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Amid sexual harassment allegations against him, Michael Arnold joins NAI Capital
Michael Arnold Michael Arnold has joined NAI Capital’s West Los Angeles office as a director and executive vice president of tenant consulting for the Southern California region, a representative of...
View ArticleTRD‘s top stories: insiders dish on pros and cons of Garcetti’s housing plan,...
Current reader favorites: 1. Could Garcetti’s affordable housing plan hamper the market? 2. Could sex sell Nile Niami’s $100M spec home? 3. Compass broker to star in new Kardashian real estate show 4....
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LA County shares the market love
A rendering of the new Marriott hotel set to open in October 2017 in Irvine, Orange County. Credit: R.D. Olson From the April issue: As L.A.’s real estate boom continues, investors in surrounding...
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Long Beach planning commission approves Phoenix developer’s multifamily complex
Rendering of 500 W. Broadway and Ensemble CEO Randy McGrane Ensemble, a Phoenix-based real estate firm, is gearing up to build a 142-unit apartment complex in Downtown Long Beach. The seven-story...
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Chinese millennials increasingly use apps to buy homes abroad
Chinese millennials on their smartphones (Credit: Getty Images) From TRD New York: While millennials in the U.S. are often known as perennial renters, their counterparts in China are snapping up...
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Downtown Class A office market cools off while Westside growth spurt...
DTLA skyline (Credit: Getty) It’s a tale of two cities. While the Westside of Los Angeles is benefitting from steady hiring and leasing by entertainment and media companies, rent growth in Downtown...
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Developer Neil Shekhter must cough up $6M for AEW’s legal fees
Neil Shekhter and a rendering of NMS Properties’ Wilshire & La Jolla tower at 6401 Wilshire Boulevard (Credit: Urban Land Institute, Steinberg Architects) A Los Angeles judge indicated that she...
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UCLA would be transformed into Olympic Village if LA wins bid for 2024 games
Rendering of UCLA as Olympic Village (Credit: LA 2014 via Curbed) Paris may have a fancy tower, but L.A.’s got the sea. And that’s why Santa Monica Beach, along with a dozen of other major Los Angeles...
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Former NFL star picks up Richard Pryor’s estate for $2.5M
Rashard Mendenhall, Parthenia Street home (Getty Images/MLS) Retired professional football player Rashard Mendenhall scooped up the former home of late comedian and actor Richard Pryor last week for...
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Taubman, operator of Beverly Center, at odds with hedge fund
Jonathan Litt, Construction at Beverly Center (Land & Buildings/Beverly Center) From TRD Miami: Taubman Centers, operator of the Beverly Center that is currently undergoing a $500 million...
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Planned demolition of former porn theater riles up residents in La Puente
Star Theatre (Creative Commons) Star Theatre, famous for showing pornographic films from the 1970s to the 1990s, may be getting the boot. The new owners of the dilapidated theater in La Puente filed...
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Late actress Doris Roberts’ home hits market for $2.4M
6225 Quebec Drive and Doris Roberts (Credit: Wikipedia) The home of late actress Doris Roberts, who starred in beloved sitcom “Everybody Loves Raymond,” has hit the market for $2.45 million, or roughly...
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Investor slams JLL over outgoing CEO’s compensation package
Colin Dyer and Alexander Marshall From TRD New York: One of JLL’s largest shareholders is threatening to oppose the company chairman’s reelection bid over the $11 million compensation package the...
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Santa Monica’s homeless population spiked by 26% last year
A homeless person in Santa Monica (Credit: Getty) The number of homeless people in Santa Monica jumped sharply last year, with many coming from other parts of Los Angeles. A recent count showed there...
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Fire breaks out at SaMo building involved in Neil Shekhter and AEW’s legal...
Lincoln Boulevard apartments, Neil Shekhter (Google Maps) A fire damaged a Santa Monica apartment building that is part of a legal battle between developer Neil Shekhter’s firm NMS Properties and its...
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Lenders to foreclose on loan attached to DTLA’s Standard Oil Building
The Standard Oil Building (credit: Wikimedia Commons) Lenders recently began foreclosure proceedings on a loan attached to the historic Standard Oil Building at 605 W. Olympic Boulevard in Downtown Los...
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The real estate behind Johnny Depp’s legal woes
Johnny Depp and the Eastern Columbia Building at 849 South Broadway While actor Johnny Depp prepares for the release of his upcoming “Pirates of the Caribbean” film, another script is starting to...
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Developer Fred Afari plans apartment building near Echo Park Lake
1601 West Park Avenue (Credit: Google Maps) An entity attached to developer Fred Afari is planning an 11-unit apartment building on an empty piece of land in Echo Park, plans filed with the city this...
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Harridge buys 18-acre site near Inglewood NFL stadium for $36M
David Schwartzman and the site at 333 N. Prairie Ave (Google Earth) When Tupac said that Inglewood is “always up to no good,” he may not have envisioned the gated condo community that is now planned in...
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Zsa Zsa Gabor’s former home sells for $10.4M
Bel Air Road home, Zsa Zsa Gabor and Frédéric Prinz von Anhalt (MLS/Getty Images) After legendary actress and socialite Zsa Zsa Gabor died late last year, real estate insiders began spreading word that...
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