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Geoff Palmer scores $114M refi for 3 properties in Canyon Country
News 9 hours ago
Geoff Palmer scores $114M refi for 3 properties in Canyon Country

Geoff Palmer with Canyon Country property (Getty) Multifamily developer Geoff Palmer has secured a $114 million refinanced loan on three complexes...

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Speculators descend on top contenders for Amazon HQ2
News 10 hours ago
Speculators descend on top contenders for Amazon HQ2

Crystal City, Virginia and Jeff Bezos (Credit: Wikipedia and Jeff Bezos) As cities continue to court Amazon, real estate speculators are betting on...

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Here the under 50-unit projects proposed in LA last week
News 10 hours ago
Here the under 50-unit projects proposed in LA last week

A family trust wants to build a multifamily project at 4305 N. Lankershim Boulevard Developers filed for three residential projects between 10 and...

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Torrance's Gateway Towers trade for $107M
News 11 hours ago
Torrance's Gateway Towers trade for $107M

Gateway Towers The sprawling office space at the Gateway Towers sold this month for $106.5 million in one of the latest office campus deals in...

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Health care for all? Compass and Cigna roll out agent coverage
News 12 hours ago
Health care for all? Compass and Cigna roll out agent coverage

Robert Reffkin (Credit: iStock) With more than 7,000 agents working under its banner, Compass is wading into health care coverage. The venture...

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LAX Consolidated Rent-a-Car facility agreement gets nod from airport officials
News 13 hours ago
LAX Consolidated Rent-a-Car facility agreement gets nod from airport officials

A rendering of the Consolidated Rent-a-Car facility (credit: Los Angeles World Airports) The Los Angeles International Airport entered into a $2...

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Blackstone gave Saudi sovereign wealth fund discounts to invest in record $40B infrastructure fund
News 13 hours ago
Blackstone gave Saudi sovereign wealth fund discounts to invest in record $40B infrastructure fund

Blackstone CEO Steve Schwarzman and Crown Prince Mohammed bin Salman (Credit: Getty Images) Saudi Arabia’s sovereign wealth fund received discounts...

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Koreatown landlord settles lawsuit alleging it forced out rent-controlled tenants
News 14 hours ago
Koreatown landlord settles lawsuit alleging it forced out rent-controlled tenants

Optimus Properties LLC principals Kamyar Shabani and K. Joseph Shabani and Koreatown Two years ago, tenants in five rent-controlled Koreatown...

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Elon Musk’s latest Twitter prediction: LA loop tunnel project to open soon
News 15 hours ago
Elon Musk’s latest Twitter prediction: LA loop tunnel project to open soon

Elon Musk and the Loop transport tunnel (Credit: Getty Images) Elon Musk is back in the news on one of his favorite places: Twitter. The...

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Blackstone's Stephen Schwarzman discusses Jamal Khashoggi in Q3 earnings call
News 1 day ago
Blackstone's Stephen Schwarzman discusses Jamal Khashoggi in Q3 earnings call

From left: Steve Schwarzman, Crown Prince Mohammed bin Salman, Jamal Khashoggi. (Credit: Getty Images, Npangarkar/WMF, DoD photo by Glenn Fawcett,...

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LA business owners hope “LeBron effect” will be a slam dunk for their bottom lines
News 2 days ago
LA business owners hope “LeBron effect” will be a slam dunk for their bottom lines

LeBron James and the Los Angeles skyline (Credit: Getty Images, iStock) UPDATE, Saturday, October 20, 2018, 9:43 a.m.: As LeBron James kicks off...

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St. Louis luxury realtor fired after barring black man from his own home
News 2 days ago
St. Louis luxury realtor fired after barring black man from his own home

Hilary Brooke Thornton. A St. Louis-based luxury apartment brokerage fired one of its employees after she was recorded physically blocking a black...

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LA’s biggest construction permits in September
News 3 days ago
LA’s biggest construction permits in September

MGA Entertainment Isaac Larian with renderings of 24 (Uncommon) The biggest construction permits in Los Angeles for September included a hotel in...

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Lockton Cos. inks lease for new office at 777 Tower
News 3 days ago
Lockton Cos. inks lease for new office at 777 Tower

Lockton CEO Tim Noonan with 777 Tower (Brookfield) Insurance brokerage giant Lockton Companies is moving from one Downtown Los Angeles office tower...

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Opportunity Zones guidelines released, offering developers more details
News 3 days ago
Opportunity Zones guidelines released, offering developers more details

The Opportunity Zones Map (Credit: NCRC) UPDATED, 11:58 a.m., Oct. 19, 2018: Real estate developers and fund managers with questions about how to...

