Brentwood’s Mirman School for gifted students plans big campus expansion
Mirman School Head of School Dan Vorenberg Mirman School for Gifted Children — those whose IQs are 138 and above — is looking to expand with a new academic wing at its Mulholland Drive campus in...
View ArticleOnni inks lease with WeWork after closing on massive Wilshire Courtyard purchase
WeWork’s Adam Neumann and Onni Group President Rossano de Cotiis with a rendering of Wilshire Courtyard (Credit: Getty Images and Michael Maltzan Architecture) Onni Group closed on the 1...
View ArticleBanks see uptick in mortgages, but remain wary ahead of potential Fed...
Wells Fargo, JPMorgan Chase and Citigroup each recorded a rise in second quarter profits in their consumer divisions (Credit: iStock) Spurred by low interest rates, consumers are taking out more...
View ArticleEXCLUSIVE: Fifth Wall’s Brendan Wallace on his firm’s $500M tech fund
Brendan Wallace (Photo by Jeff Newton) Brendan Wallace has been everywhere these days. The co-founder and managing partner of Fifth Wall Ventures — a venture capital fund focused on bridging the gap...
View ArticleRezoning Downtown — Skid Row included — must include more affordable housing,...
Downtown Los Angeles (credit: Jeff Cleary and Laurie Avocado) Any rezoning and redevelopment plan for Skid Row and greater Downtown Los Angeles must include more affordable housing and can’t just pave...
View ArticlePGIM inks $127M mortgage for Burbank mixed-use complex near Warner Bros. Studios
Bellwether Enterprise Real Etate Executive Vice President Tom Kenny and Talaria at Burbank PGIM has extended a 10-year $126.5 million mortgage to Cusumano Real Estate Group for a recently completed...
View ArticleForeign investment in US homes plummeted to $78B over the past year
A map of the US with flags from China, Canada and India Foreign investment in residential real estate in the U.S. has taken a tumble. Foreign buyers purchased $77.9 billion worth of existing U.S. homes...
View ArticleMusic mogul Dr. Dre lists manor in Woodland Hills
Dr. Dre and the house It’s on to “The Next Episode” for music mogul Dr. Dre. The legendary hip-hop producer and founder of Beats Electronics has put his longtime home in Woodland Hills up for sale for...
View ArticleWidow of TV star Michael Landon scores big profit on Malibu home
Michael Landon and the home in Malibu (Credit: Getty Images) Amid Los Angeles’ stalling high-end residential market, the widow of television star Michael Landon sold her Malibu home for more than twice...
View ArticleMeet Google’s partner on its monster real estate plan for the Bay area
From left: Lendlease CEO Steve McCann and Google CEO Sundar Pichai UPDATED, July 17, 6:36 p.m. Eastern: Google has already found a partner for its most ambitious real estate project yet. On Wednesday,...
View ArticleE-scooters could raise real estate prices, startup executive says
David Richter, chief business officer of Lime (Credit: Getty Images; David Richter photo via LinkedIn) E-scooters could mean a boost in real estate values in congested U.S. cities. This is the...
View ArticleTom Barrack’s Colony Capital looks to part with $5B portfolio amid other...
From left: Colony Capital’s Tom Barrack, 8250 Milliken Avenue and Lincoln Property Co.’s David Binswanger (Credit: Getty Images, Google Maps) Colony Capital has sold a massive four-property industrial...
View ArticleThe secret rooms inside Apple stores
Architect Stefan Behling (right) and Senior Director for Apple Retail and Design Chris Braithwaite talk about the Board Room, as part of Apple Carnegie Library in Washington, DC (Credit: Getty Images)...
View ArticleThis boutique hotel will replace Maison 140 in Beverly Hills
Architect Michael Kollin and the planned Lasky Hotel The Los Angeles hotel construction boom shows no signs of slowing down, with the latest being a 66-key boutique hotel project. The owners of the...
View ArticleMontecito estate inspired by Spanish palace hits market for $35M
Kinka Usher and his Alhambra-inspired estate (Credit: The Agency) Always wanted to live in a palace on the Mediterranean, but never wanted to leave California? An estate in Montecito inspired by...
View ArticleBlackstone’s Q2 earnings decline as real estate segment tumbles
Blackstone Group CEO Stephen Schwarzman (Credit: Getty Images) Blackstone Group’s earnings declined over the past three months as distributable earnings from the firm’s real estate segment fell by...
View ArticleHolland Partner Group sells pair of Fashion District towers for $403M
Grace on Spring, Griffin on Spring, and Holland Partner Group CEO Clyde Holland Holland Partner Group has sold a pair of multifamily towers in Downtown Los Angeles’ Fashion District neighborhood for a...
View ArticleThe Real Deal LA’s summer issue is live!
Heidi Patalano Our summer issue is live! Check out all of the stories, available to subscribers here. Here’s a look at few of the highlights: Known for its super slick marketing campaigns, uber-luxury...
View ArticleTom Barrack’s Colony Capital looks to part with $5B portfolio amid other...
From left: Colony Capital’s Tom Barrack, 8250 Milliken Avenue and Lincoln Property Co.’s David Binswanger (Credit: Getty Images, Google Maps) Colony Capital has sold a massive four-property industrial...
View ArticleHere’s where Douglas Elliman stands in LA as “Million Dollar Listing” man...
From left: Fredrik Eklund and Stephen Kotler (Credit: Getty Images and Jeff Newton) UPDATED, July 18, 3:16 p.m.: On July 10, Douglas Elliman star broker Frederik Eklund told his 1.1 million Instagram...
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