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Month: May 2022

LA County to create new agency to focus on homelessness

L.A. County Supervisor Kathryn Barger (Getty Images, iStock) Los Angeles County will create a new agency intended to handle the homelessness crisis. The Board of Supervisors voted to create a new entity to oversee various agencies and ...

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  • 04 May
  • The Real Deal
  • Uncategorized
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Primestor plans 4.5M sf makeover for San Fernando Valley mall

Primestor Development’s Arturo Sneider and Panorama Mall at 8389 North Van Nuys Boulevard (Primestor, LinkedIn) UPDATED, May 4, 2022, 4:19 p.m.: Primestor Development is planning to replace a mall in Panorama City with a hotel, ...

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  • 04 May
  • The Real Deal
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Push for ballot measure to tax resi sales over $5M moves forward

(iStock) A measure to tax high-dollar home sales to further fund homelessness programs in Los Angeles appears likely to qualify for the November ballot. Advocates for the United to House L.A. initiative have submitted nearly 98,200 ...

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  • 04 May
  • The Real Deal
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SaMo mansion still priciest listing after $10M chop

1525 San Vicente Boulevard (Zillow) A mansion that currently holds the distinction of being the priciest listing in Santa Monica continues to succumb to gravity, getting another $10 million price chop to settle for now at an asking ...

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  • 04 May
  • The Real Deal
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Nuptials Mar-a-Lago style: Donald Trump, Don Peebles, Barry Sternlicht among real estate elite at Witkoff wedding

A photo illustration of prominent guests at the Witkoff wedding (via Instagram) Some are calling it the wedding of the year. Zach Witkoff, president of Witkoff Capital, married model and actress Sophi Knight at the Mar-a-Lago Club in ...

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  • 03 May
  • The Real Deal
  • Uncategorized
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Shaul Kuba of CIM Group remaking West Adams

CIM Group’s Shaul Kuba (Getty, START Los Angeles) A Mid-Wilshire real estate firm is rebuilding the inner city neighborhood of West Adams – but not to everyone’s approval. Shaul Kuba, a co-founder of CIM Group, is remaking the scrappy ...

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  • 03 May
  • The Real Deal
  • Uncategorized
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Amazon take 439K sf of office space for three SoCal ‘tech hubs’

Jeff Bezos in front of the Spectrum Terrace at 17300 Laguna Canyon Road in Irvine (top) and the Water Garden at 1620 26th Street in Santa Monica (bottom) (Getty Images, Spectrum Terrace, Water Garden, iStock) Amazon.com has inked deals ...

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  • 03 May
  • The Real Deal
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LA Times picks Bass after Daily News gives nod to Caruso

Rick Caruso and Karen Bass (Caruso, Wikipedia) Everyone agrees Los Angeles has problems — a homelessness crisis, soaring housing costs,  rising crime. Don’t expect broad agreement on whether a real estate developer or a veteran ...

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  • 03 May
  • The Real Deal
  • Uncategorized
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The Agency acquires Triplemint for NYC debut

From left: The Agency’s Phillip Lang, Rainy Hake Austin, Mauricio Umansky and David Walker (The Agency, iStock/Photo Illustration by Steven Dilakian for The Real Deal) The Agency has acquired New York City-based Triplemint in an ...

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  • 03 May
  • The Real Deal
  • Uncategorized
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RH Chief Gary Friedman sells Beverly Hills estate

Gary Friedman with 1360 Summitridge (Getty, Aaron Kirman Group) That’s some restoration project. Gary Friedman, chairman and chief executive officer of RH, formerly Restoration Hardware, is taking his toolbox elsewhere after selling a ...

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  • 03 May
  • The Real Deal
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