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Here’s why the auction for the 157-acre Mountain of Beverly Hills got called...
Victorino Noval and the Mountain of Beverly Hills (Credit: Getty Images and Redfin) On Thursday, the enormous plot of land known as The Mountain of Beverly Hills was expected to sell to the highest...
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It’s not just the leaking Oculus: Santiago Calatrava hit with suit over...
Santiago Calatrava with the Constitution Bridge in Venice and the Oculus (Credit: Getty Images) A Venice court has fined world-renowned architect Santiago Calatrava for going $5 million over budget on...
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Ryan Serhant slapped with $1M dual agency lawsuit
Ryan Serhant and 416 Washington Street (Credit: Getty Images and Google Maps) A case of dual agency is coming back to haunt “Million Dollar Listing: New York” co-star Ryan Serhant. In a new lawsuit,...
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Amoeba Music owner says landmarking effort by nonprofits is ploy to prevent...
AIDS Healthcare Foundation CEO Michael Weinstein and the Amoeba Music store (Credit: Getty Images and Wikipedia) Two nonprofits have launched a full-fledged effort — lawsuit included — to save the...
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Small Talk: Big Tech wants to be your landlord now! Isn’t that great?
From left: Google CEO Sundar Pichai, Facebook CEO Mark Zuckerberg, and Microsoft CEO Satya Nadella (Credit: Getty Images) Real estate is a serious and important industry that impacts billions of people...
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What you should know about Greenland and its real estate
Donald Trump and Greenland No one seems certain how to take the news that the President Trump is interested in buying Greenland. Is it a joke? Is it even possible? Would Mexico pay for it? Though...
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This week in celeb real estate: Rob Lowe slashes price on massive Montecito...
Mike Trout and his home at Harbor Ridge, and Rob Lowe and home in Montecito. This week, actor Rob Lowe and his wife, Sheryl Berkoff, relisted their massive home in Montecito, while Oscar winner Emma...
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Bankruptcy judge denies latest attempt by The Mountain of Beverly Hills owner...
The Mountain, whose owner owes the estate of the late Mark Hughes $200 million, photo above (Credit: Realtor, Wikipedia) A bankruptcy court judge overseeing who gets to own the 157-acre plot of land...
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Swift sells NoHo office tower for $92M, Mountain of Beverly Hills bankruptcy...
Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page at 9 a.m. and 4 p.m. PT. Please send any tips or deals to tips@therealdeal.com This page was last updated...
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Here are the 5 priciest resi sales in LA County last week, including a...
Clockwise from top left: 12165 Iredell Street, 410 Evelyn Place, 8590 Hollywood Boulevard, 11600 Amanda Drive and 1608 Thayer Avenue The top five residential sales in Los Angeles County last week...
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Douglas Elliman is coming to Texas
Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock) Douglas Elliman is launching in Texas. The brokerage announced Tuesday a joint venture with Sudhoff Companies, a real...
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Laemmle Theatres may shutter all 9 locations amid streaming squeeze, ex-NFL...
Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page at 9 a.m. and 4 p.m. PT. Please send any tips or deals to tips@therealdeal.com This page was last updated...
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Witkoff Group snags construction loan for Santa Monica luxury development
Witkoff Group’s Steve Witkoff and a rendering of the project at 500 Broadway The Witkoff Group landed a mezzanine construction loan for its 249-unit luxury apartment project in Downtown Santa Monica....
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Mortgage REITs were doing great — until the yield curve inverted
(Credit: iStock) Real estate pros and economic pundits spent the better part of last week trying to decipher the greater implications of the treasury yield inversion, an economic indicator that has...
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Will the American Dream mall survive? We dove in to assess the odds
(Illustration by Brian Stauffer) Life, liberty and the pursuit of shopping. So goes the American Dream — the mall-slash-amusement park in New Jersey’s Meadowlands that has weathered three developers,...
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The Mountain of Beverly Hills goes for a molehill
The Mountain’s sale, to a lender linked to the Mark Hughes Trust, was a tiny fraction of the massive property’s asking price. (Credit: Realtor, Wikipedia, iStock) The Mountain of Beverly Hills, which...
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San Pedro-mania! Another mixed-use project planned for the ‘hood
Adam O’Neill and the development site (Credit: Google Maps) Stonebridge Real Estate Group/Square One Homes has doubled down in San Pedro. An entity tied to Adam O’Neill— who is president of locally...
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JPI lands big loan for South Gate’s first apartment project in 30 years
JPI CEO Brad Taylor and a rendering of the South Gate project Development firm JPI snagged construction financing for its 244-unit luxury multifamily development in South Gate. The $80 million in debt...
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Here are the priciest resi listings in LA County last week, “fortress” included
Clockwise from left: 145 North Mapleton Drive, 8408 Hillside Avenue, 10372 West Sunset Boulevard, 9641 Royalton Drive, and 2496 Lancelot Lane The top five homes that hit the market last week in Los...
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WeWork landlord, spooked by scrutiny over IPO filing, sues to get out of lease
WeWork CEO Adam Neumann and 21-33 Irving Place (Credit: Getty Images and Google Maps) A landlord is suing to get out of a lease agreement with WeWork amid fears the co-working company can’t support its...
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