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Month: March 2018

Entity tied to Greenland USA sues lawyer for alleged EB-5 scheme at Metropolis

Metropolis project in Downtown Los Angeles (Metropolis LA) A Los Angeles lawyer and his one-person firm are being sued for allegedly tricking a financial services company that manages the EB-5 visa program of the $1 billion Metropolis ...

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  • 22 Mar
  • The Real Deal
  • Uncategorized
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Holland Partner plans 271-unit complex in Long Beach

(Credit: Holland Partner Group) Residential developer Holland Partner Group is expanding its Los Angeles portfolio with plans for a 271-unit complex in Downtown Long Beach. The Vancouver, Washington-based company has had several ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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The Real Deal LA’s spring issue is coming this April!

Spring is almost here and so are the rankings of the top luxury brokers in L.A. County in The Real Deal’s newest issue out this April. This is a must-read for anyone in real estate in Southern California. Other key features include: – ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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Fed raises short-term interest rates; signals more hikes on horizon

Jerome Powell, Federal Reserve Chairman The Federal Reserve voted to raise short-term interest rates by a quarter of a percent, citing a strong economy, and signaled more hikes were on the horizon this year. The Fed’s decision to raise ...

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  • 21 Mar
  • The Real Deal
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Steel prices climb nationwide as real estate industry braces for tariffs

Donald Trump (Credit: Wikimedia Commons, Pixabay, PxHere) President Trump’s controversial tariffs on steel and aluminum imports haven’t taken effect yet but they are already having an impact on commercial real estate across the ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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They first targeted the brokers. Now Zillow’s looking to make a buck off developers

Spencer Rascoff Zillow Group has quietly started charging builders and their agents for listings that were previously free on its website, causing some agents to worry what revenue stream the company may try to tap next. Homebuilders, ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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Workspace provider continues expansion in Long Beach

Jeff Reinstein, CEO of Premier, with Park Tower Irvine-based Premier Business Center, a flex workspace provider, has inked a five-year lease for the second floor at Park Tower in Long Beach. The firm will take roughly 17,300 square ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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A successful courtship: Tennis Channel moving into former IMAX digs in SaMo

Tennis Channel’s CEO Ken Solomon, with Lantana Center in Santa Monica (Lantana) Tennis Channel is in advanced discussions to lease roughly 50,000 square feet at the Lantana Center in Santa Monica, The Real Deal has learned. The network ...

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  • 21 Mar
  • The Real Deal
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City officials select market-rate housing proposal for vacant South LA site

The South Los Angeles lot A mixed-use development with 160 market-rate units could rise on a South Los Angeles lot that has sat vacant for nearly a quarter-century. Earlier this month, the city’s Economic and Workforce Development ...

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  • 20 Mar
  • The Real Deal
  • Uncategorized
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Second property secured, developer plans 80-key hotel in Koreatown

Google map of 8th Street and Mariposa Avenue Two years ago, Dmh Investment Group paid about $6 million for a property along South Mariposa Avenue, a few blocks from the Equitable Life Building in Koreatown, amid the neighborhood’s ...

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  • 20 Mar
  • The Real Deal
  • Uncategorized
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