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Current reader favorites: 1. How rent in Los Angeles stacks up against Orange County, San Francisco 2. Shake Shack to open in Westfield’s Century City mall 3. Watermark sells Koreatown rental complex...
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Fred Segal’s Melrose store sells for $43M
The Fred Segal store Fred Segal’s iconic Melrose Avenue store has been sold for $43 million to CormackHill, a Canadian retail investment firm, the L.A. Business Journal reported. It’s the first time...
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Judge plans to let plaintiff in Trump University suit withdraw
Donald Trump (Credit: Donald Trump campaign) From the New York site: There is a real possibility that one of the three lawsuits against Trump University may go to trial while the Donald is campaigning...
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The Wrap: Ricky Strauss lists Hancock Park pad for $6.75M, City Council...
Ricky Strauss’ Hancock Park pad 1. Ricky Strauss wants $6.75M for his Hancock Park Tudor mansion [Variety] 2. The real story behind that cringe-worthy divorce-themed listing video [THR] 3. L.A. City...
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Scott Hunter of HKS on designing the Los Angeles Rams’ Inglewood stadium
Scott Hunter and a rendering of the Inglewood Stadium (credit: HKS) Dallas-based architecture firm HKS is conceptualizing two of L.A.’s buzziest projects, and they couldn’t be more different: the Ram’s...
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Coldwell Banker is closing its Sunset Strip office
The Sunset Strip in West Hollywood Coldwell Banker is shuttering its residential Sunset Strip office at 9000 West Sunset Boulevard in West Hollywood, The Real Deal has exclusively learned. There were...
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Submarket Snapshot: Single-family homes in Silver Lake
A property listed at 2445 Riverside Place in Silver Lake (credit: the Agency) There were 29 single-family residences sold in Silver Lake in the fourth quarter for an average sale price of $1.32...
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Current reader favorites: 1. Saudi prince sued by landlord for allegedly trashing his pricey Hollywood Hills rental 2. Venice church rented by Andrew Keegan’s spiritual organization lists for $6.5M...
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Eretz nabs Pico Gateway Apartments for $22.4M
8525 W. Pico Blvd Eretz Properties, a Los Angeles-based investment firm, has acquired the Pico Gateway Apartments in the Pico-Robertson neighborhood for $22.4 million, or $574,359 per apartment. The...
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Montana Avenue Capital Partners pays $25.5M for Torrance office complex
Torrance Pointe Santa Monica-based real estate investment company Montana Avenue Capital Partners has forked out $25.5 million for a three-building office campus known as Torrance Pointe, at Torrance...
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Special Report: Inside the title insurance cartel
Illustration by Dominic Bugatto for The Real Deal TRD Special Reportfrom the New York website: On December 10, 2013, regulators summoned the nation’s biggest title insurance firms to 1 State Street....
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Cost of living showdown: LA vs. San Francisco
(Credit: JLL research) Rent growth in Los Angeles continues to outpace California, but that doesn’t mean it’s inching up on San Francisco. In fact, the cost of living is higher in the tech capital by...
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Facebook in advanced talks for new office at 225 PAS: sources
Mark Zuckerberg and renderings of 225 Park Avenue South From the New York website: Wow! 225 Park Avenue South. Haha! It’s a good thing Facebook recently launched Reactions, because now it has options...
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The Wrap: John Cusack lists Malibu pad for $13.5M, LA’s most expensive rental...
The home John Cusack is selling in Malibu (credit: 4 Malibu Real Estate) 1. John Cusack lists Malibu ocean front [Variety] 2. Here’s the most expensive rental neighborhood in L.A. [L.A. Weekly] 3....
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Submarket Snapshot: Single-family homes in Hollywood Hills East
A house listed by the Agency at 6311 Heather Drive in the Hollywood Hills There were 27 single-family residences that traded hands in the fourth quarter in Hollywood Hills East, according to a report...
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Submarket Snapshot: Condos in Hollywood
Penthouse 12C at the W Hollywood Condo prices in Hollywood proper, excluding the hills, seem to be on the rise. In the fourth quarter, 20 condos sold for an average price of $754,750, according to a...
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Current reader favorites: 1. The Altman brothers on foreign buyers, Kardashians 2. Special Report: Inside the title insurance cartel 3. Scott Hunter of HKS on designing the Inglewood NFL stadium 4....
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Lexham Realty files plans for 13-story apartment building in Burbank
115 North Screenland Drive (credit: Roger Ferris + Partners) The Burbank skyline may have a new addition. Connecticut-based firm Lexham Realty is waiting on city approval for a 13-story residential...
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Supermodel Janice Dickinson lists Beverly Hills home for $2M
Janice Dickinson’s property at 1909 Benedict Canyon Drive (credit: Sotheby’s International Realty) Supermodel-cum-reality television staple Janice Dickinson is selling her Beverly Hills home, asking...
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Who owns Anbang?
The Waldorf Astoria hotel and Wu Xiaohui From the New York site: Anbang Insurance Group has burst onto the world stage in the last two years, making splashy, high-dollar purchases, but much about the...
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