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Rick Caruso’s Beverly Center tower gets go-ahead from Planning Commission
Rendering of proposed tower at 333 La Cienega Boulevard (Inset: Rick Caruso) Updated, Wednesday, November 16, 2016, 12:10 a.m.: The Los Angeles Planning Commission has approved Rick Caruso’s 19-story...
View ArticleDefaults rising as boom-era CRE mortgages come due
From the New York website: Several worrying indicators in the commercial real estate market, combined with rising borrowing costs, point to a potential downturn in 2017 for the $11 trillion sector....
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CushWake won’t be poaching Eastdil’s LA brokers — at least, for now
From left: Douglas Harmon, Adam Spies and Brett White After Cushman & Wakefield poached New York powerbrokers Douglas Harmon and Adam Spies from Eastdil Secured last month, there were rumors...
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Current reader favorites: 1. Hackman nabs West LA warehouse for creative conversion 2. Oracle buying 2700 Colorado in SaMo for $368M: sources 3. Five Chairs plans 212-key Hollywood hotel 4. Mesa West...
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Tom Ford is making moves on Betsy Bloomingdale’s Holmby Hills estate: report
Tom Ford and the Betsy Bloomingdale estate Fashion designer turned filmmaker Tom Ford is rumored to be forking out more than $40 million for a Holmby Hills estate owned by the estate of late...
View ArticleHoward Lorber: President Trump will be more “thoughtful” than the candidate
From the New York website: There’s candidate Trump, and then there’s President Trump. According to Howard Lorber, the two are a bit different. The Vector Group CEO and Douglas Elliman chair told CNBC...
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Second time’s the charm? CIM seeks reapproval for Sunset Gordon tower
Sunset Gordon Tower The sun may rise again on CIM’s Sunset Gordon tower. The real estate investment firm submitted new plans for the 22-story building at 5929 West Sunset Boulevard, which was emptied...
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Sneak peak: Inside Carmel Partners’ second South Park project
A rendering of the exterior of Atelier (Solomon Cordwell Buenz) Analysts say Downtown Los Angeles is at risk of being oversupplied with luxury apartments — a theory which will be tested as more...
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Voters approve new 14-gate terminal at Burbank Airport
Bop Hope Airport terminal in Burbank. Last week, Burbank voters approved Measure B, allowing airport officials to move forward with a 14-gate replacement terminal at the Hollywood Burbank Airport. The...
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Legendary Hollywood comic crash pad hits market for $3.3M
The house at 8420 Cresthill Road (Compass), Marc Maron and Robin Williams (Getty) The legendary Comedy Store crash pad right above the Sunset Strip at 8420 Cresthill Road just hit the market for $3.29...
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Live Nation renews 25K sf lease at 1800 North Highland
The building at 1800 North Highland Avenue and Behzad Souferian (Adam Southard) Looks like Live Nation will “be” staying in Hollywood. The concert giant, which is headquartered in Beverly Hills, has...
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Current reader favorites: 1. CushWake won’t be poaching Eastdil’s LA brokers — for now 2. Rick Caruso’s tower gets go-ahead from Planning Commission 3. Cindy Crawford offers “slice of Malibu” for $60M...
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Trump fights DC over hotel tax assessment
Donald Trump and the Trump International Hotel in Washington, D.C. From the New York website: President-elect Donald Trump is back in court seeking a refund for property taxes paid at his hotel...
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The Real Deal‘s LA print edition is going quarterly!
The Real Deal‘s inaugural print edition, released in September The number one source for real estate industry news has been greeted with open arms by the local community in Southern California since we...
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Robot butler will serve renters at luxury Century City tower
Rendering of Ten Thousand at 10,000 Santa Monica Boulevard. Forget swimming pools and bike storage. One of the amenities at Crescent Heights’ new L.A. rental tower is straight out of the space age....
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Blackstone’s Gray: Trump win is a game changer for real estate
Jonathan Gray and Donald Trump From the New York website: The Blackstone Group’s real estate head Jonathan Gray thinks Donald Trump’s victory in last week’s election is a game changer for the real...
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New Pasadena law cracks down on the homeless
Homeless woman in Pasadena. (Credit: Getty Images) Pasadena could face a legal challenge to new ordinances that attempt to combat panhandling. The ordinances make it illegal to block public walkways...
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Kat Von D inks deal for the house from “Cheaper by the Dozen”
Kat Von D and her new home (image credit: Mariano Vivanco via Wikimedia and Zillow) From Luxury Listings NYC: Celebrity tattoo artist Kat Von D may seem to belong in a gothic castle or a rock star...
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Will “party house” regulations hurt LA’s mansion rental industry?
A mansion rented for a Hallmark Channel event, Aaron Kirman, Michelle Oliver and David Ryu The roped-off entrance to the club used to be the height of exclusivity. Nowadays, in the age of...
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Current reader favorites: 1. CushWake won’t be poaching Eastdil’s LA brokers — for now 2. Sneak peak: Inside Carmel Partners’ second South Park project 3. Hackman nabs West LA warehouse for $25M, plans...
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