Clik here to view.
Developers score a win in battle against Malibu’s Measure R
Malibu coastline, Steve Soboroff (Getty Images) Malibu is notorious for taking a hardline approach towards new development, but a court decision on Wednesday gave developers and even Whole Foods a...
View ArticleClik here to view.
Actor Harvey Korman’s Bel Air estate sells for $14M
Stradella Road home, Harvey Norman (Google Maps/Getty Images) When funnyman Harvey Korman wasn’t busy entertaining moviegoers, he was often hosting parties for his celebrity friends at his Bel Air home...
View ArticleClik here to view.
Some mall landlords now making risky investments in tech startups
Macerich Co.’s Westside Pavilion (Macerich Co.) From TRD Miami: Facing an ever-growing threat from e-commerce, mall landlords across the country are trying to counter their falling retail revenues by...
View ArticleTRD‘s top stories: Blackstone’s LA selling spree, listings that linger …& more
Current reader favorites: 1. Everything you need to know about Blackstone’s Los Angeles selling spree 2. Forever the bridesmaid: Are listings that linger doomed? 3. Hasta la vista! Vornado in contract...
View ArticleClik here to view.
Amazon to move into “Gone with the Wind” mansion at Culver Studios: report
Jeff Bezos and the studio mansion at 9336 W. Washington Boulevard (Credit: Jeffisms, Loopnet) Amazon is making moves beyond the grocery business. The e-commerce giant’s TV and film production arm is...
View ArticleClik here to view.
The Wilshire Grand is officially open today. Its architect, Christopher...
Christopher Martin From the archives: Christopher Martin is a dyed-in-the-wool Angeleno. His father and grandfather both had long, productive careers as L.A. architects, and many of his own commissions...
View ArticleClik here to view.
This week in celebrity real estate: Shonda Rhimes buys yet another Hancock...
Shonda Rhimes, her home on Rimpau Boulevard (left) and Lindsey Buckingham’s home in Brentwood It was a relatively quiet week on the celebrity home front as the summer got into full swing. The one...
View ArticleClik here to view.
Caruso taps Cinepolis to revive classic Bay Theatre in Palisades project
Rendering of Bay Theatre, Rick Caruso (Caruso/Getty Images) The classic Bay Theatre, designed by S. Charles Lee in 1948, will be making an encore at developer Rick Caruso’s Palisades Village project on...
View ArticleClik here to view.
John Cushman III on leasing LA’s tallest skyscraper, which opened today
John Cushman III, Wilshire Grand Tower (Cushman & Wakefield/Wilshire Grand Center) From the archives: The career of John Cushman III is about to come full circle. He got his start as a broker at...
View ArticleClik here to view.
Mr. C branded residences in Beverly Hills start at $5M
L to R: Rendering of Mr. C branded residences, Mr. C Beverly Hills (The Agency) Fans of Mr. C Beverly Hills will now have an opportunity to own a slice of the Hollywood-style hotel’s aesthetic. The...
View ArticleClik here to view.
Maxxam Enterprises buys land underneath Encino building for $25M
The site and building at 16311 Ventura Boulevard Maxxam Enterprises recently acquired the 1.3-acre parcel underneath the Class A office building at 16311 Ventura Boulevard for $25 million, or about...
View ArticleClik here to view.
Rexford Industrial acquires Long Beach property from Sares-Regis for $31M
4175 E. Conant Street (Google Maps) Rexford Industrial Realty bought a 141,332-square-foot building near the Long Beach Airport for $30.6 million, the company announced this week. The REIT paid the...
View ArticleTRD‘s top stories: Blackstone’s LA selling spree, Amazon’s big move …& more
Current reader favorites: 1. Everything you need to know about Blackstone’s Los Angeles selling spree 2. Amazon to move into “Gone with the Wind” mansion at Culver Studios: report 3. Forever the...
View ArticleClik here to view.
Some brokerages want the Elliman poaching case to set a precedent. Here’s why...
From TRD New York: In 2015, Lisa Theiss, then a sales manager at Douglas Elliman’s Armonk office in Westchester, began what a lawsuit describes as “sowing the seeds of discontent.” The plan she was...
View ArticleClik here to view.
Brookfield plans 64-story resi tower in Financial District
Rendering of the project at 945 W. 8th Street (Credit: Brookfield via Urbanize) Brookfield Properties, one of the largest office landlords in Downtown Los Angeles, is trying its hand at residential,...
View ArticleClik here to view.
Is the city getting in the way of its own affordable housing goals? One...
Rendering of the project at 7306 Comstock Avenue (Credit: Heritage Housing Partners) Don’t blame the player, blame the game. That’s what Heritage Housing Partners wants you to know about its Whittier...
View ArticleClik here to view.
Ron Burkle’s Yucaipa Companies scores $93M refi for Line Hotel
Ron Burkle and the Line Hotel (credit: Getty Images) Ron Burkle’s Yucaipa Companies has scored $93 million to refinance the Line Hotel, a 384-room project at 3515 Wilshire Boulevard in Koreatown, the...
View ArticleClik here to view.
Sony Pictures’ new CEO buys Manhattan Beach compound for nearly $11M
Tony Vinciquerra and his new home on Ronda Drive (Credit: Getty, Redfin) UPDATED, 3:30 p.m. June 26: When Tony Vinciquerra was named CEO of Sony Pictures last month, he was heralded as the low-key,...
View ArticleClik here to view.
Glendale Unified looks to swap HQ with nearby property
425 E. Colorado St (Google Maps) Glendale Unified wants to swap its headquarters for a building half a mile south at 425 E. Colorado Street. Sam Manoukian of Re/Max Realtor, who represents Glendale...
View ArticleClik here to view.
Jamison refis Ktown office with $70.5M loan from Square Mile
The Wilshire Financial Tower at 3600 Wilshire Boulevard (Credit: 42 Floors) Jamison secured a $70.5 million refinancing package from Square Mile for its 22-story office tower at 3600 Wilshire Boulevard...
View Article