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Month: March 2018

Timberlane Partners plans revitalized hotel in Silver Lake

Property at 4141 Santa Monica Boulevard in Silver Lake (Google Maps) The sun is just beginning to rise on Sunset Junction. Developer Timberlane Partners wants to open a 54-key hotel in Silver Lake, which will be the second hotel ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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LA County’s top 5 office investment sales of February

Lincoln Property Company Los Angeles County’s five largest office sales of February totaled about $432 million, and included a 21-story tower and 13-acre office and industrial park. Lincoln Property Company was responsible for the two ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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At WeWork, family matters – and pays

From left: Adam Neumann, Rebekah Neumann, Mark Lapidus, Arash Gohari, Granit Gjonbalaj, Adi Neumann and Albert Gjonbalaj In August 2015, Arash Gohari, co-founder of the real estate investment firm Xerxes Group, emailed friends and ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Brookfield signs Seyfarth Shaw in Figueroa at Wilshire in DTLA

Seyfarth Shaw’s Chairman and Managing Partner Peter Miller and Figueroa at Wilshire building International law firm Seyfarth Shaw inked a deal to occupy 58,000 square feet at Figueroa at Wilshire, a Brookfield Properties-owned building ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Not playing around: Toys R Us to shutter all 735 US stores

(Credit: Wikipedia, Max Pixel, Pixabay) The death of the once ubiquitous toy retailer Toys R Us is near, after the company announced it planned to close all of its 735 nationwide stores, ending months of efforts to salvage the iconic ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Cannabis-only coworking space coming to Hollywood

(Credit: Paragon Coin, Max Pixel) You could call it a green space. A company that wants to use the blockchain to legalize cannabis worldwide is creating a coworking space in Hollywood strictly for small companies and freelancers ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Here’s how much money Howard Lorber made in 2017

125 Greenwich Street, Madison Square Park Tower, 1 Seaport and Howard Lorber (Credit: Douglas Elliman and Getty Images) Douglas Elliman chief Howard Lorber earned $10.6 million last year — a modest drop following a year in which the ...

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  • 14 Mar
  • The Real Deal
  • Uncategorized
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A work of art: Frank Gehry chosen to design Downtown performing arts center

Frank Gehry, with Colburn School (Credit: Getty Images, Wikimedia Commons) Frank Gehry, Los Angeles’ famous and famously outspoken architect, has been tapped to design the campus extension for the performing arts Colburn School. Once ...

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  • 14 Mar
  • The Real Deal
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Alhambra group wants to limit developers’ influence in elections

Lowe’s (credit: Getty Images, Pixabay) Real estate and politics should not mix. At least that’s according to an Alhambra advocacy group, whose members want to limit the ability of real estate developers to influence future elections ...

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  • 14 Mar
  • The Real Deal
  • Uncategorized
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China’s housing market loses steam

Beijing, China China’s housing market is still growing, but the pace slowed down noticeably in the first two months of the year. The value of all home sales in January and February rose by 16 percent to $168 billion, according to ...

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  • 14 Mar
  • The Real Deal
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