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Month: March 2025

Law that limits industrial development could get “clean up”

Last year, Gov. Gavin Newsom signed a bill to regulate warehouses across the state. Now its authors want to “clean” it up. State Sen. Eloise Reyes, a Democrat representing San Bernardino, and Assemblymember Juan Carrillo, a Democrat ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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Angelenos square off over affordable housing in Palisades

YIMBYs and NIMBYs have drawn lines through the ashes of Pacific Palisades over whether to rebuild with affordable housing. Justin Kohanoff, the owner of a burned-down Shell gas station, has proposed replacing it with an eight-story ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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Who is Sahil Nandwani, the agent looking to recall LA Mayor Karen Bass?

Sahil Nandwani calls himself “saucy” in a few of his social media handles. It’s the Los Angeles-area agent’s latest bold move that’s catapulted him into the news cycle as principal of a committee formed to recall Los Angeles Mayor ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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LA luxe resi contracts slide to $76M in asking volume

In the words of Douglas Elliman’s Marcy Roth, last week was a “quiet” one for Los Angeles County residential contract activity. Thirteen homes went into contract during the week ended March 2, reflecting $75.8 million in asking dollar ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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LA realtor spearheads bid to oust Mayor Karen Bass

Real estate broker Sahil Nandwani has launched a bid to recall Los Angeles Mayor Karen Bass as she continues to take heat for her response to the Pacific Palisades wildfire. The Glendale-based agent for JohnHart Real Estate formed a ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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Logos Faith, Cal Lutheran Homes pitch housing in South LA

Call it providential housing: a joint venture by Logos Faith Development and Cal Lutheran Homes to build 67 affordable apartments in South Los Angeles. Logos, the Westchester-based developer of church properties led by Rev. Martin ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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Macy’s to close DTLA’s last department store

Macy’s, whose roots in Downtown Los Angeles hail back to the era of President Grover Cleveland and the first Ford vehicle, is closing. The closure of the 250,000-square-foot Macy’s Downtown LA Plaza at 750 West 7th Street marks the ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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Former supermodel Christina Estrada asks $26M for Beverly Hills villa

A former supermodel wants to sell her 1930-built villa in the Beverly Hills Flats, enlisting an agent behind the Playboy Mansion and Chartwell Estate megadeals to find a buyer. Christina Estrada hired Gary Gold, an agent with Forward ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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Under Trump, LA federal buildings at risk of being sold off

Spring Street Courthouse is “for all intents and purposes — f****d.” —Aleks Trifunovic, president of Lee & Associates in West Los Angeles It’s not easy to sell off dated, empty federal government properties with niche uses, but ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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ICYMI: LA return to office remains elusive, new dev firm wants to disrupt

In the ongoing return-to-office debate, Los Angeles is taking a very laissez-faire approach. Los Angeles Mayor Karen Bass hasn’t taken an official stance publicly on whether the city’s workforce will be ordered back into the office. ...

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  • 01 Mar
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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