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Current reader favorites: 1. Woodridge Capital’s $2.5B Century Plaza scores $1B financing 2. Zillow CEO paid more than the Zestimate for Brentwood home 3. Jeff Hyland on why firm refused to report...
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Shorewood Realtors filed for bankruptcy protection but isn’t broke
Shorewood’s El Segundo office at 2141 Rosecrans Avenue and its CEO Roger Herman (credit: Murray Aaronson, Shorewood Realtors) Shorewood Realtors may have filed for Chapter 11 bankruptcy protection, but...
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Getting high on your own supply
Clockwise from left: Joe McMillan at 41 Bond Street; William Zeckendorf Jr. at 15 Central Park West; Ian Schrager at 160 Leroy Street; Michael Stern at Walker Tower; Donald Trump at 106 Central Park...
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Sound company behind ‘Game of Thrones’ moves to Hollywood 959
The campus at 959 Seward Avenue and members of the Formosa Group team (credit: JLL) Hopefully the Seven Kingdoms won’t sound any different when season 7 comes around. Sound company Formosa Group, who...
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Archway Holdings and 3D Investments buy Century City office building for $36M
The office building at 10390 Santa Monica Boulevard Archway Holdings president Sean Moghavem (credit: CoStar, signup4.net) Beverly Hills real estate firms Archway Holdings and 3D Investments just...
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Compass wants investors to believe it’s worth $1.3B
Clockwise from top left: Robert Reffkin, Joshua Kushner, Marc Benioff and Ori Allon From the New York website: Less than a year after raising $50 million, Compass is seeking a new cash infusion that...
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TRD’s LA Market Report coming this September
The Real Deal is picking up stakes and heading out west! The inaugural edition of our Los Angeles Market Report will be included with the September issue of the magazine. Our newest special issue will...
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Current reader favorites: 1. Who will live in the super luxe Metropolis condos? 2. Zillow CEO paid more than Zestimate for Brentwood home 3. Virtual reality signs lease at Kilroy’s Hollywood campus 4....
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WeWork’s Neumann takes more cautious tone on startup’s revenue projections
Adam Neumann From the New York website: WeWork’s co-founder Adam Neumann is taking a more cautious tone on the $16 billion company’s growth projections. In an interview Monday, Neumann said he expects...
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Woman sues after allegedly breaking her ankle on the US Bank Tower Skyslide
A rendering of the slide (credit: OUE Limited) It’s all fun and games until someone gets hurt. An out-of-town woman has sued the landlord of the U.S. Bank Tower, claiming that she broke her ankle while...
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Vantage to sell Playa Jefferson for $165M to Rockwood
Playa Jefferson and Vantage CEO Ned Vantage Property Investors is selling Playa Jefferson, the five-building, 250,000-square-foot creative office campus that’s home to Facebook’s largest L.A. office,...
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Crimson plans to build 129 resi units in Venice
Current structures at 12575 and 12444 West Venice Boulevard (credit: CoStar) Los Angeles-based Crimson Holdings has its work cut out in Venice. The real estate firm is planning two separate residential...
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Vice Media CEO Shane Smith buys $3.8M estate in Pacific Palisades
Shane Smith and his new home on Greentree Road in the Pacific Palisades (credit: theopenhouse via the MLS, Vice Media) In an uncertain media climate of layoffs, disruption and tronc-ing, Shane Smith...
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Rodeo Drive’s Bijan store sells for recordbreaking price-per-sf: report
Bijan storefront at420 North Rodeo Drive (credit: U.S. City Traveler) Rumor has it that Rodeo Drive saw a record-shattering sale. The 5,000-square-foot Bijan store at 420 North Rodeo Drive recently...
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Ktown’s Chapman Park Studio sells for $9.7M
The Chapman Park Studio at 3501-3519 West 6th Street (credit: Charles Dunn Company) Looks like Koreatown’s Mediterranean palace on the corner of Sixth Street and Alexandria Avenue has a new owner. The...
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Boyle Heights activists: Get out of our neighborhood, art galleries
The ‘Ambularte’ mobile art exhibit in Boyle Heights, 2015 (credit: Abe Ahn of Hyperallergic) Boyle Heights activists, known for their organized and staunch anti-gentrification efforts, are saying “down...
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This week in renderings: Jamison’s condos at 3980 Wilshire
A rendering of Jamison's proposed condo project at 3980 Wilshire, by KTGY Group A rendering of Jamison's proposed condo project at 3980 Wilshire, by KTGY Group A rendering of Jamison's proposed condo...
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Current reader favorites: 1. Douglas Emmett buying 12100 Wilshire from Hines for $225M 2. Compass poaches the Agency’s new development director 3. Zillow CEO paid more than Zestimate for Brentwood home...
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Blackstone plans to go public with country’s largest single-family home landlord
A single family home (inset: Blackstone’s Jonathan Gray) The Blackstone Group plans to go public with the largest single-family rental company in the country. Blackstone bought Invitation Homes, which...
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Controversial developer Geoff Palmer is Trump’s biggest donor
The Orsini II at 550 North Figueroa Street, Donald Trump and developer Geoff Palmer Geoff Palmer wants to make America great again. The infamous Beverly Hills developer has been revealed as Donald...
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