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Month: January 2018

Here’s what loaded young home buyers really want

The 38,000-square-foot, 12 bedroom, 21 bathroom property 924 Bel Air For wealthy young buyers, bigger is better. According to a new report, buyers aged 25 to 50 (who are willing to shell out $1 million or more) don’t just want fancy ...

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  • 30 Jan
  • The Real Deal
  • Uncategorized
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These countries are pouring the most money into LA commercial real estate

1. Singapore ($2.26 billion) – Firms made hefty retail purchases in L.A. in 2015, including a $1.38 billion interest stake in the Lakewood Center mall and $873.5 million in the Los Cerritos Center. (Credit: Getty Images) 2. Qatar ...

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  • 30 Jan
  • The Real Deal
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Developer files latest plan for 300-unit residential project in Hollywood

The 293-unit SunWest development (credit: Withee Malcolm Architects) The proposed 293-unit SunWest residential project in Hollywood reached another milestone, as the developer, Reliable Properties, filed its final environmental impact ...

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  • 30 Jan
  • The Real Deal
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Singapore outspent China on US CRE in 2017

60 Wall Street and GIC’s Lim Chow Kiat (Credit: Paramount Group) As investment from Chinese investors dwindled last year, Singapore rose to be the largest Asian investor in U.S. commercial real estate. Data from Real Capital Analytics ...

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  • 30 Jan
  • The Real Deal
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All the home’s a stage: How a niche industry is boosting profits in the resi market

A $4.5 million home in the Pacific Palisades, staged by Modiano Design (Credit: Modiano Design, MaxPixel, Pixabay, Public Domain Photos) Just six days after taking on a Crestwood Hills listing, Nancy Osborne and Tami Pardee put it into ...

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  • 29 Jan
  • The Real Deal
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LA Memorial Coliseum renamed following $69M deal with United Airlines

Los Angeles Memorial Coliseum (Credit: Wikipedia) The Los Angeles Memorial Coliseum is getting a facelift, and a new name. The city landmark at 3911 South Figueroa Street will be renamed the United Airlines Memorial Coliseum following ...

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  • 29 Jan
  • The Real Deal
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Chinese developer Gemdale buys rental complex in Valencia

Jason Zhu and The Madison apartments at Town Center in Valencia (Credit: The Madison at Town Center, Gemdale USA) UPDATED, Monday, January 29, 2018, 3:30 p.m.: Gemdale USA acquired the Madison at Town Center apartments in Valencia for ...

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  • 29 Jan
  • The Real Deal
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Kushner business partner tapped as US ambassador to Chile

From left: Charlie Kushner, Andrew Gellert and 666 Fifth Avenue (Credit: Getty Images) The Trump administration tapped the son of a close business partner of the Kushner family to become ambassador to Chile. Andrew Gellert, president ...

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  • 29 Jan
  • The Real Deal
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Top 10 US malls haven’t gotten the memo that malls are dying

Sawgrass Mills (Credit: Ruth Hara via Flickr) The traditional American shopping mall may not be the retail powerhouse it once was, but the best properties in the sector are still delivering for tenants and landlords across the country. ...

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  • 29 Jan
  • The Real Deal
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This week in celeb real estate: Tom Petty’s former retreat seeks $5M, Playboy bunny Crystal Hefner lists her Bird Streets home… and more

Crystal Hefner and her Hollywood Hills home, Tom Petty and his stone retreat on Lake Sherwood (Credit: Realtor, Compass, Wikimedia Commons) Attention all Tom Petty fans. The home of the late rock star is listed for $5.5 million, just a ...

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  • 27 Jan
  • The Real Deal
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