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Month: July 2022

Rexford extends industrial buying spree

Rexford CEOs Howard Schwimmer and Michael Frankel with recent acquisition at 3935-3949 Heritage Oak Court in Simi Valley (Rexford Industrial, Google Maps, Illustration by The Real Deal with Getty) One of Southern California’s biggest ...

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  • 20 Jul
  • The Real Deal
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NBP Capital building 289 apartments in Chinatown

NBP Capital’s Lauren Noecker and renderings for 100 W. Mesnager Avenue, Los Angeles (GBD Architects, LinkedIn) A Portland developer is constructing a 289-unit, mixed-use apartment complex in Chinatown. NBP Capital has started work on a ...

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  • 20 Jul
  • The Real Deal
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Roman James house in Hollywood Hills lists for nearly $30M

Roman James with 8365 Sunset View Dr (Instagram, Zillow) A Hollywood Hills home from luxe developer Roman James Build has entered the market with an asking price of $29.9 million. Completed this year, the five-bed, five-bathroom manse ...

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  • 20 Jul
  • The Real Deal
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Rent-controlled rates ratchet up along with inflation

(Illustration by The Real Deal with Getty Images) With high inflation comes double-digit rent increases, even for tenants with rent control. Hefty rent hikes loom for many Southern Callifornia renters despite state and local laws meant ...

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  • 20 Jul
  • The Real Deal
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Analysis: Report puts California housing shortage in national perspective

California governor Gavin Newsom and state senator Scott Wiener (Getty) A national report has shined a harsh new light on California’s well-documented housing shortage. “America is experiencing a housing crisis,” begins the executive ...

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  • 20 Jul
  • The Real Deal
  • Uncategorized
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Netflix lease exits total to $80M loss

Netflix co-CEOs Ted Sarandos and Reed Hastings and Netflix office at 1375 Vine Street (Google Maps, Getty, Illustration by Priyanka Modi for The Real Deal) Netflix’s struggles with waves of subscriber losses, layoffs and a plunging ...

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  • 19 Jul
  • The Real Deal
  • Uncategorized
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California Home Builders breaks ground on Q De Soto in Woodland Hills

California Home Builders CEO Shawn Evenhaim and a rendering of the Q De Soto project in Woodland Hills  (Newman Garrison + Partners, IAC) A local developer with a cluster of similarly branded housing projects has broken ground on a ...

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  • 19 Jul
  • The Real Deal
  • Uncategorized
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Relevant Group seeks partner on Morrison Hotel redevelopment

Relevant Group’s Grant King and the Morrison Hotel (Relevant Group, Google Maps) UPDATED, July 19, 2022, 2:39 p.m.: Just months after revealing a plan to redevelop The Doors’ beloved Morrison Hotel in Downtown L.A., Relevant Group ...

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  • 19 Jul
  • The Real Deal
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Influencer fashion brand, furniture maker sign leases in Arts District

Revolve’s Michael Mente and Mike Karanikolas with ROW DTLA in the Arts District (Revolve, Google Maps) Atlas Capital is filling up its mixed-use complex ROW DTLA, signing a fashion brand popular with social media influencers and a ...

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  • 19 Jul
  • The Real Deal
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Rose Bowl could benefit from Big Ten’s traveling fans

Pasadena Mayor Victor Gordo with the Rose Bowl stadium (City of Pasadena, Google Maps) The move by UCLA to join the Big Ten Conference could be a touchdown for the indebted Rose Bowl stadium. Stadium stewards, university leaders and ...

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  • 19 Jul
  • The Real Deal
  • Uncategorized
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