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Demand will outstrip supply in global luxury market: report
Households with with $10M-plus net worth (Credit: Luxury Portfolio Global luxury real estate report) From TRD New York: The world’s population is getting richer, and they want to spend that wealth on...
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ICM Partners exec Carol Goll lists Venice home
Carol Goll and her property on Winward Avenue (Credit: Hilton & Hyland) Carol Goll’s Venice home is up for grabs. The ICM Partners executive listed her newly-built estate on Windward Avenue for...
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The housing boom in China might not last much longer
Housing under construction in China (image via the Chairman’s Boa) From TRD New York: The Chinese housing boom could be coming to an end as stricter lending rules take place and debts come due in the...
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Marmol Radziner-designed SaMo home hits market for $18.5M
Property at 595 East Channel Road (MLS) The firm that designed homes for the likes of Bradley Cooper and designer Tom Ford is seeking a buyer for its Santa Monica project. Marmom Radizner’s latest work...
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Majestic Asset Management buys Corporate Center Calabasas
Corporate Center Calabasas (via Yardi) There’s more Calabasas news — and it doesn’t involve the Kardashians. Majestic Asset Management has purchased the Corporate Center Calabasas, a seven-building...
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Commercial meets residential: a marketing strategy unfolds
Photo illustration by Jhila Farzaneh for The Real Deal. From left: Mauricio Umansky, Behzad Souferian, Jay Luchs, Carl Mühlstein (Credit: the Agency, JLL, LinkedIn) The brokerage world was...
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City planning seeks new ways to punish deceitful developers
(Credit: Getty Images) In the landlords versus tenants match, tenants could be on their way to scoring a major win. City officials are considering adding a “penalty of perjury” clause to the forms...
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Beyoncé sold this Midtown crash pad for just under $10M
One Beacon Court, Beyoncé and Jay-Z (Credit: Corcoran Sunshine and Getty Images) From TRD New York: After shelling out $114 million on estates in Los Angeles and East Hampton this summer, Beyoncé and...
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Netflix exec Ted Sarandos snags second Malibu home for $20M
Ted Sarandos and 33360 Pacific Coast Highway (Credit: MLS, Getty Images) Ted Sarandos is wasting no time solidifying his presence on the Westside. The chief content officer at Netflix dropped a...
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Dalian Wanda bonds downgraded to junk
Wanda Group chairman Wang Jianlin (Credit: Getty Images) From TRD New York: More bad news for Dalian Wanda. S&P Global downgraded the Chinese development giant’s bonds to BB, or junk level, down...
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Keep your eyes peeld for The Real Deal L.A.’s fall issue
The Real Deal Los Angeles‘ fall magazine is set to hit newsstands this October! The upcoming issue is packed with the most important industry news and insider information, including a look inside the...
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Academy Museum revealed in new renderings
The Academy of Motion Picture Arts and Sciences museum rendering (Credit: Renzo Piano Building Workshop, AMPAS) The Academy of Motion Picture Arts and Sciences unveiled new details for its $388-million...
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Model couple sells award-winning Nakahouse in Hollywood Hills
Nakahouse, with sellers Aline Nakashima and Ryan Burns (XTEN Architecture/Getty) Supermodel slash agent Ryan Burns, along with his Brazilian wife Aline Nakashima, are saying “chau” to the Nakahouse....
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Former home of retired LA Clipper Danny Manning hits the market at $21M
Property at 2805 Tennyson Place (Avenue Eye) Basketball lovers can now sleep in the same room Danny Manning once did. For roughly $21 million, that is. The remodeled 6,400-square-foot home at 2805...
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Beverly D’Angelo sells longtime home in Beverly Hills
Property on Coldwater Avenue, with Beverly D’Angelo (MLS/Getty) Beverly D’Angelo can finally “forget about it.” The Hollywood actress sold her former home on Coldwater Avenue in Beverly Hills —...
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Morgan Stanley buys Mesa West
James Gorman of Morgan Stanley (Wikicommons, usa.sae.edu) Morgan Stanley has agreed to buy Los Angeles-based commercial real estate debt fund manager Mesa West Capital, the firm announced on Friday....
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Despite funds and land, homeless housing project in Boyle Heights falls through
Vacant lot on the corner of 1st and Lorena streets (Google Maps) City Council’s Planning and Land Use Management Committee (PLUM) thwarted plans for a 49-unit homeless housing development on the corner...
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Psst, heard about that deal? CompStak to bring its crowdsourcing model to sales
Michael Mandel (Photo illustration by Lexi Pilgrim for The Real Deal) From TRD New York: CompStak, the real estate information firm that shook up the clandestine world of office leasing by introducing...
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Chinese RE investors are still buying despite Beijing’s efforts to stop them
Despite the crackdown, brokers are reporting increasing overseas property deals from Chinese buyers. (Victor Dubreuil, back; Kiwiev/Wikimedia Commons, front) From TRD New York: The deals are smaller,...
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Former Beverly Crest home of Don Cornelius hits market
Don Cornelius and 2939 Beverly Glen Circle (Credit: Redfin, Getty Images) … and you can bet your last money, it’s all gonna be a stone gas, honey! — Don Cornelius, “Soul Train” The former home of “Soul...
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