Clik here to view.
Smashing Pumpkins frontman Billy Corgan sells Beverly Hills estate for $3.9M
Billy Corgan, North Beverly Drive home (Getty Images/MLS) Smashing Pumpkins frontman Billy Corgan netted a measly profit on the sale of his Beverly Hills pad. The singer sold the property for $3.9...
View ArticleClik here to view.
Compass taps healthcare exec to lead SoCal region
Allison Yazdian and Compass CEO Robert Reffkin Compass tapped a new senior vice president and general manager for its Southern California region, the company said Wednesday. Allison Yazdian will now...
View ArticleClik here to view.
Demand for LA sound stages now far outpacing supply
A building at Hollywood Center Studios and Hudson Pacific Properties CEO Victor Coleman (Credit: Wikipedia, HPP) Studios space has become one of the hottest real estate commodities in town, thanks to...
View ArticleClik here to view.
Photographer Cliff Watts finds buyer for Laurel Canyon home
Woodstock Road home, Cliff Watts (MLS/Getty Images) The Hollywood Hills home of celebrity photographer Cliff Watts has already found a buyer, just two months after hitting the market for $4.5 million....
View ArticleClik here to view.
Trump taps former OneWest CEO Joseph Otting for powerful regulatory position
OneWest Bank headquarters, Donald Trump (Google Maps/Getty Images) Joseph Otting, former CEO of Pasadena-based OneWest Bank, has been nominated by President Trump to be the comptroller of the currency,...
View ArticleTRD‘s top stories: Atlas and Square Mile sell stake in the Row, Mohamid Hadid...
1. Atlas, Square Mile sell pricey stake in the Row: sources 2. With Eastdil Secured in flux, Roy March has become a key player on deals 3. Mohamed Hadid takes plea deal after all in mega-mansion case...
View ArticleClik here to view.
US government joins lawsuit against LA over disabled housing
(Credit: Getty) The federal government is joining a lawsuit against the city of Los Angeles that alleges the city made false promises to secure hundreds of millions in federal funding for providing...
View ArticleClik here to view.
WeWork buys construction tech company
Adam Neumann From TRD New York: WeWork has scooped up a construction tech company to help build out office space for its tenants. The coworking company acquired FieldLens, a software application that...
View ArticleClik here to view.
Crown Realty shops Hollywood office building for more than $30M
6725 Sunset Boulevard (Credit: Loopnet) Irvine-based Crown Realty is shopping a five-story Hollywood office building on W. Sunset Boulevard. Sources said the owner wants a price tag in the “high $30...
View ArticleClik here to view.
Douglas Emmett, QIA nab 9665 Wilshire for roughly $188M: sources
9665 Wilshire (LA Conservancy), Jordan Kaplan (Getty) and QIA’s Sheikh Abdullah bin Mohammad bin Saud Al Thani (Getty) The partnership between Douglas Emmett and Qatar Investment Authority continues...
View ArticleClik here to view.
Kris Humphries sells Beverly Hills estate to Neil Kadisha for $8.3M
Kris Humphries and the home at 9922 Anthony Place (Credit: Getty, The Agency) NBA player Kris Humphries just unloaded his Beverly Hills digs in a slam dunk sale. It sold for $8.25 million — $2 million...
View ArticleClik here to view.
Onetime Hollywood Hills home of Groucho Marx lists for $4.2M
Sunset Plaza Drive home, Groucho Marx (MLS/Getty Images) You bet your life the onetime home of funnyman Groucho Marx is on the market. The home on Sunset Plaza Drive received a Hollywood Regency-style...
View ArticleClik here to view.
A delay, but not a dropout: Alamo Drafthouse plans 2018 opening at the Bloc
Rendering of Alamo Drafthouse (Ratkovich Co.) Updated Friday, June 9, 2017 at 10:10 a.m.: There was a lot of fanfare when developer Ratkovich Co. announced a slew of new tenants for its Downtown Los...
View ArticleClik here to view.
Four Seasons makes moves to compete with Airbnb’s entry into luxury market
From left: Airbnb’s founders Brian Chesky, Joe Gebbia & Nate Blecharczyk and Four Seasons CEO Allen Smith (Credit: Getty Images) From TRD New York: As Airbnb plunges headfirst into the luxury...
View ArticleClik here to view.
What to expect in The Real Deal LA’s summer print issue
Malibu Barbie (via Pintrest) The Real Deal, the number one source for real estate industry news, launched in Los Angeles in January 2016, with our first print edition released that fall. We now have a...
View ArticleTRD‘s top stories: Atlas and Square Mile sell stake in the Row, Douglas...
Current reader favorites: 1. Atlas, Square Mile sell pricey stake in the Row: sources 2. With Eastdil Secured in flux, Roy March has become a key player on deals 3. Douglas Emmett, QIA nab 9665...
View ArticleClik here to view.
Chinese firms in the US worried about Trump, but it won’t impact their...
Bank of China’s CEO Xu Chen From TRD New York: Chinese businesses in the U.S. are concerned the Trump administration could make their lives harder, according to a new survey by the China General...
View ArticleClik here to view.
SaMo city council to vote on Bergamot Arts Center redevelopment
One of the buildings as part of the Bergamot Arts Center (Credit: Wikipedia) Santa Monica City Council will decide next Tuesday whether to proceed with plans for redeveloping the Bergamot Arts Center...
View ArticleClik here to view.
Brookfield bags controlling stake in California Market Center for $440M
California Market Center, Bert Dezzutti (Google Maps/Brookfield) Brookfield Office Properties scooped up a controlling stake in California Market Center, one of L.A.’s biggest apparel showrooms, in a...
View ArticleClik here to view.
CBRE acquires majority stake in Caledon Capital Management
Ritson Ferguson CBRE acquired a majority interest in Toronto-based investment management company Caledon Capital Management, the commercial real estate firm announced Friday. Caledon, which manages...
View Article