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Month: May 2021

Zac Efron sells in Los Feliz after big buy in Australia

Zac Efron and 2173 W. Live Oak Drive (Getty, Realtor) Zac Efron is officially out of Los Feliz, with apparent plans to head Down Under. The actor sold his 5,644-square-foot home for $5.3 million, according to Dirt. It was well over $1 ...

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  • 28 May
  • The Real Deal
  • Uncategorized
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Builders fall behind on construction of sold homes

(iStock) If you bought a new home in April, you may be waiting a bit to move in. The number of homes sold in April that have yet to begin construction rose by 16.5 percent to 325,000, Bloomberg News reported, citing data from the U.S. ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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Adam Neumann’s WeWork golden parachute even bigger than previously reported

Photo illustration of Adam Neumann (Getty, iStock/Illustration by Kevin Rebong for The Real Deal) Adam Neumann’s golden parachute is the gift that keeps on giving. As part of his exit package from the flex-office company, Neumann ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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Starved for relief: Restaurants seek $76B, far more than budgeted

Small Business Administration administrator Isabel Guzman (Getty, iStock) The Small Business Administration is dishing out rent relief to restaurants, but many figure to go hungry. The demand for federal pandemic relief has far ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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Shane Smith moves west to Malibu manse

Shane Smith and 23111 Mariposa De Oro Street (Getty, Redfin) A month after selling their Pacific Palisades estate for $49 million, Vice Media co-founder Shane Smith and his wife, Tamyka, are moving to Malibu. The couple paid $11.7 ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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Westlake apartment project could replace century-old buildings

2649-2657 W. San Marino Street (Google Maps) A 55-unit apartment complex could replace a pair of century-old residential buildings in Westlake. Developer Ravivo Kaofman, working through KG Capital Investments, filed plans for the ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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Media production office complex sells for $62M

Pendulum CEO Kevin Hayes with The Link. (Pendulum, The Link) While the overall Los Angeles office market has been battered by the pandemic, properties with a focus on media production have thrived. The latest: Pendulum Property ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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Google gets go-ahead to build mega-campus

Google CEO Sundar Pichai and renderings of the project (Getty, Google) Google will build it, and mostly likely they will come. The tech behemoth received the green light from San Jose city officials to develop its 80-acre mega-campus ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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Hello Alfred acquires HOM

Hello Alfred CEO Marcela Sapone and HOM CEO Francesca Loftus Two startups aimed at landlords — one for property management, the other for “fostering community” among tenants — are joining forces. Alfred, the property management company ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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Manhattan DA convenes grand jury in Trump probe

Manhattan District Attorney Cy Vance and Donald Trump (Getty) Manhattan District Attorney Cy Vance has convened a grand jury, which will investigate potential criminal conduct regarding former President Donald Trump and others at his ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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