Los Angeles is only America’s 18th top tech city
Snapchat’s Venice office (Getty Images) Sure, Silicon Beach is home to trendy companies like Snapchat and Tinder, but Los Angeles as a whole is still lagging behind Silicon Valley and San Francisco...
View ArticleEst4te Four can add 5 stories to Arts District development
Rendering of project at 929 E 2nd Street (Los Angeles Department of City Planning) The city’s planning commission approved Italian developer Est4te Four’s proposal to add five stories to the existing...
View ArticleDeutsche Bank refuses to release info on Trump loans amid DOJ probe
Deutsche’s Jon Cryan, the Trump International Hotel in Washington, D.C. and Donald Trump From TRD New York: Deutsche Bank refused to hand over information on its business dealings with President Trump...
View ArticleJudge denies Shekhter’s motion to dismiss racketeering suit
Neil Shekhter A judge has denied embattled developer Neil Shekhter’s motion to dismiss a lawsuit claiming he violated federal racketeering laws. Shekhter was hit with the 102-page racketeering...
View ArticleThis week in celebrity real estate: Angie joins the Los Feliz block, Kris...
Angelina Jolie and the mansion on De Mille Drive, Billy Corgan and his North Beverly Drive home This week in La La Land, the rich and famous got down and dirty in the real estate trenches. Profits were...
View ArticleNational Real Estate Cheat Sheet: Home flipping loans hit 9-year high, rents...
From TRD New York: Loans for home flipping hit nine-year high Did anyone say bubble? Eight years ago, many bankers would have been worried about the prospect of home-flipping loans approaching the...
View ArticleHarry Warner estate and fictional OJ Simpson home gets $5M price chop
Cuba Gooding Jr. as OJ Simpson and the home on Woodland Drive (Credit: Inset courtesy of 20th Century Fox, Zillow) Even a starring role as O.J. Simpson’s house on “The People vs. O.J. Simpson: American...
View ArticleHome of Andrew Keegan’s spiritual organization now $1.3M cheaper
Andrew Keegan, 305 Rose Ave (Getty Images) The Venice headquarters of Andrew Keegan’s spiritual organization Full Circle is now available for the bargain price of $5.2 million, or just over $830 a...
View ArticlePlan to eliminate car lanes in Playa del Rey causes uproar
Playa del Rey road reconfigurations (11th District) A plan to eliminate car lanes on four Playa del Rey streets to make them safer for cyclists is coming up against stiff opposition. A petition against...
View ArticleWATCH: Steve Witkoff, unplugged: The developer on getting his start, his...
From TRD New York: Before he became one of New York’s biggest developers, Steve Witkoff was a frayed shirt-wearing lawyer billing the very crowd he would later become a part of. “Every day you were...
View ArticleBeverly Hills planning commission to consider 90-unit project on Wilshire
Initial rendering of the project (Credit: Richard Meier Architects) The multifamily project planned for 9200 Wilshire Boulevard could move forward if the Beverly Hills Planning Commission approves its...
View ArticleThe priciest home listings in LA last week
Priciest listings Longtime investment advisor Frank Maiorano is selling his Manhattan Beach home with an asking price of $16.5 million. The Hamptons-style estate was the priciest new home listing in...
View ArticleTRD’s top stories: Roy March’s evolving role at Eastdil, DEI and QIA nab...
Current reader favorites: 1. With Eastdil Secured in flux, Roy March has become a key player on deals 2. Douglas Emmett, QIA nab 9665 Wilshire for roughly $188M: sources 3. Brookfield bags controlling...
View ArticleBel Air estate of late film producer hits market for $40M
Hal Gaba and the home on Antelo View Drive (Credit: Getty, Zillow) The Bel Air estate of late film producer Harold Gaba has hit the market for $39.9 million. Perched on more than five acres of...
View Article“Converting big-box retail into storage — now that’s sexy”
Storage units (Credit: Getty Images) From TRD New York: As the retail market continues to flounder, investors are eyeing vacant brick and mortar stores as possible future storage centers. There are...
View ArticleStorage startup Clutter raises another $64M in VC money
(Credit: Clutter) Los Angeles-based storage start-up Clutter has raised another $64 million in venture capital, bringing its total funding tally to $100 million, the company announced Tuesday....
View ArticleIconic food stand Tail O’ the Pup no longer opening at the Bloc
Tail O’ The Pup hot dog stand on San Vicente Boulevard in 1991 (Getty Images) The iconic Los Angeles hot dog stand Tail O’ the Pup announced last year that it would bring its signature weiners to...
View ArticleReal estate experts rally behind proposed EB-5 legislation
Senator John Cornyn (R-TX) (Getty Images) From TRD Miami: Real estate experts in the EB-5 visa field strongly believe new legislation governing the controversial immigration program that rewards...
View ArticleMovers & Shakers: JLL recruits SVP, Nourmand & Associates hires new agent
From left: Eitan Constine and James McArthur UPDATED, Tuesday, June 13, 5:05 p.m.: JLL’s Capital Markets team poached a new senior vice president from Freddie Mac Multifamily, the brokerage announced....
View ArticleEric Trump Foundation probe casts shadow over HUD
Lynne Patton (top right), Eric Trump and other members of the Eric Trump Foundation (Credit: Defending the USA) From TRD New York: The New York State Attorney General’s investigation into possible...
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