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Actress Li Bingbing sells Brentwood home for $2.8M
Li Bingbing.(credit: Getty Images) Chinese film star Li Bingbing, known for her roles in “Resident Evil: Retribution” and “Transformers: Age of Extinction,” has sold her Brentwood home for $2.75...
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Trump plans to settle Trump University fraud cases: report
Donald Trump holding a media conference announcing the establishment of Trump University on May 23, 2005 in New York City (credit: Getty Images) From the New York website: President-elect Donald Trump...
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Ponzi-schemer’s old digs sell at 40% discount
2571 Wallingford Drive A Beverly Hills home modeled after Marie Antoinette’s private chateau in Versailles sold for $22 million earlier this month, down roughly 40 percent from its previous asking...
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LA has nation’s largest chronically homeless population: report
Skid Row, in Downtown Los Angeles. Los Angeles has the highest number of chronically homeless people in the country, according to a report by the U.S. Department of Housing and Urban Development...
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Fashion philanthropist Yvonne Niami buys Bel Air home for $16M
301 Copa De Oro Road in Bel Air. Yvonne Niami, the founder of the n:philanthropy apparel brand, bought an eight-bedroom,11,500-square-foot home in Bel Air for $16.2 million, sources told The Real Deal....
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Top US developers riff on future of Chinese investment, President-elect Trump
From left: Sharif El-Gamal, Gil Dezer, Stan Gale Jr., Shang Dai, Scott Alper, Ziel Feldman, Don Peebles and Stuart Elliott From the New York website: President-elect Donald Trump spent a good chunk of...
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OneWest Bank, founded by Steven Mnuchin, accused of redlining in SoCal
Steven Mnuchin at Trump Tower in New York (Jewel Samad/AFP/Getty Images) Two housing advocacy groups have accused OneWest Bank, which is headquartered in Pasadena, of discriminating against black and...
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Snapchat in early talks to take up to 400K sf at Santa Monica Business Park:...
Santa Monica Business Park and Snap Inc. CEO Evan Spiegel Commercial real estate insiders are wondering whether Santa Monica will land a unicorn — before it disappears forever. Venice-based Snap Inc.,...
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Movers & Shakers: CBRE’s Myles Helm jumps ship to Stan Johnson, Greysteel...
Myles Helm and Mark Pettibone Stan Johnson Company has poached Myles Helm from CBRE to be its West Coast regional managing director. Helm’s hire is part of the New York-based net lease company’s...
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Lincoln Property, Rockwood buy Gateway El Segundo for $120M with creative...
David Binswanger of Lincoln Property and one of the offices at 390 Sepulveda Boulevard Lincoln Property just acquired the five-building Gateway El Segundo portfolio from DivcoWest for $120 million —...
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Trump meets with Indian business partners amid conflicts of interest concerns
From left: Donald Trump (credit: Gage Skidmore / Wikimedia Commons) and renderings of Trump Towers Pune (credit: Panchsil) From the New York website: Donald Trump met with three Indian business...
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Four developers chosen to build homeless housing in Los Angeles
The site at 11950 Missouri Avenue and City Administrative Officer Miguel Santana Four development teams have been chosen by the city of Los Angeles to have exclusive negotiating rights to 10 publicly...
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Supreme Court ruling could have far-reaching implications for brokerages
Chris Cortazzo and the house at 33618 Pacific Coast Highway The California Supreme Court ruled Monday that a real estate brokerage representing both the buyer and seller in a deal owes the same...
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Current reader favorites: 1. Snapchat in early talks to take up to 400K sf at SMBP: sources 2. Ponzi-schemer’s old digs sell at 40% discount 3. Will “party house” regulations hurt LA’s mansion rental...
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“Underwater from the start”: LA’s multifamily players tell us how they really...
Kitty Wallace (credit: Adam Southland), Daniel Mense (via Ness Holdings) and the DTLA skyline (credit: Hunter Kerhart) By passing Measure JJJ, Angelenos have decided that if you’re a building a project...
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Related’s Grand Avenue project budget has jumped by $200M: Urbanize
Renderings of the Grand Avenue project at 100 South Grand Avenue (Credit: Related) The budget for Related California’s massive Grand Avenue Project has jumped by around $200 million. The cost of the...
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Trump in talks with Blackstone’s Gray for Treasury secretary
Jonathan Gray, Donald Trump and the Treasury Building in Washington, D.C. From the New York website: Blackstone Group head of global real estate Jonathan Gray is in talks with Donald Trump about...
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WATCH: “Million Dollar Listing” star Josh Flagg on election “depression,” the...
[caption id="attachment_29221" align="aligncenter" width="570"] Josh Flagg[/caption] Between wedding planning and selling the $100 million Merv Griffin estate, celebrity broker Josh Flagg had the...
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Highlight reel: Inside The Real Deal’s Shanghai showcase
Better get good at offering business cards with both hands. Judging from the crowds at The Real Deal’s second annual U.S. Real Estate Showcase & Forum in Shanghai, a new wave of Chinese investment...
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R. W. Selby & Company buys 3-property portfolio from State Farm for $120M
The courtyard at 12000 Idaho Avenue and Kenny Fowlkes, Selby’s co-director of acquisitions (Credit: Selby, LinkedIn) R. W. Selby & Company, a Brentwood-based firm, recently acquired three...
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