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Month: February 2022

179-unit apartment portfolio on market in central LA

(Zillow) Multifamily landlord Billy Ruvelson is looking to cash out of a 179-unit multifamily portfolio that includes nine buildings from East Hollywood to the Westlake district on the edge of Downtown Los Angeles. The package is on ...

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  • 09 Feb
  • The Real Deal
  • Uncategorized
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CCA’s Lall exits race LA’s mayoral race

Jessica Lall (JessicaLallforMayor, iStock) Jessica Lall, who represents numerous commercial real estate interests as head of the Central City Association, has dropped out of the race for L.A. mayor. Lall, president and chief executive ...

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  • 09 Feb
  • The Real Deal
  • Uncategorized
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“Tinder Swindler” preys on Lev Leviev’s name

Shimon Hayut, aka “The Tinder Swindler,” who changed his name to “Simon Leviev” to con women on Tinder (Twitter/SimonLeviev, iStock) When diamond-cutter-turned-real-estate-tycoon Lev Leviev cracked the De Beers diamond cartel in the ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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Executive exodus at Better.com claims more casualties

Formerly from Better.com: Emanuel Santa-Donato, Sarah Pierce and Sean Baddeley; Better.com CEO Vishal Garg (Better.com, LinkedIn.com) The next time Better.com CEO Vishal Garg hops on a call with the company brain trust, there will be ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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10-building apartment complex seen for Gelson’s lot in Santa Monica

Shopping center, with Gelson’s Market, at 2601-2645 Lincoln Blvd ( Lincoln Center Project) Upscale grocery chain Gelson’s could lose its foothold in Santa Monica to visions of a 521-unit apartment complex on the site of its store ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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No joke: David Spade sells Beverly Hills mansion

David Spade with 1120 Wallace Ridge (Zillow, Getty Images) Comedian David Spade has found a buyer for a Beverly Hills mansion that was his home for two decades. The four-bedroom, seven-bath property, located at 1120 Wallace Ridge in ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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Paul Williams-designed Bel-Air estate hits market

10771 Bellagio Rd. wh Paul Williams (Zillow and Los Angeles Public Library) A 20,000 square-foot, Paul Williams-designed Bel-Air mansion is on the market for $65 million. “Years in construction, this gem is a showplace for art and high ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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Carson looks to score despite lost NFL stadium deal

(Daily Breeze) Carson, whose bid to build a $1.7 billion stadium to host the Rams and Chargers lost out to SoFi Stadium in Inglewood, might be a winner after all. The working-class South Bay city ended up paying $1 for the 157-acre ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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CRE foreign investment roared back in 2021— with a few focus shifts

Maja Procz, global head of transactions, Commerz Real (Commerz Real, LoopNet) Foreign investors were boxed out of the American commercial real estate market for much of 2020, but they roared back for the sector’s record-breaking 2021. ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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Swift Real Estate picks up Reframe Studios in Atwater Village

Reframe Studios at 4561 Colorado Blvd. Swift Real Estate Partners has paid $92.5 million for Reframe Studios, a 7.3-acre campus with two buildings now being converted into entertainment production space in Atwater Village. The Reframe ...

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  • 07 Feb
  • The Real Deal
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