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US home prices surpassed 2006 peak in September
They’re baaaack. After 10 long years, U.S. home prices finally climbed back to the record peak set in mid-2006 before the recession decimated the market. The average price for a home in September...
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Elizabeth Warren called Trump’s Treasury pick the “Forrest Gump of the...
Elizabeth Warren, Forrest Gump (Tom Hanks), and Steve Mnuchin (Getty Images) Steve Mnuchin announced he’d been tapped for Treasury Secretary by President-elect Donald Trump only yesterday — but he is...
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Editor’s note: Our builder-in-chief
Stuart Elliott From the New York print issue: It might seem that way with the ascension of the first billionaire NYC real estate mogul to the office of the President of the United States. Just a month...
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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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In major shift, Airbnb agrees to enforce legal listing limits
Airbnb founders Joe Gebbia, Nathan Blecharczyk and Brian Chesky Airbnb, for the first time, agreed to enforce limits on how many nights its users can rent out rooms. The short-term home rental company...
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Can Michael Weinstein stop development without compromising his AIDS charity?
Michael Weinstein and the Sunset Media Center where AHF has its headquarters (by Lexi Pilgrim for TRD) TRD Special Report:In the fourth installation of TRD’s series on the Neighborhood Integrity...
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Current reader favorites: 1. In run up to NII vote, developers rush in herds to get entitlements 2. How did LA’s planning process become such a mess? 3. Supreme Court ruling could have far-reaching...
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Welcome to Trump Land
(Click to enlarge) From the New York print issue: Donald Trump’s upset victory over Hillary Clinton has taken the country — and the New York real estate industry — on a rollercoaster ride of a lifetime...
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Judge rules that Santa Monica developer Neil Shekhter forged documents,...
Neil Shekhter Santa Monica developer Neil Shekhter forged documents, destroyed evidence, and committed perjury in a joint venture dispute related to the development of nine apartment properties on the...
View ArticleKate Upton and beau Justin Verlander snap up $5M Beverly Crest home
Hope everyone had a great 🦃day!! @justinverlander A photo posted by Kate Upton (@kateupton) on Nov 27, 2016 at 1:25pm PST Soon-to-be newlyweds Kate Upton and Justin Verlander have nabbed a $5.25...
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Garcettti strikes friendlier tone with Trump despite previous criticism
LA Mayor Eric Garcetti and President-elect Donald Trump L.A. Mayor Eric Garcetti spoke by phone to President-elect Donald Trump last week, expressing willingness to work together on issues relating to...
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When will Fannie, Freddie switch to new credit-scoring model?
Albany Houses and a good FICO credit score From the New York website: You probably know that your credit score is a crucial factor in your ability to qualify for a mortgage. You might also know that...
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Onni Group acquires Arts District land for resi development: sources
The violet street lot and Philip Rahimzadeh, who heads Core Development Group (Google Earth, Amy Tierney / wireimage for Silver Spoon) Vancouver-based developer Onni Group is not slowing down its...
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See you in court: How Build Better LA and the Neighborhood Integrity...
Gov. Jerry Brown, AHF CEO Michael Weinstein and Mayor Eric Garcetti (Getty, Barry Levine) TRD Special Report: In the fifth and final installment of The Real Deal’s series on the Neighborhood Integrity...
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Movers & Shakers: poaching frenzy for Nourmand, JLL and Faris Lee
From left: Patrick Toomey, Jon Lange and John Kostrey UPDATED, 2:30 p.m., Dec. 5: Nourmand & Associates just landed a big catch. The luxury brokerage poached the Kostrey Collection from Keller...
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Trump friends Roth, Silverstein bid on $2B FBI headquarters
From left: Larry Silverstein, FBI Headquarters in Washington, D.C. (credit FBI) and Steve Roth From the New York website: Vornado Realty Trust and Silverstein Properties are bidding to develop the...
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Neil Shekhter will have to give up disputed 9 buildings to AEW: ruling
Neil Shekhter and a rendering of NMS Properties’ Wilshire & La Jolla tower at 6401 Wilshire Boulevard (Credit: Urban Land Institute, Steinberg Architects) Santa Monica Neil Shekhter will have to...
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Blackstone sells 7-building office campus to private LA family
Blackstone head of real estate Jonathan Gray and the Calabasas Tech Center on Agoura Road A Blackstone affiliate sold a seven-building office tech center in Calabasas last month for around $52 million,...
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RECAP: The Real Deal LA’s Neighborhood Integrity Initiative series
Michael Weinstein speaking at the launch of “Love Condoms” at the House of Blues in Los Angeles on August 12, 2009. (MARK RALSTON/AFP/Getty Images) Last week, The Real Deal ran a five-part series on...
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Current reader favorites: 1. Can Weinstein stop development without compromising his charity? 2. See you in court: How JJJ and the NII could be challenged 3. Judge rules that SaMo developer forged...
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