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Submarket Snapshot: Homes in Holmby Hills in Q1 2016
The wine room in the Holmby Hills spec house at 301 North Carolwood Drive (credit: Everett Fenton Gidley) Holmby Hills’ single-family homes market saw upward momentum in the first quarter, according to...
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Current reader favorites: 1. Granite Properties buying Glendale office for $142M 2. Report claims LA rent is actually decreasing 3. 10 of the biggest proposed developments in LA County 4. A first look...
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City Council votes to limit construction of McMansions in Old Granada Hills
Homes in Old Granada Hills (credit: Google Earth) Bigger isn’t always better when it comes to McMansions. The L.A. City Council approved an ordinance Wednesday limiting the size of new homes in Old...
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Riza Aziz allegedly used money stolen from Malaysian state fund to buy...
Riza Aziz and the Beverly Hills mansion An 11,000-square-foot walled Beverly Hills mansion may have bought with money misappropriated from the 1Malaysia Development Bhd fund, a state fund created in...
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French firm Agence Ter chosen to redesign Pershing Square
Rendering of Agence Ter’s design Angelenos, get ready for a whole new Pershing Square. French landscaping firm Agence Ter, one of the 50 companies who submitted to an international design competition...
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“Magic Mike” writer sells Hollywood Hills house for $3 million
Reid Carolin and his house at 2150 Hollyridge Drive It doesn’t come with a stripper pole. Or if it does, it’s not in the listing. But Reid Carolin, the writer who penned male-stripper movies “Magic...
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Plans for new Westlake hotel submitted to City Planning
The Hollywood Express Inn South, owned by AJ Patel, who is planning another Westlake hotel (Credit: Hollywood Express Inn South) Hipster tourists may soon have a new lodging option. Plans submitted to...
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LA named one of the least affordable housing markets in yet another study
A $150 million home at 301 North Carolwood Drive in L.A. (credit: Simon Berlyn) L.A. was one of the most unaffordable housing markets in the country in the first quarter of 2016, according to a study...
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CBRE employees at Rick Caruso’s Masonic Temple can soon eat Eggslut
Eggslut’s signature dish, called “slut” (credit: Eggslut) First there was the announcement that New York’s Shake Shack was opening in Glendale. Now it’s DTLA’s Eggslut, the Grand Central Central market...
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Condo spree: Jamison plans another project near Koreatown with 228 units
From left: Jaime Lee of Jamison Services (credit: USC), The Wilshire side of the proposed development at 3986 Wilshire Boulevard (via CoStar) Developer Jamison Services, long known as one of L.A.’s...
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Current reader favorites: 1. Starwood shopping Woodland Hills complex for $190M 2. The plot thickens in the Da Vinci apartment arson case 3. 10 of the biggest proposed developments in LA County 4....
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Pacific Palisades home of late TV exec on market for $42M
Kings’ home at 1690 San Remo Drive Forget infinity pools — try an infinity hot tub. The Pacific Palisades home of late television executive Michael King has hit the market for $42 million, complete...
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Luxury sales down in core global cities but on the rise in emerging markets
A $7.15 million listing in Wilson, Wyo. (credit: Sotheby’s) From the New York site: Are Jackson Hole and Auckland the new London and New York? A new Christie’s International Real Estate survey shows...
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UCLA will build a $31M art studio
Leavin and the old studio at 8535 Warner Drive UCLA is getting a new art studio. Thanks to a generous donation from art dealer Margo Leavin, the school is planning to build a 75,000-square-foot studio...
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Engine buys mixed-use building in Echo Park for $4.7M
David Walker and 1461 West Sunset Boulevard Arts District-based developer Engine Real Estate is getting aggressive in Echo Park. It just bought a mixed-use structure at 1461 West Sunset Boulevard in...
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Hines shopping $5.5B real estate portfolio: report
2 Folsom Street in San Francisco, 25 Cabot Square in London and Jeff Hines From the New York site: Houston-based megadeveloper Hines is reportedly looking to unload the 43 properties held by its Hines...
View ArticleEva Longoria has had it with unaffordable housing
A photo posted by Eva Longoria (@evalongoria) on May 12, 2016 at 4:39am PDT Eva Longoria is desperate for some affordable housing. The “Desperate Housewives” actress, who has long been involved in...
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Bel Air Canyon plot, once listed for $125M, has been price chopped to $95M
The Bel Air Canyon site A plot of undeveloped land in the canyons of Bel-Air, which once had a $125 million price-tag— making it the priciest piece of land available in all of L.A. County— has had its...
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This week in renderings: 2908 Wilshire, Burbank Town Center
Renderings reveal the 53,000-square-foot creative office portion of the At Mateo project at 555 Mateo Street in the Arts District. The mixed-use retail project is being developed by a joint venture...
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Submarket Snapshot: Homes in Westwood and Century City in Q1 2016
A home at 2135 Overland Avenue in Westwood (credit: ModernhomesLA) Single-family residence values continued to climb in the Century City and Westwood area in the first quarter, according to a report by...
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