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Month: December 2017

“Million Dollar Listing LA”: Great expectations

From left: Tracy Tutor Maltas, Josh Altman and Josh Flagg Well viewers, we’ve made it… to the midway point. We’ve successfully navigated the first half of Season 10 while witnessing our fair share of deal-making and drama. Here’s to ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Federal judge tosses emoluments lawsuit against Trump

The then-President-elect Donald Trump speaking at a news conference addressing conflicts of interest at Trump Tower on January 11, 2017 in New York City. (Credit: Getty Images) From TRD New York: A federal judge dismissed a lawsuit ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Barry Diller is now a majority investor in NeueHouse

Barry Diller, Diane Von Furstenberg and NeuHouse Madison From TRD New York: Barry Diller and Diane Von Furstenberg are the newest investors in co-working company NeueHouse. The power couple co-led a recent financing round in the ...

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  • 21 Dec
  • The Real Deal
  • Uncategorized
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LA-based investment firm allegedly swindled regional center out of EB-5 spoils: suit

Ace Hotel in Manhattan (Credit: Wikimedia Commons, Purple Slog) A Los Angeles-based firm that specializes in deploying EB-5 capital allegedly shut an Atlanta-based regional center out of profits made from marketing projects to Asian ...

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  • 20 Dec
  • The Real Deal
  • Uncategorized
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Spec home on site of Michael Bay’s former manse sells for $41M

Those are some seriously explosive views. A Bel Air mansion on a site formerly owned by big-budget action movie producer and director Michael Bay has sold for $41 million. The modernist manse originally designed by Jack Warner at 900 ...

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  • 20 Dec
  • The Real Deal
  • Uncategorized
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Adam Neumann complained to Jon Gray after Blackstone bet on rival: report

From left: Jonathan Gray, Shlomo SIlber and Adam Neumann From TRD NYC: Adam Neumann is not happy when his landlords partner with rival co-working companies, and he isn’t shy about letting them know. WeWork’s CEO criticized several ...

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  • 20 Dec
  • The Real Deal
  • Uncategorized
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How the new tax bill could negatively affect LA homebuyers

Los Angeles Skyline and Mitch McConnell (Credit: Wikimedia Commons) The changes to mortgage interest deductions in the $1.5 trillion tax reform bill passed by the Senate early Wednesday morning could hurt those buying in high-priced ...

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  • 20 Dec
  • The Real Deal
  • Uncategorized
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Malibu and Beverly Hills dominate LA’s most expensive neighborhoods

Edward Norton’s home The “Steven’s House” by John Lautner (Credit: The MLS, Wikimedia Commons) Surprise! Malibu and Beverly Hills were the most expensive places to buy in Los Angeles in 2017, according to a list of the 10 priciest ...

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  • 20 Dec
  • The Real Deal
  • Uncategorized
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Could Unibail’s Westfield deal pressure Simon Property Group to make a big buy?

Unibail Rodamco CEO Christophe Cuvillier and the Westfield mall at the World Trade Center From TRD New York: Unibail-Rodamco’s $15.7 billion bid to buy Westfield Corp. has the market buzzing about whether or not Simon Property Group ...

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  • 20 Dec
  • The Real Deal
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