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Pasadena’s only Case Study House hits the market
Home on San Rafael Avenue (Zillow) Architecture fanatics have a new reason to move to Pasadena. The famous Case Study House No. 10 on San Rafael Avenue has hit the market for $2.99 million, Curbed...
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Douglas Elliman opens new Malibu office — but the management structure is...
Douglas Elliman office in Malibu, with Stephen Kotler and Peter Hernandez (Douglas Elliman, Steve Magner, Getty) Douglas Elliman’s new Malibu office at 22333 Pacific Coast Highway officially opened...
View ArticleInternational students are ditching dorms for luxury condos
From TRD Miami: Enrollment of international students in American universities spiked 7.1 percent in the 2015-2016 academic year, according to a recent report. And where will their families stay during...
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Redfin revenue jumps 35% in Q2 – but company expects to lose money this year
Glenn Kelman of Redfin. The company expects to lose money in 2017. Redfin, the residential brokerage that went public this summer in a closely-watched IPO, reported year-over-year revenue growth of 35...
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Millennium Partners thinks CEQA is a drag
Rendering of Millennium Hollywood (Handel Architects) Millennium Partners must have heard about Inglewood’s recent attempts to avoid the California Environmental Quality Act (CEQA). The developer of...
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Quest Nutrition is closing two industrial sites totaling 479K sf
Quest Nutrition’s City of Industry facility (Google Maps) Quest Nutrition, the El Segundo-based protein bar-maker, will shutter two of its manufacturing facilities in Los Angeles and lay off 524...
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“Modern Family” co-creator’s home sale sets a Santa Monica record
Home on Google Earth, with Steven Levitan (Google Earth/Getty) The entire cast of “Modern Family” could fit in a home which just sold for a record-breaking price. The property on Woodacres Road, which...
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Movers & Shakers: HGA gets new VP, Meta Housing promotes within … and more
Meta Housing’s Aaron Mandel (left) and Chris Maffris (right) HGA Architects and Engineers has poached Robert Cull from HOK, where he served as a senior vice president and managing principal. He is now...
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Chris Rising, Carl Muhlstein and more to talk about L.A.’s commercial market...
Clockwise, from top left: Steve Silk, Carl Muhlstein, Ben Bacal, Aaron Kirman, Mauricio Umansky, Beatrice Hsu, Michael Nourmand, Kofi Nartey, Jade Mills and Chris Rising We’re less than a week away...
View ArticleHNA exec: We have “nothing to hide”
From TRD New York: HNA Group’s chief investment officer said the company has “nothing to hide” when asked about the firm’s complex ownership structure. At a conference in Hong Kong Friday hosted by the...
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Scandal producer buys her Bel Air neighbor’s home
Bellagio Terrace home, Betsy Beers (MLS/Getty Images) “Scandal” producer Betsy Beers has it handled. After purchasing a five-bedroom Bel Air home in 2015, she recently picked up the house next door for...
View ArticleHow loyal is LeFrak?
From TRD New York: The typically genial real estate developer Richard LeFrak seemed downcast as he sat for an interview in his West 57th Street office early last month. He rubbed his face and grumbled...
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Just days after closing Calabasas office, John Aaroe retires
John Aaroe announced he’s retiring (John Aaroe Group/Getty/Creative Commons) Just days after closing his Calabasas office, John Aaroe, founder of the eponymous John Aaroe Group, is retiring from the...
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This week in celebrity real estate: Kendall and Kylie ditch the Hills, Tyler...
Kendall Jenner, Hollywood Hills home, Kylie Jenner, Hidden Hills home (Getty Images/MLS) Celebrities were breaking out the cardboard boxes this week, jumping from one ’hood to another. Kardashian...
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Dubai developer hits LA hotel group with fraud allegations
FIVE Palm Jumeirah Dubai (Viceroy Hotel Group) West Hollywood-based Viceroy Hotel Group is in legal hot water following a lawsuit brought by the owner of a $1 billion luxury hotel in Dubai. Developer...
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“Frasier” actress Peri Gilpin lists Malibu home
Property on the Pacific Coast Highway, and Peri Gilpin (Redfin/Getty) Actress Peri Gilpin and her husband, painter Christian Vincent, have listed their Malibu home above Broad Beach for $3.89 million....
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CIM’s South Park developments cost $800M
A rendering of the project at 888 S Hope St. and Shaul Kuba(credit: CIM Group) Updated, Monday, September 11, 2017, 3:15 p.m.: Developer CIM Group said it spent approximately $800 million on its 888 S....
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National Cheat Sheet: Insurance rates expected to spike nationwide after...
From top: Miami skyline, Amazon offices. From TRD New York: Insurance rates expected to spike nationwide after hurricanes Harvey and Irma In addition to the dramatic flooding in Texas after Hurricane...
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Posh movie theater to replace historic Krikorian Theatres
The current Krikorian Monrovia Cinema 12 (credit: Google Maps) Margs and movies, anyone? Luxury theatre company Studio Movie Grill has taken over the Krikorian Monrovia Cinema 12 & LFX theater in...
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For $250M, would you choose: An NYC penthouse in the sky, an LA megamansion,...
From TRD New York: Let’s say you have about $250 million to invest in real estate, which would you choose? In California, you could have this spectacular spec house overlooking the City of Los Angeles....
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