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Month: November 2022

Kurt Rappaport moves his shop to new HQ in Beverly Hills

WEA’s Kurt Rappaport and Stephen Shapiro with rendering of 460 North Canon Drive (Westside Estate Agency) Westside Estate Agency, one of L.A.’s most exclusive boutique real estate brokerages, is moving to a new location in a building ...

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  • 17 Nov
  • The Real Deal
  • Uncategorized
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Urban Commons puts FiDi hotel into bankruptcy

Urban Commons’ Salvatore G. Takoushian with Wagner at the Battery (Google Maps, Getty, Urban Commons) Los Angeles hospitality firm Urban Commons has filed for bankruptcy on the hotel portion of the Wagner at the Battery, just weeks ...

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  • 17 Nov
  • The Real Deal
  • Uncategorized
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Caruso concedes after $100M campaign for LA mayor

Rick Caruso and Karen Bass (Getty) Rick Caruso has conceded the mayoral election in Los Angeles to U.S. Rep. Karen Bass, a longtime elected official who withstood his $100 million self-funded campaign to pull away to a handy victory ...

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  • 17 Nov
  • The Real Deal
  • Uncategorized
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Onni Group to replace apartments with hotel suites in Long Beach and Hollywood

Onni Group President Rossano De Cotiis with renderings of 200 N. Long Beach Boulevard in Long Beach and 6091 W. Santa Monica Boulevard in Hollywood (IBI Group, Kilograph) Onni Group has added extended-stay hotels to apartments under ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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Rex founder hikes price of clifftop Malibu estate to $72M

Rex CEO Jack Ryan and 32300 Pacific Coast Highway (Compass, LinkedIn) The co-founder of Rex — Real Estate Exchange didn’t shave the price of his cliff-top Malibu estate after 11 long months of looky loos. He raised the price $7 ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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Builder’s remedy moves inland to Hawaiian Gardens

Urban Pacific’s Scott Choppin (Urban Pacific) Weeks after a flurry of so-called builder’s remedy project applications in Santa Monica set off a statewide frenzy, the previously obscure legal provision has now appeared in the small L.A. ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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Prominent agent Zach Goldsmith joins The Agency

The Agency’s Zach Goldsmith (The Agency, Getty) Zach Goldsmith, a high-end residential broker who sells large-tract estates, has left the beleaguered firm Hilton & Hyland to join The Agency. On Nov. 14, The Agency announced that ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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LA transfer tax advocates declare victory

Transfer tax advocates include SEIU’s April Verrett, L.A. Family Housing’s Stephanie Klasky-Gamer and Alliance for Community Transit-Los Angeles’ Laura Raymond (SEIU, L.A. Family Housing, Alliance for Community Transit-Los Angeles) ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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WSC lists three builder’s remedy-approved projects in Santa Monica

From left: Neil Shekhter and WSC Communities’ Scott Walter with 2901 Santa Monica Boulevard (Google Maps) Just months after rushing to capitalize on a legal loophole known as builder’s remedy in the city of Santa Monica, WSC ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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Ratkovich JV scores $90M in energy and construction financing for West Harbor

Ratkovich Company’s Brian Saenger and the West Harbor project (Ratkovich Company, West Harbor) Developers of a mile-long West Harbor shopping and dining destination along the San Pedro waterfront have broken ground after securing $90 ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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