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Month: January 2019

Superstar music manager lists Beverly Hills home for $10M

Arthur Spivak and 618 North Palm Drive, Beverly Hills (Credit: Realtor) Talent manager Arthur Spivak, whose client roster has included superstar musical artists like Prince, has listed his French Country-inspired property in Beverly ...

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  • 29 Jan
  • The Real Deal
  • Uncategorized
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Home-value estimator Zillow expands service that puts money where its mouth is

(Credit: Zillow, Pixabay) Within a year, home owners in Miami and seven other U.S. cities will be able to request no-obligation cash offers for their homes from real estate database company Zillow. Seattle-based Zillow Group will ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Amid decline, LA still leads CA in hotel development: report

Palihouse lobby, West Hollywood (Credit: Booking.com) Los Angeles County is leading the state in hotel development by a landslide. A new report from Atlas Hospitality Group revealed there are 6,727 rooms under construction in the ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Moving on: Anthony Scaramucci taps new partner for $3B Opportunity Zone fund

Anthony Scaramucci (Credit: Getty Images) Well that was fast. Anthony Scaramucci’s SkyBridge Capital has found a new partner for its $3 billion Opportunity Zone fund, less than two weeks after ending its venture with EJF Capital. The ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Clippers shoot for CEQA fast-track rule on Inglewood arena

Blueprint for the stadium from Governor’s Office of Planning and Research, with Mayor James Butts and Clippers owner Steve Ballmer The Los Angeles Clippers are vying to limit the time their new arena project could be stalled by ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Essex Property Trust sells DTLA apartment building for $220M

8th and Hope and Essex CEO and President Michael Shall Essex Property Trust has sold a high-rise apartment building in Downtown Los Angeles to a local developer for $220 million, The Real Deal has learned. Bin Feng Cheng, acting ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Johns Hopkins University to pay $373M for Washington DC’s Newseum

Freedom Forum CEO Jan Neuharth and the Newseum (Credit: Freedom Forum Institute and Wikipedia) The owners of the Newseum in Washington D.C. have agreed to sell the Pennsylvania Avenue building for $372.5 million. The nonprofit group ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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LA firm plans equestrian community in Chatsworth

Renderings from Borstein Enterprises Borstein Enterprises is planning to build an “equestrian community” around Chatsworth’s Wilson House – one of the oldest single-family dwellings in the San Fernando Valley. The Los Angeles-based ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Grapes of wrath: Casino moguls end friendship over New Zealand winery

(Credit: Pixabay, Max Pixel) A picturesque winery in New Zealand has become the scene of a bitter dispute between three Las Vegas casino moguls and former friends, involving accusations of fraud and death threats. MGM Resorts CEO Jim ...

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  • 27 Jan
  • The Real Deal
  • Uncategorized
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El Chapo tried to have a Canadian real estate agent killed: court testimony

(Credit: Facebook, ICE) No one ever said being a real estate agent didn’t come with risks. One of the latest stories to emerge from the trial of notorious gangster Joaquín “El Chapo” Guzmàn Loera was that he allegedly tried hiring the ...

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  • 27 Jan
  • The Real Deal
  • Uncategorized
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