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Month: March 2018

Rising housing development costs bad news for LA’s housing crunch: report

(Credit: Wikimedia Commons) Housing development fees, which cities impose on builders to help offset the impact of construction, have been steadily rising in California compared to the rest of the country, which has seen an slight ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: John Mayer snags Adam Levine’s home, film exec lists pad for $34M…and more

Roger Birnbaum, Adam Levine and the homes Here’s a new meaning to the game of musical chairs. “Gravity” singer John Mayer is now moving into Adam Levine’s former home in Beverly Crest. Mayer paid $13.5 million to the Maroon 5 frontman ...

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  • 17 Mar
  • The Real Deal
  • Uncategorized
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Are LA’s affordable housing developers getting priced out of the market?

Rendering of Weingart Center’s proposed towers (Credit: JWDA) Born in Los Angeles, Andre Bueno has called many places home. He eventually moved to the Midwest, where he became a developer of affordable housing and a principal at Bueno ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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Major shakeup at Compass: CFO and longtime CTO are leaving firm

From left: Robert Reffkin, Maelle Gavet, Craig Anderson and Liming Zhao Two of Compass’ key executives — chief financial officer Craig Anderson and longtime chief technology officer Liming Zhao — are leaving the $2 billion startup, the ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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LA County pension fund dips into distressed European real estate

Paris skyline (Credit: Wikimedia Commons) A pension fund representing 165,000 current and former Los Angeles County employees continues to diversify its investment strategy, with the latest move a $50 million infusion into distressed ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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Can Richard Meier’s projects be separated from the man?

Clockwise from top left: Richard Meier, One Waterline Square, 173-176 Perry Street, 165 Charles Street and the Getty Center When an actor is accused of groping, an audience can boycott his movies. When a politician engages in lewd ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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Movie mogul Roger Birnbaum lists Beverly Hills home for $34M

Roger Birnbaum and the estate in Beverly Hills (Credit: IMDB, WeAHomes) Roger Birnbaum, a studio producer and executive, is seeking a deep-pocketed buyer for his 8,000-square-foot home in the Trousdale Estates neighborhood in Beverly ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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National Cheat Sheet: The West Coast dominates US crane count, Zillow’s market cap passes $10B … & more

Clockwise from top left: Sotheby’s International CEO Phillip White, one of the 10 buildings at New York’s Essex Crossing megaproject, Frank Gehry has been tapped to design a performing arts center in Los Angeles, and Wynn Resorts ...

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  • 16 Mar
  • The Real Deal
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LA has more five-star hotels than Bangkok, Shanghai: report

Intercontinental Hotel at Wilshire Grand (Credit: Wikimedia Commons) Los Angeles ranked sixth worldwide by number of five-star hotels, beating cities like Bangkok and Shanghai. California’s most populous city had 39 five-star hotels at ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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Here’s what we know about the Florida bridge that collapsed

From left to right: Raul Munilla, Juan Munilla, Jorge Munilla, Lou Munilla, Fernando Munilla and Pedro Munilla From TRD Miami: A prominent Cuban-American, family owned construction business headed by an FIU graduate built the ill-fated ...

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  • 15 Mar
  • The Real Deal
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