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Month: April 2020

Panorama Group undertakes second ground-up senior housing project in Pico-Roberston

Panorama Group Founder Daniel Kianmahd and a rendering of the project (Credit: KTGY Architecture + Planning The Panorama Group is looking to build an 80-unit elder care facility in Pico-Roberston. The Beverly Hills-based developer ...

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  • 02 Apr
  • The Real Deal
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Trump Organization properties losing $1M a day to pandemic

President Donald Trump with sons Eric and Donald Jr., and an aerial view of Trump Doral (Credit: Paul Morigi/WireImage, DANIEL SLIM/AFP via Getty Images) Trump Organization properties are missing out on more than $1 million in revenue ...

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  • 02 Apr
  • The Real Deal
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Small Talk: Wildly Accurate Predictions for the Long Term Impacts of Coronavirus on Real Estate

Totally accurate predictions for the long-term impacts of coronavirus on real estate: office-to-mall conversions, wide elevators and more (Credit: iStock) If there’s one thing I know about the long term impacts of the coronavirus ...

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  • 02 Apr
  • The Real Deal
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Louis Vuitton’s parent company plans ultra-luxe hotel in Beverly Hills

LVMH CEO Bernard Arnault and a rendering of the Cheval Blanc (Credit: Bertrand Rindoff Petroff/Getty Images and Peter Marino Architect/LA Times) French luxury goods conglomerate Louis Vuitton Moet Hennessy is betting on high-end ...

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  • 02 Apr
  • The Real Deal
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Compass to agents: It’s (virtual) show time!

Compass CEO Robert Reffkin (Credit: iStock) With real estate agents largely sidelined by shelter-in-place orders, Compass said Wednesday that it is rolling out a set of virtual tools ranging from 3D video tours to targeted mobile ads. ...

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  • 01 Apr
  • The Real Deal
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Tenant group calls for CA rent strike

From left: Neil Shekhter and Governor Gavin Newsom (Credit: Kevin Scanlon, Justin Sullivan/Getty Images, and iStock) The coronavirus pandemic, which has already fanned the flames of California’s affordable housing crisis, is igniting a ...

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  • 01 Apr
  • The Real Deal
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Ventus Group unveils new plan for controversial Fig project

Ventus Group President Scott Gale and a rendering of the Fig Ventus Group has redesigned The Fig, its mixed-use project outside the USC campus, following the settlement of an appeal of the project. Ventus filed a new plan with the ...

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  • 01 Apr
  • The Real Deal
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Marcus & Millichap acquires Dallas-based debt brokerage

From left: Marcus & Millichap CEO Hessam Nadji and MCA’s Todd McNeill and Sunny Sajnani Despite widespread economic uncertainty, Marcus & Millichap has acquired a boutique Dallas-based commercial debt brokerage. The firm, ...

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  • 01 Apr
  • The Real Deal
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LA hotels see nearly 75% plummet in occupancy

Hotels across the country — including the Plaza Hotel in New York and Chateau Marmont in LA — have shuttered and laid off and furloughed staffers. (Credit: Keith Birmingham/MediaNews Group/Pasadena Star-News via Getty Images; iStock) ...

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  • 01 Apr
  • The Real Deal
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LA will shut down construction sites that don’t follow COVID-19 guidelines

Mayor Eric Garcetti and SoFi Stadium Justin Sullivan and Scott Varley/MediaNews Group/Torrance Daily Breeze via Getty Images) Los Angeles Mayor Eric Garcetti is ordering all construction sites in the city to follow strict COVID-19 ...

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  • 01 Apr
  • The Real Deal
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