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Month: April 2019

Spring home sales to get boost from falling mortgage rates, rising inventory

The average rate on a 30-year mortgage is now just over 4 percent (Credit: iStock) The national housing market may see its best home-buying season in years. Trends like falling mortgage rates, rising home inventory and slowing ...

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  • 01 Apr
  • The Real Deal
  • Uncategorized
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LaTerra adds to growing LA multifamily portfolio with Mar Vista project

Charles Tourtellotte and the project site at 12575 West Venice Boulevard (Credit: Google Maps) LaTerra Development will build a 52-unit apartment complex in Mar Vista, adding to its fast-growing Los Angeles multifamily portfolio. The ...

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  • 01 Apr
  • The Real Deal
  • Uncategorized
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Fresh off IPO, Lyft will invest in Garcetti’s “A Bridge Home” program

From left: Mayor Garcetti, Lyft CEO Logan Green, and 1215 Lodi Place (Credit: Getty Images and Google Maps) Just hours before Lfyt’s initial public offering, the ride-sharing company announced a plan to contribute $50 million to aid ...

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  • 01 Apr
  • The Real Deal
  • Uncategorized
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Widow of Discount Tire billionaire lists Montecito mansion…at big discount

Bruce and Diane Halle with the home for sale (Credit: Compass) Over the course of two years, billionaire Discount Tire founder Bruce Halle and his wife poured about $25 million into their Montecito mansion, counting the 2016 purchase ...

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  • 01 Apr
  • The Real Deal
  • Uncategorized
  •  1

Simon Property launches online platform to drive sales at outlet stores

Simon Property Group CEO David Simon and 1650 Premium Outlet Boulevard (Credit: iStock and Premium Outlets) Simon Property Group is launching an online shopping platform designed to drive sales to its nationwide network of outlet ...

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  • 01 Apr
  • The Real Deal
  • Uncategorized
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Proposed supertall tower at Angel’s Landing now just tall

Angels Landing (Credit: Handel Architects) In 2017, the team behind the Angel’s Landing megaproject said the Downtown twin-tower development would have one of the tallest skyscrapers west of the Mississippi River. Well, plans have ...

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  • 01 Apr
  • The Real Deal
  • Uncategorized
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