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Month: January 2023

Here are the largest LA office leases of 2022

1950 Avenue of the Stars (Bjarke Ingels Group, Getty) With its vacancy rate hitting a record 20 percent during the third quarter, Los Angeles’ office market reported subdued numbers in 2022, the only exception being a single lease in ...

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  • 04 Jan
  • The Real Deal
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Beverly Hills voters may decide fate of Cheval Blanc hotel

Beverly Hills Mayor Lili Bosse and LVMH’s Bernard Arnault with renderings of Cheval Blanc (City of Beverly Hills, Getty, Gruen Associates) LVMH is a hotel brand often reserved for those who can afford a $2,000 handbag or $300 bottles ...

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  • 04 Jan
  • The Real Deal
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SoCal home prices fall for sixth straight month

(Getty) Home prices across Southern California have slipped for the sixth straight month, the result of increasing monthly mortgage rates. Prices in the lower half of the state fell for a sixth straight month in November, wiping out ...

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  • 04 Jan
  • The Real Deal
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A third of California homeowners pay no mortgage

2.4 million homeowners in California, or 33 percent of all property owners, own their properties free and clear (Illustration by The Real Deal with Getty) A third of California homeowners own their properties free and clear. Nearly 2.4 ...

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  • 03 Jan
  • The Real Deal
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“Never made any sense”: Op-ed blasts LA’s transfer tax

From left: Howard Jarvis Taxpayers Association’s Jon Coupal; AAGLA’s Dan Yukelson; and SCNG’s Ron Hasse (Getty, AAGLA, YouTube/Howard Jarvis Taxpayers Association, Twitter/Ron Hasse) In a sign that momentum — or at least public outrage ...

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  • 03 Jan
  • The Real Deal
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Alder Holdings aims for 23 apartments in Larchmont

Alder Holdings’ Adam Schanz with rendering of 600 North Gramercy Place (Adam Schanz, JM Architect, Getty) Alder Holdings aims to build a five-story apartment building in Larchmont. The owner of the property has filed plans to build the ...

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  • 03 Jan
  • The Real Deal
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Here’s a look at LA real estate’s buzziest stories of 2022

From left: Kim Kardashian, Arte Moreno, yak bull, Jeffree Star and Rick Caruso (Getty) Southern California has an abundance of celebrities who intersect with the region’s real estate markets. Top “buzzworthy” stories in 2022, as ...

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  • 03 Jan
  • The Real Deal
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Side taps Zillow alum as first president

Side’s CEO Guy Gal and newly appointed president Stephen Capezza (Getty, Side) Side, the six-year-old startup that provides white-label services for brokerage teams, has tapped a Zillow veteran to drive national growth as its first ...

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  • 03 Jan
  • The Real Deal
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Habitat for Humanity to build duplexes in Santa Ana

Habitat for Humanity OC president Monique Davis and 1921 West Washington Avenue (Habitat for Humanity, Google Maps) Habitat for Humanity, the national nonprofit, is slated to build three duplexes in Santa Ana after receiving a ...

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  • 03 Jan
  • The Real Deal
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The Real Deal’s January issue is live for subscribers!

Welcome to January and another new issue of The Real Deal. This month, we kick off the new year by sitting down with Thad Wong, co-founder and CEO of @properties, Chicago’s largest independent residential real estate brokerage. After ...

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  • 03 Jan
  • The Real Deal
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