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Month: March 2025

LA City Attorney sues landlords for wildfire price gouging, seeks $62M

Los Angeles-area landlords who allegedly gouged tenants in the aftermath of the devastating fires that tore through 12,000 homes face civil penalties of up to $62 million. The Los Angeles City Attorney’s office has filed a civil ...

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  • 31 Mar
  • The Real Deal
  • Uncategorized
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Are burn zones blank canvases for modular builders?

Many homeowners who lost historic homes in the Los Angeles County wildfires are looking to quickly replace them with manufactured homes. Survivors from the Eaton and Palisades fires are eying modular or prefabricated construction for ...

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  • 31 Mar
  • The Real Deal
  • Uncategorized
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Stephen Kotler named as defendant in Josh Flagg hacking suit

An alleged data hacking case brought by “Million Dollar Listing Los Angeles” agent Josh Flagg has been quietly winding its way through court with no known defendants — until now. The Compass agent is accusing his former boss, ...

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  • 31 Mar
  • The Real Deal
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Wildfires boost LA to Texas pipeline with well-off Angelenos

While Los Angeles rebuilds after the January wildfires devastated the Pacific Palisades and Altadena regions, some of its wealthy residents aren’t returning; they’re starting fresh in the Lone Star State. The state’s business-friendly ...

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  • 31 Mar
  • The Real Deal
  • Uncategorized
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Former Anaheim mayor to do time for corruption on erstwhile stadium deal

Former Anaheim Mayor Harry Sidhu will do two months in the clink for slipping confidential information to the Anaheim Angels in a public corruption case that killed a $320 million stadium deal. A judge sentenced Sidhu, 67, to two ...

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  • 31 Mar
  • The Real Deal
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LA’s boutique brokerages shuffle top talent as Q1 ends

This was a buzzy week for market moves among some of Los Angeles’ largest boutique brokerages.   First up was Beverly Hills Estates’ addition of Jacqueline Chernov. The brokerage plans to lean on Chernov and her team to build a ...

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  • 29 Mar
  • The Real Deal
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Tristar trounces appeal against 95-unit apartment building in Reseda

Tristar Realty Group has beat back an appeal trying to block its planned 95-unit apartment building in Reseda. The Encino-based developer led by Daniel Kashani was approved by the Los Angeles City Council to build the seven-story ...

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  • 28 Mar
  • The Real Deal
  • Uncategorized
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South OC office sale suggests market in doldrums 

The market demise of a 68,000-square-foot office building in south Orange County is no more apparent than its $74.3 million purchase six years ago to its sale this week for $15.5 million. A mystery investor paid the latter price for ...

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  • 28 Mar
  • The Real Deal
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Can Bloomingdale’s Outlet bail out Ben Ashkenazy’s Beverly Grove strip mall?

Ben Ashkenazy, who has struggled to keep up with loan payments for a strip mall in Beverly Grove, may get help from Bloomingdale’s. His New York-based Ashkenazy Acquisition has leased a 20,000-square-foot storefront to Bloomingdale’s ...

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  • 28 Mar
  • The Real Deal
  • Uncategorized
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Pirian brothers aim to replace century-old apartments in Hollywood 

A developer wants to raze a century-old apartment building in Hollywood for a five-story apartment building. Jack 26 Properties, a Los Feliz-based limited liability company led by Piaman Nisan Pirian, has filed plans to build the ...

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  • 27 Mar
  • The Real Deal
  • Uncategorized
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