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Month: July 2025

Trump accuses Schiff of mortgage fraud in latest attacks

President Donald Trump and Sen. Adam Schiff are in a war of words online over the senator’s real estate holdings.  On Tuesday, the president accused the California senator of committing mortgage fraud by intentionally misleading ...

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  • 16 Jul
  • The Real Deal
  • Uncategorized
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Santa Monica seeks developers to build on city-owned properties 

Santa Monica is seeking developers to develop three city-owned properties.  The coastal city is hoping to attract developers looking to build affordable housing as the city works to comply with California’s Surplus Land Act, Urbanize ...

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  • 16 Jul
  • The Real Deal
  • Uncategorized
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Los Angeles proptech market well-positioned amid SF, NY domination

Many people might think of San Francisco or New York City when it comes to proptech, but Los Angeles is poised to become a notable player in the space.  Proptech founders, such as Propvetter’s Eric Migicovsky, have been making ...

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  • 15 Jul
  • The Real Deal
  • Uncategorized
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No, CEQA’s not “dead,” so who wins and loses with the latest exemptions?

After new legislation passed defanging parts of the California Environmental Quality Act, Holland & Knight partner Daniel Golub received an email from someone proclaiming, “CEQA is dead.” It’s not. Still, the passage of budget ...

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  • 15 Jul
  • The Real Deal
  • Uncategorized
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Shopoff Realty gets green light for 18-acre housing project in Orange County

Shopoff Realty is making another housing play in Orange County.  The Irvine-based developer has secured approvals to develop an 18-acre plot of land in Fountain Valley into mixed-income housing, Urbanize Los Angeles reported. The ...

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  • 15 Jul
  • The Real Deal
  • Uncategorized
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Los Angeles County retail vacancy rate reaches dizzying “historic” peak

Vacancies in Los Angeles County’s retail market have reached a concerning new high.  L.A. County has more than 19 million square feet of empty retail space, accounting for an 8.4 percent year-over-year increase in empty space, L.A. ...

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  • 15 Jul
  • The Real Deal
  • Uncategorized
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LA signed resi contracts volume jumps over 300% as “Entourage House” finds buyer

The hillside estate of “Entourage”’s fictional movie star Vincent Chase has found a buyer. Nestled in the Bird Streets neighborhood, the estate at 9050 Oriole Way neighbors Leonardo DiCaprio’s home and is listed for nearly $25 million. ...

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  • 14 Jul
  • The Real Deal
  • Uncategorized
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California to create new housing agency to meet shortage crisis

California is poised to get a new state agency focused exclusively on housing issues.  Legislators in the Golden State, which has become the nation’s housing shortage hotbed over the years, had until July 4 to veto Gov. Gavin Newsom’s ...

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  • 14 Jul
  • The Real Deal
  • Uncategorized
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Irvine voters could strike down Irvine Company’s golf course conversion

Irvine Company’s planned project to turn a golf course site in Irvine into housing could come before voters at some point in the future.  Irvine City Council members are currently considering putting the redevelopment of Oak Creek Golf ...

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  • 14 Jul
  • The Real Deal
  • Uncategorized
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Crescent Heights plans LA’s biggest condo conversion project in 52 years

Los Angeles could be poised to see its biggest condominium conversion project in decades if Crescent Heights gets its way.  The Miami-based developer has filed an application with the city of Los Angeles to convert Ten Thousand, a ...

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  • 14 Jul
  • The Real Deal
  • Uncategorized
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