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Month: March 2022

DJM, Fortress gets pair of OC retail centers in California splurge

DJM’s D. John Miller with 9062 Adams Ave, 17070 Magnolia Street, 12342 Poway Road and 429 N McDowell Boulevard (DJM Capital, Google Maps) DJM Capital is continuing its California shopping spree, picking up four more retail centers from ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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“Million Dollar Listing” star Josh Flagg pays $9.2M for Beverly Hills pad

Josh Flagg and the new property on Bedford Drive in Beverley Hills (Josh Flagg, Getty) Josh Flagg, a star of “Million Dollar Listing” and luxury broker at Douglas Elliman, has bought himself a Beverly Hills mansion, closing on the deal ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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California moves to extend eviction ban, Covid rent relief

California moves to extend eviction moratorium and Covid rent relief (iStock) California could extend pandemic protections for tenants three more months to allow time to finish sending out rent relief payments. Assembly Bill 2179 would ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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San Fernando Valley cinema pegged for big-box makeover

Home Depot’s Craig Menear with 16830 W. Devonshire Street (Home Depot, Google Maps, Planning.lacity, iStock) A movie theater in the San Fernando Valley is getting the full Home Depot treatment. Home Depot, the Atlanta-based home ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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LA-based billionaire splurging on New York City real estate

Nicolas Berggruen (Getty Images, Beyond My Ken, CC BY-SA 4.0 – via Wikimedia Commons iStock/Photo Illustration by Steven Dilakian for The Real Deal) UPDATED, March 25, 2022, 11:45 a.m.: A storm is a’Berggruen. Los Angeles-based ...

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  • 25 Mar
  • The Real Deal
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Ben Affleck and Jennifer Lopez in escrow on Bel-Air manse

Ben Affleck, Jennifer Lopez and 10771 Bellagio Road in Bel-Air (Getty, Zillow) Ben Affleck and Jennifer Lopez have offered to buy a nearly 20,000 square-foot mansion in Bel-Air for $55 million – $10 million off the asking price. The ...

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  • 24 Mar
  • The Real Deal
  • Uncategorized
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$41M loan for DTLA micro housing

HDC’s Brad Padden with rendering of the Flower Street micro-housing (Housing Diversity Corp, Steinberg Hart) A micro-housing developer has secured a $41.1 million construction loan for a 227-unit apartment complex in Downtown Los ...

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  • 24 Mar
  • The Real Deal
  • Uncategorized
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Kroenke confirmed as buyer of LA zombie mall

Los Angeles Rams Sam Kroenke with Woodland Hills Promenade (Getty, iStock) Stan Kroenke, the owner of Super Bowl champion the Los Angeles Rams, has been confirmed as the buyer of a Woodland Hills mall that his team reportedly wants as ...

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  • 24 Mar
  • The Real Deal
  • Uncategorized
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Hollywood site with plans for megamansion hits market

1380 Mockingbird Place (Google Maps, Zillow) A Hollywood Hills home with approved plans for a 30,000 square foot megamansion is on the market for nearly $45 million. The property at 1380 Mockingbird Place, which sits on a ...

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  • 24 Mar
  • The Real Deal
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Rexford buys 124,000 square-foot business park in Long Beach

Rexford’s Howard Schwimmer and Michael Frankel with 701-733 W. Anaheim St (Rexford, Newmark, iStock) Rexford Industrial Realty bought a 123,532-square-foot business park in Long Beach for $24 million. A company identified as RPG 14 ...

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  • 24 Mar
  • The Real Deal
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