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Month: March 2018

Douglas Elliman hires 2 co-founders of defunct Mercer Vine

From left: Kyle Giese, Justin Mandile, Adam Rosenfeld, Stephen Kotler (Credit: Wikimedia Commons) The saga of Mercer Vine appears to have come to an end. Adam Rosenfeld and Kyle Giese, co-founders of the shuttered boutique brokerage, ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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Lawsuits claim shell companies fabricated home property deeds

(Credit: Pixabay) In separate lawsuits, a handful of shell companies that trace to Los Angeles are being sued for creating phony property deeds, posing as the owners of distressed homes. The fabricated deeds were mainly for ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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WeWork is going to give Cushman, CBRE and JLL agents bigger commissions

From left: Adam Neumann, Mary Ann Tighe, John Santora, and Peter Riguardi WeWork is opening its wallet to give office brokers bigger cuts if they fill coworking spaces. The $20 billion startup signed agreements with CBRE, Cushman ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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Trump Organization out at branded hotel and tower in Panama City

The Trump Ocean Club International Hotel in Panama City (Credit: Wikimedia Commons) A week-long legal battle over control of a Trump Organization-run hotel in Panama that included physical altercations has come to a dramatic end. On ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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Jamison digs deeper into Koreatown

Jamison’s Maya building at 535 South Kingsley Drive Jamison Properties just crossed a milestone. The Koreatown developer just completed its first ground-up construction project on its home turf. It is the first of four the company ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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Can a blockbuster cameo help sell a building? Hollywood’s down to try

Seattle at dusk. (Credit from bottom: Cacophony, Mike Mozart) Buildings in Seattle, Los Angeles and New York are getting their close-ups on the big screen, but whether starring roles translate into real-life results is still up for ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: Former home of “American Idol” creator seeks $20M, Mariah Carey rents for $35K… and more

Simon Fuller and his former Beverly Hills home, Mariah Carey and the mansion (Credit: Zillow, IMDB, Wikipedia) The estate once home to “American Idol” creator Simon Fuller hit the market this week, asking a hefty $20 million. The ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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Garcetti says bill to address housing crisis doesn’t protect most vulnerable

Los Angeles Mayor Eric Garcetti (Credit: Wikimedia Commons, Pixabay) Los Angeles Mayor Eric Garcetti came out against a state bill that would encourage more housing construction within a half-mile of major transit lines, saying the ...

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  • 02 Mar
  • The Real Deal
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Cushman fires top exec Peter Hennessy

Peter Hennessy From TRD New York: Top Cushman & Wakefield executive Peter Hennessy was fired on Thursday. It wasn’t immediately clear why. “At Cushman & Wakefield, we believe in working collaboratively, displaying high ...

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  • 02 Mar
  • The Real Deal
  • Uncategorized
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CBRE files bombshell lawsuit against Richard Rizika, charging massive theft of files

From left: Mitchell Hernandez, CBRE Exec Bob Sulentic and Richard Rizika (Credit: Wikimedia Commons) CBRE filed a lawsuit in federal court alleging that Richard Rizika, a former vice chairman, stole proprietary information and trade ...

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  • 01 Mar
  • The Real Deal
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