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The Wrap: Yahoo closing Burbank office, LA’s lawsuit against Geoff Palmer…and...
Yahoo’s soon-to-shutter Burbank office 1. Yahoo cuts digital magazines, closes Burbank, Calif., office [WSJ] 2. LA files $20 million lawsuit against Da Vinci developer over huge downtown fire [LAT] 3....
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Jason Oppenheim on finding Chloe Moretz an LA home and fighting his twin brother
Jason Oppenheimer and a property he recently sold at 320 Trousdale Place In a not-too-distant past life, Jason Oppenheim, president of the Oppenheim Group brokerage in West Hollywood, was an L.A....
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Submarket Snapshot: East San Fernando Valley
Net absorption in the fourth quarter (credit: Colliers International) The East San Fernando Valley office submarket saw its vacancy rise in the fourth quarter, according to a report by Colliers...
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Current reader favorites: 1. Brookfield is shopping oceanfront “Silicon Beach” complex for $193M 2. The Bloc isn’t generating enough cash flow to stay afloat 3. Goldstein donates “Big Lebowski” house...
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New proposal would mandate affordable housing in return for zoning changes
The L.A. County Federation of Labor and a group of other activists have unveiled a ballot proposal that would require L.A. developers to provide affordable housing on residential projects that require...
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Gelson’s wants Mario Batali’s Eataly booted from Century City mall
Mario Batali and a rendering of the Century City Mall Century City stalwart Gelson’s is battling to have Mario Batali’s fashionable gourmet food emporium Eataly booted from Century City mall before it...
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How to avoid common closing pitfalls
From left: Whitney Watson and Diana Dahlberg From the New York February issue: Individuals selling or buying a house in 2016 should want to make sure their transaction goes to closing without glitches....
View ArticleJulia Roberts buys second Malibu home for almost $7M
A photo posted by Julia Roberts ️️ (@juliarobertsoriginal) on Feb 19, 2016 at 10:29am PST Julia Roberts snagged a ranch-style house on more than an acre of land in the Point Dume area of Malibu in an...
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CBRE Global Investors to buy Pasadena Towers for more than $250M
The entrance to one of the Pasadena Towers CBRE Global Investors is in escrow to buy the Pasadena Towers for more than $250 million, The Real Deal has exclusively learned. The investment arm of CBRE...
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Submarket Snapshot: West L.A.
The Riot Games campus in West L.A. The West L.A./Olympic Corridor submarket saw vacancy drop in the fourth quarter to 9.8 percent, down from 15.5 percent in the third. It beat out the Westside’s...
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Current reader favorites: 1. Jason Oppenheim on finding Chloe Moretz an LA home and fighting his twin brother 2. Gelson’s wants Mario Batali’s Eataly booted from Century City mall 3. The Bloc isn’t...
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Priciest homes on the planet: Paris and London
From left: Chateau Louis XIV in Louveciennes and One Hyde Park in London From the New York issue: This month, The Real Deal sifted through land registry records, public listings and news reports and...
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New proposal submitted for abandoned Hawthorne Plaza mall
A rendering of the new complex The ailing Hawthorne Plaza mall could be transformed into a massive mixed-use complex with office, retail and residential components under a new proposal by the city’s...
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Hooters owner may be behind 1,000-key hotel proposal near Convention Center
The property at 1248 South Figueroa Street A new proposal for two high-rise towers would bring approximately 1,000 hotel rooms to a parking lot on Pico Boulevard between Figueroa and Flower Streets in...
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Kim and Kanye can’t stop renovating their LA house
Kanye West and Kim Kardashian in Hidden Hills From Luxury Listings NYC: You know how Kanye went on Twitter over the weekend to ask Mark Zuckerberg to invest “1 billion dollars into Kanye West ideas”?...
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Former WeHo home of Doors’ manager Danny Sugerman listed for $3.5M
The property at 9306 Warbler Way and Kira Gould, who is both the seller and co-listing agent The West Hollywood home once owned by legendary music manager Danny Sugerman has been listed for a flip, The...
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Submarket Snapshot: Burbank
Burbank bucked the L.A. County trend of rising office rents in the fourth quarter, according to data from JLL. Its rents decreased slightly to $3.15 a square foot a month, down from $3.16 in the third...
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Current reader favorites: 1. Gelson’s wants Mario Batali’s Eataly booted from Century City mall 2. The Bloc isn’t generating enough cash flow to stay afloat 3. Julia Roberts buys second Malibu home...
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L.A. home prices finally show signs of slowdown: report
Los Angeles home prices are stabilizing The Los Angeles housing market hit new highs over the past year, with a series of trophy properties hitting the market for more than $100 million. But new...
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Movers & Shakers: Elliman, Colliers and more
David Pinsel and Gerald Eggleston Douglas Elliman Real Estate has tapped Kevin Mark Lodie, a longtime luxury branding consultant, as its vice president of marketing for the Western Region. Lodie will...
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