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More than 500 execs slated to attend the annual REIT Week next week
David Bistricer, Marc Holliday and Steve Roth From TRD New York: The annual REIT Week conference is the largest real estate event slated for New York City next week. Running from June 6 to 8 at the New...
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Paydirt: Will brokerages always play second fiddle to brokers?
Clockwise from left: the Star Brokers illustration, Emir Of Qatar Sheikh Tamim bin Hamad Al Thani, Crown Prince of Abu Dhabi Mohammed bin Zayed Al Nahyan and Extell’s Gary Barnett (Credit: Rune Fisker,...
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Steve Witkoff in contract to buy Weston Town Center for about $90M: sources
Weston Town Center and Steve Witkoff From TRD New York: A partnership led by New York developer Steve Witkoff is in contract to buy the Weston Town Center, The Real Deal has learned. Witkoff is paying...
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Here’s what LA’s $10M-$30M investment sales market looked like last week
Villa Edgemont at 1570 N. Edgemont Street and 2021 W. Pico Boulevard (Credit: Loopnet) In the world of mid-market L.A. investment sales last week, the Healthcare Trust of America acquired three medical...
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Onetime home of “Madoff of Beverly Hills” lists for $21M
12855 Parkyns Street (MLS) A property once owned by Ezri Namvar, better known as the “Madoff of Beverly Hills,” hit the market last week for $20.9 million, listing details show. The 10,299-square-foot...
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The priciest home listings in LA last week
Priciest listings (MLS) “Mansion” is the word of the day, at least when it comes to the priciest home listings in Los Angeles. All of the priciest residential properties listed last week clocked in at...
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Seller revealed: Guggenheim founder Mark Walter is behind $85M purchase of...
Mark Walter, Carbon Beach compound (Getty Images/Bing) Looks like Mark Walter hit it out of the park. The founder and CEO of Guggenheim Partners, which owns the Los Angeles Dodgers, has been revealed...
View ArticleTRD‘s top stories: Angelina closes on Cecil B. DeMille estate, Roy March...
Current reader favorites: 1. Angelina Jolie closes on Cecil B. DeMille estate for $24.5M 2. With Eastdil in flux, Roy March has become a key player on deals 3. Barry Shy wants $100M for massive site in...
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Bay Club completes $73M deal for Manhattan Country Club
Manhattan Country Club (credit: McCormick Builds) The Bay Club Company, a California-based hospitality firm, has completed its $73 million acquisition of the ground lease for Manhattan Beach’s...
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Kimora Lee Simmons is buyer of $25M Beverly Park spread
Kimora Lee Simmons and the home on Beverly Park Circle (Credit: Getty, Westside Estate Agency) Call it a phat find. Last week, The Real Deal reported that a 20,000-square-foot mansion in Beverly Park...
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Can a weakening dollar save US hotels from Trump slump?
From left: Park Hyatt at One57, Expedia’s Dara Khosrowshahi and Jonathan Tisch (Credit: Park Hyatt and Expedia) From TRD New York: President Trump’s proposed travel bans on citizens of certain...
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Planning gives thumbs up to 146-unit mixed-use project in Northridge
Project at 18401 Nordhoff Street and LBPM president Robert Lopata Sherman Oaks-based landlord LB Property Management cleared an initial hurdle for its 146-unit mixed-use project in Northridge Monday,...
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Mohamed Hadid takes plea deal after all in mega-mansion case
Mohamed Hadid and his daughter Bella Hadid (Credit: Getty) Well, this has been a wild ride. Mohamed Hadid took a plea deal after all, nearly three years after building a behemoth mansion at 901 Strada...
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Atlas, Square Mile sell pricey stake in the Row: sources
The Row DTLA Atlas Capital and Square Mile Capital Management have agreed to sell what’s estimated to be a one third stake in the Row, their trophy retail and office complex in Downtown Los Angeles, to...
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Pacific Oaks buys 75K sf Pasadena office complex for $22M
Pacific Oaks campus (Google Maps) Pacific Oaks Education Corp. purchased its Pasadena headquarters in a $21.5 million deal. The Pasadena-based nonprofit bought the 75,000-square-foot, four-building...
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“Rat Pack” spec home in Beverly Hills hits market for $28M
Dean Martin and the spec home at 2002 Loma Vista Drive (Credit: Getty, Jade Mills) UPDATED, 10:50 a.m., June 7: Does this house make you drool just like a pasta fazool? A spec mansion on the site of...
View ArticleTRD’s top stories: Barry Shy wants $100M for massive DTLA site, WeHo...
Current reader favorites: 1. With Eastdil Secured in flux, Roy March has become a key player on deals 2. Guggenheim founder Mark Walter is behind $85 million purchase of David Geffen’s estate 3. Catch...
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City settles with Geoff Palmer over Da Vinci fire for just $400K
Construction of the Da Vinci Apartments at 909 West Temple Street and Geoff Palmer The City of Los Angeles has settled a lawsuit with developer Geoff Palmer over the massive fire at his Da Vinci...
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Midcentury architect William Krisel dies at 92
William Krisel and one of his homes in Twin Palms (Credit: Modernist Architecture, Mid-century Home) William Krisel, a Southern California-based architect known for his Modernist designs, died Monday...
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CRE execs debate whether this is a different real estate cycle
From left: Nicholas Seidenberg, David Durning, Reid Liffmann, Dennis Schuh, Robert White and Michael Quinn (Credit: Will Parker for The Real Deal) From TRD New York: Top commercial real estate...
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