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Month: December 2021

W Hollywood hotel sells for $197M

W Hotel with Oaktree Capitals’s Co-Chairman Howard Marks, Host Hotels & Resorts CEO James F. Risoleo and Trinity Capital Advisor’s Partner Walker Collier (Marriot, Oaktree Capital, Trinity Capital Advisors, Host Hotels) Oaktree ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Canada’s Intracorp makes another foray into Austin

Intracorp Texas president Brad Stein and a rendering of Congress Lofts at St. Elmo (Rendering via Giant Noise/Pappageorge Haymes, Intracorp) North American real estate developer Intracorp is relatively new to Austin, Texas, but it’s ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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VC firm takes 20,000 sf at Free Market complex underway in Arts District

From left: Raan Parton and Lindsay of Free Market along with Ian Sigalow and Dana Settle of Greycroft (Free Market, Greycroft) Venture capital firm Greycroft Partners plans to set up shop at a retail-and-office campus that’s under ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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134K self-storage facility set for DTLA’s Skid Row

611 E. 7th Street (Johnson Development Associates, LA City Planning) A South Carolina-based developer has filed a permit application for a new self-storage facility in the Skid Row district of Downtown Los Angeles. Johnson Development ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Homecoming for Munger with oceanfront mansion in Montecito

Charlie Munger, billionaire investor and Berkshire Hathaway executive, in front of 1460 Bonnymede Drive in Montecito (Redfin, Getty Images) Berkshire Hathaway exec Charlie Munger is returning to the oceanfront Montecito community he ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Amazon delivers jobs, picks up office space in Austin

Jeff Bezos (Getty, iStock) Jeff Bezos’ space race isn’t limited to the suborbital sphere. Amazon just added more earthbound property in Austin, Texas, leasing 330,000 square feet of offices at the Domain, according to the Austin ...

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  • 21 Dec
  • The Real Deal
  • Uncategorized
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Here are LA’s top office sales in 2021

Most of the top deals occurred in submarkets with lower vacancy rates and more specialized tenants (LoopNet/Illustration by Steven Dilakian for The Real Deal) Though most offices were still closed in 2021, investor appetite for ...

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  • 21 Dec
  • The Real Deal
  • Uncategorized
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New data platform finds hot housing markets while they’re still just warm

Sourav Goswami, co-founder and CEO, Haystacks.AI (Haystacks.AI, iStock/Illustration by Steven Dilakian for The Real Deal) A new real estate intelligence platform wants to give institutional investors a heads-up on hot housing markets ...

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  • 21 Dec
  • The Real Deal
  • Uncategorized
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CenterPoint Properties adds 307K sf industrial plant in South Bay

CenterPoint CEO Bob Chapman and 268 E. Gardena Boulevard (CenterPoint) CenterPoint Properties has purchased a Carson industrial facility in a $143 million leaseback deal with defense and aerospace firm Ducommun. Santa Ana-based ...

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  • 21 Dec
  • The Real Deal
  • Uncategorized
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Proptech breaks annual VC funding record

According to the Center for Real Estate Technology & Innovation, investments in the sector hit $32 billion this year. (iStock) As proptech went mainstream in 2021, investors poured an unprecedented amount of cash into the sector. ...

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  • 21 Dec
  • The Real Deal
  • Uncategorized
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