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Month: January 2025

Santiago Arana tells bottom-up story to top of LA luxury market

Santiago Arana can peer out of his corner office window in Brentwood and point to where Argentine steakhouse Gaucho Grill once sat. That’s where he met luxury agent Rodrigo Iglesias, then at Sotheby’s International Realty, who became a ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Hackman wins approval to revamp LA’s Television City for $1.25B

Hackman Capital Partners received a “lights, camera, action!” for its $1.25 billion plan to  redevelop its Television City studios in L.A.’s Fairfax Historic District. The Culver City-based developer was approved by the Los Angeles ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Fires burn through LA neighborhoods as agents mobilize

Shelton Wilder of Christie’s International Real Estate Southern California and her family packed up three cars Tuesday evening and left their Brentwood home. Wanting to avoid the early morning evacuation that occurred during 2019’s ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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LA Housing Authority pays $142M for Woodland Hills apartment complex

The Housing Authority of Los Angeles has picked up a 335-unit apartment complex in Woodland Hills for $141.9 million, The public housing agency bought The Clarendon, a five-story complex at 22121 Clarendon Street, next to the 101 ...

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  • 08 Jan
  • The Real Deal
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Office leasing in LA County jumps 129% year-over-year

Office leasing has bounced back across Los Angeles County, jumping nearly 2 million square feet in a year. The L.A. office market had its best quarter since the dawn of the pandemic, with 3.9 million square feet in the last three ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Miramax: Goodbye Century City, hello West Hollywood

Century City has become a “flight to quality” draw for office tenants in Los Angeles, but not necessarily for Hollywood studios. Miramax is abandoning its Century City headquarters for West Hollywood. The TV and film production unit of ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Harvest Realty brings 550-agent roster to digital brokerage Real

By all accounts, Pasadena-based brokerage Harvest Realty has enjoyed a nice rally over the past decade led by its founding couple. It has now entered its Real era, joining the publicly traded digital brokerage for what it hopes will be ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Homes, commercial buildings burn in Palisades, Malibu, Pasadena foothills

Savage overnight winds lashed out across Southern California, where wildfires torched multimillion-dollar homes, businesses, medical centers and cultural icons from Los Angeles beaches to the foothills of Pasadena. Fires stoked by ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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$40M Holmby Hills megamanse forfeited to Feds heads into contract

A Holmby Hills megamansion with a troubled past marked the largest contract in a quiet week for the luxury home market in Los Angeles County. The house with more than 30,000 square feet at 530 South Mapleton Drive, with a listing price ...

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  • 07 Jan
  • The Real Deal
  • Uncategorized
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Dynamic City buys two Marriott hotels near Disneyland for $303M

Dynamic City Capital has bought two Marriott hotels in Anaheim for $303 million. The Utah-based investor purchased the five-story, 174-room SpringHill Suites at 1801 South Harbor Boulevard, the Orange County Business Journal reported. ...

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  • 07 Jan
  • The Real Deal
  • Uncategorized
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