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Month: July 2018

Compass acquires San Francisco resi brokerage that did $2.3B in sales

San Francisco skyline with Robert Reffkin and Bob Dadurka Compass is forging ahead with its national expansion by acquiring Paragon, a 225-agent firm in San Francisco that closed $2.3 billion in sales last year. The deal, announced ...

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  • 09 Jul
  • The Real Deal
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These were the 5 biggest projects filed in LA during June

Carmel Partners’ Cumulus project and Geoffrey Palmer June saw some major projects around Los Angeles secure permits, with the five-biggest totaling 3.25 million square feet, all for multifamily properties. Coincidentally, all of the ...

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  • 09 Jul
  • The Real Deal
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The Real Deal LA’s latest issue hits stands this month!

The 2018 summer issue of The Real Deal LA will hit the streets in mid-July. Key coverage in this quarter’s magazine includes: · Introducing LA’s foot solders: The teams behind the county’s top resi brokers · Tracking the rising stars ...

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  • 09 Jul
  • The Real Deal
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CenterPoint Properties buys vacant warehouse near Gardena for $21M

CalPERS executive Bob Chapman and the property CenterPoint Properties, an Illinois-based industrial real estate firm, has purchased an industrial warehouse in the Harbor Gateway region, located near the South Bay, for $21 million. The ...

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  • 09 Jul
  • The Real Deal
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Atlas Capital scoops up office complex in Chatsworth

The Chatsworth Business Center Atlas Capital Group is spreading out in the Valley. The New York-based firm paid $41.3 million for the 214,000-square-foot Chatsworth Business Center in Chatsworth late last month, according to property ...

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  • 09 Jul
  • The Real Deal
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The average house price in San Fran rose by over $200K so far in 2018

Softbank CEO Masayoshi Son, left, at the launch of an app in 2011. (Credit: Danny Choo) If you’re looking to buy in San Fran, prices have just gone way, way up. Housing prices shot up a whopping $205,000 over the first six months of ...

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  • 08 Jul
  • The Real Deal
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Hostess heir Daren Metropoulos hosted July 4 rager at the Playboy Mansion

Sean John Combs and his children Christian and Justin. (Credit from left: David Shankbone, Getty) Despite the unclear future of the Playboy Mansion, its new owner hosted a raucous July 4th party, sort of like old times. The 29-room ...

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  • 08 Jul
  • The Real Deal
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Orange County houses worth millions expected to languish on the market

(Credit: Pixabay) Sellers of million-dollar homes should prepare to sit tight. According to data from Reports on Housing, Orange County houses that are listed over $1.25 million make up about a third of the housing stock online yet ...

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  • 07 Jul
  • The Real Deal
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LA is the top city Chinese buyers want to invest and live in, NYC comes second

(Credit: Pixabay) Out of any city in the world, Chinese buyers like Los Angeles the best. Based on a recent survey of high-worth Chinese individuals looking to emigrate, LA ranked the best globally with New York City coming in second. ...

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  • 07 Jul
  • The Real Deal
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This week in celeb real estate: Rob Lowe lists in Montecito, home of Frank Sinatra’s late ex-wife renting for $110K…and more

Rob Lowe and Sheryl Berkoff with Barbara Sinatra and the home (Credit: Barbara Sinatra Children’s Center Getty Images, Public Domain Pictures) In Montecito, actor Rob Lowe and his wife Sheryl Berkoff put a 3.4-acre property on the ...

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  • 07 Jul
  • The Real Deal
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