WATCH: Industry players discuss L.A. market amid “retail apocalypse”
The Real Deal’s Alexei Barrionuevo discusses the state of L.A.’s retail market with Bryan Witkow (The Tenant Group), Owen Fileti (LA Realty Partners), Jay Luchs (NKF) and Elizabeth Clark (Pacific...
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Lennar in talks to sell real estate lending unit to Stone Point Capital
Stuart Miller (Credit: iStock) Miami-based Lennar Corp. is in advanced talks to sell its real estate lending unit, Rialto Capital. Private-equity firm Stone Point Capital is considering buying Rialto...
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Santa Monica penthouse with ties to old Hollywood seeks $15M
William Holden, the building on Ocean Avenue A penthouse with ties to William Holden, the late award-winning actor, is being marketed for sale for $15 million. Holden, who rose to fame in the 1950s...
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Why Realogy’s slow-burning stock is down 40% over the last year
Realogy’s Ryan Schneider (Credit: iStock) It’s not the greatest time to be a Realogy shareholder. Thanks to a convergence of factors — from the slowing U.S. housing market to heightened brokerage...
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Sale price of Campus at Playa Vista fell $65M
Hines CEO Jeffrey Hines at the Campus at Playa Vista (Credit: Hines) Hines has entered into a contract to sell the Campus at Playa Vista office property for $335 million, more than $60 million less...
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Justin Bieber dropping nearly $100K a month to rent lakeside home
Justin Bieber and Hailey Baldwin (Credit: Ricky Vigil M/GC Images) UPDATED October 9, 4:42 p.m.: A new marriage has apparently not done much for Justin Bieber’s fear of commitment. The Canadian pop...
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Landlord complaints put new energy efficiency ratings on hold
New York City skyline, going green! (Credit: iStock) Following considerable pushback from landlords, the Environmental Protection Agency is pausing its plans to update the system for energy efficiency...
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New apartment building planned on site of former old age home
The project site An individual with ties to multifamily developer TDC Pacific Properties has proposed a new, 40-unit building in Koreatown. The seven-story building at 502 S. Harvard Boulevard would...
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Blackstone closes on $7.6B purchase of Gramercy Property Trust
Blackstone’s Kathleen McCarthy and Ken Caplan with a map and photo of the industrial property (Credit: Blackstone and Gramercy Property Trust) The Blackstone Group closed on the $7.6 billion...
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Entrepreneur Eric Baker drops $24M in Beverly Hills
Eric Baker and property on Canon Drive Eric Baker, CEO of online ticket marketplace Viagogo, has spent $23.5 million to acquire a 10,300-square-foot mansion in the Beverly Hills Flats. The executive...
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HNA Group looks to unload $11B in assets amid continued selloff
HNA Group Chairman Chen Feng and 850 Third Avenue (Credit: Wikipedia and 850 Third Avenue) Troubled Chinese conglomerate HNA Group is selling off another $11 billion in assets in its latest move to...
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King of the hill: New York is tops in global real estate investment
Clockwise from left: Los Angeles, London, Hong Kong, and New York skylines (Credit: Wikipedia, Michael Vadon via Flickr, and iStock) Total global commercial real estate investment reached $1.8 trillion...
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Little Ethiopia could get 46-unit TOC project
5891 W. Olympic Boulevard (Credit: FreeStockPhotos.biz) A Beverly Hills developer is planning a six-story multifamily project near Little Ethiopia that leans on the Transit Oriented Communities...
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Report says Fosun plans to sell its flagship Manhattan tower – but company...
28 Liberty Street (Credit: Twitter and SOM) UPDATE, Oct. 10, 10:27 a.m.: The real estate arm of Fosun International is reportedly looking to sell its 60-story Financial District tower 28 Liberty for an...
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Case Study House No. 21, a study in minimalism, relists at $3.6M
Pierre Koenig and Case Study House No. 21 One of the most iconic and striking mid-century homes built as part of the Case Study House Program has hit the market again, this time for $3.6 million. At...
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TRD LA’s fall issue will be available to subscribers next week!
Digital subscribers will get an exclusive first look at the new issue The Real Deal LA’s fall 2018 issue is almost here, and it’s jam-packed with juicy stories and rankings. Next week, digital...
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Beauty company CEO nabs home in Hollywood Hills for $16M
Richelieu Dennis and the home (Credit: Getty Images) The chief executive of a beauty products company has purchased a swanky home in the Hollywood Hills for $15.7 million. Richelieu Dennis, who heads...
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Koreatown developer seeks green light for 228-unit mixed use project
Hankook Property Management’s Kee Whan Ha and 1000 S. Vermont Avennue A full-block redevelopment plan in Koreatown is seeking city approval this week. Hankook Property Management wants to build a...
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Is cheap debt creating a CRE bubble?
From left: Tim Sloan, Janet Yellen, and Jerome Powell (Credit: Getty Images and Free Icons PNG) Former Federal Reserve chair Janet Yellen, her successor Jerome Powell, Wells Fargo CEO Tim Sloan and...
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Developer Verono proposes new resi building in Hollywood
Andrew Raitt, founder and CEO of Verono and the site Verono Investments has added another multifamily project to its Los Angeles pipeline. The firm, acting behind an LLC, filed plans to build a new,...
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