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The Real Deal tops Quantcast’s list of websites with the wealthiest audience
Real estate is known to be a lucrative game, but readers of The Real Deal are a particularly well-heeled bunch. According to a new analysis by Quantcast of the top 500 “quantified” websites in the...
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This week in celebrity real estate: David Geffen leaves Malibu, Kylie Jenner...
David Geffen, Carbon Beach cottage, Kylie Jenner, Calabasas home (Getty Images/MLS) If everybody had an ocean across the U.S.A. then everybody’d be surfin… unless your name is David Geffen. Unlike the...
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Hot damn! Redfin’s stock skyrockets 45% on Nasdaq debut
Glenn Kelman (credit: Nasdaq) Like buyers locked in a bidding war, Redfin investors boosted the online brokerage’s stock price a whopping 45 percent on Friday — its first day as a public company. Ahead...
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Who would be a retail broker right now?
From TRD New York: No deal is too small for Max Swerdloff, a retail broker at Eastern Consolidated. He trawls social media and the web for the latest food trends, and reaches out to fashion e-tailers...
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Douglas Elliman to acquire Teles Properties
Peter Loewy, Howard Lorber, Stephen Kotler (Teles Properties/Douglas Elliman) Douglas Elliman is acquiring Beverly Hills-based Teles Properties, a move that will add over 500 agents and 20 offices to...
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Quiet no more: Huizar speaks out against anti-gentrification protests after...
Espresso machine (Getty Images) A second act of vandalism at Weird Wave Coffee in Boyle Heights — part of ongoing anti-gentrification protests in the area — stirred up Los Angeles City Council member...
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Paydirt: China is trying to neuter its gray rhinos — what will that mean for...
Chinese government efforts to curb gray rhinos could play a big role in Manhattan’s trophy market (Photo illustration by Lexi Pilgrim for The Real Deal) From TRD New York: The best-laid plans of mice...
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Priciest home listings in LA last week
Priciest listings (MLS) Leave it the well-heeled to dream up homes recalling days of excess. Three of the priciest listings last week drew influence from bygone eras. The priciest pad, asking $22.5...
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Cash influx ahead: LA to host 2028 Olympics
Los Angeles will host 2028 Olympics (credit: Getty Images) The Olympic flame will light up Los Angeles in 2028. Paris and L.A. had been the final contenders to host the games in 2024, but in mid-July,...
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LA residential sales activity jumps 25%
Number of sales in Greater Los Angeles, primarily Westside and Downtown (Data source: Douglas Elliman 2Q2017 Report, Data visualization: Naiwen Tian) Falling inventory and a willingness on the part of...
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Sam Nazarian and “Real Housewives” star Paul Kemsley list Beverly Hills villa...
From top: Sam Nazarian and Paul Kemsley (credit: The MLS, Getty Images) The party’s almost over at the Beverly Hills home of nightlife impresario Sam Nazarian. The only guest still lingering by the bar...
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Caffe Primo CEO, charged with EB-5 fraud, scraps LA expansion plans
Caffe Primo on Flower Street in Downtown Los Angeles (credit: Google Maps) Fans of the local food chain Caffe Primo have been fed a lot of false promises — and, allegedly, so were its EB-5 investors....
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Edward Norton drops $11.8M on John Lautner-designed Malibu Colony house
Edward Norton’s new home in the Malibu Colony (credit: The MLS, Getty Images) The first rule of Fight Club is…buy below ask? “Fight Club” star Edward Norton snagged a second home in Malibu Colony for...
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Dalian Wanda, under pressure to pay off debt, is rapidly shedding real estate
Founder and chairman of Dalian Wanda Group, Wang Jianlin (credit: Getty Images, Wanda) Things were looking rosy for Dalian Wanda Group just a year ago, as the Chinese mega-company expanded its presence...
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TRD New York‘s August issue is live!
From TRD New York: After the recession, New York City developers rushed to plan buildings to feed buyers’ insatiable appetite for new condominiums. Between 2013 and 2015, it seemed like demand was...
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LA Chargers Antonio Gates scores Encino home for $7M
Hayvenhurst Drive home, Antonio Gates (MLS/Getty Images) Los Angeles Chargers tight end Antonio Gates just gained some yardage. The veteran football player and his wife, Sasha Gates, who’s a cast...
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ReyLenn Properties planning 248-unit apartment project in Torrance
Butcher-Solana Residential Project site in Torrance (credit: Google Maps) ReyLenn Properties is inching closer to its proposed 248-unit apartment complex in Torrance, following the release of its...
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It’s not Zillow that Redfin’s gunning for
Zillow’s Spencer Rascoff and Redfin’s Glenn Kelman From TRD New York: The CEO of Redfin, which made its Wall Street debut last week, says its biggest rival isn’t real estate tech giant Zillow. “It’s...
View ArticleIndustrial landlords’ wonderland: LA rents rise 8.2% as e-commerce elbows in
We want it, and we want it now. That’s the consumer philosophy that keeps L.A.’s industrial vacancy low, while third-party logistics, e-commerce and delivery services gobble up space — including...
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Downzone much? San Gabriel proposes 14 regulations to curb mansionization
City of San Gabriel is trying to prevent the so-called “mansionization” (credit: Google Maps) Trying to add another story to your house in San Gabriel? You may be out of luck. The city proposed 14...
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