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Month: August 2022

Manhattan Beach home away from water lists for $22M

Kayne Anderson Capital’s JC Frey and 500 North Poinsettia Avenue (Kayne Anderson Capital Advisors, Zillow) Fund manager J.C. Frey of Kayne Anderson Capital Advisors and his wife Kristi put their custom Manhattan Beach home on the ...

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  • 15 Aug
  • The Real Deal
  • Uncategorized
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Langdon Park Capital buys $49M West Covina apartments

Langdon Park Capital’s Malcolm Johnson with 1829 East Workman Avenue (Apartments, Getty, Langdon Park Capital) Langdon Park Capital has bought an apartment complex in West Covina, marking its fourth investment since it was founded last ...

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  • 15 Aug
  • The Real Deal
  • Uncategorized
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Long Beach poised to enforce coastal short-term rental rules

(Getty) It’s time for Long Beach homeowners near the coast to register their short-term rentals – or else. Property owners near the beach who want to share their homes as short-term rentals must register with the city by Sept. 6 or ...

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  • 15 Aug
  • The Real Deal
  • Uncategorized
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Butterfly House in Carmel hits market at $40M

The iconic Butterfly House in Carmel (Zillow) The iconic Butterfly House in Carmel-By-The-Sea is back on the market for more than twice what it sold for less than 10 years ago. Designed by architect Frank Wynkoop, the home is hitting ...

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  • 14 Aug
  • The Real Deal
  • Uncategorized
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Prominent Burbank intersection to feature 144-unit apartment project

Worthe Real Estate’s Jeff Worthe with 3201 W. Olive Avenue (Getty Images, Wolcott Architecture) Worthe Real Estate Group aims to build 144 apartments near The Burbank Studios, once home to NBC’s “The Tonight Show.” The Santa ...

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  • 12 Aug
  • The Real Deal
  • Uncategorized
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Cecil Hotel, Project Roomkey addressed by LA Homelessness Committee

From left: Kevin De Leon and Matt Baron with the Cecil Hotel (Ballotpedia, Getty, Loopnet, Baron property group) The status of a privately funded venture to provide shelter to homeless people was settled Aug. 11 by a Los Angeles City ...

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  • 12 Aug
  • The Real Deal
  • Uncategorized
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Relevant Group owes $3M for Tommie hotel project: suit

Relevant Group’s Grant King and the Tommie Hotel at 6516 Selma Avenue in Hollywood (Getty Images, Relevant Group, LoopNet) Relevant Group is in hot water over a large sum of allegedly unpaid contractor and construction fees. Suffolk ...

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  • 12 Aug
  • The Real Deal
  • Uncategorized
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Foreclosures jump 116% in California in last year

(Illustration by Kevin Cifuentes for The Real Deal with Getty Images) The number of foreclosures in California has doubled, with the state second in the U.S. for the number of people at risk of losing their homes. Foreclosures in the ...

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  • 12 Aug
  • The Real Deal
  • Uncategorized
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Pico Rivera approves 45 townhomes in “blighted” area

Warmington Residential’s Jim Warmington with 4820 Durfee Avenue (Warmington Residential, City of Pico Rivera, Getty Images) An Orange County developer was approved to build a 45-unit townhome complex in Pico Rivera. Warmington ...

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  • 12 Aug
  • The Real Deal
  • Uncategorized
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Mark Burnett, Roma Downey seek to sell Malibu home

Mark Burnett & Roma Downey with 23422 Malibu Colony Road in Malibu (Zillow, Getty) After eight years of being listed on-and-off as a rental, an oceanfront home in Malibu’s exclusive Malibu Colony enclave was listed for sale for ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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