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Month: March 2022

Inland Empire outranks LA as multifamily market

(iStock) The 2022 outlook for investments in the multifamily market in San Bernardino and Riverside counties is stronger than for Los Angeles County, according to a recent report from Marcus & Millichap. The report, published this ...

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  • 10 Mar
  • The Real Deal
  • Uncategorized
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Trucking firm leases 110,000 sf warehouse in Compton

220 West Victoria Street, Compton (Google Maps, iStock) A trucking company has leased a Compton distribution warehouse in the latest response to the continued growth in online shopping and accompanying logistics. Pacific Expressway, a ...

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  • 09 Mar
  • The Real Deal
  • Uncategorized
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Supermodel listing with tie to super model in Malibu

Cindy Crawford with 3218 Pacific Coast Highway (Getty, Redfin.com) A three-acre Malibu compound once owned by Cindy Crawford has hit the market for just shy of $100 million. The property, which last traded hands about four years ago ...

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  • 09 Mar
  • The Real Deal
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DTLA penthouse sniffs record at $95K per month

Anthony Farrer and the penthouse (Photos via Anthony Farrer, Farrer via Bryan Rodriguez) The road between Southern California and Dallas runs both ways–and a purveyor of luxury goods is bringing Texas-sized ambitions to Downtown Los ...

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  • 09 Mar
  • The Real Deal
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USC football coach Lincoln Riley scores in Rancho Palos Verdes

USC Football Coach Lincoln Riley and 909 Via Coronel, Palos Verdes Estates (Compass, USC Trojans) New USC football coach Lincoln Riley will soon move into a 13,000 square-foot home in Palos Verdes Estates he bought for $17.2 million – ...

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  • 09 Mar
  • The Real Deal
  • Uncategorized
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Real estate power couple revealed as record buyers in Cheviot Hills

Korda Group’s Robert and Erika Korda (Korda Group, Compass) A developer with commercial and residential holdings in several states and his luxury-agent wife are the buyers who set a record for the highest priced home in Westside ...

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  • 09 Mar
  • The Real Deal
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Brokerage lays out plans for 206-unit apartment complex in Pasadena

444 Fair Oaks Ave (KTGY, iStock) A unit of Marcus & Millichap has unveiled plans for a 206-unit apartment complex in Pasadena. The Calabasas-based developer’s Summerhill Apartment Communities subsidiary presented renderings to the ...

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  • 09 Mar
  • The Real Deal
  • Uncategorized
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Chinese billionaire ups ask on Chandler estate

(Zillow) Billionaire developer Huang Kangjing has upped the asking price for a Pasadena mansion that was once home to newspaper mogul Philip Chandler. The Tudor-style mansion at 1200 South Arroyo Boulevard is now on the market for ...

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  • 09 Mar
  • The Real Deal
  • Uncategorized
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Brookfield taps Apollo for $212M refi of DreamWorks HQ

1000 Flower Street, Glendale (Google Maps) Brookfield has struck a $212.2-million deal with Apollo to refinance the DreamWorks Animation Studios campus in Glendale it bought last fall. The Toronto-based real estate investment trust ...

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  • 08 Mar
  • The Real Deal
  • Uncategorized
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Sunstone Hotel Investors re-stacks C-suite

Sunstone’s Bryan Giglia, Robert Springer and Aaron Reyes (Sunstone Hotel Investments) Sunstone Hotel Investors has reorganized its executive suite. The publicly traded real estate investment trust promoted Chief Financial Officer Bryan ...

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  • 08 Mar
  • The Real Deal
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