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A new homeowner “marriage penalty” in the tax code?
(credit: TaxPoint.com) Does the federal tax code now favor unmarried partners when it comes to deducting mortgage interest on jointly owned houses with super-sized mortgages? Can certain co-owners save...
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Is DTLA’s retail market becoming a bit too hot?
French retailer A.P.C.’s DTLA storefront at 125 West 9th Street (Credit: Taiyo Watanabe, c/o Warren Office for Research and Design) Speculation is mounting about a bubble in Downtown L.A.’s retail...
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Here’s what rich do with their homes after they make it big
Inside the Sweetgreen cofounders’ home.(credit: Claire )Esparros/Homepolish From the New York website: Having a home that accurately reflects your interests is well worth the investment. That’s why...
View ArticleChildren’s retailer plans 8-story apartment building in Westlake
An eight-story, 47-unit apartment complex is in the works in the heart of Westlake. Plans recently submitted to city planning call for a “mixed-use” structure, but it sounds mostly residential: Only...
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TRD’s LA Market Report is almost here
The Real Deal is picking up stakes and heading out west! The inaugural edition of our Los Angeles Market Report will arrive in L.A. in early September, with additional distribution in the New York...
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Agua Dulce Winery, one of the largest in L.A. County, hits the market for $13M
Agua Dulce winery at 9640 Sierra Highway Thirsty for some zinfandel? David Letterman’s former producer has got the hookup. The Agua Dulce Winery, one of the largest in Los Angeles County, is now on the...
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The Agency nabs David Findley and David Kelmenson from Partners Trust
From left: David Kelmenson and David Findley (via Partners Trust) To poach, or to be poached, that is the question — at least in L.A.’s residential brokerage scene these days, as the broker shakeup...
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Current reader favorites: 1. Edward Minskoff on why his big bet on Playa Vista will pay off 2. Who’s backing the fight against Neighborhood Integrity Initiative 3. Compass expands office footprint in...
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US home sales jump to a nearly 9-year high
Home for sale (credit: MLS) From the New York website: Home sales shot up last month, nearly hitting the highest level seen in the past nine years. Sales reached the fastest pace seen since October...
View ArticleFitness goddess Jillian Michaels cuts Malibu listing price, swaps brokers
A photo posted by Jillian Michaels (@jillianmichaels) on Jul 4, 2016 at 5:19pm PDT Jillian Michaels, the celebrity trainer best known for helping people shed the pounds, has shed a few dollars off the...
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L.A. homebuyers pay a significant premium to live in walkable neighborhoods:...
The intersection at Hollywood Boulevard and Highland Avenue (Credit: LA Great Streets Tumblr) Angelenos are notorious for driving everywhere, but they’re paying top dollar to live in walkable...
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Looking back at Trump Mortgage: the Donald’s short-lived, ill-conceived...
Donald Trump (Illustration by Lexi Pilgrim for The Real Deal) From the New York website: Out of all of Donald Trump’s business blunders, Trump Mortgage LLC was among the shortest-lived and most...
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Witkoff, Lorber raising $75M in EB-5 financing for Hollywood Edition
Howard Lorber, Steve Witkoff and the Hollywood Edition Two New York developers are seeking to raise EB-5 money for the construction of the first Edition Hotel on the West Coast, The Real Deal has...
View ArticleSlash slashes price of rockstar lair to $9.5M
A photo posted by Slash (@slash) on Sep 25, 2015 at 7:37pm PDT Finding no takers for his Mulholland Estates party pad, the top hat-wearing Slash cut its price tag by a full million to $9.5 million....
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Clippers’ point guard seeks $3M profit on gated estate
Chris Paul and his home at 2180 Stratford Circle Here’s your chance to make a play at Chris Paul’s Bel Air pad. The Clippers point guard listed his home for just under $11.5 million, the L.A. Times...
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Elad Group’s Carlyle condos in Westwood sell out for $275M
A unit at Carlyle Residences, and from left: Agency CEO Mauricio Umanski and Elad Group CEO Udi Erez Elad Group’s 24-story condo project in Westwood, the Carlyle Residences, is finally 100 percent...
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Current reader favorites: 1. Edward Minskoff on why his bet on Playa Vista will pay off 2. Is DTLA’s retail market becoming a bit too hot? 3. Here’s who’s fighting the Neighborhood Integrity Initiative...
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Neighborhood Integrity Initiative turns in 100K signatures for ballot measure
(Credit: Credit: Coalition to Preserve L.A.) Supporters of the Neighborhood Integrity Initiative turned in nearly 104,000 signatures to the city clerk’s Wednesday, effectively ensuring its place on the...
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LeFrak plans 260-unit Hollywood mixed-use development
LeFrak CEO Richard LeFrak and the site at 6436 West Hollywood Boulevard New York developer Richard LeFrak is expanding his footprint in Los Angeles with a new mixed-use project in Hollywood. LeFrak has...
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HotelTonight, after rough patch, plans to go public
Hotel listings on Hotel Tonight From the New York website: Hotel booking startup HotelTonight is going public. CEO Sam Shank hopes to launch an initial public offering by late 2017, Bloomberg reported....
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