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Month: November 2022

Developer leaks crude emails by Redondo Beach mayor

Redondo Beach Mayor Bill Brand with Redondo Beach pier (Bill Brand via Twitter, Google Maps, Getty) Redondo Beach Mayor Bill Brand, a slow-growth mastermind in the South Bay city and beyond, has come under fire for crude emails about ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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Cut and run: Mosaic looks to offload Park DTLA office campus

Mosaic Real Estate Investors’ Ethan Penner, Rising Realty’s Christopher Rising and KW Commercial’s Tony Wood; Park DTLA at 261 South Figueroa Street (Linkedin, Rising Realty, Park DTLA, Getty) In a desperate attempt to tidy its books, ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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Schon Tepler and partner list Koreatown co-living development for $29M

Schon Tepler’s Paul Schon and 749 Gramercy Drive (Redfin, Getty, courtesy of Paul Schon) A local development group is looking to cash out for $29 million on a six-story co-living project in Koreatown. But it’s not even finished yet. ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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LA leads nation in apartment conversions

(llustration by Kevin Cifuentes for The Real Deal with Getty Images) Los Angeles is dumping its office desks for sectional sofas. The nation’s second-largest city has led the nation this year in apartment conversions, setting a record ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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Top agent Aaron Kirman leaving Compass to launch Christie’s-powered shop

Aaron Kirman (Aaron Kirman Group) UPDATED, Nov. 15, 12:36 p.m.: Aaron Kirman, a top-ranked Los Angeles luxury agent, is leaving Compass, The Real Deal has learned. He is launching his own shop, Aaron Kirman Group, in partnership with ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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KBS’ former chief auditor charged with allegedly stealing $2.6M

Varun Aggarwal and KBS’ Charles Schreiber (KBS, LinkedIn) Over a period of 10 years, KBS Realty Advisors’ former chief auditor allegedly stole about $2.6 million from the company by creating and submitting fake invoices for work that ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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Mansion donated to charity by MacKenzie Scott sells for $37M

MacKenzie Scott and the Beverly Hills home (Getty, Google Maps) A Beverly Hills mansion, which had been recently donated to charity by billionaire philanthropist MacKenzie Scott, sold last week for $37 million, Mansion Global reported. ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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Hoag Hospital Irvine launches $1B expansion

Hoag’s Robert Braithwaite with 16200 Sand Canyon Avenue ( Hoag Hospital Foundation, Getty) Hoag Hospital Irvine has launched a $1 billion expansion of more than 1 million square feet, doubling its number of beds. The hospital will add ...

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  • 14 Nov
  • The Real Deal
  • Uncategorized
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Luxe rentals ramp up in suburban Glendale

Octane Group’s Greg McLemore and the Arista Glendale building (Greg McLemore, Arista Glendale) A couple of projects have brought luxe rental prices to Glendale, a suburban city where rents have been relatively reasonable for the pricey ...

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  • 14 Nov
  • The Real Deal
  • Uncategorized
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DeGeneres and Rossi pay $29M for Modernist gem in Bel-Air

Ellen DeGeneres, Portia de Rossi and Brown-Sidney House at 10801 Chalon Road (Getty, Marmol Radziner Architecture) Ellen DeGeneres has rejoined L.A. Cool by buying a Richard Neutra-designed, mid-century modern home in Bel-Air for $29 ...

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  • 14 Nov
  • The Real Deal
  • Uncategorized
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