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Author: The Real Deal

Apartments to replace Van Nuys office as state housing deadline looms

Apartments are poised to replace a low-slung commercial building in Van Nuys. Frank Melkonian, the CEO of Closet World, submitted an application to the Los Angeles Department of City Planning via Victory View LLC, Urbanize Los Angeles ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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Drawbridge pays $78M for Costa Mesa offices, leases 190K sf to Palmer Luckey’s  Anduril for 190K sf lease

Drawbridge Realty just made some notable moves at a three-building office campus in Orange County.  The San Francisco-based firm just closed on the acquisition of The Hive office complex in Costa Mesa for $77.9 million, Commercial ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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Caruso: LA resi development market “redlined now”

Los Angeles-based developer Caruso hasn’t built in its hometown for years–and that’s intentional. Rick Caruso, who runs his namesake company, revealed that strategy on Thursday when he took the stage during Bloomberg’s Screentime ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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$2B DTLA project gets nod from Planning Commission 

Continuum Partners’ Fourth & Central in Downtown Los Angeles got the green light from the Planning Commission Thursday, inching the $2 billion project closer to final approval. Plans for the 7.6-acre site at 4th Street and Central ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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More multifamily eyed to replace single-family housing in Sawtelle

More single-family homes in Sawtelle are slated to be replaced with multifamily residential properties.  Terra Capital filed an application to the Los Angeles Department of City Planning to build a new eight-story building at 2219 ...

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  • 10 Oct
  • The Real Deal
  • Uncategorized
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Bass asks LA City Council to roll back ULA for Palisades victims

Pacific Palisades residents could be in for relief from Measure ULA as Angeles Mayor Karen Bass presses the City Council to move forward on a temporary pause of the so-called “mansion tax.”  The request marks the first major move at ...

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  • 10 Oct
  • The Real Deal
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FlightWave takes off with triple the space in new Torrance lease

FlightWave Aerospace Systems is taking flight with its latest lease in the Los Angeles area.  The subsidiary of drone technology company Red Cat Holdings, signed a five-year lease for 51,023 square feet of space at a creative ...

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  • 09 Oct
  • The Real Deal
  • Uncategorized
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AEW buys into Hollywood multifamily at $431K per unit

A company connected to AEW Capital Management purchased a seven-story apartment complex for $159 million, according to property records.  The sellers were Cal-Coast Development and Rescore — a real estate investment trust managed by ...

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  • 09 Oct
  • The Real Deal
  • Uncategorized
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Goldie Hawn, Kurt Russell’s former Palisades home to hit market

Goldie Hawn and Kurt Russell’s former Pacific Palisades pad is set to hit the market Friday with an asking price nearly double what its current owners paid in 2017. The five-bedroom, five-bathroom home at 1417 Capri Drive spans 6,400 ...

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  • 09 Oct
  • The Real Deal
  • Uncategorized
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Details emerge about alleged Palisades arsonist Jonathan Rinderknecht

Officials have put a face to the start of the deadly Palisades Fire.  Jonathan Rinderknecht, a 29-year-old former Uber driver living in Florida, has been arrested and charged with federal arson for allegedly setting a fire in January ...

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  • 09 Oct
  • The Real Deal
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  • Recent Posts

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