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Month: October 2022

Knotel to open coworking location in Malibu

Knotel CEO Michael Gross and 22761 Pacific Coast Highway (CBRE, Newmark) Knotel, the proptech and coworking firm owned by Newmark, has signed Malibu’s largest office lease in more than a decade, The Real Deal has learned. The firm has ...

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  • 20 Oct
  • The Real Deal
  • Uncategorized
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Gondola moves closer to floating fans to Dodger Stadium

Los Angeles Aerial Rapid Transit Technologies’ Frank McCourt; renderings of station entrance & gondola gondola (LA Art, Getty, McCourt.com) The Los Angeles Dodgers just blew a shot at the World Series, but a $120 million plan to ...

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  • 20 Oct
  • The Real Deal
  • Uncategorized
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Most SoCal cities miss state housing plan deadline

(Photo Illustration by The Real Deal with Getty) Nearly two thirds of Southern California cities and counties have breezed past a state deadline to plan more homes, giving up a 2.5-year extension to rezone land. Some 124 governments ...

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  • 20 Oct
  • The Real Deal
  • Uncategorized
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LA County leads the nation in overcrowded homes

(Illustration by The Real Deal; Getty) Los Angeles County, a pioneer of single-family housing sprawl, has more overpacked homes than anywhere in the U.S. For three decades, the county has led the nation in overcrowding, with 11 percent ...

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  • 19 Oct
  • The Real Deal
  • Uncategorized
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Prologis CEO denies Amazon, FedEx industrial pullback

Prologis CEO Hamid Moghadam and CFO Timothy Arndt (Prologis, Getty) Always read more than the headlines — that’s the advice Prologis CEO Hamid Moghadam and CFO Timothy Arndt gave analysts on a third-quarter earnings call on Wednesday. ...

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  • 19 Oct
  • The Real Deal
  • Uncategorized
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Side confirms new round of layoffs

Side, a venture-backed white-label brokerage that has teamed up with some of the biggest residential dealmakers, just conducted a new round of layoffs, The Real Deal has learned. When asked for comment, San Francisco-based Side ...

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  • 19 Oct
  • The Real Deal
  • Uncategorized
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Home price discounts grow sixfold in LA County

(Photo Illustration by The Real Deal with Getty) The Los Angeles housing market continues to cool, with the number of discounted listings hovering just below its peak since the start of the pandemic. In September, the number of ...

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  • 19 Oct
  • The Real Deal
  • Uncategorized
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Sugar Ray Leonard starts new round with $45M listing

Sugar Ray Leonard and 1550 Amalfi Drive in Pacific Palisades (Anthony Barcelo, Getty) Sugar Ray Leonard is going for an extra round with a Pacific Palisades estate. Leonard, an Olympic gold medalist and champion in five different ...

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  • 19 Oct
  • The Real Deal
  • Uncategorized
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Torrance housing plan squeaks under state deadline

Torrance mayor George Chen and an aerial of Torrance, CA (Google Maps, TorrenceCA.gov, Getty) The City of Torrance has found room to build nearly 5,000 new homes, many of them affordable, by the end of the decade. The South Bay city ...

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  • 19 Oct
  • The Real Deal
  • Uncategorized
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Peebles, MacFarlane: LA City Council’s racism has impeded Angels Landing project

Victor MacFarlane (left) and Don Peebles with a rendering of Angels Landing (Getty, Angels Landing DTLA, Illustration by Kevin Rebong for The Real Deal) UPDATED: Oct. 18, 5:40 p.m In late March, on a morning when Southern California ...

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  • 18 Oct
  • The Real Deal
  • Uncategorized
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