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Month: April 2025

Arbitrator finds “bad faith, fraud, willful misconduct” by Tucson developers

Owners of a Tucson development firm face two investor lawsuits after they were accused by an arbitrator of ripping off investors. The investors sued the owners of the Gadsden Company following an August ruling by an arbitrator who said ...

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  • 07 Apr
  • The Real Deal
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Corona del Mar mansion sells for $26M, year’s priciest sale

A bayfront mansion large enough to park a 100-foot yacht has sold in Newport Beach’s Corona del Mar for $26 million. A mystery buyer purchased the 9,300-square-foot mansion at 2201 Bayside Drive, on the north side of the harbor inlet ...

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  • 07 Apr
  • The Real Deal
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Movers: Christie’s International Real Estate SoCal makes Pasadena gains

Douglas Elliman’s Pasadena office closure has led to another get for Aaron Kirman’s Christie’s International Real Estate Southern California. The brokerage said it added Rex and Peter Owens, a father-son team previously with Elliman ...

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  • 07 Apr
  • The Real Deal
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Josh Flagg accuses former Douglas Elliman boss of invasion of privacy

Attorneys for “Million Dollar Listing Los Angeles” star Josh Flagg said new information in an alleged hacking suit turned up sufficient evidence to name Douglas Elliman’s former Western region CEO as a defendant. When Flagg filed the ...

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  • 05 Apr
  • The Real Deal
  • Uncategorized
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BlackRock cashes out of Inland Empire hub for $257M

It might be in the middle of the Mojave deserted and hit the least sexy segment of the real estate business. And the buyer might trade in goods that simply don’t cut it with the Wall Street set. But the substance of a $257 million ...

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  • 04 Apr
  • The Real Deal
  • Uncategorized
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Single-stair standard for multifamily advances in City Council

The Los Angeles City Council took another step toward giving affordable multifamily housing developers a break they’ve long been pushing for when it comes to staircases. The city’s legislative body recently voted 14-0 to do away with a ...

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  • 04 Apr
  • The Real Deal
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Newport Center targeted for affordable housing development

The City of Newport Beach is considering the addition of residential density and affordable units with the redevelopment of a commercial site that overlooks a country club in the Newport Center district. Officials are weighing plans ...

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  • 04 Apr
  • The Real Deal
  • Uncategorized
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Eastdil claims Newmark-defected brokers stole deals, docs

The rivalry between Eastdil Secured and Newmark is heating up. In a new lawsuit, Eastdil alleges that members of its West Coast multifamily team that bolted for the competitor last month took a treasure trove of information on their ...

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  • 04 Apr
  • The Real Deal
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Carmel Partners ups ambition for apartment tower on La Cienega

Last year, Carmel Partners trounced four appeals trying to block its plans to build a 24-story apartment building in L.A.’s Carthay. The builder now aims to go much higher. The San Francisco-based developer has filed revised plans to ...

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  • 04 Apr
  • The Real Deal
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Disney’s Century City exit leaves CRE challenge for Murdoch’s Fox

Century City’s status as a bright spot in the generally dim commercial real estate market in Los Angeles will get a test as it prepares for the departure of Disney from the campus that gives the district its name. Rupert Murdoch and ...

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  • 03 Apr
  • The Real Deal
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  • Recent Posts

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