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Jade Enterprises to build campus-like project near Soho Warehouse
A rendering of the project Downtown developer Jade Enterprises won approval from the Los Angeles City Planning Commission to build a campus-like, mixed-use project near the Arts District’s Soho...
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SoftBank wanted Jared Kushner to divest from Cadre
Softbank’s Masayoshi Son and Jared Kushner (Credit: Getty Images) Talks for SoftBank to fund crowdfunding startup Cadre ended when Jared Kushner declined to divest his ownership stake in the company....
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How the industry is preparing for another rent regulation battle
California Governor Gavin Newsom (Illustrations by Paul Dilakian) If there’s one home truth landlords have learned of late, it’s that millions of dollars in lobbying muscle can only take you so far....
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Coming soon: TRD’s 250th issue!
The Real Deal will be celebrating its 250th issue this January! This special commemorative issue will include a look back at the first two decades of New York real estate in the new millennium, and...
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Corcoran shakeup: Bill Cunningham out; Gary Malin now COO
Bill Cunningham and Citi Habitat’s Gary Malin. The longtime president of sales is leaving the firm. Bill Cunningham, the Corcoran Group’s president of sales, is leaving the firm, The Real Deal has...
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SEC launches WeWork probe: report
WeWork is reportedly facing an SEC probe (Credit: iStock) The U.S. Securities and Exchange Commission has launched an inquiry into WeWork to determine if the company violated reporting rules ahead of...
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Struggling cannabis retailer MedMen dumps REIT stake
Adam Bierman MedMen Enterprises’ national cannabis retail strategy is going up in smoke. And to trim costs, it’s selling its interest in Treehouse Real Estate Investment Trust. The Culver City-based...
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Inside Herb Wesson’s radical affordable housing plan
Herb Wesson is proposing drastic measures to regulate market-rate residential development. (Credit: Getty Images) There have been many efforts to regulate Los Angeles development in order to create...
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KOAR affiliate pays $26M for Glendale industrial portfolio
CPD industrial properties An affiliate of KOAR Institutional Advisors paid $25.5 million for a portfolio of eight industrial buildings in Glendale that could offer redevelopment potential with...
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Major WeWork layoffs to begin today
More than 4,000 people are expected to receive notice in coming weeks (Credit: iStock) More than a third of WeWork’s 12,000 employees will likely receive notice this week that they no longer have a...
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Investigation reveals mass discrimination by Long Island agents
The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock) A three-year undercover investigation by Newsday found 40 percent...
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Trammell Crow, MTA team up on $1B mixed-use project in NoHo
Matt Khourie Chief Executive Officer of Trammell Crow and a rendering of the project (Credit: HKS and RELM) Two years ago, Greenland USA stepped away from its partnership with Trammell Crow to develop...
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Ten-X Commercial lays off nearly half its workforce
Close to 100 employees were given notice on Monday morning (Credit: iStock) Ten-X Commercial, an online real estate transaction platform, laid off half its workforce after efforts to sell the company...
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Compass shutters second LA office
Robert Reffkin and 11726 San Vicente Boulevard (Credit: Google Maps and iStock) Compass has shuttered one of its Brentwood offices, the second Los Angeles location the firm has closed in as many...
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New York AG is investigating WeWork: report
Attorney General Letitia James (Credit: Getty Images) The New York State Attorney General’s office has launched an investigation into WeWork, Reuters reported. The embattled office-space company,...
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Proptech startup Eden completes $25M Series B
Eden CEO Joe Du Bey (Credit: iStock) Eden, a proptech startup that helps landlords manage parts of the workplace like scheduling cleaning services and ordering snacks, raised $25 million in its Series...
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The Real Deal and SPACES take a look at LA’s co-working scene
(Click to enlarge) Buy Tickets Here On Wednesday, Nov. 20, The Real Deal and SPACES are bringing together leaders of the multibillion dollar co-working industry for a panel event at Playa District LA....
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Why Compass, @properties and tech startups are diving into bridge loans
Residential agents are uniquely positioned to assist buyers who are in the in-between phase (Credit: iStock) Once the gatekeepers to sales listings, real estate agents are increasingly in front of...
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Live Nation’s Hollywood exit leaves big hole for LeFrak
Michaekl Rapino of LiveNation, Richard LeFrak, and 7060 Hollywood Boulevard Live Nation Entertainment, one of the world’s largest concert promotion companies, plans to leave its Hollywood digs next...
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Here are the priciest residential listings in LA County last week
The priciest residential listings last week Last week was a quiet one for the L.A. luxury market. Between Nov. 12 and Nov. 18, not a single property hit the MLS asking more than $13.5 million....
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