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Month: November 2022

Greenland sells Metropolis apartment tower for $500M

Northland’s Matthew Gottesdiener and Greenland Holdings’ Zhang Yuliang with the THEA at Metropolis at 1000 W. 8th Street in Los Angeles (TheaDTLA, LinkedIn, Getty) A Chinese developer has sold the tallest apartment tower in Downtown ...

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  • 09 Nov
  • The Real Deal
  • Uncategorized
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Las Vegas bullet train segment from Rancho Cucamonga clears federal review

Wesley Edens and Rancho Cucamonga terminal for Brightline West (Brightline West, Getty) Plans to build a bullet train from the Inland Empire to Las Vegas lurched forward with a federal review of the project’s Rancho Cucamonga leg. U.S. ...

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  • 09 Nov
  • The Real Deal
  • Uncategorized
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Oracle puts Santa Monica office complex up for sale

Oracle’s Larry Ellison with 2600 Colorado Avenue (Loopnet, Getty) Oracle, the Austin-based software firm run by billionaire Larry Ellison, has put an office campus in Santa Monica on the sales block, The Real Deal has learned. The ...

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  • 09 Nov
  • The Real Deal
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Reuben brothers respond to DigitalBridge’s Century Plaza allegations

Digital Bridge’s Marc Ganzi, Simon and David Reuben with Fairmont Century Plaza (Digital Bridge, Getty, Google Maps) The Reuben brothers have responded to the slew of allegations DigitalBridge has made against them, which claim the ...

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  • 08 Nov
  • The Real Deal
  • Uncategorized
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Santa Monica council member: Let’s work together on builder’s remedy

Santa Monica Council member Phil Brock (votebrock.org, Getty) Towards the end of October, the City of Santa Monica seemed to be signaling a looming legal battle triggered by builder’s remedy. Just a couple weeks earlier, at a council ...

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  • 08 Nov
  • The Real Deal
  • Uncategorized
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Holmby Hills house built by Golden Age star Barbara Stanwyck lists for $50M

From left: Lea Porter, Robert Taylor, and Barbara Stanwyck with 423 N Faring Rd (Getty, Lea Porter, Zillow) A Holmby Hills house built by Barbara Stanwyck and Robert Taylor, movie stars of Hollywood’s Golden Age, has gone on the market ...

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  • 08 Nov
  • The Real Deal
  • Uncategorized
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JP Morgan shopping 1.4M sf Santa Monica office campus

JP Morgan’s Mary Callahan Erdoes with 1620 26th St (Loopnet, Getty) J.P. Morgan Asset Management has joined the slew of investors looking to bail out of a spiraling Los Angeles office market. The firm has listed its trophy tech hub in ...

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  • 08 Nov
  • The Real Deal
  • Uncategorized
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Ryan Seacrest’s $51M estate comes with Hollywood history

Ryan Seacrest, WEA’s Kurt Rappaport and Ellen De Generes (Getty, WEA) Ryan Seacrest sold his Beverly Hills estate — a compound with connections to Hollywood celebrities Ellen De Generes and Joan Collins — for $51 million on Nov. 7. ...

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  • 08 Nov
  • The Real Deal
  • Uncategorized
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Dr. Dre selling his Malibu beach estate with $20M asking price

Dr. Dre and 22616 Pacific Coast Highway in Malibu (Zillow, Getty) Rapper and record producer Dr. Dre is unloading his boxy pad on the beach in Malibu for $20 million. Andre “Dr. Dre” Young has listed his 8,800-square-foot vacation home ...

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  • 08 Nov
  • The Real Deal
  • Uncategorized
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Poll: Bass leads Caruso by 4% in runup to LA mayoral vote

Rick Caruso and Karen Bass (Getty) A new poll has Rep. Karen Bass leading billionaire developer Rick Caruso by 4 percentage points among likely voters in the sprint toward Tuesday’s election for Los Angeles mayor. Bass now leads Caruso ...

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  • 07 Nov
  • The Real Deal
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