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Month: May 2025

Apollo’s $1.2B buyout takes Landsea Homes private

A Dallas-based homebuilder with a growing Texas presence will be acquired by the New Home Company in a $1.2 billion all-cash transaction. Irvine, California–based New Home is acquiring Landsea Homes at $11.30 per share, the Orange ...

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  • 13 May
  • The Real Deal
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Corona del Mar market heats up with $25M trade

Corona del Mar’s luxury residential market is on a tear. A home once owned by Roth Capital Partners executive chair Byron Roth traded for $24.5 million in the off market to claim a new record for the Newport Beach neighborhood’s Cameo ...

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  • 13 May
  • The Real Deal
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Altadena businesses left to handle fire cleanup without fed help

As the federal government helps Altadena residents clear away their burned out homes after the Eaton Fire, local business owners have been left holding the ashes.  While the Federal Emergency Management Agency has authorized the U.S. ...

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  • 13 May
  • The Real Deal
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Late Quincy Jones’ manse in Bel-Air seeks $60M

A 25,000-square-foot mansion in Bel-Air owned by the late Quincy Jones has hit the market for nearly $60 million. The longtime estate of the Grammy-winning record producer and composer behind Michael Jackson’s “Thriller” is up for sale ...

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  • 12 May
  • The Real Deal
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Mystery buyer of $51M warehouse in Lake Forest revealed

The mystery buyer that paid $50.9 million for a 102,300-square-foot distribution warehouse in Lake Forest last month has been identified as a unit of France-based Engie. An affiliate tied to Engie Resources engine supplier bought the ...

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  • 12 May
  • The Real Deal
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Trump orders VA to build 6K homes for veterans in West LA

President Donald Trump has sided with military veterans in their battle to force the U.S. Department of Veterans Affairs to build homeless housing at its West Los Angeles campus. The president signed an executive order directing the VA ...

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  • 12 May
  • The Real Deal
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Carolwood asks “why wouldn’t we” as brokerage launches private listings portal

Carolwood Estates is pooling its more than $1.3 billion in off-market listings into a new platform it hopes will give it a leg up on Los Angeles’ ultra-competitive high end.   The Carolwood Private Portal connects the company’s signed ...

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  • 10 May
  • The Real Deal
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Post-wildfires, shipping containers, 3D-printed homes provide temporary shelter

Palisades and Eaton fire victims are getting some unique temporary housing thanks to some local prefab construction companies.  Firms like Plant Prefab, Azure Printed Homes and Ark Container Homes have stepped in to help fill the gap ...

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  • 09 May
  • The Real Deal
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Archer snack company leases 351K sf Dodger dog factory in Vernon

A former Farmer John meat processing plant in Vernon will continue its Dodger legacy with a new tenant to crank out jerky. Archer, the Los Angeles-based snack maker behind the Dodgers’ official jerky products, has occupied the ...

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  • 09 May
  • The Real Deal
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One in three distressed borrowers handing back buildings, experts say

More and more borrowers are handing over the keys to their distressed buildings, according to panelists at the IMN Distressed CRE West Forum in San Francisco this week, leaving their lenders with no court fight to foreclose but often a ...

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  • 09 May
  • The Real Deal
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