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Month: January 2019

Join The Real Deal’s Opportunity Zones workshop at Future City 2019

One of the key architects of the Opportunity Zone legislation, Steve Glickman, will join Skybridge Capital’s Anthony Scaramucci and Youngwoo & Associates’ Young Woo, among others, at The Real Deal‘s Future City 2019 for a workshop ...

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  • 16 Jan
  • The Real Deal
  • Uncategorized
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Fully leased C3 campus in Culver City seeks $280M

From left: IDS’ CEOs David G. Mgrublian and Murad Siam, and PNC Chairman William Demchak, with the C3 campus in Culver City A newly built office campus leased to a mix of tech and entertainment tenants has hit the market, the third ...

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  • 16 Jan
  • The Real Deal
  • Uncategorized
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WeWork continues mid-size tenant push with 4 new Manhattan outposts

Clockwise from top left: 49 West 27th Street, 185 Madison Avenue , 546 Fifth Avenue, 29 West 30th Street (Credit: Google Maps) WeWork has signed a handful of new leases for its growing mid-size tenant business. HQ by WeWork, which ...

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  • 16 Jan
  • The Real Deal
  • Uncategorized
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Santa Clarita Studios leases 109K sf in Valencia

The cast of Melrose Place A production company that built the studios where the original “Melrose Place” filmed has found a new location for its growing operation. Santa Clarita Studios has expanded its presence in the Santa Clarita ...

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  • 16 Jan
  • The Real Deal
  • Uncategorized
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Chinese investor pays $41M for El Monte apartments

Benedict CEO Ryan Somers and 4608–4640 Arden Way, marketed as “The Parker” A Chinese developer has paid big money for a curiously situated apartment complex in El Monte. Uhon, Inc., a private equity firm tied to Chinese home builder ...

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  • 15 Jan
  • The Real Deal
  • Uncategorized
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German co-living company raises $300M for US expansion

Medici Living Group CEO Gunther Schmidt and a Quarters living space A German company is attempting to force its way into the ever-tightening co-living industry. Medici Living Group raised $300 million as part of a joint venture with ...

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  • 15 Jan
  • The Real Deal
  • Uncategorized
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Scaramucci and EJF Capital split on $3B Opportunity Zone fund

Anthony Scaramucci and Manny Friedman Anthony Scaramucci’s SkyBridge Capital has split up with EJF Capital on the firms’ planned $3 billion Opportunity Zone fund. The reasons for the split were not immediately clear, and SkyBridge ...

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  • 15 Jan
  • The Real Deal
  • Uncategorized
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Rodeo Refi: Properties on iconic Beverly Hills street land $160M loan

Rodeo Drive storefronts After notching some of the biggest retail sales of 2018, Rodeo Drive has started off strongly in 2019. Two storefronts along the coveted Beverly Hills corridor, amounting to 28,114 square feet, were refinanced ...

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  • 15 Jan
  • The Real Deal
  • Uncategorized
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Tracy McLaughlin leaves Compass to lead new Agency office

Tracy McLaughlin (Credit: Twitter) Seeking a return to “intimacy,” Pacific Union trailblazer Tracy McLaughlin has left Compass for the Agency. McLaughlin, a top-producing agent in Northern California, confirmed she will open a new ...

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  • 15 Jan
  • The Real Deal
  • Uncategorized
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Directors cut: Price chopped to $19.5M for ‘Dynasty Mansion’ in Pasadena

1145 Arden Road, officially called the Arden Villa (Credit: Zillow and iStock) In another sign of a cooling trend in celebrity homes, a Pasadena mansion used by the iconic 1980s show “Dynasty” has slashed its asking price by nearly a ...

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  • 15 Jan
  • The Real Deal
  • Uncategorized
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