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Month: January 2023

Hilton & Hyland taps David Kramer as president

Hilton & Hyland’s David Kramer, Lori Hyland, Billy Jack Carter (Photo by Anthony Barcelo/Barcelo Photography) David Kramer, a top producing agent at Hilton & Hyland, was named president of the Beverly Hills residential firm ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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Report finds impact of SB 9 “has been limited”

Sen. Scott Wiener (Illustration by The Real Deal with Getty) It was the state law that was supposed to end single-family zoning and remake California’s housing industry. But one year after the implementation of SB 9, the signature ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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Westfield misses deadline to pay off loan on Valencia mall

Unibail Rodamco-Westfield’s Jean-Marie Tritant and 24201 West Valencia Blvd in Valencia (Unibail Rodamco-Westfield, Getty) Unibail-Rodamco-Westfield has missed its deadline to pay off a $195 million loan connected to the Valencia Town ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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JPMorgan pays $138M for California retail portfolio

MetLife’s Robert Merck, Chase bank property (Loopnet, Getty, MetLife) J.P. Morgan Chase has acquired a 22-property California portfolio that it previously leased from MetLife, The Real Deal has learned. The package, which totals ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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Alexanders tap top Compass agent for LA expansion

Tal and Oren Alexander, Tyrone McKillen (Side, Getty, Pulse Development Group) The Alexander brothers are coming to Los Angeles, and they’ve tapped a top local Compass broker to kick things off. Tyrone McKillen will be bringing his ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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Brad Pitt to unload historic home in Los Feliz for $40M

Brad Pitt with 5769 Briarcliff Road (Getty, Google Maps) Brad Pitt is leaving his historic Craftsman home of nearly three decades in Los Feliz. He seeks $40 million. The “Babylon” star and producer has quietly listed the ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
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Ares Management to relocate HQ in Century City

Ares Management’s Michael Arougheti and 1800 Avenue of the Stars (LinkedIn, Montalba Architects) Ares Management is moving its marbles down the block in Century City. The Los Angeles-based investment management firm has signed a ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
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Movers: Former Italian basketball star named partner, the Gitlins move to Coldwell Banker

From left: Bob Rubenstein, Desiree Walker, Brent Watson, Morgan Trent, Susan and Drew Gitlin, Marco Salari, and Michelle Montany (Watson Salari, Coldwell Banker, Morgan Trent Luxury, Eklund|Gomes, Douglas Elliman, Getty) Marco Salari ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
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Shekhter’s WSC to list 2,000-unit Santa Monica builder’s remedy project

WS Communities’ Scott Walter and NMS Properties’ Neil Shekhter with rendering of 3030 Nebraska Avenue (WS Communities, Kevin Scanlon, Getty) WS Communities, an affiliate of Neil Shekhter’s NMS Properties, is planning to list its ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
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Frank Gehry project with approvals for sale in Hollywood

Townscape Partners’ Tyler Siegel and John Irwin with rendering of 8150 Sunset Boulevard and demolished Lytton Savings Bank (Getty, Gehry Partners LLP) Townscape Partners, a developer that demolished a midcentury bank in Hollywood to ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
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