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Month: July 2021

Spec home developer pays $85M for island in Palm Beach

Todd Michael Glaser with 10 Tarpon Isle (Todd Michael Glaser) Developer Todd Michael Glaser and his partners closed on an $85 million purchase of a small island in Palm Beach. Glaser and an investment group that includes Jonathan Fryd ...

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  • 07 Jul
  • The Real Deal
  • Uncategorized
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The Agency opens 2nd office in Pacific Palisades

The Agency’s Santiago Arana and Marco Rufo (Facebook via Arana and Rufo) The Agency is opening a new office in Pacific Palisades, led by managing partners Santiago Arana and Marco Rufo, The Real Deal has learned. The location at 1017 ...

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  • 07 Jul
  • The Real Deal
  • Uncategorized
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“The Joker” director seriously asks $35M for Beverly Hills mansion

Director Todd Phillips and the property (Getty, Coldwell Banker Realty) Todd Phillips, the director of “The Joker” and “The Hangover,” is asking serious money for his Beverly Hills mansion. Phillips listed the property for $34.5 ...

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  • 07 Jul
  • The Real Deal
  • Uncategorized
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Landmarked Hollywood office complex will become affordable housing

The Hollywood & Western Building (WikiMedia via Downtowngal) A landmarked office building in Hollywood is slated to become affordable housing, at a time when the Los Angeles office market remains well off pre-pandemic levels while ...

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  • 07 Jul
  • The Real Deal
  • Uncategorized
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Big Ticket scores big sale on unfinished Malibu estate

Kevin Garnett and the 7-acre property (Photos via Getty, Hilton & Hyland) As Kevin Garnett said following the Boston Celtics’ 2008 NBA Finals victory, anything is possible. But the process of trying to sell his sprawling Malibu ...

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  • 07 Jul
  • The Real Deal
  • Uncategorized
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Native Americans investing in real estate find profit, purpose

Two tribes purchased the McKay Tower, built on ancestral land. Inset: Kurtis Trevan of Gun Lake Investments (Photos via WMrapids/Wikimedia, Gun Lake Investments) Native American tribes across the country are expanding their real estate ...

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  • 07 Jul
  • The Real Deal
  • Uncategorized
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Merci, merci beaucoup: French Elvis’ 12K sf mansion sells

Johnny Hallyday and the Pacific Palisades property (Getty, Coldwell Banker Realty) The Pacific Palisades mansion that belonged to the late French music icon Johnny Hallyday — known as French Elvis — sold for $16.3 million. The buyers ...

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  • 06 Jul
  • The Real Deal
  • Uncategorized
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Tishman Speyer’s Shanghai bonanza: ByteDance buys four buildings

Tishman Speyer CEO Rob Speyer with ByteDance CEO Zhang Yiming and a rendering of The Springs (Getty, Tishman Speyer) Tishman Speyer has scored a major deal in Shanghai, selling 2.1 million square feet of office and retail space to ...

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  • 06 Jul
  • The Real Deal
  • Uncategorized
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Kushner Cos. expands apartment holdings in MS, TN, VA for $400M

Kushner Companies’ Laurent Morali and Charlie Kushner (iStock, Getty) Kushner Companies is going all-in on the Southeast. The real estate firm has acquired or signed contracts to snap up 2,500 apartments in Mississippi, Tennessee and ...

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  • 06 Jul
  • The Real Deal
  • Uncategorized
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Nextdoor to go public in $686M SPAC deal

Nextdoor CEO Sarah Friar (Getty) Nextdoor is the latest proptech company to try its hand at the SPAC market. The San Francisco-based social networking service for neighborhoods said Tuesday that it plans to go public through a special ...

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  • 06 Jul
  • The Real Deal
  • Uncategorized
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