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Month: January 2023

Seagram heir revealed as buyer of $28M Hollywood Hills home

Ellen Bronfman Hauptman, Andrew Hauptman and 8905 Devlin Place, Los Angeles (The Charles Bronfman Prize, Luxury House, Getty) The mystery buyer of a $28.3 million mansion in the Hollywood Hills designed by Paul McClean was a Canadian ...

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  • 16 Jan
  • The Real Deal
  • Uncategorized
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Michael B. Jordan lists Encino mansion for $13M

Michael B. Jordan and 4565 Encino Avenue (Google Maps, Getty) Michael B. Jordan, star of “Creed” and “Black Panther,” is looking to sell his Los Angeles mansion for almost $13 million. Andrew Mortaza and Bryan Castaneda of The Agency ...

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  • 14 Jan
  • The Real Deal
  • Uncategorized
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These savvy investors are set to lose big in the Century Plaza foreclosure

Michael Rosenfeld, Doug Frye, Glorya Kaufman, Harvey Bookstein and 2050 Avenue of the Stars (Getty, Linkedin, Google Maps, USC Glorya Kaufman School of Dance) UPDATED Jan. 13, 2023, 3:31 p.m. Doug Frye, former CEO of Colliers. Harvey ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Daylight and Decro to open modular apartments in Harvard Heights

Daylight Community Development’s Greg Comanor, Decro Corp’s Ted M. Handel and 1043 South Harvard Boulevard (Studio One Eleven, Linkedin, Decro Corp, Getty) Daylight Community Development and Decro have completed 47 apartments for ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Top agent Chernov accused of squeezing partner out of deal

Stefanie Pollack and Dennis Chernov (Getty, Chernov Team, LinkedIn) Dennis Chernov, a top San Fernando Valley broker, squeezed a fellow broker out of a development site deal and pocketed the proceeds, a lawsuit the broker filed ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Thrive Living to put Costco topped by 800 apartments in Baldwin Hills

Ben Shaoul with rendering of 5035 West Coliseum Street (Getty, AO) Thrive Living aims to go large in Baldwin Hills. Thrive, a Los Angeles-based unit of Magnum Real Estate Group of New York, has announced plans to build a six-story ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Anaheim demolishes crime-ridden motel for housing

Anaheim Mayor Ashleigh Aitken and the Covered Wagon Motel at 823 South Beach Boulevard in Anaheim (Anaheim.net, Loopnet) The City of Anaheim has bought and bulldozed a crime-ridden motel as part of a campaign to redevelop Beach ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Redlining settlement will cost City National Bank $31M

Attorney General Merrick Garland and City National Bank president Kelly Coffey (Getty) In a landmark redlining settlement, the Department of Justice announced Thursday that City National Bank has agreed to pay $31 million related to ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Six condo sales add up to $53M at 8899 Beverly

Rendering of 8899 Beverly (8899 Beverly, Getty) The sale of six condos, with a combined price of $53 million, in ultra luxury building 8899 Beverly was made public last week. Townscape Partners, owner of the building at 8899 Beverly ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Long Beach declares state of emergency on homelessness

Long Beach Mayor Rex Richardson (Getty, Rex Richardson) First came Los Angeles. Then Los Angeles County. And now Long Beach has declared a state of emergency on homelessness. The Long Beach City Council unanimously approved an ...

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  • 12 Jan
  • The Real Deal
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