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Month: October 2025

Feds charge SoCal real estate execs with homeless fund fraud

Federal authorities charged two Southern California real estate executives in separate schemes that allegedly stole millions of dollars in public funds intended to fight homelessness. The U.S. Attorney’s Office said Brentwood developer ...

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  • 17 Oct
  • The Real Deal
  • Uncategorized
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Builder’s remedy hasn’t beaten all the fight out of Beverly Hills

The City of Beverly Hills is preparing for a showdown with Max Netty’s Soundview Investment over a proposed builder’s remedy development just south of the famous Rodeo Drive luxury shopping street. The city has received “a written ...

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  • 17 Oct
  • The Real Deal
  • Uncategorized
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Builders remedy rolls forward in Beverly Hills

More builder’s remedy projects in Beverly Hills are moving forward after additional approvals from the Beverly Hills Planning Commission.  On Tuesday, the city’s Planning Commission gave the green light to two builder’s remedy projects ...

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  • 16 Oct
  • The Real Deal
  • Uncategorized
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LA orders landlord to clean up mobile-home park after FEMA denial

The Pacific Palisades Bowl Mobile Home Estates community is still a mess nine months later, while the rest of the Palisades burn zone has been cleaned up.  The Federal Emergency Management Agency refused to include the 170-unit mobile ...

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  • 16 Oct
  • The Real Deal
  • Uncategorized
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Donald Bren bucks trend, presses bet on multifamily

Irvine Company is ramping up apartment construction while much of the U.S. multifamily sector is tapping the brakes.  The Newport Beach-based developer, led by billionaire Donald Bren, has 3,000 units under construction in Orange ...

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  • 16 Oct
  • The Real Deal
  • Uncategorized
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Rexford reports 34% profit increase as Elliott builds stake

Real estate investment trust Rexford Industrial reported a net income of $87.1 million for the third quarter, compared to $65.1 million a year earlier — an increase of about 34 percent.  That is less than the $113.4 million the Los ...

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  • 16 Oct
  • The Real Deal
  • Uncategorized
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LA housing authority buys DTLA apartments for affordable conversion

The City of Los Angeles’ public housing authority added another property to its portfolio with plans to offer affordable housing.  The Housing Authority of the City of Los Angeles bought the 154-unit Emerald Apartments near the Fashion ...

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  • 15 Oct
  • The Real Deal
  • Uncategorized
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Nicki Minaj could lose $20M Hidden Hills home over unpaid debt

Nicki Minaj is in danger of losing her Barbie dream house.  The rapper’s Los Angeles-area mansion is at risk of being sold off due to a sizable unpaid debt that she and her husband, Kenneth Petty, have refused to pay, Us Weekly ...

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  • 15 Oct
  • The Real Deal
  • Uncategorized
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NY Mets owner Steve Cohen finds buyer for Beverly Hills manse

After five months on the market and a $10 million price cut, billionaire Steve Cohen found a buyer for his Beverly Hills residence. The pending deal comes as the New York Mets owner looks to remake 50 acres of parking into an $8 ...

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  • 15 Oct
  • The Real Deal
  • Uncategorized
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Billionaire’s Beverly Hills vineyard estate relists for $195M 

Of the 10 priciest homes across the country to hit the market last week, Southern California had six of them.  Beverly Hills’ 25-acre Palazzo di Amore estate is on the market once again, asking $195 million, The New York Post reported. ...

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

    • Rockwood’s Santa Monica Clock Tower in receivership October 29, 2025
    • BlackRock pays $83M for rare Thousand Oaks multifamily property October 29, 2025
    • LA developers go all in on affordable housing amid cost-cutting ED1 October 29, 2025
    • Movers: Lincoln Property Co poaches Savills occupier services team October 29, 2025
    • Irvine Co dumps last downtown San Diego office tower October 29, 2025
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