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Month: September 2019

Here’s what California’s rent control bill means for LA County

AB 1482 is set to cap rents on units across the LA area (Credit: Wikipedia and iStock) This year, a slew of Los Angeles County cities have enacted temporary rent regulations aimed at boosting tenant protections amid rising rents and ...

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  • 20 Sep
  • The Real Deal
  • Uncategorized
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“Perhaps a sad inevitability:” Corcoran isn’t the only firm under attack

A rendering of Corcoran Soho (Credit: iStock and CetraRuddy) Last week’s stunning data breach at the Corcoran Group has residential brokerage leaders on alert amid rising cyberattacks. Brown Harris Stevens shut down all its internal ...

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  • 20 Sep
  • The Real Deal
  • Uncategorized
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Real estate stocks dip slightly amid Fed Rate cut, housing starts data

Federal Reserve Chairman Jerome Powell (Credit: Getty Images) Real estate stocks dipped slightly this week amid the Federal Reserve’s decision to cut its benchmark interest rate and new data that showed home construction hit a 12-year ...

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  • 20 Sep
  • The Real Deal
  • Uncategorized
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One of nation’s biggest apartment builders scores $165M refi on West LA development

Mill Creek Residential CEO William MacDonald and Modera West LA (Credit: iStock) One of the nation’s largest apartment builders scored a $165 million refinance on its newly-completed apartment complex in West L.A. Mill Creek ...

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  • 20 Sep
  • The Real Deal
  • Uncategorized
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Multifamily investor Afton Properties adds nearly 1K units to portfolio

From left: Canyon Crest Views Apartments and Sunset Ridge Apartments Multifamily investor Afton Properties is in a buying mood. The Los Angeles-based firm just closed on a $132 million acquisition for an 800-unit development in ...

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  • 19 Sep
  • The Real Deal
  • Uncategorized
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LA wants to fund another 3K affordable units with bond money, rents rising nearly twice rate of inflation: 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   LA ...

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  • 19 Sep
  • The Real Deal
  • Uncategorized
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Billionaire “Eyebrow Queen” pays $20M for “development opportunity”

Anastasia Soare and the mansion (Credit: Getty Images and Realtor) “Eyebrow queen” Anastasia Soare, the billionaire founder of her namesake beauty products company, filled out her real estate portfolio with the purchase of a Beverly ...

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  • 19 Sep
  • The Real Deal
  • Uncategorized
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Kilroy Realty will pay $185M for Culver City media-focused office campus: sources

Blackwelder office campus and Kilroy CEO John Kilroy Lincoln Property Company has found a buyer for its 19-building office campus in increasingly media-focused Culver City, The Real Deal has learned. Prolific investor Kilroy Realty is ...

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  • 19 Sep
  • The Real Deal
  • Uncategorized
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Calling all subscribers: Listen in as TRD reporters size up NYC’s foreign investment landscape

Subscribe today to join The Real Deal’s conference call on Tuesday Join The Real Deal on Tuesday, September 24 at 2 p.m. for our next subscribers-only conference call. TRD’s senior content director Jill Noonan will talk to reporters ...

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  • 19 Sep
  • The Real Deal
  • Uncategorized
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WeWork’s side businesses are fizzling

WeWork CEO Adam Neumann (Credit: Getty Images and iStock) When WeWork rebranded itself The We Company in January, CEO Adam Nuemann sent a clear message about his vision for the firm: it is much bigger than co-working. But We Company’s ...

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  • 19 Sep
  • The Real Deal
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