The odyssey of the Mountain: Inside the struggle to sell 157 acres atop...
The Mountain of Beverly Hills (Credit: A Bird’s Eye and Vity-Dream) It is one of the great what-might-bes of Los Angeles real estate. A 157-acre mountaintop property once envisioned as a...
View ArticleEx-city official who was illegally lobbying was also being paid $18K a month...
Michael LoGrande and, from top, Robert Herscu, Nick Jones and Zach Vella (Credit: Urban Land Institute, Wikipedia Commons, Getty Images, The Real Deal) As the case surrounding Michael LoGrande, a...
View ArticleAlex Sapir accused of mismanaging family fortune amid feud with Rotem Rosen
From left: Rotem Rosen, Zina Sapir, Tamir Sapir, Bella Sapir, Elena Sapir, and Alex Sapir (Credit: Getty Images) Rotem Rosen isn’t just seeking $103 million from the estate of Tamir Sapir. To...
View ArticleHomebuilder Toll Brothers looks to higher-earning millennials amid down Q3...
Douglas Yearley of Toll Brothers UPDATED Wednesday August 21, 2019, 4:07 p.m.: Amid a softening luxury market, homebuilder Toll Brothers is developing lower-priced properties as it reaches out to...
View ArticleHere are the key housing and rent control bills state lawmakers are debating
From left: Governor Gavin Newsom, Assemblymember David Chiu, Senator Holly Mitchell, and Senator Nancy Skinner (Credit: Getty Images) California lawmakers have less than a month to vote on stronger...
View ArticleSlice of land from Jerry Perenchio portfolio hits market for $15M; mansion...
From left: Jerry Perenchio, architect William Hefner and renderings of the property (Credit: Getty Images, Redfin) A land-only listing in Bel Air belonging to the estate of the late billionaire Jerry...
View ArticleKanye tears down one of his affordable housing prototypes, ex-LA planning...
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. ET. Please send any tips or deals to tips@therealdeal.com This page was last updated...
View ArticleDisgraced casino mogul Steve Wynn drops $43M on Palm Beach estate
Steve Wynn and 1960 South Ocean Boulevard (Credit: Sotheby’s and Getty Images) Embattled casino mogul Steve Wynn paid $43 million for an oceanfront estate in Palm Beach, property records show. Emma...
View ArticleReservations: Hollywood hotel project faces appeal from rent control tenants
A rendering of the proposed hotel project on Whitley Street (Credit: Daryoush Safai) Hotel construction in Los Angeles is booming, particularly in Hollywood. But residents of one project are hoping to...
View ArticleFrom cannery to cannabis: Oakland redevelopment project lands big loan
Green Sage founder Ken Greer , Lotus Property CEO Faisal Ashraf, and the Cannery on San Leandro Street A real estate investment firm scored a $55 million loan for its plan to redevelop a former fruit...
View ArticleWeedmaps will stop promoting illegal pot shops, commercial cannabis...
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...
View ArticleProlific developer Wiseman Residential eyes another resi complex in hot Venice
1600 E. Venice Boulevard (Credit: iStock) Prolific developer Wiseman Residential is planning a 77-unit apartment complex in Venice, which would be one of its larger recent projects. The Sawtelle-based...
View ArticleWell, that escalated fast: A timeline of Trump’s Greenland adventure
Prime Minister Mette Fredriksen and President Donald Trump (Credit: Getty Images and iStock) Over the last week, a story that’s entirely emblematic of the Trump era gained momentum and died shortly...
View ArticleTerreno Realty makes another industrial play in LA
Terreno Realty CEO W. Blake Baird Amid Los Angeles’ slowing housing market, the demand for industrial properties has remained strong, perhaps stronger than anywhere else in the country. The latest play...
View ArticleLow mortgage rates boost homebuilding stocks despite recession anxiety
Homebuilding shares are close to their highest levels of the year thanks to low mortgage rates (Credit: iStock) Signs may be pointing to a potential recession, but low mortgage rates have boosted...
View ArticleHow do brokers get listings from the Department of Justice?
From left: Paul Manafort with Trump Tower, Jeffrey Epstein, and Bernie Madoff with 133 East 64th Street (Credit: Getty Images, CityRealty, and Wikipedia) UPDATED: August 23, 3:24 p.m. In early July,...
View ArticleAu Revoir Taix: Holland Partner Group’s mixed-use project will replace French...
Holland Partner Group’s Clyde Holland and Taix Restaurant (Credit: Google Maps) The city’s oldest French restaurant will soon be replaced by a new mixed-use development. Ne t’inquiète pas. Some of it...
View ArticleThe many homes of David Koch
David Koch, 740 Park Avenue and 110 East 76th Street (Credit: Getty Images, StreetEasy, Google Maps) David Koch, the billionaire industrialist who was a major funder of conservative politics and New...
View ArticleTwo Elliman agents launch platform to provide renters, buyers and sellers up...
Compass CEO Robert Reffkin (Credit: iStock) Two Douglas Elliman agents are taking on Compass with a new platform that overlaps with the VC-backed brokerage’s non-traditional lending service for...
View ArticleKeller Williams agent charged in celebrity home burglaries, Newsom pushes...
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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