunset Boulevard The saga continues for Townscape Partners. The developer’s mixed-use project on Sunset Boulevard is delayed indefinitely after a judge ruled this...
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Sale of “Mommie Dearest” estate closes at $18.8M
Mapleton Drive home, Joan Crawford (MLS/Getty Images) The famous “Mommie Dearest” property in Holmby Hills has found a new family. While the 6,055-square-foot home was reported to be under contract...
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China’s scrutiny of capital flows could crush trophy US deals: ex-China...
From left: 666 Fifth Avenue, 1221 Sixth Avenue, 245 Park Avenue and Ludwig Chang From TRD New York: Should Chinese institutional investors eyeing trophy properties in the states think twice? One major...
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Everything you need to know about Beyoncé and Jay Z’s prospective new home
Beyoncé and a rendering of 454 Cuesta Way Third time’s the charm, right? Either way, don’t hold your breath: Beyoncé and Jay Z may have made a $120 million offer on a spec home in Bel Air — their third...
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Actor Orlando Bloom snags Beverly Hills pad for $7M
Orlando Bloom, North Hillcrest home (Getty Images/MLS) Actor Orlando Bloom purchased a modern estate in Beverly Hills’ star-studded Trousdale enclave for $7 million, The Real Deal has learned. The...
View ArticleTRD’s top stories: Payday for Blackstone, Mohamad Hadid nears plea deal … and...
Current reader favorites: 1. Payday for Blackstone: Firm closes on sale of 3 pricey offices 2. The Closing: Maurico Umansky 3. Trouble on the Bloc 4. Mohamed Hadid nears plea deal in manse trial:...
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Home of late Hollywood business manager wants $18M
The home of late manager Edgar Gross The home of Edgar Gross, a Hollywood business manager who represented the likes of Cher and Richard Gere, has hit the market for $18.25 million, six months after...
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The royal families of Los Angeles real estate
(Illustration by Neil Webb) From the April issue: Though Los Angeles may sprawl far and wide, the city’s real estate roots are relatively shallow. Unlike in New York, where dynasties often stretch back...
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New bipartisan House bill could boost construction lending
From left: Robert Pittenger and David Scott From TRD New York: When mortgage bankers complain about Obama-era financial regulations hurting the industry, they usually point to one obscure rule: High...
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Movers & Shakers: Nourmand hires two new agents, CBRE poaches EVP …& more
From left: Ed Balazs, Amber Schiada, Daniel Carson, and M. Scott Cooper Nourmand & Associates doubled down on new hires this week with two new agents. Daniel Carson will join the firm after 13...
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Camden re-files plans for mixed-use project in Arts District
Rendering of 1525 E Industrial Street (DLANC) After putting it on hold for a couple years, Houston-based developer Camden USA re-filed plans for a mixed-use project in the Arts District with the city...
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Adler Realty plans massive nine-building compound near Warner Center
Site of the development and Adler CEO Michael Adler For Adler Realty Investments, it’s go big or go home. The Woodland Hills-based real estate firm filed plans for an eight-phase development with more...
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Sorgente Group sells historic Fine Arts Building in DTLA for $43M
The Fine Arts Building (Hannah Miet) and Veronica Mainetti outside its Lobby (R. Brodin, Getty Images for Sorgente Group of America) The intricately designed Fine Arts Building at 811 W. 7th Street in...
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Riot Games doubles footprint at Kilroy’s Westside Media Center
Kilroy CEO John Kilroy, Jr. and 12312 W. Olympic Boulevard Video game developer Riot Games more than doubled its lease at Kilroy Realty’s Westside Media Center in West Los Angeles, the landlord...
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