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French-inspired steakhouse to top Wilshire Grand tower
A rendering of La Boucherie La Boucherie, a French-inspired steakhouse, will open on the top floor of the Wilshire Grand, the tallest tower in the Western U.S., when it’s completed in the spring of...
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Owner of Gehry’s Schnabel House cuts price to $9.75M
The Schnabel House compound The house collector who’s been trying for two years to flip Schnabel House, one of the last single-family homes designed by starchitect Frank Gehry, for a hefty 60 percent...
View ArticleSia sells home in Los Feliz for $4.75M four months after buying it
A photo posted by SIA (@siathisisacting) on Nov 20, 2015 at 5:02pm PST Sia, the songwriter and singer known for hits like “Chandelier” and for (unlike many stars in La La Land) seeking privacy above...
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Marriott strikes back: Starwood accepts new $13.6B bid
Marriott’s Arne Sorenson, Starwood’s Thomas Mangas and Anbang’s Wu Xiaohui From the New York website: The bidding war for Starwood Hotels & Resorts may finally have come to an end. The hospitality...
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Malibu market owned by Wal-Mart heiress gets retail makeover
One of the retail sites at Trancas Country Market in Malibu From the Beverly Center to Westfield’s Century City mall, many of L.A.’s shopping destinations are trying to reinvent themselves. The Trancas...
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Submarket Snapshot: Condos in Beverly Hills
A rendering of the Pacific Star condo project in Beverly Hills (credit: the Agency) There were 24 condo units sold in Beverly Hills in the fourth quarter for an average price of $1.47 million,...
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Current reader favorites: 1. Tami Pardee on why the brokerage model is “broken” 2. Westside Estate Agency founder gets $750K a month for Malibu rental 3. Coroner: worker’s fall from Wilshire Grand...
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US commercial real estate sales sink in February
The L.A. skyline From the New York site: Is the boom about to bust? U.S. commercial real estate sales took a dive last month in what may be the clearest sign that six years of growth is leveling off....
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Kohl’s to close 9 California stores
The Kohl’s West Hills location Kohl’s Department Stores plans to close nine underperforming locations in California, including the San Gabriel and West Hills stores in Los Angeles County and an Upland...
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How rent in Los Angeles stacks up against Orange County, San Francisco
Rent in Los Angeles continues to trump rent in Southern California’s other major cities. However, leasing space in L.A.’s office, industrial and multifamily properties is a bargain when compared with...
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Watermark sells Koreatown rental complex for $72M
The Gardens at Wilshire Center Corona, Calif.-based Watermark Properties has sold the Gardens at Wilshire Center, a 159-unit apartment community in Koreatown, for $72.13 million, or $453,644 per unit,...
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Shake Shack to open in Westfield’s Century City mall
A rendering of Westfield’s Century City mall renovation After a blowout West Hollywood opening last week with lines around the corner, New York-based Shake Shack is planning its next move in an...
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Submarket Snapshot: Single-family homes in Venice
The house at 1090 Superba Avenue in Venice There were 53 single-family residences sold in Venice in the fourth quarter, according to a report by the Agency. They sold for an average of $2.03 million...
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Current reader favorites: 1. Malibu market owned by Wal-Mart heiress gets retail makeover 2. French-inspired steakhouse to top Wilshire Grand tower 3. Owner of Gehry’s Schnabel House cuts price to...
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Party like a Saudi prince: Royal sued by neighbor for allegedly trashing his...
The Hollywood Hills party house Danny Fitzgerald, the owner of a notorious Hollywood Hills party house, has filed suit against a Saudi prince who rented the home last summer, alleging that his wild...
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Max Azria has relisted his Holmby Hills mansion for $3M more
Max Azria and his Holmby Hills pad In a market where a lot of sellers are dropping prices, Max Azria is going against the grain. The fashion guru has relisted his Holmby Hills mansion for $88 million...
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There’s a Trump factor in retail real estate: REBNY panel
From left: Ron Lo Russo, Helen Hwang, Sacha Zarba, Hal Stein and Chase Welles From the New York website: A faltering Chinese economy, falling oil prices, the strength of the dollar – there are any...
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Robert Novogratz on his family’s new show and why designing celebrity homes...
Robert and Cortney Novogratz (credit: Studio Scrivo) They’re the New York City house flippers and interior designers behind shows such as “9 by Design” and “Home by Novogratz” on HGTV. Now, Robert...
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Venice church rented by Andrew Keegan’s spiritual organization lists for $6.5M
The church at 305 Rose Avenue in Venice, which is leased by Andrew Keegan’s Full Circle The historic church in Venice where actor Andrew Keegan runs his spiritual organization Full Circle has been...
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Submarket Snapshot: Single-family homes in West L.A.
A property listed at 1547 South Carmelina Avenue in West L.A. (credit: Realtor.com) There were 20 single-family residences sold in West L.A. in the fourth quarter, according to a report by the Agency....
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