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Could Los Angeles effectively regulate Airbnb?
Attendees from Saturday’s forum (credit: Roy Samaan) In West Hollywood, short-term rentals are illegal. Yet tourists looking to take a stroll down the Sunset Strip over Memorial Day weekend have the...
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Mani Brothers to buy the Landing in Playa Vista from Hudson Pacific for $80M
A rendering of the Landing in Playa Vista and Victor Coleman, the CEO of Hudson Pacific Properties West Hollywood-based Mani Brothers Real Estate Group, run by brothers Simon and Daniel Mani, is in...
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Happy Memorial Day from The Real Deal!
The Real Deal won’t be posting any stories on Monday, May 30 — but will keep our eyes peeled for any breaking news. Don’t forget to check back Tuesday morning, when we’ll resume regular posting. Enjoy...
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Current reader favorites: 1. Organic food market inks lease at luxury Culver City development 2. Lion sells Arts District property for almost 3x what it paid in 2013 3. Trump is making millions...
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Wannabe members of Malibu’s new Soho House must want it for “the right reasons”
SoHo House West Hollywood at 9200 Sunset Boulevard (credit: SoHo House West Hollywood) Soho House, the exclusive London-based club for creative elites, is debuting its Malibu outpost this week, but not...
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Pacquiao bobs and weaves his way out of Beverly Hills manse deal
Manny Pacquiao and the Beverly Hills pad This was one deal the Pac-Man didn’t eat up. A Beverly Hills compound eyed by boxing great Manny Pacquiao before his loss to Floyd Mayweather is back on the...
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Sam Zell: It’s really hard not to be a seller in real estate right now
Sam Zell (credit Bloomberg TV) From the New York site: “No one has ever accused me of not being a realist,” Sam Zell told CNBC. The chairman of Equity Group Investments and of apartment mega-landlord...
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Beloved DTLA arts venue The Smell set for demolition amid development boom
The Smell at 247 South Main Street (credit: Eventseeker.com) A well-known punk institution has been lost to Downtown L.A.’s property gold rush. DIY venue The Smell, which has long hosted avant garde...
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Town’s Andrew Heiberger looks to reassure his brokers
From left: Andrew Heiberger and Wendy Maitland From the New York site: Town Residential founder and CEO Andrew Heiberger called the situation which led to a lawsuit against the brokerage by former...
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Hello… can you hear me? I’ve been California dreaming… of Beverly Hills mansions
Adele’s potential new home in Hidden Valley From Luxury Listings NYC: Singer, songwriter, and eternal tearjerker Adele might be headed stateside. The Grammy-award-winning Londoner has reportedly...
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Volwood Corporation buys Glendale office for $27.3M
The office building at 500 North Central Avenue (credit: Google Earth) Real estate developer Volwood Corporation has purchased a Glendale office building for $27.3 million, or $221 per square foot. The...
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Brent and Linda Chang of Compass on bringing Chinese buyers to the San...
Linda and Brent Chang of Compass and a property they sold at 1505 Circle Drive in San Marino Few buyers are more sought-after — and, to many, elusive — than foreigners looking to park significant sums...
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Submarket Snapshot: Homes in Beverlywood in Q1 2016
A property at 2217 Duxbury Circle in Beverlywood (credit: Sotheby’s) In the first quarter, 27 homes sold in Beverlywood for more than $1 million, according to a report on luxury real estate by the...
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Current reader favorites: 1. Pacquiao bobs and weaves his way out of Beverly Hills manse deal 2. Could Los Angeles effectively regulate Airbnb? 3. Lion sells Arts District property for almost 3x what...
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Angelo Gordon wants around $60M for Cerritos Corporate Center
The Cerritos Corporate Center at 12900 Park Plaza Drive and 12911 East 183rd Street The seven-building Cerritos Corporate Center is on the market. The seller, investment firm Angelo, Gordon & Co.,...
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Louise Sunshine breaks up with Compass
From left: Louise Sunshine and David Snider From the New York site: Less than six months into a gig as an adviser to Compass, new development guru Louise Sunshine is out, citing a clash of cultures...
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Spectrum plans hotel and student housing complex in Exposition Park
The lot at 3900 South Figueroa Street (credit: Google Earth) Spectrum Group Real Estate is planning a mixed-use hotel and student housing development for a 3.3-acre site on the 3900 block on South...
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Hotel Cecil to be transformed into 301-unit co-living concept for millennials
Matthew Baron and the DTLA hotel New York City-based co-living company Ollie is planning to bring 301 micro-apartments to the Downtown L.A. building which formerly housed the Hotel Cecil, The Real Deal...
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Co-working firm signs lease at Jamison’s CMC
The California Market Center at 110 East 9th Street WeWork and Industrious aren’t the only co-working companies eating up L.A. office space. IgnitedSpaces is also spreading its wings downtown, having...
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Ex-employees of Trump University claim school was a scam
Donald Trump From the New York website: In testimony unsealed on Tuesday, former employees of the defunct Trump University call the school a “financial scheme” that preyed on cash-strapped students....
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