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Author: The Real Deal

Spec developer’s Brentwood project asking $24M tops LA signed contracts

Spec developer Phillip Braunstein nabbed a buyer for his Tigertail Road property that’s asking nearly $24 million. The estate, which was a little over five years in the making, topped last week’s roster of homes to go into contract ...

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  • 12 Aug
  • The Real Deal
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Pasadena Towers office complex sells to Harbor Associates, Roxborough Group for 50% off

A two-building office complex in Pasadena has sold to a new owner at a steep discount from its value less than a decade ago.  Harbor Associates and The Roxborough Group plunked down $120 million for the Pasadena Towers, Commercial ...

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  • 12 Aug
  • The Real Deal
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Prologis locks down full-building lease as Inland Empire industrial cools off

Southern California’s Inland Empire continues to attract new leasing activity amid nationwide unease over tariffs and industrial space oversupply–but it’s not the red-hot pocket of activity it used to be. Prologis has secured a new ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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Resi market movers: eXp’s Homebase team eyes SoCal market expansion

The Homebase Real Estate team at eXp Realty is looking to make a big push in Southern California. The group tapped Roddy de la Garza for the position of market leader in Los Angeles as well as the Palm Springs side of Coachella Valley, ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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Former Lucky Brand HQ to become 52K sf home for DTLA Law Group

DTLA Law Group is growing its headquarters in a larger new space in downtown Los Angeles.  The law firm is moving from 612 South Broadway to 540 South Santa Fe Avenue in the Arts District, L.A. Business First reported. The Santa Fe ...

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  • 11 Aug
  • The Real Deal
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Pro ballers score $47M construction financing for Echo Park apartments

NBA player Tobias Harris and his hoopster-turned-developer brother Terry Harris scored $46.6 million construction financing for an apartment development in Echo Park. The Harris brothers–one currently with the Detroit Pistons and the ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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Youngest billionaire Lucy Guo buys Bird Street mansion for $30M

Tech mogul Lucy Guo — recently crowned the world’s youngest self-made woman billionaire at 30 — has expanded her housing portfolio by buying a nearly $30 million mansion in Los Angeles’ Bird Streets neighborhood.  The California native ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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Rodeo Drive retail sells for $400M-plus

A Tom Ford, Moncler and Balenciaga-leased property on Rodeo Drive sold for more than $400 million.  Ronan McNamee’s ECA Capital Limited was the seller. The company purchased the 28,000-square-foot property at 338 North Rodeo Drive for ...

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  • 09 Aug
  • The Real Deal
  • Uncategorized
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AECOM to Palisades: “We’re based in Los Angeles”

Want to see what prepared looks like? Take a glance at the AECOM presentation given to Pacific Palisades residents Thursday evening during an over two-hour community meeting. Specific actions and timelines for deliverables were offered ...

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  • 09 Aug
  • The Real Deal
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Jim Carrey sells Brentwood estate for $17M

At last, Jim Carrey has found a buyer for his ranch-style abode in Brentwood. The deal closed Friday, according to people with knowledge of the transaction, for $17 million. That’s about a 41 percent discount from Carrey’s original ask ...

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  • 08 Aug
  • The Real Deal
  • Uncategorized
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