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Month: February 2022

MBK plans upscale apartments in Anaheim

Complex to be built at 1600 W. Lincoln Avenue, Anaheim (MBK Rental Living) Irvine-based MBK Rental Living has paid $21.4 million for land in Anaheim to build a 315-unit apartment complex. The division of MBK Real Estate picked up 5.2 ...

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  • 23 Feb
  • The Real Deal
  • Uncategorized
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Homeless program costs $600k per unit: LA Controller

Ron Galperin (Los Angeles Office of the Controller, iStock) Last year the City of Los Angeles spent an average of almost $600,000 per unit on construction of homeless housing projects, according to a report released on Wednesday by the ...

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  • 23 Feb
  • The Real Deal
  • Uncategorized
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LA County eyes acquisitions of 18 hotels, apartments for homeless

(iStock/Illustration by Steven Dilakian for The Real Deal) Los Angeles County has targeted 18 hotels and apartment buildings for a new round of housing purchases for homeless residents. The potential acquisitions mark a second round of ...

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  • 23 Feb
  • The Real Deal
  • Uncategorized
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Now streaming: TRD’s podcast, “Deconstruct,” looks at the prefab trend

When one thinks of the homebuilding process, one usually doesn’t imagine it taking place inside a factory. But a confluence of market forces now has some firms challenging that notion, building walls, floors, roofs and even entire ...

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  • 23 Feb
  • The Real Deal
  • Uncategorized
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Congressional contingent asks about Relevant’s EB-5

Representative Luis Correa, Dream Hollywood and Relevant’s Andrew Shayne, Dan Daley and Grant King (Getty, Google Maps, Relevant Group, LinkedIn) A number of Southern Californians are among a contingent of 16 members of the U.S. House ...

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  • 23 Feb
  • The Real Deal
  • Uncategorized
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The Weeknd effect: $36M ask on Beverly West condo

The Weeknd & 1200 S Club View Dr #21 (Zillow, Getty Images) The Weeknd may have moved out, but you can still move in. A penthouse in Beverly West, an ultra luxe complex on L.A.’s Westside, is on the market for $36.1 million. The ...

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  • 23 Feb
  • The Real Deal
  • Uncategorized
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Big trim on late Saudi billionaire’s Beverly Hills mansion

72 Beverly Park, Beverly Hills, CA 90210 (Zillow) A Beverly Hills estate that was owned by late Saudi billionaire Saleh Abdullah Kamel has sold for $24.5 million. The property, at 72 Beverly Park, is an 11-bedroom, 18-bath mansion that ...

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  • 23 Feb
  • The Real Deal
  • Uncategorized
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DJ Calvin Harris lists Benedict Canyon estate

Calvin Harris and 9779 Oak Pass Road (Getty, Zillow) Calvin Harris, the world’s highest paid DJ, is selling his Benedict Canyon estate for $25 million. The Scottish-born DJ, record producer and singer has listed the five-building ...

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  • 22 Feb
  • The Real Deal
  • Uncategorized
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Laguna Beach mansion sets mark for price in OC

7 Montage Way, Laguna Beach (Zillow) A Laguna Beach mansion has sold for $30 million, the highest price in Orange County so far this year, The Real Deal has learned. The property, at 7 Montage Way, is a six-bed, nine-bath home located ...

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  • 22 Feb
  • The Real Deal
  • Uncategorized
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Greenlaw, Walton Street Capital put OC tower up for sale

Greenlaw Partners founder Wilbur Smith, Walton Street Capital principals Eric Mogentale, Jeffrey Quicksilver, Robert Bloom and Richard Ratke and City Plaza at 1 City Blvd W (Loopnet, Walton St Capital, Wilbur Smith) Greenlaw Partners ...

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  • 22 Feb
  • The Real Deal
  • Uncategorized
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