Shopping app Honey inks 23K sf lease for offices above DTLA parking structure
The building at 990 West 8th Street and Honey co-founder and CEO George Ruan (Credit: CBRE, Honey) Honey, an online shopping browser extension, is the latest tenant to join the Downtown creative class...
View ArticleShekhter vs. AEW drama continues with appellate court ruling
Neil Shekhter and a rendering of NMS Properties’ Wilshire & La Jolla tower at 6401 Wilshire Boulevard (Credit: Urban Land Institute, Steinberg Architects) The future of nine Westside rental...
View ArticleRick Caruso becomes first major advertiser with Snapchat geofilter
Rick Caruso is sure keeping up with Gen Z. The shopping mall developer is the first major advertiser to purchase a year-long Snapchat geofilter, the Los Angeles Times reported. Geofilters are overlays...
View ArticleMost popular on The Real Deal
Current reader favorites: 1. Japanese firm in talks to buy Google hangar for $300M+: sources 2. The 10 biggest real estate tech deals of 2016 3. Douglas Elliman’s Colin Keenan on breaking into La La...
View ArticleMike Posner to sell “cooler than you” property for $1.4M
Mike Posner and his home on Carse Drive (Credit: Dre Allegiance, 3300Carse.com) It’s the house that partying in Ibiza made. Mike Posner, the crooner behind tunes like “I took a Pill in Ibiza” and...
View ArticleU.S. reaches $7.2B settlement with Deutsche Bank
Deutsche Bank’s John Cryan and the DOJ’s Loretta Lynch From the New York website: The U.S. Justice Department and Deutsche Bank reached a $7.2 billion settlement over the bank’s role in the pre-crisis...
View ArticlePaul Manafort’s son-in-law files for bankruptcy protection for four LA...
Paul Manafort and a rendering of Jeff Yohai’s project at 1550 Blue Jay Way (Credit: Getty, Marin West) Try explaining this one to the father of the bride. The son-in-law of ex-Trump campaign chairman...
View ArticleStocking stuffer: Buy TRD’s “The Closing” book
“The Closing” book features 100 candid interviews with industry heavyweights, who share the good, the bad and the ugly they faced while climbing to the top, and for some, falling from grace. The...
View ArticleHow Westside malls are competing with the Everything Store
Some of the holiday festivities at the Grove and developer Rick Caruso (credit: Caruso) How do you compete with one-click ordering? With Amazon’s e-commerce juggernaut gobbling up an ever-increasing...
View ArticleChinese developer says LA is epitome of “new economy”
Stuart Morkun and a rendering of Olympia at 1001 West Olympic Boulevard (Credit: LinkedIn, City Century) “Go big or go home” may not be an ancient Chinese proverb, but it certainly applies to newcomer...
View ArticleWill new mansionization rules slow the rise of spec homes?
The Owlwood Estate sold to spec development firm for $90M (Getty, BusinessWire, Douglas Elliman) Expansive spec homes dominated the highest end of the Los Angeles luxury market in 2016, accounting for...
View ArticleDone deal: Japanese investor ASO locks down Google’s hangar
The Spruce Goose hangar (credit: Vashi Nedomansky) and ASO president Iwao Aso (via YPO) Japanese conglomerate ASO Group closed Thursday on its purchase of the Google-leased Spruce Goose Hangar in Playa...
View ArticleHappy holidays from The Real Deal!
In observance of the holidays, The Real Deal won’t be posting on Monday. Be sure to check back bright early Tuesday morning. Happy Holidays!
View ArticleMost popular on The Real Deal
Current reader favorites: 1. Paul Manafort’s son-in-law seeks Ch. 11 protection for 4 LA properties 2. Japanese firm is buying Google’s hangar for $300M-plus: sources 3. New ordinance would protect...
View ArticleThe ties that bind: If Trump actually wants to divest from his empire, here’s...
Donald Trump (credit: Getty Images) From the New York website: On Thursday, news broke that President-elect Donald Trump is in talks with Deutsche Bank to remove personal guarantees from real estate...
View ArticleThe Chargers ink tentative deal for Costa Mesa office complex
The Hive in Costa Mesa The Chargers have inked a tentative deal to lease 101,831 square feet at a Costa Mesa office campus in anticipation of a move to Los Angeles, the O.C. Register reported. The team...
View ArticleSanta Clara developer eyes shipping containers for low-income housing
John Sobrato From the New York website: California developer John Sobrato spent decades building offices for Silicon Valley tech giants. These days the billionaire businessman wants to build...
View Article“Harry Potter” villain sells Hollywood Hills home
22 #pingpong4purpose A photo posted by Tom Felton (@t22felton) on Jul 31, 2015 at 11:36pm PDT Well, Slytherins always did have the best business senses. Tom Felton, the actor who portrayed villain...
View ArticleLauren Conrad aims for quick profit on Pacific Palisades home
Lauren Conrad and her home on Via La Costa (Credit: DeviantArt user Bwtg1999 and LA Light photography) Shout it from “The Hills” — Lauren Conrad, the original darling of Orange County, has listed her...
View ArticleThe 10 most expensive listings of 2016
The Chandler Estate and the Spelling Mansion Forget the million dollar listing. If anything, 2016 has been the year of hundred-million-dollar listing. A handful of headline-grabbing Los Angeles sales...
View Article