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Month: January 2022

$68M more to California for renter relief

(iStock/Photo Illustration by Steven Dilakian for The Real Deal) Uncle Sam will funnel another $68 million in renter relief to Californians. But the latest chunk of renter assistance approved by the U.S. Treasury Department doesn’t ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Feds sell Los Alamitos office property at auction

A photo illustration of 4665 Lampson Ave. in Los Alamitos (LoopNet) A federal office complex in Los Alamitos in north Orange County has been auctioned off to a housing developer for $26.5 million. The U.S. government sold its 12.4-acre ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Sares Regis plans apartments, ground floor retail in Hollywood

An illustration of the proposed seven-story tower at Sunset Boulevard and Vine Street in Hollywood (TCA Architects) A seven-story tower proposed at Sunset Boulevard and Vine Street in Hollywood would feature apartments over curbside ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Texas capital tumbles from top slot among hot housing markets

Austin, Texas (iStock) Austin’s hot housing market, which topped a national ranking last year, may be about to cool – and then some. The Texas capital, ranked No. 1 by Zillow among U.S. markets last year, plunged to No. 10 in the real ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Newport Beach investor gets 709K sf of industrial

An illustration of the Freeway Business Center (Freeway Business Center) Alere Property Group has bought a newly completed industrial complex in Riverside. The Newport Beach-based firm bought a 709,000-square-foot property at 2677 E. ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Core Spaces, Harrison Street plan single-family build-to-rent venture

Core Spaces President Dan Goldberg and Harrison Street CEO Christopher Merrill (Core Spaces, Harrison Street) Two firms known for developing and managing student housing partnered up to get into suburban single-family rentals. ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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Eviction moratorium case edges closer to Supreme Court

Dan Yukelson of AAGLA (Optimum Seismic) A landlord group’s challenge to the City of Los Angeles’s long-running — and controversial — eviction moratorium has moved a step closer to a hearing before the Supreme Court. The development ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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LA North Studios get fourth soundstage in Santa Clarita

Anthony Syracuse and John Prabhu (founders, LA NORTH STUDIOS) and rendering of IAC Commerce Center (iacvalencia.com) LA North Studios, a Santa Clarita-based entertainment company, has cut a deal to open a fourth soundstage for TV and ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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Madison Realty Capital raises $2B for latest debt fund

Adam Tantleff, Josh Zegen, and Brian Shatz (LinkedIn, Wikipedia, iStock) Madison Realty Capital closed its fifth debt fund, raising over $2 billion as the firm continues to attract a surge of institutional capital to its lending ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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RE/MAX Holdings CEO Adam Contos steps down

RE/MAX CEO Adam Contos (Facebook, iStock) UPDATED, Jan. 11, 4:20 p.m. — A global real estate franchisor is in search of new leadership after announcing the pending departure of its chief executive. RE/MAX Holdings CEO Adam Contos is ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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