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Why real estate should be wary of Trump’s tax plan
From the New York website: Could the election of Donald Trump have unanticipated impacts on the federal tax code’s benefits, which favor homeownership over renting? To the extent that the House,...
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Councilmember Paul Koretz flip-flops on support for Caruso’s 20-story tower
Councilmember Paul Koretz and a rendering of the project at 333 La Cienega Boulevard (Credit: Getty, Caruso Affiliated) Rick Caruso is having a rough week. City Councilmember Paul Koretz announced...
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“Ugly Betty” creator Silvio Horta lists home for $5 million
Horta’s 4,100 four-bedroom home. Photo credit: The Agency. Inset: Silvio Horta. Silvio Horta, who created and produced the TV series “Ugly Betty,” is looking to sell his house above the Sunset Strip...
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ASB Real Estate buys SaMo apartments for $83M
ASB CEO Robert Bellinger and the apartment at 1317 7th Street (Credit: LinkedIn, HotPads) ASB Real Estate Investments just bought a 106-unit apartment complex in Santa Monica for $83 million, or about...
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In LA’s Chinatown, Ghost Ship tragedy reverberates
The warehouse at 1641 Naud Street. Photo credit: DAUM Commercial An Oakland warehouse fire earlier this month that killed 36 people has led to increased scrutiny on such properties, with a Chinatown...
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New rules seek to champion old buildings
Jose Huizar and the Kurt Meyer-designed bank at 8150 Sunset Boulevard Historic properties in L.A. could soon score another layer of protection. A new set of proposed rules spearheaded by Councilmember...
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The Real Deal‘s hottest LA stories of 2016
The year in Los Angeles real estate was characterized by developer feuds, big-ticket investment sales, controversial ballot measures and record mansion prices. And in our first year on the West Coast,...
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Current reader favorites: 1. Why real estate should be wary of Trump’s tax plan 2. SOLD: LA’s 10 biggest residential sales of 2016 3. The Real Deal‘s hottest LA stories of 2016 4. Leonardo DiCaprio...
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Owner’s rep says $200M listing linked to Trump bankruptcy guru is “fraudulent”
Stephen Bollenbach and the spec house (credit: Zillow) UPDATED Jan. 3, 2.42 p.m.: A listing for a nearly $200 million Bel Air spec home that appeared on Zillow.com on Monday was “fraudulent,” according...
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The NYC January issue is live!
In 2013, founder and CEO of Peebles Corporation Don Peebles and his partner, the Israeli-based American real estate company Elad Group, purchased a 13-story building at 108 Leonard Street from New...
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The top 10 investment sales of 2016
The Bluffs at Playa Vista and 400 South Hope Street Properties fitted out for tech and creative tenants led the way in investment sales in 2016, a banner year for the industry. In Playa Vista,...
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IEC acquires Glendale multifamily property for $54 million
Verdugo Village, photo credit: Verdugo Village Apartments. Inset: Interstate Equities Corporation Founder Deborah J. Boyd. The Interstate Equities Corporation acquired a 126-unit multifamily property...
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“Lego” producer sells formerly toxic office property for $5M
Dan Lin and the property at 755 Seward Street (Credit: Getty) Dan Lin has “lego” of his Hollywood office space for $5.1 million. The “Lego Movie” and “Gangster Squad” producer sold his...
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Chargers tight end slashes price of Hollywood Hills home to $2.5M
Antonio Gates and the house on Skyline Drive (Credit: Getty, Jeff Katz) Chargers’ star Antonio Gates may have fumbled with his original asking price, but he’s hoping a $500 million discount can help...
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Could ASO’s Spruce Goose deal mark the return of Japanese investment in LA?
Ratkovich CEO Wayne Ratkovich, Google CEO Sundar Pichai and the Spruce Goose hangar at 5865 South Campus Center Drive (Credit: Youtube, Search Engine Land and Playa Vista Home Sales) Until last month,...
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Current reader favorites: 1. The top 10 investment sales of 2016 2. New rules seek to champion old buildings 3. The Real Deal‘s hottest LA stories of 2016 4. LA’s 10 biggest office leases of 2016 5. In...
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Ivanka Trump, Jared Kushner are moving to $5.5M house in DC
From left: 2449 Tracy Place Northwest, Jared Kushner and Ivanka Trump (credits: Washington Fine Properties and Getty Images) From Luxury Listings NYC: After months of rumors, Ivanka Trump and Jared...
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Chinese motorcycle maker plans 304-unit tower in Westlake
The Class C office at 1247 West 7th Street and an old rendering of the tower (Credit: Google Earth, Loopnet) An LLC tied to Lifan Group, a Chinese car and motorcycle manufacturer, filed plans Tuesday...
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Trump says he’ll hold press conference next week
Donald Trump (credit: Getty Images) From the New York website: President-elect Donald Trump is ready to face the press. After canceling a press conference last month — where he was expected to answer...
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Fig + Pico renderings unveiled
Rendering courtesy of Los Angeles Department of City Planning Architectural renderings for Fig + Pico, a project comprising a pair of planned hotel towers in L.A.’s South Park neighborhood, have been...
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