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Month: April 2025

Tariff uncertainty clouds LA wildfire rebuild efforts

Builders across Los Angeles County are grappling with rising costs and economic uncertainty as they work to rebuild tens of thousands of homes destroyed by wildfires.  Trade policies instituted by President Donald Trump, especially new ...

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  • 17 Apr
  • The Real Deal
  • Uncategorized
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Washington Prime to sell its share of 1.2M sf Westminster Mall

Washington Prime Group has put the remainder of its troubled Westminster Mall up for sale as it offloads its entire mall portfolio. The Ohio-based investor has listed its share of the 1.2-million-square-foot indoor mall at 1025 ...

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  • 17 Apr
  • The Real Deal
  • Uncategorized
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Tavangarians leave Beverly Hills Estates, bring $177M Villa Siena listing to Carolwood

Carolwood Estates landed the Tavangarian team, with the daughters of the famed spec developer bringing a $177 million co-listing to the Beverly Hills brokerage. The move from the Beverly Hills Estates by Shana Tavangarian and Emila ...

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  • 17 Apr
  • The Real Deal
  • Uncategorized
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Newport Beach City Council sticks with housing plan over nature center

The city of Newport Beach has stood fast on a plan to build homes next to a beloved preschool. The City Council rebuffed a request by Council member Erik Weigand to consider removing a 1.5-acre site once occupied by Newport Bay ...

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  • 17 Apr
  • The Real Deal
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“Money circling around” as Altadena burned lot sales outpace Palisades

More than half of the burned lots listed in Altadena have been sold so far as activity ramps up across neighborhoods razed by January’s wildfires. That’s according to Pacific Palisades brokerage owner Anthony Marguleas of Amalfi ...

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  • 17 Apr
  • The Real Deal
  • Uncategorized
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Head of new Los Angeles County housing agency to step down

The leader of a new Los Angeles County housing agency is heading for the door after doubts arose about his resume. Ryan Johnson, interim CEO of the taxpayer-funded Los Angeles County Affordable Housing Solutions Agency, announced he ...

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  • 17 Apr
  • The Real Deal
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LaTerra bulldozes iconic Burbank site of crashed UFO for apartments

An iconic site of a crashed UFO in Burbank is being replaced by nearly 900 homes. LaTerra Development has bulldozed the former Fry’s Electronics building at 2311 Hollywood Way, whose alien spaceship lodged over its front door will be ...

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  • 16 Apr
  • The Real Deal
  • Uncategorized
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Irvine Company unloads more offices in San Diego at basement prices

Irvine Company has taken a bath in San Diego by selling a 24-story office tower for $40 million — more than $108 million less than it paid for it 11 years ago. The Newport Beach-based developer sold the 488,000-square-foot Wells Fargo ...

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  • 16 Apr
  • The Real Deal
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Countywide listing price volume of signed contracts fell to $110M last week

Asking dollar volume of signed contracts in Los Angeles County continued its slide to mark the third-straight weekly decline. Douglas Elliman’s Eklund Gomes team reported 19 contracts, equating to $109.7 million in asking dollar volume ...

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  • 16 Apr
  • The Real Deal
  • Uncategorized
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National Real Estate Advisors moves ahead with 53-story resi tower in DTLA

National Real Estate Advisors has moved forward with a plan to erect a 41-story apartment tower above a parking garage in Downtown Los Angeles. The Washington, D.C.-based developer was approved by the Los Angeles City Planning ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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    • Landlords ink two industrial leases for combined 200K sf in South LA, Harbor City May 16, 2025
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