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Billionaire Michael Dell is buying the 1,000-plus room Boca Raton Resort
Jonathan Gray, Michael Dell and Boca Raton Resort Billionaire Michael Dell’s MSD Partners is under contract to purchase the waterfront 1,047-room Boca Raton Resort & Club from the Blackstone Group....
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Here are the latest under 50-unit resi projects proposed in LA
539 Hobart Boulevard and 627 N Dillon Street (Credit: Redfin and Google Maps) Projects filed under the city’s Transit Oriented Communities umbrella continued to dominate the list of the latest small...
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LA’s industrial market is tops among foreign investors in US: report
Investments from overseas almost tripled last year in Greater Los Angeles (Credit: iStock) The Los Angeles area industrial market is still having its moment, and the draw isn’t just from U.S....
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Payday: What the leaders of RE’s biggest public companies earn
It’s a case of the haves and have-way-mores when it comes to the earnings collected by the leaders of Los Angeles’ most influential public firms in commercial and residential real estate. As both...
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Felix Sater: “My main motivation was in building a Trump tower in Moscow and...
Felix Sater (Credit: Getty Images) Felix Sater’s name is mentioned more than 100 times in Special Counsel Robert Mueller’s investigative report. A sketch of Trump Tower Moscow (Credit: Buzzfeed) The...
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Developers spent millions lobbying LA city officials last year: report
Lightstone Group, Jamison, and CIM Group spent hundreds of thousands of dollars lobbying LA elected officials Prompted by a recent scandal involving one of the city’s power brokers, Los Angeles elected...
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Going private: Fed housing finance chief details plan to end Fannie-Freddie...
FHFA chief Mark Calabria and the Fannie Mae headquarters in Washington DC (Credit: Carr Properties) President Trump has not been shy about his desire to end the federal conservatorship of Fannie Mae...
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If at first…Revamped rent control question could hit ballot in 2020
Michael Weinstein (Credit: iStock) Last November, California voters handed a stinging defeat to Proposition 10, the initiative that would have opened the door to rent control statewide. Now, as...
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How Keller Williams plans to take down Zillow, Opendoor
Keller Williams CEO Gary Keller (Credit: Twitter and iStock) Keller Williams, the nation’s biggest franchise brokerage, is joining the likes of Opendoor and Zillow Offers in the all-cash, online...
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Jamison moves in new direction with plans to build Koreatown hotel
Jamison Services CEO Jaime Lee and the Harvard Boulevard development site Jamison has been one of Koreatown’s most active office and multifamily landlords and developers, but its latest move points in...
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Compass doesn’t know how it will turn a profit off slate of new services
Compass COO Maëlle Gavet and CEO Robert Reffkin (Credit: Getty Images and iStock) Even at a $4.4 billion valuation, Compass still has no plan to reach profitability. “We’re not yet at a stage where I...
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Leaving the Golden State? Kevin Durant just listed his Malibu home
Kevin Durant and the home in Malibu (Credit: 31504 Victoria Point Road) Speculation continues over where Golden State Warriors’ superstar Kevin Durant will play next season, but one thing is for sure,...
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Inside the leasing deals for WeHo’s cannabis lounges
Muthatree’s edibles consumption lounge is described as a “futuristic exploration space for experiencing cannabis paired with virtual reality and 3D digital art.” When the city of West Hollywood granted...
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Ex-Dodger Adrian Beltre scores on mansion sale in Arcadia
Adrián Beltré and the home in Arcadia Adrian Beltre, the slugging third baseman who spent his first seven seasons in the big leagues with the Dodgers, sold has his Arcadia mansion. Beltre — who retired...
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The downturn is coming. Can the We Company survive the storm?
WeWork co-founder Miguel McKelvey, Adam Neumann, CFO Artie Minson, and Vice Chairman Michael Gross in a bunker made out of money (Credit: Getty Images and iStock) In January, Adam Neumann went on CNBC...
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Trump Org files lawsuit to block subpoena of financial statements
President Donald Trump and Elijah Cummings (Credit: Getty Images) Facing a subpoena from the House Oversight Committee, the Trump Organization is fighting back. In a lawsuit filed on Monday against...
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SB 50 would make 40% of LA’s developable land available for higher density
California State Senator Scott Wiener Los Angeles city officials say a proposed state-level law to boost housing construction would have “potentially far-reaching effects” in the city. A Department of...
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This LA community saw the biggest rent increase in March
Santa Clarita (Credit: Jeff Turner via Flickr) Where are rents growing fastest in Los Angeles? It’s not Los Feliz, or Downtown L.A., or Koreatown. It is…Santa Clarita. The city in the San Fernando...
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Austin-based firm goes Hollywood with $38M apartment complex purchase
Time and Stephen Clark, and the MetWest Apartments Cypress Real Estate Advisors has paid $38 million for a multifamily complex on Sunset Boulevard in Hollywood, The Real Deal has learned. A joint...
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Rising construction costs cut into LA’s ambitious supportive housing plan
Mayor Eric Garcetti and a homeless encampment on skid row (Credit: Getty Images) The $1.2 billion in bond money that Los Angeles raised to develop 7,000 units of permanent supportive housing for the...
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