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Month: November 2021

Chinese movie studio unloads 8.4 acres in LA

The undeveloped lot (Compass) A subsidiary of Beijing-based film studio Huayi Brothers is in contract to sell an 8.4-acre site in a gated community in Bel Air. The property at 10701 Levico Way is the only undeveloped lot in a community ...

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  • 19 Nov
  • The Real Deal
  • Uncategorized
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New reality for Girardi, Jayne: ask on Pasadena estate drops to $8.2M

Erika Jayne and Tom Girardi in front of 100 Los Altos Drive in Pasadena (Getty Images, Redfin, iStock) It may be “XXpen$ive” to be Erika Jayne, but it’s getting a bit cheaper to live like her. One-time power attorney Tom Girardi and ...

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  • 19 Nov
  • The Real Deal
  • Uncategorized
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CVS Health shuttering almost 1,000 stores in 3-year pivot

CVS Health CEO Karen Lynch (cvshealth.com, iStock) CVS Health is preparing to shutter almost 1,000 stores in the next three years as it looks to develop new health care outlets. The company announced plans on Thursday to close ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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USC buys last piece of health sciences campus in Boyle Heights

1355 San Pablo Street (Google Maps) The University of Southern California has agreed to purchase a life sciences building in Boyle Heights, rounding out ownership of its Health Sciences campus there. USC purchased the four-story ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Scooter Braun asks $24M for John Travolta’s former Brentwood estate

Scooter Braun, John Travolta & 735 N Bonhill Rd (Getty Images, redfin.com) Record executive and investor Scooter Braun is looking to cut a profitable deal for John Travolta’s former Brentwood estate. Braun bought the property two ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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H’wood history: deal for one-time home of Lana Turner

1426 Summitridge Dr, Beverly Hills, CA 90210 with Lana Turner and Artie Shaw (Zillow, Wikimedia Commons) A Beverly Hills mansion built on the site of a former home of actress Lana Turner and big bandleader Artie Shaw has found a buyer. ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Bird founder looks set to fly from glassy Bel Air mansion

Bird founder Travis VanderZanden & 11507 Orum Road (Getty Images, Zillow.com, Wikipedia.com) Bird founder Travis VanderZanden looks set to fly the coop in Bel Air, where his mansion went into contract on Wednesday for an ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Southern California median home price tacks on $85,000 in October

(iStock) The median price of a home in Southern California resumed its upward drive in October, rising $85,000 compared with a year earlier to set another record. The median sales price across the region reached $690,000, a 14 percent ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Sotheby’s, Realogy make winning bid for Concierge Auctions

From left: Concierge Auctions co-founders Chad Roffers, president, and Laura Brady, chief executive officer (Concierge Auctions, Medium/ChadRoffers2018, iStock) Going once, going twice, sold! Concierge Auctions, that is, to Sotheby’s ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Agent services platform Place hits unicorn status with Series A

Place co-founders Ben Kinney and Chris Suarez (iStock, Place) Place, an end-to-end technology and business services platform for real estate agents, has achieved unicorn status with its first funding round. The Bellingham, ...

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  • 17 Nov
  • The Real Deal
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