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Month: September 2019

Mike Murphy worked at Facebook and his $35M Silicon Valley manse on the market proves it

Mike Murphy and the house in Atherton (Credit: Redfin) A former Facebook executive has listed his 13,000-square-foot mansion, which happens to be in the priciest ZIP code in the nation. Of course it’s in Silicon Valley, in the small ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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Compass shutters Hancock Park office less than a year after it opens

Robert Reffkin, Bret Parsons and the Compass office in Hancock Park (Credit: Google Maps) Compass, whose Southern California presence quickly expanded to nearly three dozen offices, has closed its Hancock Park location just a year ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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Brookfield, RXR among major companies urging action on gun violence

Brookfield’s Ric Clark (right) and RXR Realty’s Scott Rechler (Credit: Getty Images and iStock) Some of the country’s biggest landlords and developers have thrust themselves into perhaps the most contentious national debate: gun ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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Rent control has come to California

Gov. Gavin Newsom and Assemblyman David Chiu Nearly a year after voters rejected a statewide referendum that would have opened the door to expanded rent control, California lawmakers have kicked down that door. The Assembly approved a ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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Brokers will remain independent contractors in California’s new gig economy

Real estate agents will likely remain contractors under a proposed state bill (Credit: iStock and Wikipedia) Real estate agents have always had an unusual relationship with their employer, connected to the company but classified as ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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State rent control bill heads to Gov. Newsom’s desk, LA moves on controversial plan to build supportive housing in Echo Park: 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   ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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Olympic curlers score Bel Air Crest mansion that lingered on the market for 4 years

Home at Stratford Circle with Ildiko Szekeres and Gyorgy Nagy (Credit: Getty Images) A Bel Air home that sat on the market for four years has finally been sold, with a former Olympic curling couple from Hungary scoring the purchase. ...

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  • 11 Sep
  • The Real Deal
  • Uncategorized
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Unlicensed pot dispensaries far outnumber legal ones, project to turn Toluca Lake bank into big resi complex advances: 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 3:50 p.m. PT ...

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  • 11 Sep
  • The Real Deal
  • Uncategorized
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Shonda Rhimes sells Hancock Park home, and even when she loses she wins

Shonda Rhimes (Credit: Getty Images and iStock) Most everything Shonda Rhimes has touched has turned to gold, but the mega-producer and writer’s substantial creative cache wasn’t enough to net the asking price on her Hancock Park home. ...

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  • 11 Sep
  • The Real Deal
  • Uncategorized
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On anniversary of 9/11, the World Trade Center office market is now helping propel Downtown

An aerial view One World Trade Center in Lower Manhattan (Credit: iStock) After the devastation of the Sept. 11 attacks, it was years before the city and developers could break ground on the 16-acre site. In the ensuing 18 years, the ...

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  • 11 Sep
  • The Real Deal
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