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Month: September 2019

Amid stalling luxury market, Beverly Hills spec home trades for $43M

Max Fowles-Pazdro and the spec home in Beverly Hills Post Office Los Angeles’ stock of elaborate and pricey spec mansions aren’t selling like they used to, but scratch one off the list. A 24,000-square-foot home in Beverly Hills Post ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Capitol Records CEO flips mansion for big profit, Pan Am Equities gets pushback on resi project along LA River: Daily digest

Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page in real time, starting at 9 a.m. PT. Please send any tips or deals to tips@therealdeal.com This page was last updated at 3:30 p.m. PT   The ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Here are the priciest resi listings in LA County last week

Clockwise from top left: 12921 Marlboro Street, 22102 Pacific Coast Highway, 21536 Pacific Coast Highway, 820 N. Roxbury Drive and 334 S. Burlingame Avenue (Credit: Redfin) The five priciest home listings in Los Angeles County last ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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How mobile homes became a billion-dollar, recession-proof industry

(Illustration by Andrew Colin Beck) Mobile homes are no longer just a necessity for the poor. They’ve increasingly become a must-have for some of the world’s richest private equity players. A 2016 investor pitch from manufactured ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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“Over my dead body”: Pan Am Equities’ resi project along LA River gets pushback

A rendering of Pan Am Equities’ Casita Lofts project A battle is heating up over the future of a development site along the Los Angeles River in Glassell Park. Pan Am Equities wants to build its 419-unit Casita Lofts  complex on a ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Blackstone buys Colony Capital’s warehouse portfolio for $6B

Blackstone’s Jonathan Gray (Credit: Getty Images and Wikipedia) Blackstone is doubling down on its e-commerce bet with another multibillion dollar industrial portfolio deal. The company is buying Colony Capital’s national warehouse ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Equity Residential’s long-stalled DTLA residential tower project is back

Equity Residential CEO Mark Parrell and a rendering of the 4th and Hill tower Nearly five years after Equity Residential proposed a 428-unit tower in Downtown Los Angeles, new renderings show the project is slightly scaled back. They ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: Candy Spelling lists Malibu estate, NBA star Paul George picks up Palisades pad…and more

From left: Candy Spelling and her home on 21500 block of Pacific Coast Highway, and The home on Amalfi Drive with Paul George, and Deandre Jordan (Credit: Getty Images,Redfin, and Realtor) For the first time this season, rain fell on ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Mark your calendars: These are LA’s top real estate events next week

Here are some real estate events worth attending next week. Host: Bisnow Date: Oct. 2 Time: 8 a.m. to 11 a.m. Bisnow is hosting its SoCal Student Housing & Higher Education Summit at the LA Grand Hotel Downtown, 333 South Figueroa ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Playing the real estate game: College athlete bill could mint young millionaires and homebuyers

College athletes could soon be allowed to make money on endorsement deals in the state of California (Credit: Getty Images and iStock) In the not too distant future, college athletes playing at top-tier schools may be hitting the open ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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