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Month: November 2019

Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit

Sabah Al-Khalid Al-Sabah and the 157-acre Mountain of Beverly Hills (Credit: Wikipedia and iStock) The drama surrounding the 157-acre Mountain of Beverly Hills didn’t end when the land was sold in foreclosure for a fraction of its ...

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  • 28 Nov
  • The Real Deal
  • Uncategorized
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Here are the top resi sales in LA County

From top left, clockwise: 9601 Oak Pass Road, 915 Amalfi Drive, 915 Amalfi Drive, and 337 S Anita Avenue (Credit: Redfin) The five priciest homes that sold in Los Angeles County last week totaled $53.3 million, a 70 percent jump from ...

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  • 27 Nov
  • The Real Deal
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SteelWave pays $64M for empty El Segundo office

From left: SteelWave CEO Barry DiRaimondo and Griffin Capital CEO Kevin A. Shields SteelWave just scooped up an empty three-story office building in El Segundo for $63.5 million, adding to its growing portfolio in the Los Angeles area. ...

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  • 27 Nov
  • The Real Deal
  • Uncategorized
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Can we talk? Compass seeks arbitration with Realogy

Compass CEO Robert Reffkin and Realogy CEO Ryan Schneider (Credit: Columbia and iStock) Five months after Realogy hit Compass with a bombshell lawsuit, the SoftBank-backed defendant is looking to resolve things outside of a courtroom. ...

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  • 27 Nov
  • The Real Deal
  • Uncategorized
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Weintraub wants in on the multifamily game in Van Nuys

Weintraub Real Estate president and founder Richard Weintraub and Park Royale Mobile Home Park (Credit: Google Maps) Weintraub Real Estate Group has filed plans to build a 127-unit apartment building in Van Nuys, at a time when the San ...

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  • 27 Nov
  • The Real Deal
  • Uncategorized
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Christie’s agent accused in viral Instagram post of assaulting woman

Cristiano Moura (Credit: Christie’s Real Estate and Shaun King via Instagram) A Christie’s International Real Estate agent has been accused by a woman on social media of getting into a fight with her in a shared Lyft ride. On Instagram ...

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  • 27 Nov
  • The Real Deal
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Stanley Black says longtime partner bilked him out of millions

From left: Robert Barth and Stanley Black with 840 Greenway Drive (Credit: Getty Images and Zillow) Prominent real estate investor Stanley Black is suing his business partner of 34 years, Robert Barth, claiming Barth defrauded him out ...

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  • 27 Nov
  • The Real Deal
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Developers of Long Beach’s tallest tower sued by contractor

West Ocean Towers (Credit: Ledcor Group) Developers for Long Beach’s soon-to-be tallest building are involved in a dust-up with the contractor that carved out a five-level underground garage for the Shoreline Gateway project. Tristan ...

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  • 27 Nov
  • The Real Deal
  • Uncategorized
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These are LA’s top real estate events next week

Here are the upcoming real estate events in Los Angeles next week. Host: Connect Media Date: Dec. 4 Time: 2 p.m. to 7 p.m. Connect Media is holding its Westside Los Angeles event at the Luxe Sunset Boulevard Hotel, 11461 Sunset ...

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  • 26 Nov
  • The Real Deal
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Here are LA County’s priciest resi listings last week

Jeff Greene in front of his Beverly Hills abode, listed at $129 million (Credit: Zillow) Billionaire developer Jeff Greene has relisted his Beverly Hills mega-mansion, seeking $129 million for the massive estate. That easily makes it ...

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  • 26 Nov
  • The Real Deal
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