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Month: August 2022

Co-working operator The Wing goes out of business

The Wing’s Fatima Koning and the Wing West Hollywood, 8550 Santa Monica Blvd (The Org, The Wing, Getty) The Wing, a co-working and networking space geared toward women in West Hollywood and beyond, has crashed. The New York-based firm ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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MetLife wants $150M for Chase bank portfolio across state

MetLife’s Michel Khalaf, Chase bank property (Loopnet, Getty, MetLife) MetLife is selling a portfolio of Chase bank locations across California after owning the properties for 32 years, The Real Deal has learned. The insurer is ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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First Foundation bank renews lease at former HQ in Irvine

First Foundation’s Scott Kavanaugh and 18101 Von Karman Avenue in Irvine (First Foundation, LoopNet, Getty Images) An Orange County bank that moved its corporate hub to Texas last year has renewed the lease of its former headquarters ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Trousdale Estates mansion returns with $2M price hike

Rommy Shy and 911 Loma Vista Drive in Beverley Hills (Royalty Realty, Zillow, Getty) Prices for the wider housing market are cooling off, but in a seemingly counterintuitive move, the asking price for a mansion located at 911 Loma ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Black-led film studios planned for South LA

Pantheon Business Consulting’s Stan Washington, 4S Bay Partners’ Jessica Sarowitz and rendering of project at 3701 and 3731-3761 Stocker Street (Pantheon Business Consulting, 4S Bay Partners, Getty, Stocker Street Creative) A Beverly ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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California Legislature Passes 4 Housing Bills

From left: Gavin Newsom and California State Representative Buffy Wicks (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images) The California state legislature has passed a slate of new pro-density housing bills ...

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  • 30 Aug
  • The Real Deal
  • Uncategorized
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Retail-to-residential conversion for Glendale Sears store

Merlone Geier Managing Partners’ Peter J. Merlone with 236 North Central Avenue (Getty, Merlone Geier) San Diego developer Merlone Geier plans to redevelop a shuttered Sears store in Glendale into a 682-unit apartment complex, The Real ...

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  • 30 Aug
  • The Real Deal
  • Uncategorized
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Months after bankruptcy sale, The One spawns another suit

Nile Niami and The One (Getty) Months after a bankruptcy judge resolved the fate of The One megamansion in Bel Air by approving an auction sale for $126 million, companies involved with the property continue to file lawsuits. The ...

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  • 30 Aug
  • The Real Deal
  • Uncategorized
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Seven-story apartment planned for Lincoln Heights

3601-3615 Mission Road in Los Angeles (Google Maps, Getty) UPDATED: 1:45 p.m. August 30, 2022 A developer wants to build a seven-story, 184-unit apartment complex in Lincoln Heights — a project that would represent a significant turn ...

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  • 30 Aug
  • The Real Deal
  • Uncategorized
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RentSpree raises $17M in funding round

RentSpree’s Michael Lucarelli (LinkedIn, Getty) RentSpree, which provides rental management software, has raised $17.3 million in new funding. San Francisco-based financial tech investor Green Visor Capital led the Series B round for ...

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  • 30 Aug
  • The Real Deal
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