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Jade Enterprises plans 379-unit resi complex in Fashion District
The retail strip at 1100 South Main Street For Jade Enterprises, the residential market doesn’t seem to be losing its luster. The prominent Los Angeles landlord filed a plans Wednesday to bring a...
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Opponents of SaMo anti-density campaign raise nearly $1M
Renderings of the project at 11800 West Santa Monica Boulevard by Lorcan O’Herlihy Architects If it all comes down to money, the pro-development lobby has a leg up in Santa Monica. Opponents of LUVE,...
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NYC’s top I-sales team jumps ship to Cushman & Wakefield
From left: Douglas Harmon, Adam Spies and Brett White From the New York website: New York’s most successful investment sales brokers, Eastdil Secured’s Doug Harmon and Adam Spies, are jumping ship to...
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Data bites: Four key takeaways from CushWake’s global cities report
The L.A. skyline (credit: Getty Images) We’re living in a global society, at least when it comes to real estate investment. A new report by commercial real estate brokerage Cushman & Wakefield...
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Could the Spelling mansion be worth every penny of its $200M ask?
The renovated foyer of the Spelling mansion at 594 South Mapleton Drive (Credit: Hilton & Hyland) It may not have a sexy grotto or a film credit in “The Godfather,” but the Spelling mansion has its...
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Current reader favorites: 1. British heiress wants $200M for Spelling mansion 2. The next Big Short? 3. Artisan nearing purchase of Santa Monica campus for $400M 4. Pasadena office building expected to...
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Inside QIA’s new U.S. strategy
From left: Brookfield’s Manhattan West project, The Empire State Building, the crown jewel in the ESRT portfolio and London’s famed Harrods department store From the New York print issue: Speaking at a...
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Harrison Ford’s son sells historic Downtown theater for $3.3M
Inside the Kim Sing theater at 718 North Figueroa Street (Credit: Kim Sing Theater, prabook.com) Harrison Ford’s son just scored a tidy profit on the sale of the historic Kim Sing Theatre in Chinatown....
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Jose Huizar wants the SoCal Flower Market redeveloped
Inside the flower market at 755 Wall Street (Credit: Yelp, c/o Diana L.) The Southern California Flower Market, no longer fresh as a daisy, could be redeveloped into a mixed-use complex with affordable...
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US resi brokers make some of the world’s highest commissions: report
Average residential broker commission rates per country in 2015. Data source: Surefield From the New York website: The U.S. is one of the most expensive countries to buy a house, partly because its...
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Compass poaches Teles agent Stephanie Younger for new Westchester, Playa del...
Stephanie Younger Venture capital-backed brokerage Compass is pressing on with its L.A. poaching spree. The company has nabbed Teles Properties agent Stephanie Younger and her 21-person team for its...
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Have DTLA office rents hit the ceiling?
Petra Durnin and the Downtown skyline How high can it go? That’s the question of the day in Downtown Los Angeles. Rents have been on the rise in DTLA’s office market, but with a hefty vacancy rate...
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Equity Residential acquires new 94-unit building on Pico for $42.5M
Equity Residential’s Sam Zell and the C on Pico apartments at 12301 West Pico Equity Residential wants to expand its Westside portfolio. Its latest order of business? Buy a brand new 94-unit complex on...
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State commission denies Gary Winuk’s request to investigate Wanda Beverly Hills
A rendering of Wanda’s One Beverly Hills project to the right, with a rendering of the existing Hilton hotel to the left, and attorney Gary Winuk (via Twitter) California’s Fair Political Practices...
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Warner Music Group seals the deal at Shorenstein’s Ford Factory
The Ford Factory (via Shorenstein) The Arts District is no longer “Waiting for Godot.” Warner Music Group finally sealed the deal on a lease for the entire 257,000-square-foot Ford Factory building...
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Rick Selby wants to build 86 apartments on a Las Palmas parking lot
The site between 1601 and 1647 North Las Palmas Avenue Another parking lot may soon bite dust. Rick Selby of R. W. Selby & Company has filed a request to build an 86-unit apartment complex on the...
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Current reader favorites: 1. Warner Music Group seals the deal at Shorenstein’s Ford Factory 2. Harrison Ford’s son sells historic Downtown theater for $3.3M. 3. Equity Residential acquires new 94-unit...
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Kansas City REIT nabs Hawthorne data center for $79.5M
2301 W. 120th Street Red Sea Group, a Tel Aviv-based investment firm, has sold a Hawthorne data center for $79.5 million, or $276 per square foot, nearly double the $43 million it paid for it in 2002....
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Neighborhood Integrity Initiative is a threat to homeless housing plans,...
Rachel Torres at the news conference Monday (Credit: Jon Endow) And so it begins. The Neighborhood Integrity Initiative’s opposition group — made up of developers, housing advocates, labor unions and...
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Two Singapore-based bankers charged over 1MDB scandal
Riza Aziz and the Beverly Hills pad From the New York site: Singapore prosecutors on Monday charged two bankers for helping misappropriate billions in from Malaysian state development fund 1MDB. The...
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