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Years in the making, Hollywood Hills spec mansion lists for $28M
The home on Viewmont Drive (Credit: Sotheby’s International Realty) A spec home developer and architect known for designing mansions for the rich and famous, has listed his own Hollywood Hills...
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Bait and switch: Century 21 agent sued after promising vacant lot was an “an...
The development lot and listing broker Salvador Almanza In the residential real estate game, exaggeration and fluff are almost a part of an agent’s vernacular. When a home is “charming” and “cozy,” it...
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The top construction firms working in Los Angeles
As the National Football League’s Los Angeles Rams flew home from Atlanta in their chartered United Airlines jet, defeated by the New England Patriots at the Super Bowl, teammates glimpsed their...
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Merger talks between Deutsche Bank and rival Commerzbank have fallen apart
Deutsche Bank Chairman Paul Achleitner and German Finance Minister Olaf Scholz (Credit: Getty Images) Deutsche Bank and Commerzbank AG have ended merger talks, dashing the German government’s hopes for...
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CommonGrounds co-working expands in LA with new Downtown lease
CommonGrounds CEO Jacob Bates and 915 Wilshire Boulevard (Credit: LinkedIn) Co-working firm CommonGrounds Workplace has signed a 13-year lease deal to open a location in Downtown Los Angeles, adding to...
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Urban Offerings partnership will start work on Dearden’s redevelopment in DTLA
Esi Ventures Farshad Asherianurban, Urban Offerings Dean Nucich, and a new rendering of the redevelopment (Credit: Nephew) A joint venture will start work on its vision to transform a 100-year-old...
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Hong Kong’s priciest property sale this year goes for $180M
Raymond Lee and Repulse Bay (Credit: Facebook and The Repulse Bay) In Hong Kong’s priciest luxury property sale this year, a paper tycoon and his wife have snagged a home for HK$1.45 billion, or $180...
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LINC Housing takes on a stalled affordable development in Westlake
LINC President and CEO Rebecca F. Clark (Credit: Google Maps) The affordable developer LINC Housing has been active in Los Angeles, amid the city’s push to increase its inventory of lower-priced...
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SVN becomes first commercial brokerage to join blockchain-powered MLS
Kevin Maggiacomo, President and CEO of SVN International Corp. SVN International Corporation has partnered with imbrex, the blockchain-powered multiple listing service, making it the first commercial...
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Music man Michael Feinstein drops price an octave on Los Feliz mansion
Michael Feinstein and a main room in the Los Feliz mansion Musician and entertainer Michael Feinstein has dropped the price several octaves on his Los Feliz mansion. Feinstein chopped the asking for...
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Cushman & Wakefield sues Avenues school over unpaid commissions
Archbishop Curley Site and Cushman & Wakefield’s CEO W. Brett White Cushman & Wakefield alleges Avenues: The World School owes the commercial brokerage $500,000 in unpaid commission for its...
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Legacy Partners’ plan to build apartment complex on church property marks...
Legacy Partners CEO W. Dean Henry and a rendering of the Legacy Sunflower Legacy Partners wants to replace a Santa Ana church it purchased with a 226-unit apartment complex, following a growing trend...
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Co-working firm NeueHouse takes over lease from Snap Inc. in Venice
NeueHouse CEO Josh Wyatt and the building Co-working firm NeueHouse is moving into Venice, taking over a lease from Snap Inc. after the social media company vacated the neighborhood last year, The Real...
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EB-5’s WeChat wars
EB-5 projects 702 Seventh Avenue and The Wheel (Credit: iStock) Not long after developers pulled the plug on the $900 million New York Wheel – the biggest EB5-backed project ever to go belly-up – a...
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Ventas’ investments in research facilities pay off as senior housing market...
Debra Cafaro (Credit: iStock) With the senior housing market still dealing with a surge of new supply, Ventas posted a strong start to 2019 thanks to its investments in other sectors, including medical...
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A 3rd apartment complex proposed for same block in Palms
3547 South Overland Avenue (Credit: Google Maps) Oakmont Capital, which is developing two residential projects on the same street in Palms, appears ready to add a third to the mix. Combined, those...
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Is the tax overhaul law impacting real estate?
Has the tax overhaul had any effect on whether consumers want to buy or sell homes? (Credit: iStock) A new report from the New York Federal Reserve sheds light on a question that’s been hanging over...
View ArticleMark your calendars: These are LA’s top real estate events next week
Here are a few real estate events coming up next week. On May 1, Unwired is holding its WorkTech19 event at Convene, 333 South Grand Avenue from 9 a.m. to 6 p.m. Come and hear professionals speak about...
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Rising up: Here are Chicago’s 10 tallest towers in the works
Chicago became the birthplace of the skyscraper in 1885, and more than a century later developers keep adding to its distinctive skyline. Today, Crescent Heights’ NEMA Chicago, JDL Development’s One...
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