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Month: January 2021

Nearly 15% of Hong Kong homes sold were micro flats

More than one in 10 homes sold in Hong Kong in 2019 was smaller than two parking spaces. (Getty, iStock)   Housing has long been at a premium in Hong Kong — both in cost and quantity — but a new report shows just how dire the situation ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Here’s what tenants are paying at Jade Enterprises’ 888 Figueroa in DTLA

Jade Enterprises’ Director of Development Daniel Taban and 888 South Figueroa Street (Google Maps) When Jade Enterprises bought the 404,000-square-foot office tower at 888 South Figueroa Street, the Downtown Los Angeles property wasn’t ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Skanska ramps up in LA, plans office project in Beverly Hills

8633 Wilshire Boulevard and Skanska’s Clare De Briere (Google Maps) Skanska is planning a 44,000-square-foot office project in Beverly Hills, the third project for the global construction giant since it launched in Los Angeles County ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Hemsworth bros sell Malibu crash pad

Liam, Chris and Luke Hemsworth with their Malibu home (Getty, Zillow) With demand especially high for Malibu real estate, the brothers Hemsworth tapped in. Actors Chris (“Thor”), Liam (“Hunger Games”) and Luke (“Westworld”) Hemsworth ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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JLL backs out of selling Trump’s DC hotel

JLL CEO Christian Ulbrich, Trump International Hotel in Washington DC and Donald Trump (Getty; Trump Hotels) JLL has dropped its involvement with the effort to sell President Donald Trump’s Washington, D.C., hotel. The real estate ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Leisure and hospitality lost 500K jobs in December

(iStock) The coronavirus continued to have disparate effects on real estate in December, with some sectors continuing to shrink while others regain ground. A rise in Covid cases and government closures of indoor dining contributed to a ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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House music: DJ Paul Oakenfold asks $3.7M for Hollywood Hills home

Paul Oakenfold with his Outpost Estates property (Photos via Getty; Courtesy Hilton & Hyland) Paul Oakenfold, the superstar DJ who’s spun iconic mixes for the likes of Britney Spears, the Rolling Stones, and Madonna, is tuning out ...

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  • 08 Jan
  • The Real Deal
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Senate flip: 5 real estate takeaways

Sen. Charles Schumer and President-elect Joe Biden (Getty) When Joe Biden won the 2020 election, there was a significant hurdle between the president-elect and some real estate reforms he wanted: a Republican Senate. That changed ...

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  • 08 Jan
  • The Real Deal
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Carmel Partners agrees to $1M fine in connection with Huizar scandal

Ron Zeff’s Carmel Partners has agreed to pay a $1 million fine in connection with the Jose Huizar scandal. Zeff split image at far left and right; Huizar is in middle. (Multi Family Forum, Jose Huziar, SCB)   The real estate developer ...

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  • 07 Jan
  • The Real Deal
  • Uncategorized
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120-unit Pencil Tower planned for DTLA

David Lawrence Gray and a rendering of the 120-unit tower (David Lawrence Gray Architects, University of Washington) A 120-unit apartment tower could rise on Spring Street in Downtown Los Angeles. David Lawrence Gray Architects ...

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  • 07 Jan
  • The Real Deal
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