$18M spec home is being built in Malibu hills
Rendering of 9950 Cotharin Road (Credit: Compass) UPDATED, Friday, October 20, 8:00 a.m.: If you thought the spec home craze was anywhere close to being over, think again. Faisal Al-Hardan, the head of...
View ArticleNational Cheat Sheet: Five top US RE firms are hot investments in Israel,...
Clockwise from left: Related Midwest’s Chicago Site “the 78,” the Bishop mansion in Detroit and 150 Arvida Parkway in Gables Estate, Coral Gables, Florida. US real estate firms recommended to Tel Aviv...
View ArticleIBI recommends US companies in Tel Aviv
Credit: IBI (Click to enlarge) From TRD New York: IBI, an investment firm in Israel, gave a thumbs up to U.S. real estate companies trading on the Tel Aviv bond market, with a few caveats. The company...
View ArticleMusic producer Ross Robinson lists Venice home
Property at Ocean Front Walk, with Ross Robinson (MLS/Getty) Is it “falling away from” him? The producer of Korn’s self-titled record, which had hits like “Freak on a leash” and “Falling away from me,”...
View ArticleThe costs of the new affordable housing laws
Coming to Boyle Heights in Los Angeles in 2020, Abode’s La Veranda will include 77 affordable family homes at 2420 East Cesar E. Chavez Avenue. From the latest issue: When Gov. Jerry Brown put his John...
View ArticleCity seeks bids from contractors to demolish Parker Center
Parker Center at 105 N. Los Angeles Street (Credit: Getty Images) Here comes the wrecking ball. The City of Los Angeles is moving forward with its plans to demolish the Parker Center and has started...
View ArticleSares Regis dropped a whopping $270M for Toyota’s Torrance campus
Toyota North America CEO James Lentz and the Toyota Torrance headquarters (Credit: Toyota, Getty Images) Irvine-based developer Sares Regis Group paid $270 million for Toyota’s former headquarters in...
View ArticleThe little trick WeWork’s Adam Neumann uses to charm investors
Adam Neumann, Jared Kushner and WeWork in Philadelphia (Credit: Getty Images and WeWork) From TRD New York: Before WeWork CEO Adam Neumann invites investors to his Chelsea headquarters, he sometimes...
View ArticleRyan Kavanaugh loses nearly half a million on Brentwood home
Ryan Kavanaugh and the property at 137 North Woodburn Drive in Brentwood (Credit: MLS, Redfin) Ryan Kavanaugh can’t catch a break. The former Relativity Media executive lost money on his Brentwood...
View ArticleFacebook inks lease at Harman Campus in San Fernando Valley: sources
Rendering of The Mix at Harman Campus with Mark Zuckerberg (Credit: CBRE) Facebook has made a major bet on Los Angeles County’s San Fernando Valley. The Menlo Park-based social networking giant signed...
View ArticleIs sharing the cost — and profits — of a home a winning strategy for L.A.’s...
(Illustration by Brian Stauffer) From the latest issue: As brokers and homebuyers well know, 20 percent is the magic number when it comes to getting financing for a home. Being able to make a 20...
View ArticleShop around for title insurance
A recent legal settlement between the federal government and a title insurance agency is drawing fresh attention to one of the murkiest, least understood and costly items you get charged for in a real...
View ArticleThis week in celebrity real estate: Former Sid Bernstein home seeks a buyer,...
From left: Tamar Braxton, Sid Bernstein, Katy Perry (Credit: Getty Images) Celebrities took time off from their busy schedules this week to make headlines in the real estate world. They might’ve also...
View Article9460 Wilshire in Beverly Hills triangle hits the market
9460 Wilshire (Credit: Cushman & Wakefield) The Union Bank of California Building, a Beverly Hills office trophy that has not traded hands for more than 40 years, hit the market last month, with...
View ArticleTesla charges into Marina del Rey’s Omnicom building: sources
Tesla Model S and Elon Musk at 4755 Alla Road in Marina Del Rey (Credit: Tesla, Getty, Commercial Cafe) Tesla is expanding in Los Angeles — fittingly, to a location right next to the freeway. The...
View ArticleNational housing shortage may be the first sign of a downturn
Did someone say downturn? (Pixabay) From TRD New York: With annual existing home sales declining for the first time since July 2016, the numbers indicate a chronic shortage of for-sale homes, according...
View ArticleKennedy Wilson changes its mind, re-absorbs European division
Kennedy Wilson Headquarters in Beverly Hills (Credit: Kennedy Wilson) Kennedy Wilson Holdings, a Beverly Hills-based real estate investment firm, is patching it up with an old friend. The company...
View ArticleLease rates — and vacancy — rise in LA as new construction delivers
The Wilshire Grand Center and Petra Durnin of CBRE (Credit: The Wilshire Grand, CBRE) As new, high-end office buildings hit the market in the third quarter, lease rates in Los Angeles County rose to...
View ArticleAmerica’s ‘safest’ home hits the market
(Pixabay) From TRD New York: A 30-minute drive from Atlanta, the Rice House has all the amenities you’d expect from an eight-bedroom mansion: a bowling alley, infinity pool, wine cellar and indoor...
View ArticleThese are the top commercial brokerages in the San Fernando Valley
A number of offi ce tenants are attracted to the Valley’s inexpensive rates, which at an average of $2.50 per square foot are a deal compared to $4.75 per square foot in West L.A. From the latest...
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