California Governor Gavin Newsom (Illustration by Ilya Hourie for The Real Deal with Getty) Just over one year after greenlighting SB 9, arguably California’s most significant new housing law in generations, on Wednesday California ...
Century Plaza project at 2025 Avenue of the Stars and Woodbridge Capital Partners’ Michael. Rosenfeld (CoStar) A stake in the $2.5 billion Century Plaza Hotel redevelopment in Century City may soon hit the auction block after a ...
Cobby Pourtavosi with Four Points by Sheraton at LAX (LinkedIn, Google Maps, Getty) Cobby Pourtavosi, an investor turned cannabis entrepreneur, has bought a hotel near LAX for $54.5 million. Two entities that list Pourtavosi as a ...
Mayoral candidate Rick Caruso (Illustration by The Real Deal with Getty) Here’s a line that never seems to get old: Rick Caruso is spending again. The mayoral candidate and billionaire developer gave his campaign a fresh $7.3 million ...
John Wayne and 2612 Mesa Drive in Newport Beach (Getty, Zillow) What would it cost to own a former duck farm once visited by John Wayne, James Cagney and Clark Gable in Newport Beach? The ask: $25 million. The owners of the 2.5-acre ...
Valley Central at 44400 Valley Central Way in Lancaster (Google Maps, Getty) A 375,500-square-foot shopping center in Lancaster has sold for $45.3 million, or $121 per square foot. The Valley Central traded hands at 44400 Valley ...
Lisa Optican with Douglas Elliman (Douglas Elliman, Loopnet, Getty) Lisa Optican, a broker who gained prominence for selling Marilyn Monroe’s Brentwood estate, has joined Douglas Elliman, the firm told The Real Deal. Optican, who was ...
Joel Schreiber, Starwood’s Barry Sternlicht and 801 South Broadway (MDM Builders Group, Getty) Starwood Capital is at its wits end with Joel Schreiber. Barry Sternlicht’s firm is suing Schreiber, best known as WeWork’s first investor, ...
UCLA chancellor Gene Block; former Marymount California University campus (UCLA, MCU) Rancho Palos Verdes may not be UCLA Bruin country. But when the landlocked university saw a chance to expand out of Westwood, it paid $80 million for ...
Brookfield Properties’ Brian Kingston and 601 South Figueroa Street (Brookfield Properties, Getty, Loopnet) Brookfield Properties wants to shed one of its trophy office towers in Downtown L.A., The Real Deal has learned. The investment ...