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Month: July 2019

Decron Properties lands $125M refi for Playa del Rey multifamily complex

Playa del Oro and Decron Properties CEO David Nagel Decron Properties has refinanced its large multifamily complex near Los Angeles International Airport, which is in the middle of a massive expansion effort. Mid-Wilshire-based Decron ...

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  • 02 Jul
  • The Real Deal
  • Uncategorized
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Real estate’s rent law reckoning: Who’s getting hit hardest, and who’s escaping New York?

(Illustration by Wesley Bedrosian) Before climbing into bed on June 11, Robert Nelson found himself bracing for a “horror show.” The leaders of the state Senate and Assembly had just announced that they’d reached an agreement to ...

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  • 02 Jul
  • The Real Deal
  • Uncategorized
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Spelling Manor just sold, but this Holmby Hills estate is back on the market

The home on South Mapleton in Holmby Hills Just before the Spelling Manor in Holmby Hills sold Monday at a 40 percent price cut from its original asking — breaking the record for priciest Los Angeles County residential sale ever — a ...

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  • 02 Jul
  • The Real Deal
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Halfway through 2019, proptech investment has already hit a record high

The real estate industry has long been slow to innovate, but things could be changing. (Credit: iStock) The real estate industry has long been slow to embrace innovation. But judging by recent investment figures, that might not be the ...

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  • 02 Jul
  • The Real Deal
  • Uncategorized
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Trust tied to Bill Gates drops $21M on Wellington horse farm

Bill Gates and his Wellington properties A trust linked to billionaire Bill Gates paid $21 million for an equestrian estate in a gated Wellington community, near his Evergate Stables property. Property records show equestrian Caroline ...

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  • 02 Jul
  • The Real Deal
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A Brentwood spec mansion across from LeBron James just sold

The home on Tigertail Road and the Agency’s Santiago Arana, who was listing agent and developer (Credit: Google Maps) Many high-end homes are languishing  on the market in Bel Air, Hollywood Hills and Beverly Hills, but in Brentwood, ...

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  • 01 Jul
  • The Real Deal
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The Real Deal wins 9 NAREE journalism awards

The Real Deal picked up 9 awards from the National Association of Real Estate Editors The Real Deal editorial team brought home nine journalism awards from the National Association of Real Estate Editors for its in-depth coverage of ...

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

From top left, clockwise: 11961 W. Venice Boulevard, 1462 S. Reeves Street, 2336 S. Westwood Boulevard, and 2968 S. Kelton Avenue Apartment building developers are targeting the Westside. All five of the top multifamily projects ...

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  • 01 Jul
  • The Real Deal
  • Uncategorized
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Putting proptech to the UX test: the tools that work and the ones that don’t

The lobby of the Coral Gables theater is jammed with dozens of real estate techies. Some of them are the brains behind South Florida-based startup companies searching for capital and clients. The rest are brokers, developers, real ...

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  • 01 Jul
  • The Real Deal
  • Uncategorized
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Temple Emanuel of Beverly Hills sells a building to developer Crescent Heights

From left: Temple Emanuel of Beverly Hills Executive Director Matt Davidson, Crescent Heights co-founder Russell Galbut; and the property on Burton Way. Temple Emanuel of Beverly Hills has sold one of its mid-century buildings to ...

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  • 01 Jul
  • The Real Deal
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