Clik here to view.
City analyst wants Lincoln Property Co. to redevelop Lincoln Heights Jail
David Binswanger of Lincoln Property and rendering of Lincoln Heights Jail (Credit: Rios Clementi Hale Studios) In the midst of the competition over who will get to redevelop Lincoln Heights Jail at...
View ArticleClik here to view.
Two spies walk into a Knotel: Co-working company says undercover WeWork...
Adam Neumann and Amol Sarva From TRD New York: Knotel is crying foul at WeWork’s alleged attempts to steal customers and intel. Co-working company Knotel claims rival WeWork sent two spies to seven of...
View ArticleClik here to view.
Ben Affleck and Lindsay Shookus are shopping for an LA manse
Lindsay Shookus and Ben Affleck with the Santa Monica home (Credit: MLS, Getty Images) The weather is finally cooling in Los Angeles and actor Ben Affleck is not about to spend the winter months alone....
View ArticleClik here to view.
Self-storage industry could face head-on impact of driverless cars
Self-driving car with self-storage facility. Photo illustration by Jhila Farzaneh for The Real Deal (Credit: Getty Images) From TRD Miami: Driverless cars and the increasing use of ride-sharing...
View ArticleClik here to view.
Tom Barrack’s Colony Capital backs out of Weinstein Co. deal
Tom Barrack and Harvey Weinstein (Credit: Getty Images) Thomas J. Barrack Jr.’s company, Colony Capital, has decided to withdraw its planned cash infusion to Harvey Weinstein’s struggling Weinstein...
View ArticleClik here to view.
Here’s what Frank Gehry had to say about LA
The Los Angeles River and architect Frank Gehry with Walt Disney Concert Hall and Guggenheim Museum Bilbao (Credit: Getty Images) Los Angeles may be known for Grammy-winning musicians and red-carpet...
View ArticleClik here to view.
Two 400-foot towers could replace Men’s Central Jail
Men’s Central Jail at 441 Bauchet Street and Sheriff Jim McDonnell (Credit: Wikimedia Commons) Two large towers could take shape at the existing Men’s Central Jail at 441 Bauchet Street in Downtown as...
View ArticleClik here to view.
Groucho Marx estate sells to Texas family
Groucho Marx and 1277 sunset plaza drive (Credit: MLS, Getty Images) 1277 sunset plaza drive (Credit: MLS) 1277 sunset plaza drive (Credit: MLS) 1277 sunset plaza drive (Credit: MLS) 1277 sunset plaza...
View ArticleClik here to view.
National Cheat Sheet: Newmark seeks $100M IPO, WeWork bags Lord & Taylor...
Clockwise from top left: Tesla is taking a new space in Los Angeles, Manhattan’s NoMad neighborhood is going to get a super tall building and WeWork is buying Lord & Taylor’s Fifth Avenue flagship....
View ArticleClik here to view.
In LA’s tight industrial market, where’s a tenant to go?
BLT Enterprises’ $33.4 million purchase of 1650 Sunflower Avenue in Costa Mesa was the priciest industrial buy of the second quarter. From the latest issue: The volume of Greater Los Angeles’...
View ArticleClik here to view.
Developer Izek Shomof buys Inglewood hotel for $18M
Izek Shomof with Airport Park View Hotel at 3900 W Century Boulevard in Inglewood (Credit: Google Maps, Getty Images) The stadium hasn’t even been built yet, but Izek Shomof may have scored a touchdown...
View ArticleClik here to view.
84% of LA renters won’t lease your place if it doesn’t come with parking: report
Photo Illustration by Jhila Farzaneh for The Real Deal (Credit: Getty Images) In a city where the majority of people have never taken public transportation, it should come as no surprise to landlords...
View ArticleClik here to view.
Fee war between private equity firms and pension funds is heating up
From TRD New York: The country’s big public pension plans are increasingly unhappy about the high fees fund managers charge them. The question is: do they have any viable alternatives? “With...
View ArticleWATCH: Ryan Serhant on his career trajectory, walking away from sellers & more
From TRD New York: Ryan Serhant’s first day as a real estate broker was a momentous one. It was Sept. 15, 2008, the day that Lehman Brothers collapsed. “Everyone was in the conference room, watching...
View ArticleClik here to view.
This boutique hotelier will expand in Westwood and Culver City
Rendering of Palihotel Culver City with Avi Brosh (Credit: Palihouse, Getty Images) UPDATED, October 27, 2017, 2:45 p.m: Did someone order a double for Palihotel? The boutique hotel chain is planning...
View ArticleClik here to view.
It’s taking LA luxury homes twice as long to sell: report
Photo illustration (Credit: Getty Images) Despite record-setting spec mansion listings, it appears that buyers in L.A.’s luxury market have pumped the brakes a bit. Luxury homes are sitting nearly...
View ArticleClik here to view.
Breaking: Attractive brokers sell more resi real estate
(Credit: Disney) From TRD New York: A study just confirmed what everybody already knew: that attractive residential brokers make more sales. In an industry known for blowouts and stilettos, a study...
View ArticleClik here to view.
This week in celebrity real estate: Kim K and Kris Jenner snag matching...
Photo Illustration (MLS/Getty Images) Despite record-setting temperatures and a heat wave strong enough to keep most inside, celebrities remained active on the real estate front this week with...
View ArticleClik here to view.
Douglas Elliman and Roy Kim part ways
From left: Susan de Franca, Howard Lorber (credit: Getty Images) and Roy Kim From TRD New York: Douglas Elliman and chief creative officer Roy Kim are going their separate ways amid increasing...
View ArticleClik here to view.
As San Diego’s resi prices go up, buyers move farther out
Westfield’s $200 million, 300-unit development in University City is due to be completed in 2019. From the latest issue: As San Diego’s residential prices go up, up, up, buyers are going farther out,...
View Article