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Month: April 2018

National Cheat Sheet: RE funds just raised the most cash in a Q1 since 2008, mortgage rates wallop homeowners … & more

Clockwise from top left: How corruption dogs Manhattan developments, a Turkish company accidentally ‘owns’ Grand Central, residential rents climb in Bay Area and a Miami development fights for its life in court. Real estate funds just ...

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  • 05 Apr
  • The Real Deal
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Controversial North Hills condo project clears key hurdle

9433 North Sepulveda Boulevard in North HIlls A 75-unit condo project in the San Fernando Valley neighborhood of North Hills has gotten the go-ahead despite community opposition. The 3-acre L-shaped condo will rise at 9433 North ...

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  • 05 Apr
  • The Real Deal
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LA’s niche co-working company craze: Can it last?

(Credit: Pixabay) In Los Angeles, where the entertainment and technology industries have bred an array of startups, co-working companies have also found their niche. Their selfie-covered walls, free-flowing Kombucha and dog-friendly ...

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  • 05 Apr
  • The Real Deal
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Buying a luxury home is getting pricier thanks to mortgage rate increases

The five-bed, six-and-a half-bath home at 9573 Lania Lane in Beverly Hills Incremental increases in mortgage rates are adding hundreds of dollars in monthly costs for homebuyers, particularly high-end homebuyers. The average monthly ...

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  • 05 Apr
  • The Real Deal
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Real estate funds just raised the most cash in a Q1 since 2008

345 Park Avenue (Credit: Rudin Management) New York’s real estate industry has plenty to worry about in early 2018, from rising interest rates to trade wars and a potential cyclical downturn. But strong private fundraising is an ...

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  • 05 Apr
  • The Real Deal
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Extreme makeover: Wells Fargo Center gets $60M atrium rehab

The Wells Fargo Center in Downtown LA UPDATED, April 5, 2:20 p.m.: Brookfield has decided it’s time for a dramatic makeover at Downtown’s Wells Fargo Center. The asset manager is spending $60 million to renovate its outdated atrium and ...

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  • 05 Apr
  • The Real Deal
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Free delivery! A roundup of LA real estate news, straight to your inbox

Sign up for The Real Deal‘s daily and weekly newsletters, which deliver critical news on the Los Angeles real estate industry. Every day we feature a mix of must-have market analysis, breaking deal news, inside info on what’s happening ...

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  • 05 Apr
  • The Real Deal
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The Real Deal turns 15

Barilan, Korangy and Elliott in the early days Mayor Bloomberg was helming City Hall. Apple was still four years off from debuting the iPhone. The country had just gone to war with Iraq. Donald Trump was just a brash developer about to ...

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  • 04 Apr
  • The Real Deal
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Frank Gehry and Wolfgang Puck team up on new LA project

Frank Gehry’s design for a new restaurant at the Gladstones site at Will Rogers State Beach in Pacific Palisades (Credit: supervisorkuehl) Architect Frank Gehry celebrated his 89th birthday a little over a month ago. But for Gehry, age ...

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  • 04 Apr
  • The Real Deal
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From correctional facility to housing complex: 750-unit Whittier project breaks ground

Rendering of The Groves (Credit: Brookfield Residential) Here’s a unique take on adaptive reuse. A Brookfield Residential and Lennar Corp. joint venture will break ground on a 75-acre mixed-use development in Whittier, which will take ...

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  • 04 Apr
  • The Real Deal
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