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Silicon Beach techies are moving further inland to Brentwood
Evan Spiegel and Elon Musk in Brentwood (Credit: Getty Images) So long to the hippies in Venice and the tourists in Santa Monica — Silicon Beach elites are now opting for family-friendly Brentwood. The...
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The anti-Airbnb movement has a new poster boy: Paul Manafort
Paul Manafort and 29 Howard Street (Credit: Getty Images and Google Maps) From TRD New York: State and city lawmakers who have Airbnb in their cross hairs are taking an interest in the indictment of...
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Winter is coming — and so is The Real Deal South Florida’s December issue!
From TRD South Florida: Just like the holidays, The Real Deal South Florida’s winter issue is right around the corner! A must read for anyone in the industry, the magazine is packed with the most...
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Can’t afford a luxury condo? Well, maybe your office will at least look like one
The GM Building and a luxury unit in One57 From TRD New York: It’s not enough for an office to just have a decent microwave and coffee maker anymore. Landlords are now using luxury condos as...
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Inglewood exploring new development plan
Rendering of the Crenshaw/LAX transit project (Credit: Metro) As the city prepares to welcome its first football stadium — and loads of visitors — Inglewood officials are looking for a head start on...
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Banks are far more exposed to risky real estate loans than you think — thanks...
Private debt funds are often just bank money in disguise From TRD New York: UPDATED, Nov. 6, 4:47 p.m.: Last February, Slate Property Group and GreenOak Real Estate landed a $285 million loan from the...
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Metrolink inks deal for 30K sf at Wilshire Grand
The Wilshire Grand (Credit: Wilshire Grand) Metrolink is officially stopping at the Wilshire Grand. The commuter rail system has signed a 15-year, 30,000-square-foot lease occupying the entire 15th...
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Paul McClean-designed spec home in Hollywood Hills seeks $40M
The Paul McClean-designed newly developed home at 1415 Devlin Drive in Hollywood Hills The Paul McClean-designed newly developed home at 1415 Devlin Drive in Hollywood Hills The Paul McClean-designed...
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Developer seeks TOC incentives for 36-unit apartment complex in Westlake
226 North Lake Street in Westlake (Credit: Google Maps) Just last month, the Transit Oriented Communities incentives package went into effect in hopes of enticing developers to build near transit hubs....
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Brookfield in talks to take over GGP
From left: Ric Clark, Sandeep Mathrani and 685 Fifth Avenue (Credit: Getty Images and Thor Equities) From TRD New York: Brookfield Asset Management is in early talks to buy General Growth Properties...
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The fate of a historic DTLA theater is in the hands of a yet-to-launch...
Million Dollar Theatre in Los Angeles (Credit: Los Angeles Historic Theatre Foundation) Last week, news about the sale of Grand Central Market to a Beverly Hills private investor made headlines....
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Bel Air spec manse on Della Reese’s former lot trades for $19M
The mega-mansion at 1910 Bel Air (credit: Ernie Carswell & Partners) One might say the land was “Touched by an Angel.” A self-made Chinese billionaire paid $19.25 million for the 11,800-square-foot...
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“Bones” actor John Francis Daley nabs Encino estate
John Francis Daly and his estate at 4634 Libbit Avenue in Encino (Credit: Getty Images, Zillow) John Francis Dalys estate at 4634 Libbit Avenue in Encino (Credit: Zillow) John Francis Dalys estate at...
View ArticleCompass raises $100M in new funding round, hits $1.8B valuation
From TRD New York: Compass is now valued at $1.8 billion after its latest cash infusion: a $100 million Series E that will go toward a massive geographic expansion. Investors in the round included...
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It’s official: City Council taps Lincoln Property Co. for Lincoln Heights...
Rendering of the winning proposal for the Lincoln Heights Jail redevelopment project (Credit: Rios Clementi Hale Studios) And the winner is…Lincoln Property Company. The company emerged victorious in...
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This City council member wants to give the Playboy Mansion landmark status
Los Angeles City Councilman Paul Koretz and Playboy Mansion (Credit: Getty Images) The fight to preserve the historic Playboy Mansion has officially begun, and its first contender is not who you would...
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Douglas Elliman’s profitability falls over 50% with fewer new dev closings
Clockwise from left: 125 Greenwich Street, Madison Square Park Tower, 1 Seaport and Howard Lorber (Credit: Douglas Elliman and Getty Images) From TRD New York: Douglas Elliman’s sales volume rose...
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Starwood paid $605M for the Pacific Corporate Towers
Pacific Corporate Towers (Credit: PCT) Starwood Capital Group paid $605.5 million for the three-building complex known as Pacific Corporate Towers in El Segundo, CoStar reported. TRD broke the news...
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Key takeaways from The Real Deal’s Shanghai event
The Real Deal’s Shanghai showcase and forum From TRD New York: “The United States is still the United States,” former New York governor George Pataki said at The Real Deal’s last U.S. real estate...
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Billionaire real estate mogul Geoff Palmer likes to keep some of his assets...
Geoff Palmer (Credit: Getty Images) What do the Koch brothers, Vegas extraordinaire Steve Wynn and Angeleno Geoff Palmer have in common? Besides billions and a knack for helping Republican candidates,...
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