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Month: October 2024

Hollywood’s Jeff Sagansky and Elie Samaha duel to buy Dolby Theatre

Hollywood executive Jeff Sagansky and producer Elie Samaha are in a red carpet tug-of-war over the purchase of the Hollywood’s Dolby Theatre, host of the annual Academy Awards show. Both Sagansky and Samanha have talked to the owner to ...

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  • 14 Oct
  • The Real Deal
  • Uncategorized
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Irvine rezones land by John Wayne despite airport commission concerns

The City of Irvine has rezoned a business district next to John Wayne Airport for 15,000 homes, overriding airport commission concerns about aircraft noise, safety and land use incompatibility. The City Council, pressured by a state ...

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  • 14 Oct
  • The Real Deal
  • Uncategorized
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Westside Estate Agency recruits luxe broker Stuart Vetterick

Westside Estate Agency has wooed Stuart Vetterick from Hilton & Hyland, The Real Deal has learned. The star agent had worked with the brokerage since 2018. Since then, co-founders Jeff Hyland passed away and Rick Hilton left to ...

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  • 14 Oct
  • The Real Deal
  • Uncategorized
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UCLA benefactors’ Beverly Park manse makes market debut at $27M

UCLA sports benefactors Nahum and Alice Lainer have listed their Beverly Park estate for $26.5 million, marking the first time the property has gone up for sale. The Lainers built the roughly 8,000-square-foot home at 28 Beverly Park ...

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  • 11 Oct
  • The Real Deal
  • Uncategorized
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More than half of California renters challenged by housing costs

More than half of California tenants strain to pay their rent, while more than a third of homeowners are burdened by housing costs. Last year, 56 percent of statewide renters spent 30 percent or more of their income on housing, the ...

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  • 11 Oct
  • The Real Deal
  • Uncategorized
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Commercial property sales in LA County spiral down 18%

Commercial property sales across greater Los Angeles have hit the bottom of the bucket, with office and industrial sales falling through the hole. Commercial sales in Los Angeles County are down 18.4 percent since January, compared to ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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Artisan Ventures approved to build apartment highrise in Hollywood

Artisan Ventures has beat back an appeal trying to thwart its plans to build a 25-story apartment highrise in Hollywood. The Santa Monica-based developer won support from the Los Angeles City Council, which approved the 260-unit tower ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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Sixty Collective bags one more loan extension for Beverly Hills hotel

Sixty Collective keeps collecting extensions on a $38 million loan tied to its Sixty Beverly Hills hotel. The New York-based hospitality firm run by brothers Jason, Larry and Michael Pomeranc secured its fourth loan extension linked to ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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Pritzkers’ $195M Beverly Crest estate in tie for SoCal’s top listing 

Westside Estate Agency has nabbed the $195 million listing for the estate of Hyatt Hotels heir Tony Pritzker and philanthropist Jeanne Pritzker in Beverly Crest. The asking price puts 1261 Angelo Drive in a tie for the priciest home on ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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Josh Flagg enters contract for Charlie Puth’s Trousdale Estates home

“Million Dollar Listing Los Angeles” star Josh Flagg is under contract to purchase the Trousdale Estates home of Charlie Puth, The Real Deal has learned. Flagg, an agent with Compass, negotiated for the singer-songwriter’s Beverly ...

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  • 09 Oct
  • The Real Deal
  • Uncategorized
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