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We’re one month away from TRD’s California real estate event — buy your...
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, featuring some of the biggest names in...
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Retired NBA player Joe Dumars leases penthouse at Legacy Beverly Hills
Joe Dumars, Lee Mintz and the Legacy Beverly Hills (Partners Trust/Legacy Beverly Hills) Retired professional basketball player Joe Dumars signed a deal to lease a penthouse at Legacy Beverly Hills, a...
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The first entirely remote mortgage closing just happened
Welcome to the brave new world of online borrowing. For the first time ever, a U.S. family closed a mortgage remotely using only electronic signatures. The closing for a $290,000, 30-year mortgage on...
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Huntley Hotel in Santa Monica faces $310K fine for campaign donations aimed...
The Huntley Hotel and its rival Fairmont Miramar Hotel (credit: The Huntley Hotel, Google Maps) The Huntley Hotel, which sits blocks away from the Santa Monica coastline, might be one of the neighbors...
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LinkedIn report shows New Yorkers are fleeing to LA
(Credit: Lexi Pilgrim) In the rivalry between New York and California, the Golden State appears to have taken the lead. An August workforce report by LinkedIn shows that significantly more New Yorkers...
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Welcome to the neighborhood: Blackstone, Starwood merger to create nation’s...
Jonathan Gray and Barry Sternlicht (Credit: Getty Images) From TRD New York: Blackstone Group and Starwood Capital group will merge their single-family rental businesses, creating a new landlord of...
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City Council okays R.D. Olson’s Sunset Boulevard hotel plans
R.D.Olson’s CEO Robert Olson and renderings of the hotel (credit: Los Angeles Department of City Planning) The Los Angeles City Council green-lighted a plan to replace a run-down Jack in the Box on...
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Baywatch co-creator lists beachfront Malibu pad for $8.9M
Gregory Bonann and his Las Flores Beach home (Chad King) Gregory Bonann, co-creator of “Baywatch,” is taking his eyes off the ocean. The T.V. producer and longtime Los Angeles lifeguard listed his...
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Malibu Colony, LA County’s most expensive neighborhood, has a $16M median...
Malibu Colony Beach now is the most expensive neighborhood according to data over the past six months (credit: Getty Images) Miley Cyrus may not be the only one thinking the sky is more blue in Malibu....
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Colony Capital’s Tom Barrack in running to become ambassador to Mexico
Thomas Barrack (credit: Getty) From TRD New York: Colony Capital’s Tom Barrack is the front-runner to becoming the U.S. ambassador to Mexico. Barrack, one of President Trump’s lead fundraisers and a...
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Alanis Morissette lists Brentwood home for $5.5M
Alanis Morissette lists her Brentwood home for $5.5 million (credit: The MLS, Getty Images) Alanis Morissette has one hand in her pocket “and the other one is giving a peace sign” to her longtime...
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Tishman Speyer buys SaMo’s Arboretum Courtyard for roughly $140M: sources
From left: Jonathan Gray of Blackstone and Rob Speyer of Tishman Speyer (credit: Equity Office) Douglas Emmett, eat your heart out. Tishman Speyer, a New York City-based real estate investment firm,...
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Secure your spot at The Real Deal’s South Florida real estate event
Click here to buy tickets Mark your calendars, real estate pros — The Real Deal’s fourth annual South Florida Real Estate Showcase and Forum is going down Oct. 26 at Soho Studios in Wynwood! Last fall...
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Hotel union charges Anbang with unfair labor practices
Anbang’s mysterious ownership (credit: Anbang Insurance Group) U.S. labor union Unite Here filed unfair labor practices charges against Anbang with the National Labor Relations Board on Wednesday,...
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Bascom sells 63-unit apartment complex in Glendale for $20M
The 63-unit apartment complex named 1001 Melrose on 303 W Glenoaks Blvd. (credit: Google Maps) It’s nowhere near Melrose Place, but it’s got the moniker. Private equity firm Bascom Group sold its...
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Housing stock for sale nationwide slumps to a 20-year low: Realtor.com survey
Homes From TRD Miami: A new survey by Realtor.com reveals that residential housing inventory for sale has hit a 20-year low. Baby boomers, content with their homes, don’t seem to be putting their...
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Fun with funiculars: Cali homeowners are shelling out up to $250k for incline...
Incline elevator at Malibu home of Marcus Nispel (MLS) Funiculars are on the rise across the country, thanks to the increasing popularity of waterfront, cliffside homes and an aging buyer pool. More...
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Construction starts plummeted in the first half of 2017
Construction at Hudson Yards (credit: Jill Noonan) From TRD New York: If it seems like there are fewer cranes on the skyline these days, it’s probably because fewer construction projects are rising....
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Related (finally) files for construction permits for massive Grand Avenue...
Rendering of Grand Avenue Project (Los Angeles County) Developer Related Companies and partner CORE, a subsidiary of China Communications Construction Company, are finally taking steps toward breaking...
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Lithia Motors buys 8 Downtown Los Angeles Auto Group dealerships for roughly...
Lithia CEO Bryan DeBoer(credit: Soredi) and the Downtown Mercedes dealership Oregon-based auto giant Lithia Motors closed this week on a deal to buy Downtown Los Angeles Auto Group. The acquisition...
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