Clik here to view.
LA mega-projects may get break from environmental lawsuits
Rendering of the Crossroads of the World redevelopment The California Assembly passed a bill Thursday that would grant large developments some reprieve from environmental litigation, ensuring that any...
View ArticleClik here to view.
23% of LA renters could afford to buy: Zillow
The rent vs. buy debate is one for the ages. But how many L.A. renters, if they wanted to do so, could actually afford to buy a home? A new study by listings website Zillow shows that nearly a quarter...
View ArticleClik here to view.
Google executes a Silicon Valley land swap, Washington D.C. clears final...
A rendering of the new Google headquarters in Mountain View From New York’s August Issue: Mountain View, California In what has been billed as a mutually beneficial bargain between two tech giants,...
View ArticleClik here to view.
Producer looks to make $4M return on Beverly Hills pad
Medavoy and his home at 9540 Oak Pass Road (Credit: Hilton & Hyland, Getty) “Black Swan” producer Mike Medavoy slashed a cool $1 million off his Beverly Hills listing, which now goes for just under...
View ArticleClik here to view.
Kazakh authorities still fighting to retrieve funds allegedly stashed in LA...
Viktor Khrapunov and the Studio City pad Kazakh authorities are still fighting to retrieve millions of dollars in funds allegedly stolen and then stashed in L.A. real estate, two years after a case was...
View ArticleClik here to view.
South LA mega-development the Reef passes despite local protests
Rendering of SoLA Village in L.A. (credit: The Reef) One of the largest proposed projects of the year cleared the planning commission Thursday. It did so despite the recent protests of some South Los...
View ArticleClik here to view.
This week in renderings: Icon Panorama, Queen Mary
A rendering by Hochhauser Blatter shows the Icon Company's planned development in Panorama City A rendering by Hochhauser Blatter shows the Icon Company's planned development in Panorama City A...
View ArticleMost Popular on The Real Deal
Current reader favorites: 1. LA’s multifamily market: bad for renters, good for landlords 2. WeWork wants to turn office buildings into giant gadgets 3. New residential complex planned for Koreatown 4....
View ArticleClik here to view.
Australian “shark” lists Beverly Hills home for $17.5M
Andrew Banks and his home at 808 North Alpine Drive (Credit: LinkedIn, The Agency) This shark is bringing his sharp teeth to the real estate market. Film producer and “Shark Tank Australia” judge...
View ArticleClik here to view.
A luxury apartment building in LA is offering in-house Botox for its residents
From Luxury Listings NYC: In New York, residents of luxury apartment buildings have private restaurants; in LA, developers are offering residents in-house Botox sessions. Well, you can’t say they...
View ArticleClik here to view.
LA County will court tenants for Gladstones site after 20-year lease extension
Gladstones Malibu restaurant at 17300 Pacific Coast Highway L.A. County may be giving struggling seafood restaurant Gladstones Malibu the boot come October 2017. The county board of supervisors voted...
View ArticleClik here to view.
Teardowns hit the market in Ktown, WeHo
Building for sale at 732 South Vermont Avenue (Credit: CoStar) It’s demolition city in La La Land right now, with properties being pitched as teardowns. Two mid-century properties hit the market late...
View ArticleClik here to view.
Rapper Tyga settles lawsuit with LA landlord
Tyga (photo credit: Rashaad Di via Wiki Commons) From the New York website: The 26-year-old rapper Tyga landed in hot water after he skipped a court date over a half-a-million-dollar lawsuit with his...
View ArticleClik here to view.
Rick Caruso’s firm poaches NBCUniversal’s chief real estate development officer
Corinne Verdery, now of Caruso Affiliated (Credit: Chris Haston/NBC) Rick Caruso’s development firm has hired Corinne Verdery from NBCUniversal, The Real Deal has learned. Formerly NBC’s chief real...
View ArticleClik here to view.
Milan Capital Management buys Long Beach office for $26M
Park Tower at 5150 East Pacific Coast Highway (Credit: CoStar) Anaheim-based investment firm Milan Capital Management just bought a 119,517-square-foot office building in Long Beach for roughly $26...
View ArticleClik here to view.
Patrick Chraghchian entity buys Ameron Center in Pasadena for $40.5M
Patrick Chraghchian of American General Contractors (via AGC brochure) and the building at 245 S Los Robles (via 42Floors) An entity connected to developer Patrick Chraghchian, president of American...
View ArticleMost Popular on The Real Deal
Current reader favorites: 1. LA’s multifamily market: bad for renters, good for landlords 2. LA mega-projects may get break from environmental lawsuits 3. Colony Capital CEO looks for $22M return on...
View ArticleClik here to view.
Skid Row Housing Trust plans another complex for homeless vets
Skid Row Housing Trust CEO Mike Alvidrez and the corner of 7th and San Pedro Streets Slowly but surely, an increase in the supply of housing for the homeless is underway in Downtown Los Angeles. Skid...
View ArticleClik here to view.
Trump faces federal court hearing over Jupiter, Florida golf course dispute
Greens at the Trump National Golf Club (Inset: Donald Trump via Gage Skidmore) From the South Florida website: A years-long membership dispute at Jupiter’s Trump National Golf Club is coming back to...
View ArticleClik here to view.
Playboy Mansion sale closes for $100M, according to buyer
Daren Metropoulos and the Playboy Mansion at 10236 Charing Cross Road UPDATED, 1:50 p.m., Aug. 16: The much buzzed about deal for the Playboy mansion has finally closed for $100 million, despite...
View Article