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Author: The Real Deal

JMB Realty nears finish line for Century City Center office tower

JMB Realty Corporation’s new office tower in Century City is nearing completion.  Century City Center rises 37 stories at 1950 South Avenue of the Stars and is slated to host 730,000 square feet of offices above parking and retail ...

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  • 13 Nov
  • The Real Deal
  • Uncategorized
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Beverly Hills Estates heads to Palisades with launch of new division

The Beverly Hills Estates plans to open an office in the Pacific Palisades as it expands its presence amid ramped rebuilding post wildfires.  Jacqueline Chernov, who joined the brokerage in March from Compass, will head the office, ...

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  • 13 Nov
  • The Real Deal
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NHL champ seeks buyer for $60M Malibu estate

A seaside mansion in Malibu occupied by a longtime NHL player is on the market.  Former professional hockey defenseman Chris Chelios has listed his compound overlooking Paradise Cove beach for just under $60 million, Mansion Global ...

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  • 12 Nov
  • The Real Deal
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Morgan Stanley drops $92M on “predictable” industrial outdoor storage sector

Morgan Stanley Real Estate Investing is doubling down on the high-performing industrial outdoor storage submarket.  The real estate investment arm of the banking giant bought a 26-acre industrial outdoor storage parcel at 10650 Hemlock ...

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  • 12 Nov
  • The Real Deal
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VA finds UCLA, Brentwood School paying 5% of market rate for West LA leases

UCLA, the Brentwood School and a private parking operator are paying pennies on the dollar to lease prime West Los Angeles land from the Department of Veterans Affairs that federal officials believe should be used to house homeless ...

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  • 12 Nov
  • The Real Deal
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Coldwell Banker snaps up Berkshire Hathaway HomeServices California affiliate

Anywhere Real Estate’s Coldwell Banker brand just expanded its Southern California presence in a big way. Coldwell Banker Real Estate said Tuesday it entered into a franchise agreement to bring Berkshire Hathaway HomeServices ...

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  • 11 Nov
  • The Real Deal
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Caruso’s Steadfast LA awards $400K to businesses

Rick Caruso’s nonprofit Steadfast L.A. is coming to the aid of more businesses scorched by the Palisades and Eaton fires.  The nonprofit, working with Banc of California, awarded $400,000 to 10 small businesses in fire-affected areas, ...

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  • 11 Nov
  • The Real Deal
  • Uncategorized
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FivePoint cuts commercial space to add 1.3K homes to Irvine megaproject

FivePoint Holdings wants to squeeze more homes into its Great Park Neighborhoods megaproject in Irvine while sacrificing commercial space.  The local developer is asking city officials to approve nearly 1,300 more residential units at ...

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  • 11 Nov
  • The Real Deal
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Fox advances studio lot redevelopment project in Century City

Fox Corporation has taken another step to move its $1.5 billion studio lot redevelopment project forward in Century City. The media conglomerate wants to subdivide the Fox Studio lot at 10201-10275 West Pico Boulevard into two ground ...

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  • 11 Nov
  • The Real Deal
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LA County resi sales hit downward slope

Signed contracts dragged last week in Los Angeles County as the holiday slowdown sets in. A dozen homes went into contract last week, good for $76.5 million in asking volume. That’s off five contracts and nearly 40 percent in volume ...

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  • 11 Nov
  • The Real Deal
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  • Recent Posts

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