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LMU in discussions for Brickyard office: sources
The Brickyard office complex Loyola Marymount University is among several tenants in discussion to lease space at the Brickyard in Playa Vista, sources told The Real Deal. LMU would lease approximately...
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Compass bringing in new COO: sources
Robert Reffkin and David Snider From the New York website: Compass is making a little more room in the C-suite. The venture capital-backed residential brokerage is finalizing a new hire for chief...
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Jefferson at Hollywood apartment complex sells for $132M
The Jefferson at Hollywood Essex Property Trust has sold the Jefferson at Hollywood apartment complex to a joint venture between Redwood Urban and Beverly Pacific for $132.5 million, or $490 740 a...
View ArticleWATCH: Check out LA’s biggest investment sales of 2016
Last year was a banner one for the investment sales business in L.A. County, from Boston Properties’ big ticket acquisition of a 50 percent stake in the Colorado Center in SaMo to a slew of...
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CBRE gets Floored: Brokerage acquires real estate tech startup
David Eisenberg From the New York website: UPDATED, Jan. 4, 5:00 p.m.: CBRE acquired real estate tech startup Floored for an undisclosed price, in a deal that expands the real estate services...
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Current reader favorites: 1. The top 10 investment sales of 2016 2. Could ASO deal mark return of Japanese investment in LA? 3. New rules seek to champion old buildings 4. IEC acquires Glendale...
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Real estate’s diversity problem
Alison Novak of Hudson Companies and Steve Bodden of Sanchez Bodden Lerner (Photos by Michael McWeeney) From the January issue: For both Hollywood and NYC real estate, January marks the...
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Barry Bonds’ old Beverly Hills digs sell for $26.5M
Barry Bonds and the house on Beverly Park Circle (Credit: BarryBonds.com, Hilton & Hyland) Talk about a homerun. Barry Bonds’ not-so-shabby former dugout just traded for $26.5 million, $4.5 million...
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Soho House’s soul-searching
Nick Jones, the founder of Soho House, in the club’s new Barcelona location From the January issue: It was 1996, shortly after he’d sold his shares in Virgin Entertainment, when Robert Devereux sat...
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Ratkovich’s COO Clare DeBriere steps down
Clare DeBriere (Credit: Urban Land Institute) Clare DeBriere, the chief operating officer of Ratkovich Company, has abruptly left the firm after 26 years. She will remain involved through the company’s...
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J Brand, MiTu & others ink 50K sf of new deals at the Row
A rendering of the Row The developers of the Row closed on 50,000 square feet of new boutique retail and office leases at the adaptive re-use project, they told The Real Deal. New office tenants who’ve...
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Shanghai banker plans 115-unit complex in Pasadena
James Li and a rendering of his proposed project at 711 Walnut Street A private investor is planning a 115-unit mixed-use complex in Pasadena, The Real Deal has learned. James Li, the CEO of Shanghai...
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Private fund managers shift from equity deals to debt
From the New York website: Private real estate funds raised near-record levels of capital in 2016, as the industry saw a noticeable shift away from equity investments toward debt. Globally, real estate...
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When it comes to expansion, Netflix has absolutely no chill
Building at Sunset Bronson Studios and Hudson Pacific Properties CEO Victor Coleman (Credit: Spectra Company, HPP) When it comes to expansion, Netflix has absolutely no chill. The behemoth streaming...
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Current reader favorites: 1. The top 10 investment sales of 2016 2. Could ASO’s deal mark return of Japanese investment in LA? 3. CBRE gets Floored: Brokerage acquires RE tech startup 4. Fig + Pico...
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LA’s top broker poaches of 2016
Clockwise from top left: Stacy Gottula, Kevin Shannon, Andrew Tashjian, Stephanie Younger, Kofi Nartey, Scott Segall, Todd Tydlaska, Courtney Smith, Kurt Wisner Competition for brokerage talent in Los...
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Retail therapy: Macy’s taps CBRE to help offload stores
Macy’s at the Beverly Center and CBRE’s Brandon Famous Los Angeles-based CBRE will give struggling Macy’s a helping hand with plans to shutter about 100 stores, the global brokerage announced Thursday....
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Veteran producer Chris McGurk pays $9.65M for sexy Hills bungalow
Chris McGurk and his new house on Devlin Drive (Credit: Getty, Thomas James Capital) Studio bigwig Chris McGurk’s real estate adventures have entered a new chapter with the purchase of a house in the...
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Trump’s DC hotel owes workers $5M for unpaid labor: report
Donald Trump and the Trump International Hotel Washington DC From the New York website: Donald Trump’s pricey hotel in the nation’s capital, which has attracted acute scrutiny because of the conflicts...
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TV hypnotist Paul McKenna wants $15M for Hollywood Hills home
Paul McKenna and the home You’re feeling very sleepy… and like you might want to pay above ask? British TV hypnotist Paul McKenna has listed his Hollywood Hills home for $14.97 million, more than twice...
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