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Month: July 2024

Los Angeles’ Top Brokerage Ranking 2024

This dataset ranks the most active residential brokerages in Los Angeles County.  The Real Deal analyzed closed, buy- and sell-side deals in Los Angeles County recorded in the multiple listing service between May 1, 2023 and May 1, ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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DSB Properties revealed as buyer of Malibu shopping center

A local shopping center owner is behind the purchase of Malibu’s The Park at Cross Creek, which traded for $80 million earlier this summer. The retail center at 23401 Civic Center Way was developed by Steve Soboroff’s Soboroff Partners ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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Donald Bren of Irvine Company leads parade of OC’s wealthiest

Irvine Company boss Donald Bren leads a cadre of six real estate developers and investors who combine for $47 billion in personal net worth in Orange County. Bren remains the nation’s largest real estate developer and richest person in ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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LA County leads the nation in “granny flat” construction

The best hope of solving Southern California’s housing crunch is in the backyard, if current trends continue. That’s the takeaway from data that shows Los Angeles County leading the nation in “accessory dwelling units” — the backyard ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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Patrick Carroll appears in LA court as felony case continues

Florida multifamily syndicator Patrick Carroll was back in Los Angeles court on Tuesday as he faces a felony charge stemming from an incident with police earlier this month. Carroll was arrested July 1 and faces charges of evading a ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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Hackers post bogus listing for Britney Spears’ $9M mansion

Oops — they shouldn’t have done that at all. That’s the song pop star-turned-tabloid target Britney Spears is singing after an apparent hack of the MLS system in the Los Angeles area led to a false listing of her mansion in suburban ...

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  • 31 Jul
  • The Real Deal
  • Uncategorized
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OC billionaire sells pair of Irvine office buildings for $60M

A publicity shy billionaire boss of a hedge fund has gone from steady buyer to opportunistic seller of office properties in the Orange County white-collar hub of Irvine. C. Frederick Taylor’s TGS Management got $60 million for a total ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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Kanye West’s Malibu home marks top contract for LA County

Ye, the rapper and music producer formerly known as Kanye West, has found a possible buyer for his unfinished Malibu home, making it last week’s top property under contract in the Los Angeles County luxury residential market. The ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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Series of summer deals points to perky Westside LA home market

$32 million, $40 million, $20 million. Those are some of the big closing prices on recent Westside deals, bucking the headwinds of higher interest rates and Los Angeles’ Measure ULA tax. In short, L.A.’s Westside is looking pretty ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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Revel and Leo Pustilnikov team to set up EV charging station in DTLA

Revel and developer Leo Pustilnikov want to build a 19,000-square-foot charging station for electric cars in Downtown Los Angeles. The Brooklyn-based developer of EV infrastructure has leased a parking lot for the future station at ...

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  • 30 Jul
  • The Real Deal
  • Uncategorized
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