Clik here to view.
West Elm in advanced talks with Geoff Palmer for 11K sf DTLA lease: sources
Rendering of Broadway Palace (via Colliers) If a pending lease deal closes, Downtown’s luxury apartment dwellers will have a much shorter distance to travel for trendy furniture. West Elm is in...
View ArticleClik here to view.
Council member calls for LA to “mirror” Bay Area with tenant protection policies
Council member Gil Cedillo Los Angeles lawmakers are looking to their neighbors up north for ideas on how to better protect the city’s affordable units and their tenants. In a motion filed April 19,...
View ArticleClik here to view.
Payday! Here’s what some of LA’s top real estate players are making
From left: Jordan Kaplan, Michael Schall, and David Neithercut (Credit: Getty, Multifamily Executive) From the April issue: The Los Angeles real estate market has been on a roll in recent months,...
View ArticleClik here to view.
David Geffen sells Carbon Beach pad for $85M, breaks Malibu record
David Geffen and his Carbon Beach pad David Geffen’s Carbon Beach compound has finally sold for $85 million, after two years on the market. The sale closed Tuesday, TMZ first reported. While it came in...
View ArticleClik here to view.
WeWork hires former Spotify exec as first-ever CTO
Laurent Paris From TRD New York: WeWork hired Spotify and Yahoo veteran Laurent Paris as its first-ever chief technology officer. Paris, who most recently served as vice president of engineering at...
View ArticleClik here to view.
Judge shoots down approvals for Hollywood Target shopping center
Rendering of Hollywood Target (Target) A Los Angeles superior court judge ruled that the City Council’s attempts to approve new zoning for the stalled Hollywood Target site violated planning rules, in...
View ArticleClik here to view.
City Council to consider “dense development” restrictions in Silver Lake and...
Mitch O’Farrell (Getty Images) Council member Mitch O’Farrell submitted two separate motions to discourage “dense” development in the Silver Lake and Echo Park neighborhoods, which fall within his...
View ArticleClik here to view.
Tom Barrack’s Colony NorthStar moves next to Trump Tower
590 Madison Avenue, Tom Barrack (Getty Images) From TRD New York: Trump buddy Tom Barrack is moving his company office to the building next to the president’s New York home. Barack’s Downtown Los...
View ArticleClik here to view.
Here are your options for sky-high dining atop the Wilshire Grand
Rendering of the Wilshire Grand at 900 Wilshire Boulevard The tallest tower west of the Mississippi will also have the tallest open-air bar. The Wilshire Grand’s InterContinental hotel will house an...
View ArticleClik here to view.
Grocery Outlet inks 16,500 sf lease at Holland Partner’s Sofia development
Rendering of Sofia Los Angeles (Holland Partner Group) Supermarket chain Grocery Outlet Inc. will soon be stocking shelves in the City West neighborhood near Downtown Los Angeles. The company recently...
View ArticleClik here to view.
Housing prices rose 6.4 percent in Los Angeles County: report
Sale pending on Pasadena home (Getty Images) Housing prices rose faster in Los Angeles County than they did in other parts of Southern California, according to a CoreLogic study released Tuesday, which...
View ArticleClik here to view.
Lawmakers concerned that mayor’s budget relies on Airbnb tax
Airbnb Founders Joe Gebbia, Nathan Blecharczyk and Brian Chesky (Credit: Getty Images) Lawmakers are concerned that Mayor Eric Garcetti’s proposed budget depends on Angelenos continuing to be allowed...
View ArticleClik here to view.
Retail will be “smaller but healthier” in 5 years: Sternlicht
The Polo Fifth Avenue flagship store and Starwood Capital’s CEO Barry Sternlicht (Credit: Getty Images) From TRD New York: Retailers are closing stores across the city and the country, and in the end...
View ArticleClik here to view.
Beverly Hills investor plans pair of small commercial buildings in Encino
Site at 16206 W. Ventura Boulevard Max Netty, a real estate investor based in Beverly Hills, filed plans Wednesday to build two commercial buildings with office space, restaurants and a health club in...
View ArticleClik here to view.
Jeremy Piven eyeing Laurel Canyon pad for $2.25M: sources
Jeremy Piven and the Achilles Drive home (credit: Getty) Jeremy Piven, the “Entourage” star known for his performance as take-no-prisoners Hollywood agent Ari Gold, may have bagged himself a new pad....
View ArticleClik here to view.
Watch: What LA’s top earners are bringing home
In this month's issue,The Real Deal examined SEC disclosures to find out how much the top honchos at L.A.'s most influential public real estate companies are pocketing. Tune in to the video to see...
View ArticleClik here to view.
Powerful D.C. lobbyist linked to $7.7M purchase of Rustic Canyon lodge
Haldeman Road home, Heather Podesta (Partners Trust/Getty Images) Washington “it girl,” lobbyist Heather Podesta, bought the Rustic Canyon hangout of Clark Gable and Walt Disney for $7.7 million. The...
View ArticleClik here to view.
Behind Douglas Emmett’s quest for LA office trophies
From left, Sheikh Abdullah bin Mohammed bin Saud Al Thani of QIA, Jonathan Gray of Blackstone, Jordan Kaplan of DEI and 1299 Ocean (Getty) With its recent acquisitions of 1299 Ocean Avenue and 429...
View ArticleClik here to view.
Craig Ferguson sells Malibu pad for $6M
Craig Ferguson (Getty Images) Comedian Craig Ferguson finally sealed the deal on his Malibu home in the gated community of Malibu Cove Colony, selling it for $5.95 million. The former host of “The Late...
View ArticleClik here to view.
Soon-to-be Witkoff-owned project will add to SaMo’s affordable housing supply
Rendering of project at 1626 Lincoln (Credit: Community Corporation of Santa Monica via Curbed) A fully affordable apartment complex is underway in Santa Monica, the biggest project of its kind in...
View Article