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French singer drops price of Malibu pad
French singer Sébastien Izambard (credit: The MLS, Getty Images) French singer and composer Sébastien Izambard of the pop-opera quartet Il Divo is opting for a lower note this time. The musician...
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Lawmakers amend housing bills to gain more support
(credit: Getty Images) A package of Senate bills, which could greatly impact the real estate industry, still haven’t found a permanent home. Lawmakers updated the housing package on Friday when it...
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Wanda publishes photos of chairman in Hong Kong to dispel rumors
Wang Jianlin and Tung Chee-hwa From TRD New York: Dalian Wanda Group published photos of its chairman on a visit to Hong Kong, contradicting rumors that the billionaire had been ordered not to leave...
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Owner of stalled Pacific Palisades development files for bankruptcy
Marc Hoffman and the former home on the site at 16815 Bollinger Drive (credit: The Legacy Group, The MLS) Days after the City of Los Angeles revoked its construction permits, the legal entity tied to a...
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Debbie Reynolds’ properties will be up for auction next month
Ranch on North Ryan Road, with Debbie Reynolds (Sotheby’s International Realty, Getty) A ranch home and dance studio belonging to the late singer and actress Debbie Reynolds will be up for grabs at...
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CoStar shelling out $385M for another rental listing website
Andy Florance (Photo by Joanne S. Lawton/Washington Business Journal) From the New York website: New York’s brokerage firms may be no match for StreetEasy and its parent Zillow, but CoStar looks to be...
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Wiseman bringing multifamily project to East Hollywood
Rendering from Uriu & Associates (LA Department of City Planning) Wiseman Residential filed plans to build a 74-unit apartment complex on a vacant lot at the corner of Western and Fountain avenues,...
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The perks and perils for developers who do their own construction
From left: Michael Stern, Jed Walentas and Steve Ross From the New York website: In 1898, Julius Tishman built a six-story tenement building, ultimately sparking the creation of the family’s...
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Internet company takes space at Rising Realty’s West 7 Center
West 7th Center, with Nelson Rising (Rising Realty) Rising Realty Partners closed a new deal at the old Garland Center — the data center portion of which it renamed “West 7 Center.” Internet company...
View ArticleWhy rich people collect passports like it’s nothing
From LLNYC: His Chinese counterpart, however, has a few more steps to take. He (or his secretary) must go to the French embassy in Beijing, wait in line and then — most humiliating of all — ask for...
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Development in LA will decline over next two years: UCLA report
A JJJ demonstration prior to the Nov. 8 vote, when it was approved (Credit: Mike Dennis) As state lawmakers mull over a housing bill package this week, a new report highlights just how important their...
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Almost $40B in CMBS was exposed to Hurricane Irma in Florida: report
Pinellas County Sheriff’s Office From TRD Miami: Just under $40 billion of CMBS debt was exposed to the wrath of Hurricane Irma in Florida, $6.41 billion of which was concentrated in Miami, according...
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Rockwood Capital is shopping El Segundo office
Campus 2100 with Rockwood Capital executive Walter P. Schmidt (KSA Design Studio) The owners of a renovated office complex in El Segundo are looking for investors. Rockwood Capital and its joint...
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“Milkshake” singer is done with the boys in her Glendale yard
Property on Cumberland Road, with Kelis (MLS, Getty) Kelis’ “Milkshake” brought too many boys to her yard and she is now looking for a reprieve. The singer listed her five-bedroom, 3,850-square-foot...
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Half-vacant Hollywood apartment building trades hands
Property at 6565 Fountain Avenue, with Ness Holdings executive Steven Taylor (Marcus & Millichap) Hollywood could be seeing yet another renovation project. NNC Apartment Ventures dropped $10.75...
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“Pretty Little Liars” creator Marlene King lists Hollywood Hills home
Property on N. Kings Road, with Marlene King (MLS/Getty) Maybe “A” was haunting her house. The creator of the TV show of “Pretty Little Liars” has listed her home on N. Kings Road above the Sunset...
View ArticleTOMORROW: The Real Deal’s LA Showcase and Forum!
You can get a day pass to the event, which includes both panels, lunch and coffee breaks, or purchase a ticket for one panel and lunch only. ... [more]
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“Shark Tank” investor Robert Herjavec catches bait for Hollywood Hills home
Robert Herjavec, CEO of Herjavec Group (credit: Douglas Elliman, Robert Herjavec) The shark found his bait. Famed businessman Robert Herjavec found a buyer for his home on Hillside Avenue above the...
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San Diego’s Crack Shack signs Century City lease
Los Angeles’ first Crack Shack will open in Culver City(credit: Westfield Century City Mall) Shake Shack is not going to be the only shack at the Westfield Century City mall. San Diego celebrity chef...
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Follow TRD’s California real estate event on social
We’re less than 24 hours away from The Real Deal’s Southern California Real Estate Showcase and Forum! The event, which is being held at the Bank of America Plaza in Los Angeles, will feature two...
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