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Author: The Real Deal

Fighting words: Huntington Beach, state housing battle far from over

Anyone who thought the final nail had been hammered in the dispute between cities and the state over builder’s remedy might want to think again.  Let’s revisit the latest in the saga involving Huntington Beach, starting with the ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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Brookfield distress roster puts 18% of LA Financial District in play

Downtown Los Angeles isn’t what it used to be — and it seems no one knows that better than Brookfield, which now is looking to dispose of four distressed office buildings that account for nearly one-fifth of the Class A space in the ...

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  • 13 Dec
  • The Real Deal
  • Uncategorized
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Did LA County overestimate retrofit costs as an excuse to buy $200M Gas Company Tower? 

Los Angeles County’s $200 million purchase of the Gas Company Tower last year as a new home for government offices is coming under fire after critics claim the county inflated what it would have cost to stay in its old digs to justify ...

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  • 12 Dec
  • The Real Deal
  • Uncategorized
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Space Investment snaps up Topanga Gateway mall for $64M

Space Investment Partners is continuing its retail center acquisition streak across Southern California.  The Corona del Mar-based real estate investment firm bought the 123,402-square-foot Topanga Gateway mall in Woodland Hills for ...

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  • 12 Dec
  • The Real Deal
  • Uncategorized
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“Get the heck out”: Hochman charges unlicensed contractors working in Eaton burn zone

Five men have been charged with engaging in unlicensed contracting work in the Eaton fire burn zone.  Los Angeles County District Attorney Nathan Hochman announced charges Thursday against the unlicensed contractors in connection with ...

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  • 12 Dec
  • The Real Deal
  • Uncategorized
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UCLA failed to follow legal requirements before exploring possible SoFi Stadium move: lawsuit

The legal battle between the University of California, Los Angeles, the City of Pasadena and the Rose Bowl Operating Company continues as the school mulls potentially abandoning its lease to play football at the Rose Bowl. The school ...

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  • 12 Dec
  • The Real Deal
  • Uncategorized
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Sonder collapse leaves LA short-term rental property in bind

Sonder’s sudden implosion last month has left a trail of vacant buildings and frustrated landlords across Los Angeles.  Owners who bought properties to be occupied by the defunct short-term rental company are now scrambling to plug ...

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  • 12 Dec
  • The Real Deal
  • Uncategorized
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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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