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National home prices keep rising
From the New York website: Limited housing inventory coupled with increased demand boosted national home prices in October, even after a record-setting September. Property values in 20 U.S. cities rose...
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Affordable housing or rent control, what’s right for Pasadena?
The City of Pasadena The Pasadena Tenants Union, a recently formed tenants rights group, is debating whether it should advocate for either more affordable housing or rent control in Pasadena. The group...
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Current reader favorites: 1. Chinese developer says LA is epitome of “new economy” 2. Jeff Yohai files for bankruptcy on four LA properties 3. Japanese company buying Google’s hangar for $300M-plus 4....
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Leonardo DiCaprio just nabbed a $23M Malibu spread
Leonardo DiCaprio and his pretty new view. (credit: NASA via Wikimedia and Zillow) From Luxury Listings: It’s safe to say that Leonardo DiCaprio has been bitten by the real estate bug this year. Over...
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The latest “he said, she said” in Shekhter dispute involves assault
Neil Shekhter and a rendering of NMS Properties’ Wilshire & La Jolla tower at 6401 Wilshire Boulevard (Credit: Urban Land Institute, Steinberg Architects) In yet another court order, a Los Angeles...
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Former NBA All-Star sells Calabasas home at a profit
Gilbert Arenas (Getty) and the Calabasas house (Redfin) The home that former NBA All-Star Gilbert Arenas once shared with his former fiancée Laura Goven and their four children has sold for $3.35...
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LA’s median home price rose 8.4% in November, but spike is artificial: experts
(credit: Phrasemix.com) The medan price of a home in Los Angeles rose in November as compared to a year earlier — but experts warn the numbers don’t tell the whole story. In Los Angeles County, the...
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Caruso-affiliated entities donated more than $476,000 to city officials in...
Rick Caruso and a rendering of his project at 333 La Cienega Boulevard (Credit: Twitter, Caruso Affiliated) Entities associated with developer Rick Caruso — including his companies, his charitable...
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Real estate industry freaked out by Republican tax reform plan
From left: Jeffrey DeBoer, Paul Ryan and Donald Trump From the New York website: Some real estate insiders are worried a Republican overhaul of the tax system could damage the industry. In June,...
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SOLD: LA’s 10 biggest residential sales of 2016
From left: Tom Cruise’s old mansion on Calle Vista, the Owlwood and the Playboy Mansion Move over, New York. Los Angeles dominated the list of priciest residential sales in the country in 2016, with...
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Current reader favorites: 1. Lauren Conrad aims for quick profit on Palisades home 2. Chinese developer says LA is epitome of “new economy” 3. LA’s 10 most expensive listings of 2016 4. The Chargers...
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Pending home sales fell 2.5% in November
Home for sale at a Toll Brothers development in Hawthorn Woods, IL (Credit: Getty Images) From the New York website: Pending home sales fell 2.5 percent in the month of November, another indicator that...
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Orange County lawyer used EB-5 money for yacht: SEC
The Caffe Primo at 612 S Flower Street and Emilio Francisco (Credit: Brigham Yen, Twitter) Here’s a quick lesson in how not to ride the EB-5 gravy train: Solicit lots of money from foreign investors...
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Citigroup Center to shed its ’80s look with $50 million makeover
Citigroup Center (via Hines) and, from left: Thomas Ricci, Randall Scott and John Sischo of Coretrust Capital Partners So long, scrunchies and acid-washed jeans, hello sky gardens and open-plan space....
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New bae, old digs: J.Lo is finally selling Hidden Hills manse for $12.5M
Jennifer Lopez and her home on Jim Bridger Road Love don’t cost a thing, but J.Lo’s Hidden Hills mansion went for $12.5 million to a lucky buyer. If all goes as planned — apparently there are...
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2016 didn’t suck for everybody…
From Luxury Listings New York City: What do Leonardo DiCaprio, Cindy Crawford, Tom Ford and Gwen Stefani all have in common? Besides being ridiculously attractive humans, they’ve all made some serious...
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LA’s 10 biggest office leases of 2016
On left: Shorenstein’s Ford Factory, Hudson Pacific Properties’ Icon Tower. On right: The Water Garden Looks like one of commercial real estate’s favorite buzzwords lived up to the hype. Creative...
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CityView plans 243-unit complex in north Westlake
CityView CEO Sean Burton and the storefront at 1800 Beverly Boulevard (Credit: CityView, Google Earth) West Coast developer CityView is setting its sights on Westlake, where the firm is planning a...
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Megan Ellison buys Beverly Hills home for over $15 million
Megan Ellison’s new driveway. (Credit: The Agency, Getty) Megan Ellison, thrice Oscar-nominated producer and daughter of Oracle founder Larry Ellison, bought a nearly 1.2-acre property in Beverly Hills...
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Current reader favorites: 1. SOLD: LA’s 10 biggest residential sales of 2016 2. Leonardo DiCaprio just nabbed a $23M Malibu spread 3. The latest “he said, she said” in Shekhter dispute involves assault...
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