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Submarket Snapshot: Conejo Valley
Vacancy in San Fernando and Ventura County markets (credit: Colliers) The Conejo Valley submarket, which spans both southeastern Ventura County and northwestern Los Angeles County, saw its vacancy...
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Current reader favorites: 1. The Bloc isn’t generating enough cash flow to stay afloat 2. Joe Babajian on working with the likes of Beyonce and LA’s luxury circuit 3. Jeff Hyland on LA’s “bogus”...
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Jaime Pressly’s Sherman Oaks home to hit foreclosure auction block
Jaime Pressly and the Sherman Oaks home “My Name is Earl” star Jaime Pressly’s former Sherman Oaks home will be auctioned by the bank after the actress defaulted on mortgage payments, The Real Deal has...
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US homebuilder confidence sags in February
Single-family housing construction From the New York website: U.S. homebuilders aren’t too bullish on the current state of the housing market, with an index gauging single-family homebuilder confidence...
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The Wrap: Perez Hilton sells WeHo home, details for Olympic Tower…and more
Perez Hilton and “Perez Jr.” (credit: Perezhilton.com) 1. Perez Hilton trades houses in West Hollywood [Variety] 2. New details for Olympic Tower: DTLA’s car wash killer [ULA] 3. Swipe right? Tinder...
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Avison Young’s Chris Cooper and Peter Sherman on broker defections, the M&A...
Chris Cooper and Peter Sherman of Avison Young The brokerage industry experienced some of the biggest shake-ups in recent memory last year, with a series of mergers and acquisitions altering the...
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C. Frederick Wehba sells Beverly Hills estate for almost $12M
The property at 1700 Green Acres Drive in Beverly Hills C. Frederick Wehba, co-founder of international real estate investment firm BentleyForbes, just sold a palatial estate in Beverly Hills for $11.7...
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Submarket Snapshot: Beverly Hills
The office building at 8383 Wilshire Boulevard in Beverly Hills The Beverly Hills office submarket is historically strong, with the kind of high rents and low vacancy that make it hard for new tenants...
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Current reader favorites: 1. The Bloc isn’t generating enough cash flow to stay afloat 2. Report: DTLA Loft and Condo sales decreased in 2015 3. Billionaire Stan Kroenke actually bought this $725...
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Sotheby’s Report: These neighborhoods saw the most luxury sales in recent months
The recently-sold property at 964 Napoli Drive Pacific Palisades The Pacific Palisades’ luxury market is already getting lucky in 2016. There were 24 luxury homes valued at more than $3 million sold in...
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Israeli bond boom continues
Stephen Ross’ Related Cos. financed part of Hudson Yards through the Israeli bond market From the New York Website: U.S. developers, seeking easy access to equity to finance projects, continue to turn...
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Lauren Conrad gets $2.8M for Beverly Hills home
Lauren Conrad’s former Beverly Hills home “The Hills” star turned fashion designer Lauren Conrad has raked in $2.8 million from the sale of her Beverly Hills home, the L.A. Times reported. That’s quite...
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Cadence scores $12.9M loan for Gelson’s on Sunset Boulevard
A rendering of the new Gelson’s Cadence Capital Investments has secured a $12.9 million loan from Buchanan Street Partners for the acquisition of a seven-parcel assemblage on Sunset Boulevard and the...
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Brookfield is shopping oceanfront “Silicon Beach” complex for $193M
The Marina Towers at 4640 and 4676 Admiralty Way in Marina del Rey Real estate behemoth Brookfield Office Properties is looking to sell the 386,132-square-foot Marina Towers in Marina del Rey for...
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Goldstein donates “Big Lebowski” house to LACMA
The Sheats-Goldstein house (credit: jamesfgoldstein.com) James F. Goldstein, who bought the John Lautner-designed Sheats-Goldstein house in 1972 and has spent decades renovating and expanding it, will...
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Submarket Snapshot: Torrance
Rents rose across almost every L.A. submarket in the fourth quarter (credit: JLL) Some in the industry speculate that as the creative office wave spreads further into the South Bay, Torrance will be...
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Current reader favorites: 1. The Bloc isn’t generating enough cash flow to stay afloat 2. Jaime Pressly’s Sherman Oaks home to hit foreclosure auction block 3. Report: DTLA Loft and Condo sales...
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West Hollywood City Council votes to increase tenant relocation fees
West Hollywood The West Hollywood City Council voted to increase the relocation fees that West Hollywood landlords must pay tenants they evict, Wehoville reports. The amount will now increase annually,...
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Charlie Hunman scores $2.76M Hollywood Hills pad
Charlie Hunman’s new Beverly Hills home “Sons of Anarchy” star Charlie Hunman has nabbed a Hollywood Hills home for $2.76 million. The 3,200-square-foot, two-story Mission Revival-style property, which...
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Downtown LA condo prices are falling amid uptick in inventory
A rendering of the Metropolis project in Downtown L.A. Developers are betting that Downtown L.A. can become a thriving residential neighborhood with prices to match. But the numbers don’t necessarily...
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