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Month: December 2017

Mercer Vine’s office hits the market following SEC suit against Robert Shapiro

Robert Shapiro and Mercer Vine’s Beverly Hills office Mercer Vine, the residential brokerage caught up in the firestorm of a major Securities and Exchange investigation-turned-lawsuit, put its office building in Beverly Grove on the ...

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  • 26 Dec
  • The Real Deal
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Carmel Partners provides more details on major DTLA Arts District

520 South Mateo Street (credit: CoStar) Carmel Partners is shooting for a 2020 completion date for a major mixed-use project in the Downtown Los Angeles Arts District. The developer is looking to bring up to 600 live/work units, 20,000 ...

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  • 26 Dec
  • The Real Deal
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$100M outdoor mall project to replace SeaPort Marina Hotel in Long Beach

A rendering of 2nd & PCH (credit: CenterCal Properties) Shop till you drop, eat till you pop. That’s what developers are promising at an ambitious new project in Long Beach. An outdoor mall heavy on dining and entertainment will ...

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  • 26 Dec
  • The Real Deal
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By 2032, China will surpass US to become world’s largest economy: report

Shanghai (Credit: Pixabay) China will surpass the United States as the world’s largest economy by 2032, according to a report by the Centre for Economics and Business Research (CEBR), a London-based consultancy. The CEBR report ...

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  • 26 Dec
  • The Real Deal
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Here’s where foreign investment into the LA market is coming from

From the October issue: Foreign investors and developers pumped more than $8.28 billion into the commercial real estate landscape in Los Angeles County in the last two years, making L.A. one of the hottest markets for foreign capital ...

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  • 26 Dec
  • The Real Deal
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Lenny Kravitz-designed Hollywood Hills mansion listed for $38M

Lenny Kravitz and 1894 North Stanley Avenue in Los Angeles (Credit: Wikimedia Commons, Hilton & Hyland) A modern spec mansion in the Hollywood Hills featuring interiors designed by rock star Lenny Kravitz has hit the market for ...

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  • 23 Dec
  • The Real Deal
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From the archives: Inside L.A.’s spec homes arms race

Bruce Makowsky’s $250 million home has yet to find a buyer. In February, Douglas Elliman broker Tracy Maltas took a client, a local businessman, to see a property in Bel Air. Maltas is no stranger to great wealth — she’s the daughter ...

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  • 22 Dec
  • The Real Deal
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GOP tax plan has people nervous about buying homes

From TRD New York: The new Republican tax plan has Americans concerned about becoming homeowners. A recent Realtor.com poll found that more than half of the 2,300 respondents said they were concerned or very concerned about buying a ...

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  • 22 Dec
  • The Real Deal
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Witkoff kick starts Fontainebleau project in Las Vegas after tax signing

Steve Witkoff and the Fontainebleau Developer and Donald Trump pal Steve Witkoff is racing ahead with the long-stalled Fontainebleau casino and resort in Las Vegas after hearing the president signed the tax bill into law Friday. He ...

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  • 22 Dec
  • The Real Deal
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Xceligent employee files class-action lawsuit against DMGT

Paul Zwillenberg (Credit: DGMT) From TRD New York: A former Xceligent employee filed a class-action lawsuit against the data company and its British parent, the Daily Mail and General Trust, over its abrupt closure and mass layoffs ...

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  • 22 Dec
  • The Real Deal
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