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Month: November 2019

GPI lands acquisition loan on Mattel-leased warehouse

2031 E. Mariposa Ave. and GPI’s Cliff Goldstein and Drew Planting (Credit: Google Maps) GPI Companies nabbed a $55.3 million acquisition loan for its purchase of an El Segundo warehouse that toymaker Mattel leases. Global Atlantic ...

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  • 26 Nov
  • The Real Deal
  • Uncategorized
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Mr. Hadid: Tear down that mansion, judge rules

Mohamed Hadid and his spec mansion (Credit: Getty Images) A Santa Monica judge has ordered Mohamed Hadid’s Bel Air “Starship Enterprise” spec mansion demolished to its foundation slab and put into receivership. Los Angeles County ...

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  • 25 Nov
  • The Real Deal
  • Uncategorized
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SoftBank-backed Katerra co-founder leaves company’s board

Fritz Wolff (Credit: Katerra) One of Katerra’s co-founders and board members has quietly left the construction tech startup amid reports of layoffs and abandoned projects. Fritz Wolff, who also heads his family’s eponymous private ...

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  • 25 Nov
  • The Real Deal
  • Uncategorized
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Beverly Hills mansion tied to Ponzi schemer sells for $18M

Robert Shapiro and the property at 1357 Laurel Way (Credit: Zillow) Another mansion that belonged to disgraced Woodbridge Group of Properties CEO Robert Shapiro has sold, this one for $18 million. The seller of the Beverly Hills ...

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  • 25 Nov
  • The Real Deal
  • Uncategorized
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Landlords are evicting tenants ahead of rent control law: tenant group

Assemblyman David Chiu Before California’s landmark rent control law goes into effect on Jan. 1, roughly three dozen cities and counties have passed emergency measures aimed at preventing tenant evictions. The moratoria comes after ...

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  • 25 Nov
  • The Real Deal
  • Uncategorized
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The Closing: Jamie Duran

Jamie Duran (Photo by Jeff Newton) Jamie Duran is the president of Coldwell Banker Residential Brokerage in Southern California. She oversees more than 4,500 agents and 200 employees spread across 58 offices in the region. A ...

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  • 25 Nov
  • The Real Deal
  • Uncategorized
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SoftBank launching WeWork stock tender offer this week

Former WeWork CEO Adam Neumann and Softbank CEO Masayoshi Son (Credit: Getty Images) For WeWork’s investors, better late than never. SoftBank’s $3 billion tender offer to WeWork is set to launch this week, following weeks of delays, ...

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  • 25 Nov
  • The Real Deal
  • Uncategorized
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Simon Ziff and Bruce Mosler join lineup at Future City 2020

Bruce Mosler and Simon Ziff Simon Ziff of Ackman-Ziff and Bruce Mosler of Cushman & Wakefield are the latest additions to The Real Deal‘s Future City 2020 in the Bahamas. They will join REBNY president Jim Whelan, JDS’ Michael ...

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  • 22 Nov
  • The Real Deal
  • Uncategorized
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Co-founder Chris Kelly to leave Convene

Chris Kelly Convene’s co-founder is leaving. Chris Kelly, who also serves as vice chairman, will resign from the flexible office provider by the end of the year, according to Commercial Observer. He will still advise the startup. ...

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  • 22 Nov
  • The Real Deal
  • Uncategorized
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Earthquake city: Landlords step up retrofits on at-risk apartments

Landlords in L.A. have been retrofitting vulnerable apartments to protect them against earthquakes (Credit: iStock) Landlords in fast-developing neighborhoods like Koreatown, Hollywood and Mid-City have been retrofitting an increasing ...

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  • 22 Nov
  • The Real Deal
  • Uncategorized
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