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Month: November 2019

Jonas Brothers set real estate records in Encino

From left: Priyanka Chopra and Nick Jonas, and Sophie Turner and Joe Jonas Brotherly love is alive and well between Nick and Joe Jonas. The brothers spent a combined $34.1 million on homes in Encino, setting neighborhood records in the ...

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  • 12 Nov
  • The Real Deal
  • Uncategorized
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Robert Shapiro is not alone: 5 real estate Ponzi schemes you should know about

Clockwise from top: Robert Shapiro, Viktor Gjonaj, and Robert C. Morgan (Credit: Rochester Institute of Technology, LinkedIn, iStock) On October 15, developer Robert Shapiro—who pleaded guilty in August for leading a $1.3 billion real ...

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  • 12 Nov
  • The Real Deal
  • Uncategorized
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Publisher’s note: A confession of Noo Yawk hubris

Hiten Samtani (Photo by Iskander Ahmed) It’s great to learn from others’ mistakes, but sometimes you have to make them yourself to truly get it. We launched The Real Deal’s Los Angeles edition in 2016 with an ambitious mandate: to ...

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  • 11 Nov
  • The Real Deal
  • Uncategorized
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Swift pays $193M for Pasadena office portfolio

Three office buildings in the Pasadena Collection Swift Real Estate Partners has made another value-add office play in Southern California. The West Coast real estate investor just closed on a three-building office complex in Pasadena ...

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  • 11 Nov
  • The Real Deal
  • Uncategorized
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Jeffrey Yohai gets 9 years for real estate schemes

Jeffrey Yohai and 779 Stradella Road Jeffrey Yohai, former son-in-law of Paul Manafort, was sentenced Friday to more than nine years in prison for running two fraud schemes centered around developing high-end Los Angeles real estate. ...

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  • 11 Nov
  • The Real Deal
  • Uncategorized
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Netflix and … filled: Streamers are gobbling up remaining space in LA, but how much is left to go around?

Streamers are gobbling up remaining space in LA, but how much is left to go around? (Illustration by Brian Stauffer) The streaming wars’ latest skirmish came in October when Apple announced it would produce the World War II series ...

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  • 11 Nov
  • The Real Deal
  • Uncategorized
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WeWork reportedly in talks to hire T-Mobile exec as CEO

John Legere (Credit: Getty Images) After the dramatic ouster of former CEO Adam Neumann, WeWork may have found a new leader. The company is in talks with T-Mobile US Inc. chief executive John Legere to take over the position, according ...

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  • 11 Nov
  • The Real Deal
  • Uncategorized
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GPI scores $120M construction loan for Westside Pavilion

A rendering of West End GPI Companies has the money needed to fully transform its portion of the former Westside Pavillion into a 230,000-square-foot mixed-use office space. The Los Angeles-based developer told The Real Deal Monday ...

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  • 11 Nov
  • The Real Deal
  • Uncategorized
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NAR approves pocket listings killer

NAR President John Smaby and the Chartwell Estate, first shopped as a pocket listing in 2017 (credit: NAR) UPDATED 11:15 a.m., Nov. 11: The National Association of Realtors’ board approved a controversial policy that could drastically ...

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  • 11 Nov
  • The Real Deal
  • Uncategorized
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Barry Sternlicht is eyeing an economic slowdown

Barry Sternlicht and Lord & Taylor at 424-434 Fifth Avenue Starwood Property Trust’s CEO Barry Sternlicht sees an economic slowdown in the near future as the country faces a new presidential election. “I’ve never seen an election ...

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  • 08 Nov
  • The Real Deal
  • Uncategorized
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