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Author: The Real Deal

Oppenheim Group sues Daftarian over soured Corona del Mar deal

The Oppenheim Group, founded by “Selling Sunset” star Jason Oppenheim, is suing an Orange County luxury agent and his firm over an alleged deal gone bad. The brokerage claimed in a lawsuit filed last week in Orange County Superior ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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Abode Communities plots 94 affordable rentals on Hawthorne-owned land

Hawthorne is gaining an affordable housing complex on city-owned land near the intersection of Rosecrans and Prairie Avenues.  Abode Communities is moving forward with plans to build residences on a vacant lot on Cordary Avenue next to ...

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  • 05 Mar
  • The Real Deal
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Beverly Hills “queen of real estate” charged with mechanic’s lien fraud

The Los Angeles County District Attorney charged a Beverly Hills woman with 25 felony counts of real estate fraud.  County D.A. Nathan Hochman charged 58-year-old Rita Ortiz in an “egregious” case of alleged real estate fraud, KTLA and ...

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  • 05 Mar
  • The Real Deal
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Centurion sells Mandarin Oriental penthouse in priciest per sf deal this year

The Mandarin Oriental Residences reeled in a $13.3 million penthouse buyer, in Los Angeles County’s priciest per-square-foot condo deal so far this year. The trade, which was recorded Tuesday, comes after Centurion Real Estate Partners ...

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  • 05 Mar
  • The Real Deal
  • Uncategorized
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LA city planners sign off on 4S Bay Partners’ Baldwin Hills production campus

A proposed production campus in Baldwin Hills has been given the go-ahead from the Los Angeles City Planning Commission.  4S Bay Partners can move forward on its Stocker Street Creative endeavor at 3701 West Stocker Street, Urbanize ...

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  • 05 Mar
  • The Real Deal
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New York spa Bathhouse to transform Nahla-owned former Amoeba Music store

A New York-based spa chain is hitting “play” on its first West Coast location and moving into an iconic music spot in the process.  Bathhouse leased the 55,000-square-foot former Amoeba Music store at 6400 Sunset Boulevard in ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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Varda Space launches HQ move in red-hot industrial market El Segundo

Playtime is over in El Segundo as a space manufacturing startup is taking over the former home of Barbie and Hot Wheels.  Varda Space Industries leased a 205,400-square-foot industrial and creative office building at 2031 East Mariposa ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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Westside resi team O’Connor Estates launches design-focused listing platform

​​A small Santa Monica-based real estate team is betting that good taste can help create a new business model.  O’Connor Estates, a Berkshire Hathaway franchisee, launched “The O’List,” a curated residential platform the firm says was ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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Ring lights required: Hollywood office market demands influencer spaces

For some Hollywood office tenants, in-house mini studios are becoming the hottest amenity.  Office users in Hollywood are looking to take advantage of the constant stream of celebrities and influencers who come through Los Angeles by ...

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  • 04 Mar
  • The Real Deal
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Blue Owl backs FivePoint on $1.7B land banking deal

FivePoint Holdings is committing to land banking with its latest partnership.  Irvine-based FivePoint is teaming up with Blue Owl Capital to buy up to $1.7 billion of land in the U.S. housing market, the Orange County Business Journal ...

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  • 03 Mar
  • The Real Deal
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