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On Israeli bond market, US real estate players are now mishpacha
From left: Allen Gross, David Marx, Jeff Sutton and Tel Aviv (Credit: Getty Images) From TRD New York: In 2015 and early 2016, the Israeli bond market had become the Promised Land for U.S. developers....
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Rick Caruso to Amazon: Bring it on
Developer Rick Caruso and the Americana at Brand in Glendale As brick-and-mortar retail continues to face an assault from e-commerce, Rick Caruso says he isn’t shying away from the Amazon challenge....
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The lobbyist hit list
(Illustration by Dante Terzigni) From TRD New York: In the fall of 1991, a brash New York developer testified at a Congressional budget hearing, telling committee members that nobody he knew could get...
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Inclusionary housing measure passes state assembly
Assemblyman Richard Bloom in 2013 (Credit: Getty) California developers may soon be required to include low-income housing in every multifamily project they propose, thanks to a state bill that passed...
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Onetime Beverly Hills home of Raquel Welch returns for $6M
Hutton Drive, Raquel Welch (MLS/Getty Images) The Mediterranean-style home of celebrity plastic surgeon Robert Rey is back on the market with an asking price of $5.69 million. Rey first listed the...
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Douglas Elliman only made $100K in profits in Q1
Howard Lorber (Credit: Getty Images) From TRD New York: No, that’s not a typo: Douglas Elliman’s profits dipped to just $100,000 during the first quarter of 2017, down from $7.1 million during the same...
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“Foul play” suspected in vote against formation of Skid Row Neighborhood Council
Skid Row in Downtown Los Angeles The vote for a separate Skid Row Neighborhood Council was closely watched by real estate interests, who feared its formation would stifle development in the area. Its...
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Will new restrictions reduce the number of CEQA lawsuits?
Jay Ziff Long before the court decision Tuesday that halted — for a second time — the construction of the Hollywood Target, the NIMBYs fighting the project were optimistic it would happen. When City...
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Poketo closing Arts District flagship citing redevelopment
Poketo’s Arts District store (Instagram) Online retailer turned brick-and-mortar shop Poketo announced on Instagram it would be closing its Arts District flagship store at the end of this month. The...
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Hudson Pacific taps CBRE to lease Epic development in Hollywood
Hudson Pacific Properties CEO Victor Coleman and Epic development rendering With two of its office buildings on the Sunset Bronson Studios lot pre-leased to Netflix, Hudson Pacific Properties is...
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Russian “Bachelor” turned developer Max Cherniavsky lists $8.5M Encino estate
White Oak Avenue home (Aaron Kirman Partners) Will you take this rose from Maxim Cherniavsky? The real estate developer and former star of Russia’s version of “The Bachelor” listed his Encino property...
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Disney exec nabs Brentwood home for $9M
Sean Bailey and the home on N. Bristol Avenue For this Disney exec, Brentwood seems to be the happiest place on earth. Sean Bailey, the president of production at Walt Disney Pictures, bought a...
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WeWork, Rhone Group raise hundreds of millions for property investment fund
Adam Neumann, Steven Langman and Robert Agostinelli (Getty Images) From TRD New York: WeWork and private equity firm Rhone Group raised several hundred million dollars for a real estate investment...
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Panel conflicted over how to distribute Measure H funds
Homeless woman in Pasadena. (Credit: Getty) Biggie said it best: Mo money, mo problems. Members of a 50-member panel appointed to oversee the distribution of $355 million in funds created by Measure H...
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Compass broker Tomer Fridman to star in new Kardashian real estate show
Tomer Fridman, Scott Disick and Kris Jenner (Getty Images) Real estate agent to the stars Tomer Fridman and Scott Disick of “Keeping up with the Kardashian” fame are partnering up to star in a reality...
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The priciest home listings in LA last week
Priciest listings (MLS) The onetime home of “Rat Pack” member Dean Martin has crooned its way to the top of The Real Deal’s priciest home listings in Los Angeles with an asking price of $27.9 million....
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“Classy” porn site sues Chris Bosh over conditions at LA mansion
Chris Bosh’s Pacific Palisades home. Inset: Chris Bosh (Credit: Keith Allison) From TRD South Florida: In an unexpected turn of events, a porn site is suing Chris Bosh and his wife over the allegedly...
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Paul McClean on his “wild” ride to prominence and that $500M spec home
Paul McClean (Image courtesy of Paul McClean) Ireland-born architect Paul McClean has become somewhat synonymous with the high-end housing boom in Los Angeles. While he was undoubtedly prolific before...
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DTLA developer Barry Shy chops price of Beverly Hills manse to $28M
1024 Summit Drive, Barry Shy (MLS/Getty Images) Downtown developer Barry Shy is lowering his expectations. The longtime Historic Core developer re-listed his Beverly Hills mansion designed by architect...
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Developer Justin Barth asks $13.3M for Bel Air farmhouse
Stone Canyon Road home (Matthew Momberger) Developer Justin Barth of Barth Partners is looking for a hefty profit on his latest finished project. After extensively remodeling a Bel Air home, he listed...
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