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Did Carson jump the gun on asking rents?
(credit: NGKF) The demand for Class B space — particularly creative offices — has been driving net occupancy rates in the South Bay market. The net absorption of Class B space has eclipsed Class A...
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Brexit’s residential boon
Illustration by Lexi Pilgrim for The Real Deal From the August Issue: When mortgage interest rates slide close to all-time lows — as they have since the Brexit vote — should one sit on the fence? Or...
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Current reader favorites: 1. Broadreach Capital is selling its 2.3-acre WeHo complex 2. GPI plans boutique condos at Brentwood retail site 3. F. Ron Smith of Partners Trust on the changing agency model...
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Playboy Mansion will need a full-frontal renovation
Hugh Hefner, Daren Metropoulos and the Playboy Mansion at 10236 Charing Cross Road UPDATED, 9:40 a.m., Aug. 19: In case you haven’t heard, the Playboy Mansion has a new owner. His name is Daren...
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Oxford Capital Group buys Hollywood site for $16.5M, plans Godfrey brand hotel
A room at the Godfrey Hotel in Boston and hotelier John Rutledge Chicago-based Oxford Capital Group, led by hotelier John Rutledge, just acquired an 11,845-square-foot Class C office at 1400 North...
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Jerry Snyder is moving forward with second Museum Row office campus
Developer Jerry Snyder and a rendering of the Wilshire Curson building, left of SAG/AFTRA’s headquarters (credit: Jerde Partnership) It was first proposed in 2013, a creative office building in an area...
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Another hotel could rise in the heart of Koreatown
The site at 679 South Harvard Boulevard The Pak Kyong Trust, a prominent family trust which owns several properties around the intersection of Wilshire Boulevard and Western Avenue, recently submitted...
View ArticleKanye West and Kim Kardashian want to pay their NYC rent in Instagram posts
Wearing Yeezy Season with Yeezy A photo posted by Kim Kardashian West (@kimkardashian) on Jul 28, 2016 at 3:52pm PDT From the New York website: Here’s a real estate tale for modern times: Kim...
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LA has America’s lowest rate of homeownership
Home at 10224 Babbitt Avenue (credit: Redfin) Los Angeles may be a city of dreams, but it’s not certainly not a city of homeowners, despite today’s low interest rates and high costs of renting. The...
View ArticleGwyneth Paltrow’s Goop could soon be eyeing more space in LA
A photo posted by goop (@goop) on Mar 4, 2016 at 5:50pm PST Gwyneth Paltrow’s lifestyle website Goop, fresh off a $10 million cash infusion, could soon be looking for a bigger space in L.A. The luxury...
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1. Playboy Mansion will need a full-frontal renovation 2. Harridge plans 3.3-acre mixed-use complex in the Valley 3. American Apparel may soon bid adieu to LA: report 4. Oxford buys Hollywood site for...
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Compass expands office footprint in Beverly Hills, Malibu
Stan Richman and 9454 Wilshire Boulevard Venture capital-backed brokerage Compass is putting some of those investor funds to use. The firm is expanding its luxe digs in Beverly Hills and opening a...
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Meet Kylie Jenner, real estate mogul
(Image Credit : thrive.us & twitter.com/KylieJenner) From Luxury Listings NYC: Forget reality-TV star, Kylie Jenner seems to have her sights set on becoming a real estate mogul. E! reports that the...
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Edward Minskoff on why his big bet on Playa Vista will pay off
Edward Minskoff and the Bluffs at Playa Vista New York developer Edward Minskoff recently went into contract to buy the Bluffs at Playa Vista creative office campus from JPMorgan for an undisclosed...
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Introducing the billion dollar home
The gardens at Les Cedres From the New York website: The onetime home of King Leopold II in Saint Jean Cap Ferrat in the south of France has hit the market, asking one billion euros, or roughly $1.1...
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Here’s who’s backing the fight against the Neighborhood Integrity Initiative
A portion of the DTLA skyline (by Hunter Kerhart), and top left: Crescent Heights CEO Russell Galbit (credit: Carl Hersh), bottom left: Eli Broad (via Elibroad.com) Many developers fear the...
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Uncle Sam wants to crack down on estate taxes
The IRS Building on Constitution Avenue in Washington D.C. and Uncle Sam From the New York website: The Treasury Department and the Internal Revenue Service are seeking to crack down on tactics that...
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Why is construction of Hollywood Target still stalled?
The stalled Target Hollywood development (via Google Earth) and attorney Robert Silverstein who is fighting the project (via RobertSilversteinlaw.com) Despite unanimous approval from the Los Angeles...
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Current reader favorites: 1. Playboy Mansion will need a full-frontal renovation 2. Edward Minskoff on why his big bet on Playa Vista will pay off 3. Jerry Snyder is moving forward with Museum Row...
View ArticleEllen DeGeneres sells same Hollywood Hills home for the second time
A photo posted by Ellen (@theellenshow) on Apr 20, 2016 at 2:54pm PDT Chat show queen Ellen DeGeneres, notorious for her house flipping, has actually now sold the same Hollywood Hills West home twice....
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