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Month: June 2018

Montecito mudslides fuel home sales in a sleepy Santa Barbara suburb

(Credit: HopeRanch.org) When the mudslides devastated Montecito, many of its residents were left without their homes and possessions. Some drove south to places like Malibu in Los Angeles for its proximity. Others, as it turns out, ...

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  • 14 Jun
  • The Real Deal
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Nonbank mortgage lending skyrockets in Q1: report

(Credit: iStock) Nonbank mortgage lending jumped nationwide in the first quarter of 2018 as some of largest banks continued to show sharp declines in home mortgages originations, a new report shows. Mortgage companies such as ...

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  • 14 Jun
  • The Real Deal
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Resi experts discuss LA’s state of the high-end housing market at TRD’s forum

Josh Flagg, Nick Segal Beth Styne, James Harris, Ernie Carswell  and Alexei Barrionuevo What happens when you put three high-end brokers (two of which are on reality television) and two C-suite executives in a room together? Apparently ...

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  • 14 Jun
  • The Real Deal
  • Uncategorized
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Chinese EB-5 investors in major New York developments want their millions back

Renderings of 701 Seventh Avenue and 702 TSX Broadway and One Wall Street (Credit: ArX Solutions and Wikipedia) When eager Chinese citizens invested in the Times Square Edition Hotel through the EB-5 visa program roughly four years ...

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  • 14 Jun
  • The Real Deal
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Sandstone doubles down in Warner Center with 610-unit project

6400 Canoga Avenue in Warner Center Sandstone Properties is back at work in Warner Center with plans for a major residential project, its second of the year there. The Westwood-based firm wants to build two residential towers — one 25 ...

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  • 14 Jun
  • The Real Deal
  • Uncategorized
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Mixed-use hotel and resi complex planned for Pico-Robertson

6075 W. Pico Boulevard A Beverly Hills developer wants to build a mixed-use hotel and apartment building in Pico-Robertson. City documents show plans for a 110-key hotel, 45 residential units, and a 3,800-square-foot restaurant at 6075 ...

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  • 14 Jun
  • The Real Deal
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DTLA leaders talk future of city’s urban hub at TRD forum

From left: Rachel Zanetos, Ricardo Pagan, Mike Leipart, Matthew Ahrens, Mike Akerly and Hiten Samtani (Credit: Heather Grossmann) Massive mixed-use projects like Metropolis and Angels Landing are helping to transform Downtown Los ...

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  • 14 Jun
  • The Real Deal
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Sam Zell said another inappropriate thing about women: report

Sam Zell (Credit: Getty Images) After apologizing for using a vulgarity to talk about female employment, news has surfaced that Sam Zell said another offensive thing about women earlier this year. Zell, 76, spoke at a panel discussion ...

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  • 13 Jun
  • The Real Deal
  • Uncategorized
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Keyed up: Champion boosts number of hotel rooms at planned Hollywood complex

Champion founder and CEO Bob Champion Amid a boom in hotel development in Hollywood, Champion Real Estate has changed its plan on a large mixed-use project it its building at 6220 Yucca Street. The Los Angeles-based firm is adding more ...

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  • 13 Jun
  • The Real Deal
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Ocean West picks up Hollywood’s Taft Building for $70M

1680 Vine Street and Ocean West Capital Partners Principal Russ Allagrette A 12-story office building that once housed comedian Charlie Chaplin’s production offices has traded for around $70 million. Ocean West Capital Partners ...

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  • 13 Jun
  • The Real Deal
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