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Month: July 2018

Architecture and design firms team up to address LA’s homeless crisis

A rendering from DLR Group and EPT Design’s project Los Angeles continues to try and come up with new ways to tackle its homeless crisis. In the latest version, the Urban Land Institute and six architecture firms have designed ...

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  • 30 Jul
  • The Real Deal
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Behind WeWork’s push to capture the elusive mid-sized tenant

David Fano and 15 West 27th Street (Credit: Google Maps) When WeWork started off in 2010, it made a name for itself as a solution for freelancers and small companies in search of a desk. In recent years, it started targeting big ...

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  • 30 Jul
  • The Real Deal
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Beverly Hills mansion originally built by Cher relists for $68M

Eddie Murphy, Cher and the home (Credit: David Shankbone and David Carroll via Flickr) A 14-acre estate formerly belonging to pop icon Cher and comedian-actor Eddie Murphy has been relisted for $68 million, a $17 million price chop ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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The $1B listing “that may be the end of real estate”

(Credit: Pixabay, Max Pixel) The Mountain of Beverly Hills is a property of superlatives: the highest point in the 90210 zip code, the most expensive listing in Los Angeles’ history and, perhaps, the most over-priced. With its $1 ...

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  • 29 Jul
  • The Real Deal
  • Uncategorized
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Half way between an Airbnb and hotel, meet the boutique apart-hotel

(Credit: Tydence Davis) A new cadre of hoteliers are championing the concept of apart-hotels, properties set up for longer-term stays, and they credit Airbnb with helping them see the light. Because of the short-term rental giant, the ...

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  • 28 Jul
  • The Real Deal
  • Uncategorized
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Going once, going twice… When auctions can be the best way to sell homes

(Credit: Pixabay) Despite stigma, some sellers are voluntarily stepping up to the auction block. For some, opting to auction their properties in order to salvage a sale after a listing has been on the market for longer than normal, ...

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  • 28 Jul
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: Ellen Degeneres unloads in Montecito, Michael Landon’s family home lists in Malibu… and more

Ellen DeGeneres and part of the estate, Ed Fishman and the home (Credit: celebrityabc via Flickr) This week a Montecito home traded from one Hollywood powerhouse to another. Comedian and talk show host Ellen DeGeneres sold her home to ...

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  • 28 Jul
  • The Real Deal
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Developer trading soap suds for mixed-use project in West Hollywood

Charles Tourtellotte with a rendering of 7617 Santa Monica Boulevard (Credit: City of West Hollywood) In West Hollywood, local developer LaTerra Development is making headway with its plans to replace a car wash on Santa Monica ...

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  • 27 Jul
  • The Real Deal
  • Uncategorized
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Closing costs can bust a homebuyer’s budget

In the emotional rush that precedes buying a home — negotiating contract details and price, beating away rival bidders, searching for the best mortgage deal — closing costs often aren’t a pressing concern. Yet what you pay at ...

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  • 27 Jul
  • The Real Deal
  • Uncategorized
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Miami luxury condo unit tied to $1B Venezuelan money laundering scheme: feds

Porsche Design Tower (Credit: Max Pixel) Federal prosecutors charged eight people on Wednesday in an alleged scheme to launder more than $1 billion embezzled from the Venezuelan state-owned oil company PDVSA, using Miami real estate ...

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  • 27 Jul
  • The Real Deal
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