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Month: December 2018

LA gentrification strongest near Downtown transit-oriented developments: report

Paul Ong, Director of the Center for Neighborhood Knowledge at UCLA and a Metro Gold Line train at the Little Tokyo/Arts District station Gentrification and rising rents in Los Angeles County are most pronounced near transit stations, ...

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  • 24 Dec
  • The Real Deal
  • Uncategorized
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Zillow Offers expanding to Dallas

Zillow’s Spencer Rascoff and the Dallas skyline It’s sort of like the “Dallas Buyers Club,” but without Matthew McConaughey. Zillow has tapped the Texas city as the latest market for its iBuyers line of business, Inman News reported. ...

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  • 23 Dec
  • The Real Deal
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Trump Organization could take financial hit from latest rate hike

Donald Trump and Chicago Trump Tower (Credit: Getty Images and iStock) The Federal Reserve’s decision to raise rates this week could cost the Trump Organization an extra $1 million in borrowing costs. The organization has seen the ...

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  • 22 Dec
  • The Real Deal
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Michael Keaton lists 19-acre ranch in Summerland, CA

Michael Keaton (Credit: Flickr) Actor Michael Keaton is listing his sprawling Santa Barbara County ranch for $8.7 million. Keaton’s 19-acre ranch in Summerland is an equestrian paradise with access to nearby riding trails, according to ...

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  • 22 Dec
  • The Real Deal
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California Supreme Court clears final roadblock for Target in East Hollywood

Target and Mitch O’Farrell (Credit: Getty Images) Call it the big Target that could. A six-year struggle to complete a 200,000-square-foot Target superstore in East Hollywood appears to finally be over. Earlier this month the ...

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  • 22 Dec
  • The Real Deal
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San Fran property owner who demolished Neutra-designed home must rebuild exact replica

Richard Neutra (Credit: Wikipedia and Pintrest) If you tear it down, sometimes you must build it back. San Francisco city officials have ordered a resident who illegally demolished his home designed by architect Richard Neutra to ...

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  • 22 Dec
  • The Real Deal
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This week in celeb real estate: Chainsmokers DJ picks up another home, Tommy Lee drops his asking price.. and more

From left: Tommy Lee and Drew Taggert (Credit: Getty Images) With the holidays looming, the wheels of celebrity real estate slowed considerably, with only one trade recorded above $10 million. That lone purchase came at the ...

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  • 21 Dec
  • The Real Deal
  • Uncategorized
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Calling all agents: Reality show casts wide net for “beach junkie realtors”

(Credit: iStock) Know any young, hot brokers who specialize in selling beachfront real estate and are “beach junkies?” A new reality show is looking for “young, attractive, fun” real estate agents who not only sell beachfront real ...

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  • 21 Dec
  • The Real Deal
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FBI probing 2 real estate figures related to Councilmember Jose Huizar’s alleged misconduct

Councilmember Jose Huizar and the Grand Avenue project (Credit: Flickr) The Federal Bureau of Investigation is looking into embattled Los Angeles City Councilmember Jose Huizar’s interactions with two real estate figures in L.A. ...

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  • 21 Dec
  • The Real Deal
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Here are the LA County’s top five retail investment sales of 2018

The top sale of 2018 was LVMH’s $245M purchase of this storefront on Rodeo Drive The biggest retail investment trades in Los Angeles this year were one of two kinds of property — prime Rodeo Drive storefronts or large retail parks with ...

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  • 21 Dec
  • The Real Deal
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