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Month: May 2018

Barings scoops up warehouse property in Chinatown, home to LA Recycling Center

1000 N. Main Street Barings picked up a warehouse property in Chinatown for $14.6 million, according to property records. The 2.4-acre site at 1000 N. Main Street is home to the L.A. Recycling Center, which appears to be owned by the ...

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  • 08 May
  • The Real Deal
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Knock, knock: High-tech doorbell-maker Ring relocates to Hawthorne

Ring founder and CEO Jamie Siminoff, with the property at 12515 Cerise Avenue (Flickr/Loopnet) As Snapchat consolidates its operations in Santa Monica, another tech startup is packing up shop in search of lower rents. Ring, a smart ...

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  • 08 May
  • The Real Deal
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These cities around LA County could cause major problems for Airbnb

Airbnb has been shackled or shut out of a number of cities in Los Angeles County, but that hasn’t stopped the growth of the home-sharing industry in the City of Angels. In some cities, like Santa Monica, sneaky hosts have made Airbnb ...

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  • 07 May
  • The Real Deal
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Here’s who’s buying Australian developer Westfield and what it means for malls

Westfield Sydney. (Credit from back: Mw12310/Wikimedia Commons, Nick Youngson) Westfield’s soon-to-be buyer, Unibail-Rodamco, is making moves on American shopping malls. The European retailer owns a $52 billion portfolio in Europe and, ...

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  • 07 May
  • The Real Deal
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LA bests Manhattan as top US spot for institutional capital

Los Angeles skyline (Credit: Public Domain Pictures) In the never-ending battle between Los Angeles and New York, give another round to L.A. The city led the nation last year with the highest level of institutional capital invested, ...

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  • 07 May
  • The Real Deal
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SiriusXM inks deal at CIM Group’s under-construction Hollywood building

SiriusXM chief executive James Meyer, and a rendering of the office building at 953 N. Sycamore Ave. Satellite radio giant SiriusXM has signed a deal for its West Coast headquarters at 953 Sycamore, an under-construction CIM Group ...

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  • 07 May
  • The Real Deal
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UK developer pays $127M for Marina del Rey hotel

Hotel MdR at 13480 Maxella Avenue A U.K.-based developer has splashed down in Marina del Rey. London & Regional Properties bought the Hotel MdR this month from Channel West Group for $127 million, according to CoStar. The 238-key ...

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  • 07 May
  • The Real Deal
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Pizza will be served: Inside Travis Kalanick’s real estate revolution

Travis Kalanick and 1842 W. Washington Boulevard, the CloudKitchens site (Credit: Joshua H. via Yelp, Forbes, Pixabay) Covered in a mural and located across from a cemetery, a block-long single story warehouse in Pico-Union could ...

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  • 07 May
  • The Real Deal
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Special counsel Robert Mueller interviews Colony NorthStar’s Thomas Barrack

From left: Special counsel Robert Mueller, Colony NorthStar chair Thomas Barrack. (Credit: The White House, Getty Images) Thomas Barrack has been drawn into special counsel Robert Mueller’s ongoing federal investigation. The chair of ...

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  • 06 May
  • The Real Deal
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This week in celeb real estate: A billionaire lists for $165M, T Swift sells off-market…and more

Bill Bell Jr. and Maria Arena Bell with the property, Steven Udvar-Házy and the property  (Credit: Getty Images, William Hablinski, Wikipedia) Steven Udvar-Házy and his wife Christine made headlines this week for their chart-topping ...

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  • 05 May
  • The Real Deal
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