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Author: The Real Deal

Turnbridge closes on unfinished Coachella Valley resort for $65M

Turnbridge Equities closed on a debt-laden piece of land in a desert resort city, The Real Deal has learned.  The real estate investment company purchased the SilverRock Resort development in La Quinta out of bankruptcy for $65 ...

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  • 11 Dec
  • The Real Deal
  • Uncategorized
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Newsom in hot seat as YIMBY Law files lawsuit over SB 9 rebuild efforts

Pro-development organization YIMBY Law is taking Gov. Gavin Newsom to court for his executive order banning Senate Bill 9’s application in Los Angeles neighborhoods burned by the Palisades and Eaton fires.  YIMBY Law’s lawsuit, filed ...

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  • 11 Dec
  • The Real Deal
  • Uncategorized
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Morgan Stanley sets LA area record for 2025 with $211M purchase

With only a few weeks left in the year, Morgan Stanley Real Estate Investing set a record for the biggest industrial deal of 2025 in Greater Los Angeles.  The Morgan Stanley subsidiary bought a 143,060-square-foot industrial facility ...

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  • 11 Dec
  • The Real Deal
  • Uncategorized
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Irvine City Council considers waiving affordable housing requirements for FivePoint land swap deal

The Irvine City Council is considering a land swap deal with FivePoint Holdings that will waive some affordable housing requirements for the locally based developer.  If the City Council gives the go-ahead, FivePoint will hand over 35 ...

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  • 10 Dec
  • The Real Deal
  • Uncategorized
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LA City Council makes Bass’ ED1 permanent 

Affordable housing developers no longer have to worry about Mayor Karen Bass’ temporary Executive Directive 1 expiring.  On Tuesday, the Los Angeles City Council voted unanimously to adopt the Affordable Housing Streamlining Ordinance, ...

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  • 10 Dec
  • The Real Deal
  • Uncategorized
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Another distressed Brookfield DTLA skyscraper hits market

Less than a month after The Real Deal reported the Brookfield-owned Wells Fargo Center — North Tower was on the market, its sister South Tower is, too. But it isn’t the loan being offered, and it isn’t Eastdil Secured offering it.  ...

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  • 10 Dec
  • The Real Deal
  • Uncategorized
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Ranch that starred in “War of the Worlds,” “Babylon” hits market

A Los Angeles-area ranch featured in Hollywood productions such as “War of the Worlds” starring Tom Cruise and “Babylon” with Brad Pitt and Margot Robbie is on the market.  Rancho Temescal, an approximately 5,600-acre ranch near Lake ...

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  • 10 Dec
  • The Real Deal
  • Uncategorized
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Hines unloads 82K sf Santa Ana industrial building for nearly $41M

Robinson Pharma is continuing its Orange County growth spurt with another building acquisition.  The pharmaceutical company, one of the country’s largest manufacturers of dietary supplements and other nutraceutical products, completed ...

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  • 09 Dec
  • The Real Deal
  • Uncategorized
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Match swipes left in $36M sale of West Hollywood midrise office

Tinder and Hinge parent company Match Group broke up with an office building on the world-famous Sunset Strip.  The 74,000 square-foot property at 8800 West Sunset Boulevard in West Hollywood traded hands for $35.5 million, according ...

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  • 09 Dec
  • The Real Deal
  • Uncategorized
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Sprawling Beverly Park estate relists for $80M in celeb haven

A residential compound in Beverly Hills’ tony Beverly Park has reentered the market with a new look as the seller seeks to entice buyers with an 11 percent price cut. The roughly 28,000-square-foot home at 73 Beverly Park Lane headed ...

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  • 09 Dec
  • The Real Deal
  • Uncategorized
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  • Recent Posts

    • Turnbridge closes on unfinished Coachella Valley resort for $65M December 11, 2025
    • Newsom in hot seat as YIMBY Law files lawsuit over SB 9 rebuild efforts December 11, 2025
    • Morgan Stanley sets LA area record for 2025 with $211M purchase December 11, 2025
    • Irvine City Council considers waiving affordable housing requirements for FivePoint land swap deal December 10, 2025
    • LA City Council makes Bass’ ED1 permanent  December 10, 2025
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