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Mark your calendars: These are LA’s upcoming real estate events
News 3 days ago
Mark your calendars: These are LA’s upcoming real estate events

There are two upcoming real estate events in Los Angeles: On Oct. 29, the 7th Annual Toigo Real Estate Dinner will take place from 6:30 p.m. to 9...

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Bank OZK's stock drops nearly 24% after CRE write-offs
News 3 days ago
Bank OZK's stock drops nearly 24% after CRE write-offs

Bank OZK’s stock tanked almost 24 percent in early morning trading on Friday after it reported two large commercial real estate write-offs in its...

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The Real Deal LA's fall issue is now available to our subscribers
News 3 days ago
The Real Deal LA's fall issue is now available to our subscribers

The Real Deal’s Fall 2018 issue The Real Deal Los Angeles‘ fall issue is now live on the website, and digital subscribers to TRD are getting a...

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Not a fan: LA Conservancy hopes to stop Gehry-designed project with landmark status request
News 3 days ago
Not a fan: LA Conservancy hopes to stop Gehry-designed project with landmark status request

Frank Gehry and a rendering of 8150 Sunset Boulevard The Los Angeles Conservancy is turning to historic preservation to stop starchitect Frank...

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Ahead of referendum, rent control measure isn’t polling well with voters
News 3 days ago
Ahead of referendum, rent control measure isn’t polling well with voters

Proposition 10 isn’t polling well in California. (Credit: iStock) Ahead of the Nov. 6 referendum, an initiative that would let municipalities...

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National Cheat Sheet: SoftBank share prices sink, Sears files for bankruptcy … & more
News 3 days ago
National Cheat Sheet: SoftBank share prices sink, Sears files for bankruptcy … & more

Clockwise from top left: Softbank share prices sink as Saudi Arabia is implicated in Jamal Khashoggi’s death, Sears files for bankruptcy protection...

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Editor’s note: Land of Opportunity?
News 3 days ago
Editor’s note: Land of Opportunity?

Heidi Patalano To riff on a famous saying: When capital controls close one door, somewhere the government opens a window. That’s what may be...

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There’s gold in them zones: How Opportunity Zones could impact real estate
News 3 days ago
There’s gold in them zones: How Opportunity Zones could impact real estate

(Illustration by Maciej Frolow) At 9800 Grape Street in the Watts neighborhood of southern Los Angeles, gone are the low-rise complexes that were...

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Bridge Investment targets $500M in Opportunity Zone possibilities
News 4 days ago
Bridge Investment targets $500M in Opportunity Zone possibilities

Opportunity Zones map and Bridge Investment Group chairman Robert Morse A $12 billion real estate investment and management firm is the latest...

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The crypto conundrum
News 4 days ago
The crypto conundrum

(Illustration by Andrew Colin Beck) At Consensus 2018 — a conference where cryptocurrency die-hards convened to plot the future of blockchain — two...

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Plans for 429-key hotel move forward in Long Beach
News 4 days ago
Plans for 429-key hotel move forward in Long Beach

American Life CEO Henry Liebman and renderings of hotel (American Life) A 30-story hotel project that could drastically alter Long Beach’s skyline...

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County and Trammel Crow break ground on $453M Vermont Corridor project in Koreatown
News 4 days ago
County and Trammel Crow break ground on $453M Vermont Corridor project in Koreatown

A rendering of the Gensler-designed office building and L.A. County supervisor Mark Ridley-Thomas (Credit: Gensler, Getty Images) Los Angeles...

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County, Trammell Crow break ground on $453M project in Koreatown
News 4 days ago
County, Trammell Crow break ground on $453M project in Koreatown

A rendering of the Gensler-designed office building and L.A. County supervisor Mark Ridley-Thomas (Credit: Gensler, Getty Images) Los Angeles...

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Who is Tejon Ranch? A NY-backed firm plots massive communities in California
News 4 days ago
Who is Tejon Ranch? A NY-backed firm plots massive communities in California

Tejon Ranch executives Greg Madeiros and Greg Bielli, and Tejon Ranch Just off the Interstate 5 north of Los Angeles, a vast swath of California...

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Mark Lapidus out at WeWork amid real estate leadership shakeup
News 4 days ago
Mark Lapidus out at WeWork amid real estate leadership shakeup

Mark Lapidus and WeWork’s headquarters at 115 West 18th Street (Credit: Google Maps) Mark Lapidus, WeWork’s former head of global real estate and...

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