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Month: June 2018

Western cities are struggling to stem the flow of Chinese buyers

(Credit: Free Stock Photos, Pixabay) As Chinese buyers flood the real estate market in Western cities, officials are seeking to curtail the trend — to no avail. Chinese investors drove an estimated $100 billion in property purchases ...

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  • 07 Jun
  • The Real Deal
  • Uncategorized
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Malibu pad built by actress Debbie Reynolds listed for $18M

Debbie Reynolds, with a property in Malibu (Getty/Redfin) A Malibu home where two late Hollywood greats once lived — actress Debbie Reynolds and producer-director Garry Marshall — went on the market for $18 million. Reynolds, the star ...

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  • 07 Jun
  • The Real Deal
  • Uncategorized
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Neighbors want the city to tear down Mohamed Hadid’s Bel Air spec home

901 Strada Vecchia and the two homes owned by the plaintiffs in the suit Mohamed Hadid’s Bel Air woes are not over. Four Bel Air residents are asking a judge to order Hadid to tear down his massive unfinished spec home, named the ...

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  • 07 Jun
  • The Real Deal
  • Uncategorized
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Membership-based T-shirt company signs office lease in Hawthorne

Co-founder and CEO Kristy Caylor and the property (Credit: For Days) A New York-based T-shirt company with a vision for sustainability is setting up shop in Hawthorne. For Days, which bills itself as an environmentally conscious ...

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  • 07 Jun
  • The Real Deal
  • Uncategorized
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Subscribe to TRD’s China Watch newsletter

As you’ve learned from The Real Deal’s reporting, Chinese players have been pulling out of the U.S. property market amid a government crackdown on capital flight. The news and views on what’s happening change constantly, so TRD ...

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  • 07 Jun
  • The Real Deal
  • Uncategorized
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Mixed-use tower with 27 stories proposed in Chinatown

A drawing of 942 North Broadway (Credit: Townline and Forme Development) A 27-story mixed-use tower could be on its way to a lot next to Chinatown’s Central Plaza. Vancouver-based developers Townline and Forme Development filed plans ...

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  • 07 Jun
  • The Real Deal
  • Uncategorized
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Real estate and the governor’s race: A look at California’s leading contenders and where they stand

Lt. Governor Gavin Newsom and businessman John Cox, with California State Capitol building (Flickr) The top two finishers of California’s election primary for governor both support building more housing and focusing on the state’s ...

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  • 07 Jun
  • The Real Deal
  • Uncategorized
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“I don’t think there’s ever been a, ‘We gotta get more p—- on the block, OK?’”: Sam Zell

Sam Zell (Credit: Getty Images) When Sam Zell was asked Wednesday about the highly charged topic of gender diversity and the #MeToo movement, he responded in a way that only Sam Zell would. The chairman of Equity Group Investments said ...

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  • 06 Jun
  • The Real Deal
  • Uncategorized
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Steve Lewis launches Beverly Hills boutique brokerage CORE

Steve Lewis and 924 Bel Air Rd Former Pacific Union agent Steve Lewis has launched his own brokerage, called CORE Real Estate Group, as a boutique alternative to larger brokerages in the Los Angeles market. CORE, which is based in ...

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  • 06 Jun
  • The Real Deal
  • Uncategorized
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Starpoint paying $200M for Wells Fargo-anchored complex in Beverly Hills: sources

Starpoint Executive Paul Daneshrad with the property Starpoint Properties is buying a Beverly Hills office building for roughly $200 million, The Real Deal has learned. Sources familiar with the deal said the investment firm already ...

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  • 06 Jun
  • The Real Deal
  • Uncategorized
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