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Month: October 2018

Move over, Masa: Century-old estate hopes to best Softbank chief’s record buy

From left: Masayoshi Son, Green Gables (Credit Getty Images, The Gamble House, USC; overlay Pixabay) A historic estate is seeking to break the record for the priciest sale in the Bay Area. The 74-acre property was purchased over a ...

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  • 20 Oct
  • The Real Deal
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LA business owners hope “LeBron effect” will be a slam dunk for their bottom lines

LeBron James and the Los Angeles skyline (Credit: Getty Images, iStock) UPDATE, Saturday, October 20, 2018, 9:43 a.m.: As LeBron James kicks off his first season as a Los Angeles Laker, bar and restaurant owners in Downtown Los Angeles ...

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  • 20 Oct
  • The Real Deal
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This week in celeb real estate: A Hollywood scion’s manse lists for $125M, Drake nabs Hidden Hills home… and more

Top: Casseu Wasserman and the Foothill Estate; Bottom: Michael and Eva Chow and a Google Maps image of South Mapleton Drive There was an onslaught of new listings this week, ranging from $4 million all the up…to $125 million. A ...

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  • 20 Oct
  • The Real Deal
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Editor’s note: Land of Opportunity?

Heidi Patalano To riff on a famous saying: When capital controls close one door, somewhere the government opens a window. That’s what may be happening with the new federal Opportunity Zones program, created at a time when another ...

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  • 19 Oct
  • The Real Deal
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LA’s biggest construction permits in September

MGA Entertainment Isaac Larian with renderings of 24 (Uncommon) The biggest construction permits in Los Angeles for September included a hotel in Hollywood and two airport properties. Developers secured permits valued at $102.8 million ...

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  • 19 Oct
  • The Real Deal
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National Cheat Sheet: SoftBank share prices sink, Sears files for bankruptcy … & more

Clockwise from top left: Softbank share prices sink as Saudi Arabia is implicated in Jamal Khashoggi’s death, Sears files for bankruptcy protection, Microsoft co-founder Paul Allen dies at 65, and Americans find renting a home to be ...

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  • 19 Oct
  • The Real Deal
  • Uncategorized
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Lockton Cos. inks lease for new office at 777 Tower

Lockton CEO Tim Noonan with 777 Tower (Brookfield) Insurance brokerage giant Lockton Companies is moving from one Downtown Los Angeles office tower to another. The firm, among the largest privately-held insurance brokerage companies, ...

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  • 19 Oct
  • The Real Deal
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SEC charges law firm with EB-5 fraud scheme

The SEC is accusing an San Jose law firm of running a fraudulent EB-5 scheme. (Credit: iStock) The federal government has charged a Northern California law firm with running a fraudulent EB-5 scheme that generated more than $10 million ...

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  • 19 Oct
  • The Real Deal
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Mark your calendars: These are LA’s upcoming real estate events

There are two upcoming real estate events in Los Angeles: On Oct. 29, the 7th Annual Toigo Real Estate Dinner will take place from 6:30 p.m. to 9:30 p.m. at Toscanova, 10250 Santa Monica Boulevard. The Toigo alumni will host a night of ...

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  • 19 Oct
  • The Real Deal
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The crypto conundrum

  (Illustration by Andrew Colin Beck)   At Consensus 2018 — a conference where cryptocurrency die-hards convened to plot the future of blockchain — two pioneers in the budding industry battled over whether the encrypted database ...

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  • 19 Oct
  • The Real Deal
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