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Month: February 2025

Scottsdale mansion with basketball court listed for $23.5M

Those unwilling to pay $24 million for a top-floor condominium in Los Angeles can opt instead for a 21,400-square-foot mansion with an underground basketball court in north Scottsdale. Owners Brett and Susan Hardt have put their ...

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  • 11 Feb
  • The Real Deal
  • Uncategorized
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Brentwood estate with private funicular asks $40M

A Brentwood home with a private rail system leading to upscale yurts is on the market for $40 million, marking one of the priciest homes currently for sale in the neighborhood.  The over 12,500-square-foot property at 11968 Brentridge ...

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  • 11 Feb
  • The Real Deal
  • Uncategorized
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Movers: Compass adds to ranks following Tracy Tutor addition

Compass started 2025 with a big splash. Just days after ringing in the new year, Compass brought on celebrity agent Tracy Tutor and her team, poaching the “Million Dollar Listing Los Angeles” star and her group’s nearly $550 million in ...

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  • 10 Feb
  • The Real Deal
  • Uncategorized
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Who is Hagerty Consulting?

Just after Steve Hagerty launched his emergency management consulting firm outside Chicago in 2001, his Hagerty Consulting was called after 9/11 to run a $7.4 billion public assistance fund. Now, the Evanston, Illinois-based company ...

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  • 10 Feb
  • The Real Deal
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Mayor Bass claws back $500K for LA recovery czar pay

Steve Soboroff, the recently appointed Los Angeles wildfire recovery czar, was to be paid $500,000 for 90 days of work, saying his expertise was well worth the price. But then Mayor Karen Bass, faced with backlash over the $5,556-a-day ...

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  • 10 Feb
  • The Real Deal
  • Uncategorized
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Mayor Bass taps Chicago area firm for LA rebuild lead

Los Angeles has tapped Hagerty Consulting, based in a Chicago suburb, to oversee the rebuilding of more than 6,800 homes and businesses destroyed by a wildfire last month in Pacific Palisades. Mayor Karen Bass announced she has picked ...

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  • 10 Feb
  • The Real Deal
  • Uncategorized
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Fire-wrecked LA includes properties tied to $1B in CRE loans

While the full extent of the damage caused by January’s wildfires in Los Angeles is still being assessed, properties tied to nearly $1 billion in commercial real estate loans may have been impacted. As of Jan. 30, 76 loans with a ...

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  • 10 Feb
  • The Real Deal
  • Uncategorized
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Billionaire Paul Merage lists Newport Coast mansion for $40M

Frozen foods billionaire Paul Merage has put his 11,000-square-foot mansion in Newport Beach’s Newport Coast on the market for $40 million. The inventor of Hot Pockets, who now heads locally based MIG Capital, listed the six-bedroom, ...

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  • 07 Feb
  • The Real Deal
  • Uncategorized
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Snapchat co-founder wades into LA ashes to help rebuild

The line of groups formed to guide the rebuilding of fire-burned neighborhoods in Los Angeles County now wraps around blocks of homes destroyed in January’s wildfires. Now Evan Spiegel, co-founder of Snap, maker of Snapchat, and Miguel ...

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  • 07 Feb
  • The Real Deal
  • Uncategorized
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Progressive council members propose self-certification plan

Los Angeles might let architects certify their own building plans for certain small-scale construction projects. The city will study how to roll out a self-certification program that could free up inspectors to focus on more complex ...

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  • 07 Feb
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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