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Month: September 2019

Landlords can now raise rent on tenants who house friends at risk of homelessness

Governor Gavin Newsom and a homeless tent encampment in Skid Row in September 2019 (Credit: Getty Images) Gov. Gavin Newsom still hasn’t signed the statewide rent control bill, but there’s one piece of housing legislation that has ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Racial inequality in homeownership across US is sharpest in New York: report

New York City Councilman Donovan Richards sponsored legislation that now requires the city’s affordable housing plan to actively address racial segregation. (Credit: Getty Images and iStock) White homeowners control a ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Movin’ on out: High cost of housing has Californians considering exit plan

Californians are considering a move out of state because of the cost of housing (Credit: iStock) Pacific breeze and beaches be damned: Californians say the high cost of housing has them thinking about an exit strategy. Around half of ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Trump urged to open federal site in LA as homeless shelter, Whole Foods-anchored Sawtelle apartment project approved: 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 9 a.m. PT President ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Paul George dishes $16M for DeAndre Jordan’s Palisades pad

The home on Amalfi Drive, Paul George, and Deandre Jordan (Credit: Getty Images and Realtor) Paul George and DeAndre Jordan now have a lot more in common. Less than two months after George was traded to the Los Angeles Clippers, he ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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Multifamily investor lists Glendale complex for 25% more than he paid

The 63-unit 1001 Melrose apartment complex in Glendale As demand for Los Angeles County multifamily properties remains strong, one investor is sensing the time is right to cash out. A 63-unit apartment complex in Glendale that was ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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Home sales in SoCal dip, disgraced ex-USC dean sells home to daughter of Majestic Realty chairman: 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   SoCal ...

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  • 25 Sep
  • The Real Deal
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WeWork insiders slam Neumann and his enablers: “They created the monster”

Adam Neumann (Credit: Getty Images, iStock) In the beginning there was Adam Neumann. Now, WeWork is facing a future without its energetic leader — who raised billions and opened hundreds of office-space locations, but ultimately led ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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Playing small mall: New firm picks up shopping center in Costa Mesa

Space Investment Partners co-founders Mark Moshayedi and Ryan Gallagher with Westport Plaza (Credit: Connect California) An investment firm co-founded by a former HFF broker is beefing up its portfolio of retail properties, and it’s ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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AOC’s $16.5B housing plan is really bad for real estate

Alexandria Ocasio-Cortez (Credit: Getty Images) If AOC had her way, landlords would feel the pain. The big ones, anyway. On the heels of Sen. Bernie Sanders’ $2.5 trillion housing plan, the firebrand New York congresswoman just ...

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  • 25 Sep
  • The Real Deal
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