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Chinese overseas RE investment could nosedive this year: Morgan Stanley
From TRD New York: Chinese overseas real estate investment could fall by 84 percent this year and another 18 percent in 2018 amid a government crackdown on capital outflows, according to a new report...
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After a decades-long battle, Malibu beachgoers can stroll through...
Larry Ellison, one of the most prominent residents of Carbon Beach, and his property at 22466 Pacific Coast Highway From Business Insider: Nicknamed “Billionaire’s Beach” — an homage to the...
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Brentwood home of “Ghost” director Jerry Zucker returns with $1M price chop
Mandeville Canyon Road home, Jerry Zucker (Halton Pardee + Partners/Getty Images) Don’t expect any ghosts to linger inside the longtime Brentwood home of Jerry Zucker. The director of films including...
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New panelists announced for The Real Deal‘s first Los Angeles forum event
Tickets are now on sale for The Real Deal’s first-ever California Real Estate Showcase and Forum on Thursday, Sept. 14! Click to purchase tickets Our two panels will dive into into the city’s...
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Compass joins the list of firms fighting Zillow’s StreetEasy
From left: Susan Daimler, Robert Reffkin, Andrew Heiberger, Hall Willkie, and Elizabeth Stribling From TRD New York: Cue the Hans Zimmer soundtrack – the battle is on. After weeks of protests, threats,...
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Douglas Emmett’s 34-story tower in Brentwood approved by planning officials
Rendering of Landmark Apartments (Los Angeles Department of Planning) Landmark Apartments, the massive apartment tower proposed by developer Douglas Emmett, just got the green light from city...
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Redfin is now worth 2 Blue Aprons. But is trouble cooking?
As of August 2, Redfin’s market cap was more than twice that of Blue Apron’s From TRD New York: Online residential brokerage Redfin’s stock price continued to rise Wednesday, crossing the $31 mark by...
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“Law & Order: SVU” producer asking $4M for Brentwood home
Neal Baer’s distinctive house in Brentwood (credit: Getty Images, Keller Williams) Neal Baer, a veteran TV writer and producer on series such as “Law & Order: Special Victims Unit” and “ER,” is...
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And the beat goes on for broker poaching
(Illustration by Nate Kitch) From New York August Issue: Douglas Elliman won a $5 million battle against rival William Raveis Real Estate in June, but it’s unlikely that this court victory will end the...
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County officials grant Rick Caruso control of three Marina del Rey properties
Caruso is taking control of three parcels at 4499, 4519 and 4451 Admiralty Way in Marina Del Rey (credit: Google Maps) Developer Rick Caruso has long desired to expand his footprint in Marina del Rey,...
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Terasaki Budokan was stalled for decades. Now the Little Tokyo sports center...
Little Tokyo Service Center’s rendering of its future sports facility (credit: LTSC) Little Tokyo residents will soon have a place to exercise in their own neighborhood. Little Tokyo Service Center...
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Joseph Hellen wants to change design of long-stalled Spring Street tower...
A rendering of Spring Street Tower (credit: Asap/Adam Sokol Architecture Practice) Will the third time be a charm for Downtown Los Angeles landlord Joseph Hellen? His firm, Downtown Management, first...
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Shake it Cali! Tupac’s house is a rapper’s delight
Tupac Shakur and his former house From LLNYC: Far from the city of Compton in the posh Woodland Hills section of Los Angeles, a house once owned by the infamous late rapper Tupac Shakur can be yours....
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Kofi Nartey of Compass on the “Sellebrity” business and contracts with...
Kofi Nartey (courtesy of Kofi Nartey) From actor to real estate broker and now – writer? Kofi Nartey got his start as an actor, but the national director of Compass’ sports and entertainment division...
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The quiet financier behind New York’s second-tallest condo project: Qatar
Rendering of 111 West 57th and Sheikh Abdullah Bin Mohammed Bin Saud Al Thani From TRD New York: The most ostentatious projects in Manhattan may reflect the wildest ambitions of local developers, but...
View ArticleTo buy Teles, Elliman will crack open its $102M war chest
From TRD New York: The ink’s not quite dry on Douglas Elliman’s acquisition of Beverly Hills-based Teles Properties — a fast-growing firm that claimed $3.4 billion in revenue last year — but the New...
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Amazon CEO Jeff Bezos picks up neighbor’s Beverly Hills home for $13M
Jeff Bezos (Getty Images) Amazon CEO Jeff Bezos seems to be doing some celebratory shopping following his company’s $13.7 billion acquisition of Whole Foods. He has added a second Beverly Hills home to...
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Auction giant Ten-X to sell to private equity firm for more than $1B
Executive Chairman for Ten-X Jeffrey Frieden From TRD New York: Private equity firm Thomas H. Lee Partners is purchasing the online real estate marketplace Ten-X for more than $1 billion. The company,...
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Pacific Union International to acquire Partners Trust: sources
Mark McLaughlin, CEO-of Pacific Union, and Nick Segal, CEO of Partners Trust (PU, PT) Los Angeles has seen an influx of boutique brokerages enter the market in the past decade, but lately,...
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A 5% rent hike in LA would make 2,000 residents homeless — and it’s likely on...
Homeless encampment in Hollywood (Getty Images) A mere 5 percent rent hike in Los Angeles County would make 2,000 Angelenos homeless, according to a new study by Zillow that highlights the region’s...
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