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Month: April 2018

CoStar is prepared to sic the lawyers on 30,000 “freeloaders”

Andrew Florance and 1331 L Street, NW in Washington, DC CoStar Group, which brought its vast financial resources to bear in bringing the guillotine down on arch-rival Xceligent, now plans to go after “freeloaders” who access its ...

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  • 24 Apr
  • The Real Deal
  • Uncategorized
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Don’t look now DTLA, but here comes another co-working company

Office space in Brunswig Square at 356-374 E 2nd St (Credit: Pixabay, Brunswigsquare.la) The co-working company Centrl Office has inked a deal at Brunswig Square in Little Tokyo, adding to the recent flurry of co-working companies ...

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  • 24 Apr
  • The Real Deal
  • Uncategorized
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Snap Inc.-occupied Venice properties hit market as part of portfolio asking $80M

Evan Spiegel with Gingerbread Court (Credit: Pixabay, Wikimedia Commons) Just as Snap Inc. prepares for its big Venice exit, one of its landlords is following suit. A mixed-use portfolio comprised of 10 buildings, or 22,200 square ...

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  • 24 Apr
  • The Real Deal
  • Uncategorized
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These high-flying brokers are the top agents in LA County

Bel Air’s 900 Stradella Avenue went for $41 million shortly after broker team James Harris and David Parnes of the Agency held a brandy tasting and seven-course dinner for 30 potential buyers and brokers. Multi-course dinners, brandy ...

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  • 24 Apr
  • The Real Deal
  • Uncategorized
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Luxury condo developers could benefit from tax provision meant for low earners

(Credit: Pixabay) A provision in the new tax law that was designed to help spur economic development in low-income neighborhoods could be exploited by real estate developers who want to build luxury condominiums. The little-known ...

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  • 24 Apr
  • The Real Deal
  • Uncategorized
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Meriwether, Singerman snag $46M refi of Griffin Club in Cheviot Hills

Griffin Club Los Angeles Exteriors A partnership between Meriwether Companies and Singerman Real Estate has landed a $46 million financing on the Griffin Club, a recently renovated, members-only club in Cheviot Hills. Private lender ...

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  • 23 Apr
  • The Real Deal
  • Uncategorized
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In affordable housing-starved LA, rent control law may get an overhaul

An apartment building in Los Angeles and Mayor Eric Garcetti (Credit: Rod Ramsey via Flickr) Affordable housing advocates in Los Angeles said they have enough signatures for a ballot referendum in hopes of overturning state-level rent ...

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  • 23 Apr
  • The Real Deal
  • Uncategorized
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Home-flipping startup OfferPad ends partnership with Zillow

Offerpad’s Brian Bair and Zillow’s Spencer Rascoff OfferPad, a home-flipping startup, has severed ties with Zillow after the online listings giant announced it would begin buying houses and reselling them — the exact service offered by ...

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  • 23 Apr
  • The Real Deal
  • Uncategorized
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Warner Bros. renews 456K sf lease in Burbank

Office building with WB Executive Kevin Tsujihara Warner Bros. is renewing its 456,000-square-foot lease at Studio Plaza, a Douglas Emmett-owned office building in the Burbank Media District, The Real Deal has learned. The building is ...

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  • 23 Apr
  • The Real Deal
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Existing home sales rose in US for second consecutive month

(Credit: Getty Images) Resales in the U.S. increased in March, the second consecutive month of positive growth. Sales of existing homes increased by 1.1 percent last month to hit a seasonally annual rate of 5.6 million, according to ...

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  • 23 Apr
  • The Real Deal
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