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Month: February 2019

Donald Trump’s childhood home is back on the market — at a big premium

85-15 Wareham Place in Jamaica Estates with Donald Trump (Credit: Getty Images and Google Maps) President Donald Trump’s childhood home in Queens, which last traded hands in 2017, is again up for sale. This time, it’s asking $2.9 ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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MSG protests Clippers’ bid to streamline environmental review of new arena

James Dolan, CEO of MSG Company and Steve Ballmer, owner of the Clippers, continue to butt heads over the proposed Inglewood basketball arena. (Credit: MSG, and Wikipedia) Madison Square Garden Company isn’t holding back in its efforts ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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Local developer proposes 4-story office building in West Adams

Rendering of the project set at 5760 West Adams Boulevard. (Credit: Redcar) Redcar Properties has applied for permits to build a four-story retail and creative office building in West Adams. If approved, the Los Angeles-based ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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Commercial property sales hit near record-breaking total of $562B last year

Brookfield’s Manhattan West Commercial real estate sales hit near-record levels in 2018, and low interest rates could make for another strong year. The total value of U.S. commercial properties selling for $2.5 million or more reached ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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WeWork expands its portfolio with first Beverly Hills lease: sources

Adam Neumann, Michael Ovitz, and 9830 Wilshire Boulevard (Credit: Getty Images) WeWork will open its first Beverly Hills location at the former Creative Artists Agency building on Wilshire Boulevard, The Real Deal has learned. Sources ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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Here are the latest under 50-unit resi projects proposed in LA

Projects under 50 units in North Hollywood, Hollywood, and Koreatown Developers submitted five proposals for residential projects with under 50 units in Los Angeles last week. All of the developments are seeking incentives through the ...

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  • 04 Feb
  • The Real Deal
  • Uncategorized
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Could a political corruption scandal derail Related’s megaproject in Chicago?

Alderman Danny Solis and Alex Acevedo with The 78 (Credit: Facebook) A candidate vying to replace Alderman Danny Solis said the city should tap the brakes on Related Midwest’s $7 billion megaproject following an ongoing federal ...

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  • 04 Feb
  • The Real Deal
  • Uncategorized
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Former attorney allegedly bilked elderly people’s LA properties for years

Jackie Lacey, the Los Angeles County District Attorney, filed dozens of new felony charges against a West Hills woman for real estate fraud. (Credit: Wikimedia Commons) Dozens of new felony charges have been filed against a woman who ...

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  • 04 Feb
  • The Real Deal
  • Uncategorized
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Real estate arm of Alvarez & Marsal plans adaptive reuse campus in Tarzana

Hugh Hilton, managing director & CEO of Alavarez & Marsal A 4-acre industrial site in Tarzana will soon be transformed into an upscale office campus, the latest sign of heightened interest in the San Fernando Valley. A&M ...

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  • 04 Feb
  • The Real Deal
  • Uncategorized
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On-demand storage company Clutter raises $200-250M

Softbank CEO Masayoshi Son and Clutter co-founders Brian Thomas and Ari Mir Clutter, a Culver City-based on-demand storage company, is reportedly getting a cash infusion from a Softbank-led investor group to the tune of $200-250 ...

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  • 04 Feb
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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