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Month: March 2018

Here’s what Crossroads Hollywood megaproject looks like

Three years ago, developers filed plans for the the massive mixed-use complex known as Crossroads Hollywood. The complex would transform Los Angeles’  storied Crossroads of the World, considered the country’s first outdoor shopping ...

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  • 29 Mar
  • The Real Deal
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Don’t look now, but Warren Buffett is the No. 2 broker in the country

Warren Buffett (Credit: PxHere, Pixabay, Wikimedia Commons) The “Oracle of Omaha” is climbing the broker ranks. At least his company is. Warren Buffett’s residential brokerage HomeServices of America has grown to become the ...

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  • 29 Mar
  • The Real Deal
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Louis Vuitton parent company drops $110M for Rodeo Drive store

456 N Rodeo Drive and CEO of Louis Vuitton Moët Hennessy, Bernard Arnault (Credit: Wikimedia Commons) Louis Vuitton Moet Hennessy paid $110 million for a one-story building along Rodeo Drive in Beverly Hills, the company’s second large ...

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  • 29 Mar
  • The Real Deal
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Co-working firm work well win plants flag in Santa Monica

1201 Third Street Promenade, former home of Barnes & Noble A co-working company started by a former WeWork executive signed a lease for the shuttered Barnes & Noble bookstore on the Third Street Promenade in Santa Monica, ...

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  • 29 Mar
  • The Real Deal
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Skin in the game: Real residential brokerage will offer agents equity pay bonuses

Tamir Poleg, CEO of Real (Credit: IRA and Real) Real, a tech-focused residential sales brokerage, plans to launch an equity-based bonus pay package for its agents later this year, The Real Deal has learned. Agents at the online ...

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  • 29 Mar
  • The Real Deal
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City advances 99-key Koreatown hotel but wait, there’s more

966 Dewey Avenue Not long after the city granted a development partnership conditional approval for its 99-key hotel in Koreatown, the project hit a snag. It was a neighbor. The resident, David Kim, filed an appeal citing parking, ...

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  • 28 Mar
  • The Real Deal
  • Uncategorized
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Millennials on average spend 45% of their income on rent

Millennials (Credit: State Farm via Flickr) Residential Rentals | RentCafe Millennials are more rent-burdened than Gen-Xers and baby boomers. According to an analysis of census data going back to 1974, economic conditions are harsher ...

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  • 28 Mar
  • The Real Deal
  • Uncategorized
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Another NY-based co-working company is going Hollywood

The campus at 959 Seward Avenue, Serendipity Labs CEO John Arenas (credit: JLL) No, it’s not WeWork. Serendipity Labs Coworking, which like its bigger rival is also based in New York, has signed a lease at the Hollywood 959. It marks ...

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  • 28 Mar
  • The Real Deal
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Challenges ahead for Trump Realty as it prepares to expand in South Florida

Trump International Realty opened offices on two Trump-owned golf courses, in Jupiter (pictured) and in Doral, in 2012. From TRD Miami’s spring issue: These days, when a Trump family member speaks, the world must listen. So, when the ...

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  • 28 Mar
  • The Real Deal
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NFL Media is moving to Inglewood’s Hollywood Park development

NFL Media exec Roger Goodell, Inglewood stadium (Credit: HKS Architects, Wikimedia Commons) Just a few months after extending a lease in Culver City, NFL Media announced it is opening a new facility in Inglewood. The company will build ...

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  • 28 Mar
  • The Real Deal
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