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Month: April 2022

Brokers see retailers flock back to Melrose Avenue

Carine Mamann, CBRE’s Andrew Turf and Ryan Gurman (Carine Mamann, Cushman & Wakefield, CBRE) It wasn’t hard to notice a smattering of “For Lease” signs on empty storefronts around Melrose and La Cienega during the pandemic. You ...

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  • 19 Apr
  • The Real Deal
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Montebello gives go-ahead for 156 apartments

Magna and Magna’s Mark Magna and a rendering of 116, 128 and 136 N. Poplar Ave., Montebello (LinkedIn, City of Montebello) The City of Montebello has approved plans to replace a number of older homes and apartments with two multifamily ...

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  • 18 Apr
  • The Real Deal
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Film producer closes priciest Pacific Palisades home sale

14984 Corona Del Mar (Zillow, iStock) Hedge fund manager and film producer Thomas Giovine has just closed the most expensive home sale in the Pacific Palisades so far this year, selling a custom-built mansion with rare ocean frontage ...

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  • 18 Apr
  • The Real Deal
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New merch: Hustle in style with official TRD totes and socks

They’re everywhere. Exhausted; ragged. Hanging by a thread, really. Hauled out to the subway, slung over an office chair, shoved into a gym locker, dragged through the grocery store, back on the train, then hung over on a door knob ...

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  • 18 Apr
  • The Real Deal
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Laguna Beach manse connected to Ozzie and Harriet up for sale

Ozzie and Harriet Nelson with Laguna Beach ( Everett Collection) A Laguna Beach mansion that replaced a cliffside home owned by the late sitcom stars Ozzie and Harriet Nelson is asking $40 million. The three-story, 8,700-square-foot ...

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  • 18 Apr
  • The Real Deal
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Hudson Pacific, CBRE eye West Coast hubs with impact fund for women, ethnic minorities

Hudson Pacific’s Chris Pearson and CBRE’s Lewis Horne (Hudson Pacific, CBRE, iStock) Hudson Pacific Properties has launched an investment fund to redevelop office properties along the West Coast — with 25 percent of its profits to go ...

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  • 18 Apr
  • The Real Deal
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He bought “The One.” What’s in it for him?

The One at 944 Airole Way in Bel-Air (Concierge Auctions) Less than an hour before the scheduled deadline for the most famous residential auction in recent memory, the high bid on The One — a property that had once been floated at a ...

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  • 18 Apr
  • The Real Deal
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Pol says power shortage threatens Inland Empire’s industrial development

Riverside County Supervisor Kevin Jeffries (PE, Stord) The Inland Empire, a national powerhouse for distribution warehouses, lacks the electricity to plug in more than a dozen developments planned for Riverside County, an elected ...

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  • 18 Apr
  • The Real Deal
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“Resident Evil” star, director selling their Los Angeles home for $14M

(Douglas Elliman Realty) The wife and husband team that respectively starred in and directed the sci-fi hit “Resident Evil” have listed their long-time Los Angeles home for nearly $14 million. The Wall Street Journal is reporting ...

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  • 17 Apr
  • The Real Deal
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Zedd relists Beverly Crest home for quick sale

Zedd with 3000 Benedict Canyon Drive (Getty, Zillow) Electronic music DJ and producer Zedd has re-listed his 11,000-square-foot home in Beverly Crest for $23 million, down from its original price of $26.5 million last summer. The ...

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  • 15 Apr
  • The Real Deal
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