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Month: September 2025

California transit-oriented upzoning approved after LA blowback

Hot on the heels of California’s CEQA overhaul, state lawmakers are clearing the way for even more housing construction.  Senate Bill 79, the landmark housing proposal that overrides local zoning laws to increase high-density housing ...

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  • 15 Sep
  • The Real Deal
  • Uncategorized
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Movers: Jordana Leigh Makes Jump to Christie’s International Real Estate SoCal

Aaron Kirman’s Christie’s International Real Estate Southern California’s latest poach came courtesy of Rodeo Realty. Christie’s International Real Estate said it added Jordana Leigh, former president of Rodeo Realty’s estates ...

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  • 15 Sep
  • The Real Deal
  • Uncategorized
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Focus on TRDData: Priciest industrial sale

The biggest industrial transaction in Los Angeles County over the last quarter was the sale of a cold-storage complex at 15015 Valley View Avenue in Santa Fe Springs for $140.3 million, according to Los Angeles County tax assessor ...

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  • 15 Sep
  • The Real Deal
  • Uncategorized
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“Running out of excuses”: Gov Newsom, AG Bonta claim housing wins

The lecturing came hot and heavy this week.   Government leaders took Huntington Beach and Artesia to task as the state cracks down on jurisdictions that can’t — some might say won’t — get in compliance with housing laws. Gov. Gavin ...

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  • 14 Sep
  • The Real Deal
  • Uncategorized
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What’s next for distress after dumped deals downtown L.A.?

Weeks ago The Real Deal broke the story that a deal to sell the Brookfield-owned EY Plaza to Adam Rubin and Andrew Shanfeld fell through, putting the non-preforming loan tied to the 920,000-square-foot tower back on the market. Then ...

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  • 13 Sep
  • The Real Deal
  • Uncategorized
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Brad Pitt sells Los Feliz “Steel House” in off-market deal

And the seller is …   Brad Pitt, who closed on the sale of his Los Feliz Mid-century Modern pad on Friday, The Real Deal has learned. The Los Angeles home, dubbed The Steel House for its steel frame, was being shopped around by the ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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Surfs up for Goldman Sachs, Peachtree Group on SoCal hotel refis

Pacifica Hotels has received a nine-figure refinancing package for a portfolio of seven Southern California hotels.  Goldman Sachs supplied a five-year, fixed-rate commercial mortgage-backed securities loan for six of the hotels, while ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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Maxxam’s Santa Monica mixed-use threatened with $90M default

The $90 million commercial mortgage-backed securities debt connected to a mixed-use property on Third Street Promenade landed in special servicing before its December maturity date due to imminent monetary default, according to ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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Carolwood’s Parnes & Harris split, head for “next chapter”

Star agents David Parnes and James Harris are calling it quits as business partners but will remain with Beverly Hills boutique brokerage Carolwood Estates. Parnes and Harris helm the 11-agent Bond Street Partners team at Carolwood and ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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$50M refi on Santa Ana multifamily latest in OC for Advanced Real Estate

Northmarq and Advanced Real Estate are continuing their refinancing partnership with a new deal in Orange County.  Minneapolis-based Northmarq originated a $50.1 million Freddie Mac refinancing loan tied to River House Apartment Homes ...

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  • 12 Sep
  • The Real Deal
  • Uncategorized
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  • Recent Posts

    • El Segundo offers second choice for Westside office tenants September 24, 2025
    • Santa Monica scraps “Jenga” design, greenlights 260 basic apartments September 24, 2025
    • Alliance, PCCP score $44M Mesa West refi for Los Feliz apartments September 24, 2025
    • Sukut lands $130M New York Life refi for SoCal industrial portfolio September 23, 2025
    •  MetLife pays $70M for distressed Newport Beach office towers September 23, 2025
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