Clik here to view.
Wendy Maitland accuses Sitt of “starving” Town of financial resources
From left: Joe Sitt and Wendy Maitland From the New York site: Wendy Maitland, who The Real Deal reported earlier today is leaving Town Residential, is suing the brokerage, accusing co-owner Joseph...
View ArticleClik here to view.
Submarket Snapshot: Homes in Santa Monica in Q1 2016
Santa Monica (credit: Sotheby’s, Curtis Hamlett) Per-square-foot home prices in Santa Monica dropped 9 percent in the first quarter of 2016, compared with the same period last year, according to a...
View ArticleMost Popular on The Real Deal
Current reader favorites: 1. Angelenos are moving — to Las Vegas 2. Arts District landlord waiting for “next cycle” before developing 3. Korean Air is bringing barbecue to Wilshire Grand: sources 4....
View ArticleClik here to view.
Church sells Silver Lake retail strip to hip developer for $7.8M
Ryan and Daniel Neman of RYDA Ventures (credit: Next Generation Startups) and the Sweat Spot in Silver Lake (credit: Alex in Wanderland) A Santo Domingo-based Church has sold its Los Angeles hub of...
View ArticleClik here to view.
Organic food market inks lease at luxury Culver City development
Rendering of Access Culver City at 8770 Washington Boulevard (credit: Access Culver City) Culver City is getting a taste of granola. Co-Opportunity Natural Foods, the Santa Monica-based organic market,...
View ArticleClik here to view.
Ay caramba! “Simpsons” creator’s estate sells for $12.5M
Sam Simon and his estate at 14800 Corona Del Mar (credit: YouTube, The Agency) The Pacific Palisades home of late “The Simpsons” co-creator Sam Simon has sold for $12.5 million. Simon, a writer,...
View ArticleClik here to view.
CRE players crave Amazon action
Sizing up the merchandise at the Seattle Amazon store From the special retail issue: With the latest news that mammoth e-tailer Amazon might be opening 300 to 400 brick-and-mortar stores across the...
View ArticleClik here to view.
Former Inglewood employee says city lied about finances to woo the Rams
Inglewood Mayor James Butts and a rendering of the Rams’ stadium (credit: Planning Report, HKS Architects) Inglewood’s former budget manager is suing the city, alleging that the Inglewood government...
View ArticleClik here to view.
Pending US home sales hit 10-year high
Sale pending (credit: realtor.com) From the New York site: Pending home sales across the U.S. hit a decade high last month, likely thanks to low interest rates and job growth. The sales index for homes...
View ArticleClik here to view.
Carmel Partners plans 600-unit condo complex in Arts District
520 South Mateo Street (credit: CoStar) While some are holding off until the next cycle, many developers just can’t get enough of the Arts District. A development firm has proposed a mixed-use...
View ArticleClik here to view.
Donald Trump is making millions selling the land around his exclusive Los...
Donald Trump and his Trump National Golf Club Los Angeles in Rancho Palos Verdes Donald Trump’s only property with reported income from land sales is in La La Land. It’s a more than 250-acre oceanfront...
View ArticleClik here to view.
Submarket Snapshot: Homes in Cheviot Hills in Q1 2016
Broker Rory Posin and a house he sold in Cheviot Hills There were 17 homes over $1 million that sold in Cheviot Hills in the first quarter, according to a report by The Agency. Houses in the area,...
View ArticleMost Popular on The Real Deal
Current reader favorites: 1. Manhattan Village retail gets $150M facelift 2. Church sells Silver Lake retail strip to hip developer for $7.8M 3. Major Arts District landlord is holding off for “next...
View ArticleVIDEO: Skipped ICSC? Here’s what you missed, in 60 seconds
From the New York site: Didn’t make it to (literally) the hottest real estate conference of the year? Don’t sweat it — we’ve got you covered. The Real Deal was there to witness all of the poolside...
View ArticleClik here to view.
Home prices in San Fernando Valley hit 9-year high
A house in the San Fernando Valley (credit: Mike Sowell Agency) Prices in the Valley have hit a new peak. Prices for previously owned single-family homes in the San Fernando Valley hit a nine-year high...
View ArticleClik here to view.
Lion Real Estate Group sells Arts District property for almost three times...
From let: Jeff Rinkov of Lee & Associates, Jeff Weller of Lion Real Estate Group and the property at 2020 East 7th Street in the Arts District In 2013, Lion Real Estate Group purchased two 1920s...
View ArticleClik here to view.
A small lot neighborhood could be coming to the San Fernando Valley
The parcel of land at 7000 North Woodlake Avenue (credit: Google Earth) As L.A.’s precious land supply continues to dwindle behind its rapid growth, developers are doing whatever they can to optimize...
View ArticleClik here to view.
“Million Dollar Listing New York”: Spare no costs and definitely don’t say sorry
Fredrik Eklund, Ryan Serhant and Luis Ortiz (Credit: Bravo) From the New York site: On this week’s episode of “Million Dollar Listing New York,” our three heroes make one thing clear — they’re willing...
View ArticleClik here to view.
City Planning releases part one of DTLA rezoning plan
The Place Types map (credit: DTLA2040.org) Catching up with DTLA’s growing repertoire of developments, the City of L.A. is now drafting a rezoning blueprint that would guide development in the changing...
View ArticleClik here to view.
Rents at Crescent Heights’ new Century City high-rise will be as high as $25K...
Ten Thousand on Santa Monica Boulevard Crescent Heights’ new high-rise on the border of Beverly Hills and Century City is about to push the limits of high-priced rentals. Rents are the building will...
View Article