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Month: December 2018

Here are the under 50-unit resi projects proposed in LA last week

(Credit: Google Maps and iStock) Los Angeles developers put in plenty of work before the holiday break this year, filing for number of projects around the city, big and small. Many of the projects filed for under 50 units in recent ...

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  • 27 Dec
  • The Real Deal
  • Uncategorized
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Home sales shrink in Southern California for 4th straight month

Home sales and price gains continued to tumble in November (Credit: iStock) The Southern California housing market continued its downward slide, after a fourth straight month of stalling sales numbers and tumbling price gains. A report ...

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  • 27 Dec
  • The Real Deal
  • Uncategorized
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Billionaires’ Row homeless shelter in NY temporarily put on hold

The Park Savoy Hotel at 158 West 58th Street (Credit: Google Maps) Mayor Bill de Blasio’s plans for a homeless shelter on Billionaires’ Row have hit a snag. Appellate Judge Jeffrey Oing granted a resident group’s temporary relief on ...

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  • 27 Dec
  • The Real Deal
  • Uncategorized
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California cannabis retail stuck in the weeds

(Credit: iStock) It turns out not all Californians are high on the idea of cannabis shops opening in their neighborhood. After voters approved Proposition 64, proponents projected thousands of storefronts and farms would be licensed, ...

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  • 27 Dec
  • The Real Deal
  • Uncategorized
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LA Kings Sign 10-Year Lease to Renovate and Manage Burbank Ice Rink

(Credit: Getty Images) The LA Kings hockey team will be giving some new shine to an old ice rink as part of a deal signed this month with Burbank entertainment complex Pickwick Gardens. The professional hockey team and sports facility ...

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  • 27 Dec
  • The Real Deal
  • Uncategorized
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Vantage Property Investors plans 135K sf office in Sawtelle

Vantage Property Investors CEO Ned Fox and 2255 S. Sawtelle Boulevard Vantage Property Investors is planning a 135,000-square-foot office building in West Los Angeles. A filing with the city calls for the demolition of two existing ...

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  • 27 Dec
  • The Real Deal
  • Uncategorized
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Here’s how much the CEOs at seven top public real estate firms made last year

Ryan Schneider, Christian Ulbrich and Owen Thomas Here’s how much the CEOs at seven top public real estate firms made last year. Marc Holliday SL Green Realty 2017 CEO income: $17.41 million Company median income: $57,508 While Marc ...

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  • 27 Dec
  • The Real Deal
  • Uncategorized
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Ground lease for 138-unit complex in Whittier sells to East Coast firm for $28M

Otto Ozen and Citrus Court (Credit: The Mogharebi Group) An East Coast firm has purchased a ground lease from The Bascom Group for the 138-unit Citrus Court community in Whittier. A source familiar with the matter told The Real Deal ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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Real estate firms flocked to Israel in search of cheap debt. Now the market’s turning.

The Tel Aviv Stock Market (Credit: Getty Images) After weeks of declines, defaults, and troubling disclosures, bonds issued by American real estate firms in Israel are falling at unprecedented rates. Over the weekend, the Tel Bond ...

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  • 26 Dec
  • The Real Deal
  • Uncategorized
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Elvis’ Honeymoon Hideaway Struggles to Find Buyer

Elvis Presley and 1350 Ladera Circle, Palm Springs (Credit: Getty Images and Scott Histed) A Palm Springs house where Elvis Presley honeymooned — and that Look Magazine once called the “House of the Future” — has struggled to find a ...

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  • 26 Dec
  • The Real Deal
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