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Month: January 2023

Sylvester Stallone lists Hidden Hills mansion for $22.5M

Sylvester Stallone with 24304 Hidden Valley Road (Getty, Google Maps) Sylvester Stallone is going to fly from his 10,500-square-foot pad in Hidden Hills. The ask: $22.5 million. Eleven months after he bought it, the beefy actor known ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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Geoff Palmer lands $260M loan on Temple Street project

Geoff Palmer, 1000 West Temple Street in L.A. and Goldman Sachs CEO David Solomon (Getty, Goldman Sachs, Google Maps) Geoff Palmer rang in the new year with a brand new $260 million loan on his largest multifamily complex in Los ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Cypress Equity to build 176 apartments in Echo Park

Cypress Equity Investments’ Michael Sorochinsky and 2225 Sunset Boulevard (Cypress Equity Investments, Ottinger Architects) Cypress Equity Investments has been cleared to build a 176-unit apartment complex in Echo Park. The ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Arcadia mall tops list of LA’s big retail sales in 2022

From left: Unibail Rodamco Westfield’s Jean-Marie Tritant and Stan Kroenke with Westfield Santa Anita (Getty, Saiful Bouquet) As interest rates rose and optimism dipped, Greater L.A.’s commercial real estate market hit slumped in 2022. ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Tyler Rose of Kilroy Reality to retire after 26 years

Kilroy Realty’s Tyler Rose with 384 Oyster Point Blvd (Kilroy Reality, Getty) Tyler Rose, president of Kilroy Realty, has called it quits after a quarter century of major projects. The president and secretary of the Los Angeles-based ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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New house listings plunge in L.A. County during December

From left: Stephen Kotler and Zane Widdes ( Zane Widdes, Stephen Kotler) The number of new house listings has slid downward in Los Angeles County for months, but there was a marked decrease in the last month of the year. In December, ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Buchanan Street pays $28M for Laguna Niguel office building

Buchanan Street Partners’ Timothy Ballard with 24422 Avenida de la Carlota (Loopnet, Getty, Buchanan Street Partners) Buchanan Street Partners has picked up a 120,300-square-foot office building in Laguna Niguel for $28.1 million. The ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Los Angeles housing authority hit by ransomware attack

LA Housing Authority building at 2600 Wilshire Blvd. Los Angeles (Google Maps, Illustration by Priyanka Modi for The Real Deal with Getty) A ransomware gang is threatening to publish a large volume of data it stole from the Housing ...

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  • 07 Jan
  • The Real Deal
  • Uncategorized
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LA Times hits back with Measure ULA op-ed

AAGLA’s Dan Yukelson, L.A. Times’ Terry Tang and ACT-LA’s Laura Raymond (AAGLA, L.A. Times, Alliance for Community Transit-Los Angeles, Getty) Days after the Southern California News Group, the newspaper chain whose titles include the ...

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  • 06 Jan
  • The Real Deal
  • Uncategorized
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“BlacKkKlansman” producer revealed as buyer of $91M Malibu estate

Edward H. Hamm Jr. and 28060 Sea Lane Drive, Malibu (Daniel Tacconelli/Sotheby’s International Realty, Getty) The buyer of a $91 million manse in Malibu last month has been hamming it up in Paradise Cove. Edward Hamm Jr., a movie ...

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  • 06 Jan
  • The Real Deal
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