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Month: July 2018

Is Phoenix a better place to rent than New York?

Phoenix, Arizona (Credit: iStock) You might be able to rent a two-bedroom apartment in Detroit for $500. But are you getting the most bang for your buck? Not according to WalletHub. The personal finance services company’s “Best and ...

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  • 26 Jul
  • The Real Deal
  • Uncategorized
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Jamison proposes 227-unit apartment building in Koreatown

Jamison’s Jaime Lee and the parking lot on St. Andrews Place Jamison is at it again. The firm filed plans to build a 226-unit residential building in its home turf of Koreatown, adding to more than a dozen big projects it has underway ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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West Hollywood hotel, restaurant project gets design overhaul

An illustration of a proposed hotel, apartment, retail project for 8447 Santa Monica Blvd. as viewed from Sal Guarriello Park (Credit: MAD Architects) A West Hollywood hotel and restaurant project at the site of Barney’s Beanery is ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Geoffrey has left the building: Toys “R” Us hires advisory firm to sell US properties

(Credit: Wikimedia Commons) Toys “R” Us is bringing in Raider Hill Advisors to help sell off 284 stores, distribution centers and other properties around the country. The move comes four months after the once mighty toy retailer ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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China Vanke agrees to buy 5% stake in Cushman ahead of IPO

Cushman & Wakefield’s Brett White, 225 West Wacker Drive, and China Vanke’s Zhu Jiusheng (Credit: Hines and Getty Images) Ahead of its initial public offering, Cushman & Wakefield struck a deal to sell roughly 5 percent of ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Downtown’s Hoxton hotel facade uncovered

Hotel Hoxton by photographer Hunter Kerhart Restoration work on the façade of a future Hoxton hotel in Downtown is wrapping up. The British developer Ennismore has removed the safety netting on the 10-story building at 1060 S. ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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LA’s hotel boom continues despite rising construction costs: report

Hotel Indigo (Credit: Gensler) Hotel development, both in L.A. and across California, remained strong in the first half of the year, fueled by high occupancy rates and profitable revenue streams. In Los Angeles County, the number of ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Encino resi complex moving forward despite opposition

Rendering of a proposed residential building on 16161 Ventura Boulevard (Credit: LADCP) A 114-unit residential development in Encino is moving forward, despite strong opposition from residents over its proposed scale and impact on ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Here’s why it’s tough to flee high-tax states

Auditors peering into homes (Credit: iStock) People trying to flee steep taxes may find themselves stuck. High-tax states like New York make it difficult to leave, using aggressive methods to see whether people have really severed ties ...

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  • 24 Jul
  • The Real Deal
  • Uncategorized
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SoCal sales hit the wall amid high prices and low inventory

(Credit: Orange County Register) Sales in Southern California slowed significantly last month, likely a result of a tight market and record-high prices in the region. The region saw its slowest June in four years for home and condo ...

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  • 24 Jul
  • The Real Deal
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