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Rockpoint buys Miracle Mile office from Blackstone
Jonathan Gray of Blackstone, Aric Shalev of Rockpoint Group (credit: Google Maps) Updated, Thursday, September 14, 2017, 8:30 a.m: Rockpoint Group is buying a Miracle Mile building from the Blackstone...
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Fox exec John Entz sells Manhattan Beach home below ask
John Entz is the president of Fox Sports (credit: Fox, Realtor.com) The president of Fox Sports division couldn’t make it to the end zone. John Entz sold his Manhattan Beach pad on Laurel Avenue for...
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Movers & Shakers: Boston Properties poaches JLL exec, Harrison Design...
Jon Lange and Boston Properties’ Colorado Center in Los Angeles (credit: Boston Properties) Boston Properties—the real estate investment trust that owns the Colorado Center in Santa Monica—poached...
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Film producer Mario Kassar nabs Encino home
Mario Kassar’s new estate in Encino (credit: Getty Images, Hilton&Hyland) The producer behind “Terminator 2” just terminated his home search. Carolco Pictures co-founder Mario Kassar spent $4.32...
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High rents caused California to have highest poverty rates in the US: report
Roughly 20 percent of the Los Angeles population struggles with poverty (credit: Getty Images) Turns out the Golden State is lacking in gold. Nearly one in five California residents are facing...
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Meanwhile, in Montecito: Cliff May-designed home seeks $19.5M
Property at 881 San Ysidro Lane (Sean Garrison) A Cliff May-designed, 9,450-square-foot estate at 881 San Ysidro Lane in Montecito is up for grabs, sources told The Real Deal. The property has seven...
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Miami real estate mostly spared from Irma’s fury, industry players say
Downtown Miami and Hurricane Irma (Credit: Lexi Pilgrim for The Real Deal) From TRD Miami: Just days after Hurricane Irma lashed downtown Miami and the neighboring Brickell financial district with...
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Michael Bay’s former manse seeks $45M
Hollywood director Michael Bay’s former Bel Air house on Stradella Road is redeveloped and worth $45 million (Credit: The Agency) After a few “Transformers” came in and renovated Michael Bay’s house,...
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ICYMI: The spec homes arms race is in full swing
Bruce Makowsky’s $250 million home has yet to find a buyer. From the archives: In February, Douglas Elliman broker Tracy Maltas took a client, a local businessman, to see a property in Bel Air. Maltas...
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Traditional retailers have outperformed Amazon so far this month
From left: Macy’s Herald Square, Amazon’s Jeff Bezos and a rendering of NYC’s first Nordstrom Traditional retailers are on track to see their best month in more than a year, even as shares of...
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TRD forum: The state of LA’s luxury market, according to top brokers who live...
From left: Aaron Kirman, Hiten Samtani, Jade Mills, Kofi Nartey, Ben Bacal and Michael Nourmand Angelenos are no stranger to high price tags, but with the Chartwell home listing for a record $350...
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Fashion District could see its first high-rise
Renderings of 7th & Maple (HPA Architecture) After much debate, the Los Angeles Planning Commission approved a proposal for what would be the first high-rise building in Downtown’s Fashion...
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Where did Miami’s real estate players ride out Hurricane Irma?
Hurricane Irma over Miami, and from left, Kobi Karp, Jorge Perez and Gil Dezer From TRD Miami: Most of Miami’s real estate players hightailed it out of town amid mandatory evacuations, joining the mass...
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Cindy Crawford buys Ryan Tedder’s Beverly Hills flip
Property on Loma Vista Drive, with Rande Gerber and Cindy Crawford (MLS/Getty Images) In the land of the slashes — actor/DJ/model/stylist — many celebrities are adding “home flipper” to the mix. Case...
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TRD Forum: CRE leaders on China, DTLA, and what commercial brokers can learn...
From left: Carl Muhlstein, Chris Rising, Hannah Miet, Steve Silk and Beatrice Hsu “The most commonly inconvenient place to meet people in the city is Downtown,” Chris Rising of Rising Realty Partners...
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California’s affordable housing measures pass the Assembly
Senator Toni Atkins with Governor Jerry Brown (Getty) The California Assembly passed a controversial package of housing bills at the eleventh hour Thursday night — a day before the legislative session...
View ArticleProtecting homebuyers from lasting damage from Equifax theft
The catastrophic theft of 143 million consumers’ personal data from national credit bureau Equifax could cause financial grief for years for homebuyers and mortgage applicants. The odds are that some...
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Trump advisor Carla Sands lists Malibu pad for $18M
Carla Sands and her Malibu Mansion (Credit: The MLS, Getty) Carla Sands has had it with the sand. The Vintage Capital executive and U.S. ambassador to Denmark is looking to sell her 7,500-square-foot...
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In need of more than just seed money
It could be a while before New York real estate truly goes green. Last month, the state approved licenses for five medical cannabis providers — doubling the number of such companies operating in New...
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What you missed at The Real Deal’s first LA forum
The Real Deal Los Angeles Showcase (all photos by Adam Southard) What do $350 million homes, reality TV, Chinese capital controls and affordable-housing challenges have in common? They were among the...
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