TRD‘s top stories: Behind Jeff Klein’s deal with Len Blavatnik, HPP is...
Current reader favorites: 1. Behind Jeff Klein’s deal to bring in Len Blavatnik as partner on Sunset Tower Hotel 2. HPP moves to evict co-working company from SaMo office building 3. How brokers are...
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Room for an entourage? Jeremy Piven wants $10M for Malibu pad
Malibu Road home, Jeremy Piven (MLS/Getty Images) “Entourage” star Jeremy Piven has put his Malibu home on the market for $10.5 million amid speculation that he’s eyeing new digs near Laurel Canyon....
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Dutch co-working firm inks lease for 48k sf building in Culver City
Spaces’ new home at 10100 Venice Boulevard (Credit: Loopnet) Spaces, an an Amsterdam-based co-working company owned by shared office space giant Regus, has inked a 47,700-square-foot lease in Downtown...
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Netflix exec Ted Sarandos relists Beverly Hills home for $8M
North Rexford Drive home, Ted Sarandos (MLS/Getty Images) After settling into a new $16 million home in Hancock Park, Netflix Chief Content Officer Ted Sarandos and his wife, Nicole Avant, are trying...
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Zillow offers $1M prize to improve “Zestimate” algorithm
Spencer Rascoff and Zillows “Zestimate” feature From TRD New York: Zillow is offering a $1 million prize to a person or team that comes up with the best way to improve its Zestimates algorithm....
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Preservationists throw monkey wrench at Hollywood Crosswords of the World...
The Hollywood Reporter building at It’s been two years since the Harridge Development Group first unveiled its plans to develop the seven acres around Hollywood’s Crossroads of the World complex, but...
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TRD goes on WNYC to discuss CIM’s relationship with Kushner, Trump
Trump Soho (Credit: Trump Hotels) The CIM Group, one of New York’s most active real estate investors, has a reputation for quietly operating behind the scenes. But recently its involvement with Kushner...
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Berkshire buys 266-unit South Park apartment complex
Met Lofts at 1050 S. Flower Street The Berkshire Group just snagged another asset in Los Angeles: the 266-unit Met Lofts in South Park, the company announced Wednesday. Berkshire made the purchase on...
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Colony NorthStar is Rising’s partner on $465M One California Plaza deal: sources
One and Two Cal Plaza, Nelson Rising and Tom Barrack (Pinterest, Getty) Tom Barrack’s Colony NorthStar is the equity partner behind Rising Realty Partners’ purchase of One California Plaza in Downtown...
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Malibu farmhouse linked to Aileen Getty lists for $14M
Bison Court home, Aileen Getty (MLS/Getty Images) Aileen Getty is heading east, sources told The Real Deal, and the heiress appears to be leaving her Malibu home behind. An entity linked to the...
View ArticleTRD‘s top stories: Behind Jeff Klein and Len Blavatnik’s $100M deal, DTLA...
Current reader favorites: 1. Behind Jeff Klein’s deal to bring in Len Blavatnik as partner on Sunset Tower 2. Will DTLA’s housing development lead to a glut of empty units? 3. HPP moves to evict...
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Kennedy-Wilson buys two Glendale office buildings for $144M
400 and 450 N. Brand Blvd Kennedy-Wilson Holdings Inc. paid $144 million, or nearly $330 per square foot, for two class A office buildings in Glendale, the company announced Friday. The seller is...
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Paragon nabs Northridge retail complex for $55M
Paragon principal Mark Harrigian Retail investment firm Paragon Commercial Group has scooped up a retail complex known as Northridge Plaza near Canoga Park for $54.7 million in an off-market deal,...
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Famed Metropolis store faces eviction if owner doesn’t cough up $5K by Tuesday
Metropolis (credit: Sharon VanderKaay via Flickr) The future of famed antiques junk store Metropolis could be in jeopardy, thanks to rising neighborhood rents and a strict new landlord. Nick...
View ArticleUS condo financing program could be making a comeback
From TRD New York: Could condos financed with low down payment government-backed mortgages stage a surprise comeback under the Trump administration, which generally seeks to reduce federal involvement...
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Space invaders: Developers team up to tackle LA’s parking laws
Image by Lexi Pilgrim André Bueno has only been back in the Los Angeles area for a few weeks, but one of the biggest headaches residential builders here face is already clear to him: How does a...
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Justin Mandile leaves the Agency for Mercer Vine
Justin Mandile (Mercer Vine) Justin Mandile, who has sold luxury homes under the auspices of the Agency since 2013, has left for smaller pastures. The luxury agent — who had a brief moment in the...
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John Winter’s Barker Block penthouse hits market asking $1.6M
Barker Block (Compass) John Winter’s Friday night may not involve streaking in the park or skinny dipping in the dark. But tonight, the music video producer behind Katy Perry’s “Last Friday Night,”...
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Millennials aren’t saving enough for a down payment on a home: survey
From TRD Miami: The future of homeownership for millennials doesn’t look bright. About 70 percent of millennials have reported that they’ve saved less than $1,000 for a house down payment, a new study...
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Non-disclosure agreements, disclosed
Illustration by Lexi Pilgrim for The Real Deal Last May, the chairman of New York REIT, a company that became notorious for having its dirty laundry aired in public, stressed the clandestine nature of...
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