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Month: February 2018

H&M inks lease for design office in CalEdison in DTLA

H&M CEO Karl-Johan Persson with the Cal Edison building (Credit: H&M Group, The Cal Edison) H&M Innovation Labs, which studies market insights and trends for the clothing brand, has inked a deal for 4,500 square feet in ...

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  • 15 Feb
  • The Real Deal
  • Uncategorized
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In new book, a Trump University “coach” describes a cabal of charlatans

“Trump U: The Inside Story of Trump University,” Stephen Gilpin and Donald Trump (Credit: OR Books) From TRD New York:  When self-described real estate expert Stephen Gilpin first arrived in Manhattan, he was a Quaalude-popping blue ...

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  • 15 Feb
  • The Real Deal
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CBRE tops Eastdil for highest deal total nationwide

CBRE President & Chief Executive Officer Bob Sulentic (Credit: CBRE, Pixabay) CBRE’s commercial brokerage unit took the top spot with more commercial deals nationwide than any other brokerage in 2017, beating out perennial ...

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  • 14 Feb
  • The Real Deal
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Blackstone Mortgage Trust grows portfolio to record $11B

Stephen Plavin Blackstone Mortgage Trust grew its loan portfolio by 16 percent to a record $11.1 billion amid strong lending in 2017. The mortgage real estate investment trust issued $1.2 billion in new loans in the fourth quarter and ...

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  • 14 Feb
  • The Real Deal
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All in the multifamily: How adaptive reuse allowed Jamison to become Koreatown’s top landlord

Jaime Lee, CEO of Jamison Realty and project Abbey In 2013, Jamison Services had to decide what to do with an aging office building on the edge of Koreatown, where the anchor tenant was moving out. The real estate firm, which had built ...

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  • 14 Feb
  • The Real Deal
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Major US cities saw sharp drops in new construction projects in 2017: report

Miami, NYC, and Los Angeles skylines (Credit: Max Pixel, Pixabay) Multifamily and commercial construction slowed in most major U.S. metro areas last year, according to a new report. Major declines in funding for new construction starts ...

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  • 14 Feb
  • The Real Deal
  • Uncategorized
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Nitin Motwani has 10 acres ready for Amazon. But will Bezos play ball?

Rendering of Miami Worldcenter with Jeff Bezos and Nitin Motwani (Credit: Getty Images) Amid the cacophony of cranes and construction crews at the 27-acre Miami Worldcenter in Overtown sits a swath of land, untouched. These are the 10 ...

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  • 14 Feb
  • The Real Deal
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Cary Grant’s former Santa Monica beachfront mansion lists

Vintage postcard of Cary Grant’s former home in Santa Monica (LMU)   A five-bedroom Santa Monica beach house with an impressive pedigree of former residents, most notably Hollywood legend Cary Grant, is on the market for $12 million. ...

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  • 14 Feb
  • The Real Deal
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Fannie Mae hopes to shed more than $1 billion of delinquent loans

Single family homes From TRD New York: Fannie Mae is planning to sell off more than $1 billion worth of loans that are not performing. The sale includes three larger pools of loans and two Community Impact Pools, which are generally ...

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  • 14 Feb
  • The Real Deal
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LA County’s top 10 investment sales in January

Waters Edge Campus in Playa Vista with Tyson Skillings of Rockwood (Credit: Rockwood Capital, Waters Edge) The top 10 investment sales deals in Los Angeles County in January totaled $753 million, according to figures compiled by Real ...

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  • 13 Feb
  • The Real Deal
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