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Stalled Echo Park multifamily project picks up again
The lot at 2223 West Sunset Boulevard Developer Dromy International Investment could be Echo Park’s latest comeback kid. The Santa Monica developer has resubmitted plans for a 62-unit apartment complex...
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New bill would protect California widows and widowers from foreclosure
(Credit: Hodges Coxe Potter & Phillips, LLP) If California Gov. Jerry Brown signs the latest bill to reach his desk, California’s widows and widowers would be granted greater protections against...
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Zac Diles uses NFL connections as a new Rodeo Realty agent
NFL veteran Zac Diles, now of Rodeo Realty (courtesy of Zac Diles) Eight-year NFL veteran Zac Diles is heading into a new season opener, this time as a real estate agent with Rodeo Realty. Diles joined...
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Plastic surgeon plans to augment Westlake with 220-room hotel conversion
The building at 1930 Wilshire Boulevard (Credit: Charles Dunn) Westlake could be getting a little nip and tuck. A Los Angeles plastic surgeon is planning to convert his 14-story medical office building...
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Relativity CEO quietly acquires Brentwood home for almost $10M
Ryan Kavanaugh and his new pad at 137 North Woodburn Drive Relativity Media CEO Ryan Kavanaugh secretly bought a new pad, according to real estate gossip queen Yolanda Yakketyyak. The Brentwood mansion...
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Reunited: Stephen Algermissen leaves Colliers, returns to Cushman & Wakefield
Stephen Algermissen (via Cushman & Wakefield) The broker shakeup continues in Los Angeles — this time, with a reunion. Stephen Algermissen left Cushman & Wakefield in 2011 after 22 years with...
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Current reader favorites: 1. Elad Group’s Carlyle condos in Westwood sell out for $275M 2. Witkoff, Lorber raising $75M in EB-5 financing for WeHo Edition 3. LeFrak plans 260-unit Hollywood mixed-use...
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Bijan store sold to Louis Vuitton parent company for stratospheric $19K psf
The Bijan storefront at 420 North Rodeo Drive and LVMH CEO Bernard Arnault When the sale of Bjan made news last month, industry insiders knew it was a record breaker, but not the extent of it, nor the...
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How do you finance the largest private development in US history?
Related and Oxford have raised $14B at Hudson Yards (Illustration by Lexi Pilgrim for The Real Deal) From the New York website: After four months of negotiating to buy a 44 percent stake in 10 Hudson...
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Live-work conversion planned for the Globe Theatre
The Globe Theatre at 740 South Broadway The home of the Globe Theatre is set to make a grand entrance in a brand new incarnation. Recent plans submitted to the city call for a residential conversion of...
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CeleBnB: 10 A-listers who used Airbnb and let the world know about it
Beyonce and the Los Altos Hills pad she stayed at during Super Bowl 50 (Credit: Airbnb) Celebrities — they Airbnb just like us! Just kidding. Not for them are the second bedrooms on quiet, tree-lined...
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Koreatown could see the rise of another 228-unit condo project
The site, currently a gas station, at 1000 South Vermont Avenue (Credit: Google Earth) Koreatown had no new condominiums under construction in May, according to a report by Polaris Pacific, but that...
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Demolition begins for Canoga Park’s premier rocket plant
The plant at 8900 De Soto Avenue Demolition has begun for Canoga Park’s Rocketdyne Propulsion & Power plant, a 43-acre rocket manufacturing site that will now make way for a $3 billion “sustainable...
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Affordable housing development bill passes California Senate
Assembly member Richard Bloom and state Sen. Ben Allen Gov. Jerry Brown’s by-right development housing plan may be dead, but it wasn’t the only measure on the table. The state Senate passed a measure...
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This week in renderings: Banc of California Stadium, C3
The newly-named Banc of Calfornia Stadium IDS Real Estate's C3 project, designed by Gensler IDS Real Estate's C3 project, designed by Gensler Pan Am Equities Atwater-adjacent project, designed by Rios...
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Current reader favorites: 1. LeFrak plans 260-unit Hollywood mixed-use development 2. Bijan store sold to Louis Vuitton for stratospheric $19K psf 3. Elad Group’s Carlyle condos in Westwood sell out...
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Jay Luchs on Blue Bottle, DTLA Apple store rumors and celebrity retail
Jay Luchs of NGKF and the Louis Vuitton store on Rodeo Drive It’s nearly impossible to cruise the Westside’s high streets without seeing the name “Jay Luchs” in a retail window — though he’d like those...
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Too many renters want to pay with Android Pay
Jonathan Eppers It was an Android avalanche. Los Angeles-based rental app RadPad had to shut down a popular promotion last week allowing users to pay their rents via Android Pay after too many people...
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“50 Shades of Grey” author has spanking new digs in WeHo
Erika Mitchell, known by her pen name E. L. James, and her new home at 8800 Appian Way E.L. James is putting some of those hard-earned erotica dollars to good use. The “Fifty Shades of Grey” writer,...
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Beverly House estate owner looks to score $40M refi using crowdfunding
Beverly House The owner of one of Beverly Hills’ most storied estates wants to refinance the property to the tune of $40 million using crowdfunding. Attorney-investor Leonard Ross has posted Beverly...
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