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Month: July 2019

Developer plans to build tower in Historic Filipinotown

Urban Stearns’ Lee Rubinoff and an aerial shot of the property (Credit: Google Maps) In one of the tightest multifamily markets in the country, the bonuses awarded in Los Angeles’ Transit Oriented Communities program are continuing to ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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After $370M funding round, Compass back under IPO spotlight

Compass Founder & CEO Robert Reffkin (Credit: Michael Toolan, iStock) After raising another $370 million, the only thing standing between Compass and an IPO is time. The New York-based brokerage — now valued at $6.4 billion — ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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This Beverly Hill mansion with echoes of Dean Martin hit the market for $75M

(Credit: Hilton & Hyland, Getty Images) A Beverly Hills mansion owned by a mall developer just hit the market for $75 million. The concrete structure, which has a modern museum style, spans 27,500 square feet, according to the ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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Despite housing market slowdown, mortgage lenders just had a great second quarter

(Credit: iStock) The second quarter of the year saw $565 billion worth of mortgage loans as homeowners are increasingly eager to refinance thanks to falling rates. If the lending keeps up at this pace, it could mark just the third year ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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The Agency loses another two brokers to Douglas Elliman

Sean Landon and Brendan Fitzpatrick Two brokers have left the Agency for Douglas Elliman, the latest in a long series of departures from the luxury residential brokerage. Brendan Fitzpatrick joined Elliman Monday after eight years at ...

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  • 29 Jul
  • The Real Deal
  • Uncategorized
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Help this Douglas Elliman broker find love

[video_embed][/video_embed] Douglas Elliman broker Ann Cutbill Lenane wants to find her soulmate and has taken out an ad to help get the job done. “I have managed to sell billions of dollars worth of New York City real estate, but the ...

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  • 29 Jul
  • The Real Deal
  • Uncategorized
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A Related Cos. affordable housing project is headed to Montecito Heights

Related CEO Jeff Blau, HACLA CEO Douglas Gouthrie, and a rendering of the project A plan to nearly double the amount of affordable units at a public housing complex in Montecito Heights is finally advancing after roughly four years in ...

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  • 29 Jul
  • The Real Deal
  • Uncategorized
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Reonomy is signing “exclusive” partnerships with data providers, but it’s not clear what that means for competitors

Reonomy’s Rich Sarkis (Credit: iStock) In the commercial real estate data industry, access is key. With this in mind, one firm is attempting to secure what it calls “exclusive” partnerships with the biggest data providers — a move that ...

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  • 29 Jul
  • The Real Deal
  • Uncategorized
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The house that Kawhi built: A look at the Clippers proposed arena

Clippers owner Steve Ballmer, Kawhi Leonard and a rendering of the Clippers Arena Inglewood project (Credit: Getty Images, NBA) The timing couldn’t have been better. Just as the Clippers announced the signing of their biggest star, ...

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  • 29 Jul
  • The Real Deal
  • Uncategorized
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Common goals: Rapper teams up with investors for ambitious Chicago redevelopment plan

Common and the South Works site (Credit: Getty Images, Flickr via Creative Commons) A group of development firms are joining the rapper to propose a $71 million mixed-use campus including a film production lot, hotels and concert ...

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  • 29 Jul
  • The Real Deal
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