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Month: September 2021

Elton John pays $9M for neighboring Trousdale Estates home

(Getty Images, iStock, Illustration by Kevin Cifuentes for The Real Deal) Elton John has added a second 1960s-era home to his Beverly Hills holdings, and to his substantial real estate portfolio that includes homes in Europe. The ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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SoLa Impact plans 114-unit rental complex in Park Mesa Heights

SoLa Impact Plans Apartment Complex in Park Mesa Heights (Google Maps, SoLa Impact) Affordable housing developer SoLa Impact has filed plans for a 114-unit apartment complex in Park Mesa Heights. The project, at 4609 South Crenshaw ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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Charing Cross pays $62M for Home Depot-leased store

Seller Decron Properties continues to shed its retail assets (Decron Properties, LoopNet) Sun Valley’s Home Depot has a new landlord: Charing Cross Partners. Decron Properties sold the 111,624-square-foot store at 5040 San Fernando ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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Startup wants to demystify real estate tax breaks

REDIST cofounder Atif Qadir (LinkedIn) REDIST, a proptech startup seeking to demystify real estate tax breaks, completed a round of seed funding and soft-launched a platform to show developers and brokers how to make better use of tax ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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TRD’s South Florida showcase to feature top residential brokers

Panel discussion features leading brokers from Corcoran, Douglas Elliman and Luxe Living Realty Powered by the #movetomiami trend and a slew of shiny new developments underway, South Florida’s residential market just keeps getting ...

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  • 28 Sep
  • The Real Deal
  • Uncategorized
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Douglas Elliman mandates staff vaccination at offices nationwide

(Getty) Employees at Douglas Elliman offices across the country must now be vaccinated or face regular testing, sources say. The brokerage, which has offices in New York, Connecticut, New Jersey, Florida, California, Texas, Colorado ...

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  • 28 Sep
  • The Real Deal
  • Uncategorized
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64-unit affordable complex planned for Westlake

The site for the complex (Google Maps) A developer has filed plans for a 64-unit affordable development in Westlake, seeking incentives through Los Angeles’ Transit Oriented Communities program. The project site is located at 1914 West ...

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  • 28 Sep
  • The Real Deal
  • Uncategorized
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DTLA 2040 rezoning plan advances to City Council

(iStock) A comprehensive rezoning plan for Downtown Los Angeles that anticipates 175,000 new residents and 100,000 new jobs is headed to the City Council. The City Planning Commission amended and approved the draft DTLA 2040 plan, ...

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  • 28 Sep
  • The Real Deal
  • Uncategorized
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Compass closes little changed after lockup lifts on 200M shares

Compass CEO Robert Reffkin (Compass, Getty) Compass shares closed little changed on Tuesday, surviving their first day of trading after restrictions were lifted on about 200 million shares from the company’s public offering six months ...

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  • 28 Sep
  • The Real Deal
  • Uncategorized
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Compass buys a third title company as stock lockup ends

Compass CEO Robert Reffkin (Getty) Compass announced yet another acquisition of a title and escrow company, just as restrictions are lifted on trading of about 200 million more shares. The brokerage has signed an agreement to buy ...

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  • 28 Sep
  • The Real Deal
  • Uncategorized
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