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Author: The Real Deal

LA County greenlights self-certification for Altadena rebuilding

Los Angeles County wants to hasten the rebuilding of Altadena after this year’s devastating wildfires by allowing developers to self-certify home building plans. The Los Angeles County Board of Supervisors voted to approve a pilot ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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Irvine Company aims to transform golf course into village of 3K homes

Irvine Company wants to redevelop an Irvine golf course and offices next door into a neighborhood of more than 3,000 homes. The Newport Beach-based developer has filed plans to build 1,500 single-family homes atop the 193-acre Oak ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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Former LA police commissioner, prominent attorney to list Bel-Air estate for $24M

Carolwood Estates’ Lisa Optican is standing in front of 1021 Stone Canyon Road in Bel-Air, holding up a color copy of the 1938 cover of Architectural Digest featuring the home to prove the point that little has changed. The home’s ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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Movers: Gambino Group nabs LA, NY agents

Celebrity agent Carl Gambino continued to pad his ranks, revealing two additions each to his Los Angeles and New York rosters. The Gambino Group at Compass said it brought on Heather Marks and Kevin Milkis in Los Angeles. Meanwhile, ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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Sacramento investor lists 270K sf DTLA office park leasehold

A Sacramento-area investor is marketing a low-slung office park in Downtown Los Angeles for a leasehold and possible redevelopment. An affiliate led by Jas Bains, head of Roseville-based Dominus Companies, has listed the five-building ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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Kilroy reports lackluster earnings as West Coast tenants downsize

Kilroy Realty’s earnings last quarter were fair to middling as office and life sciences occupancy slackened further across its 17.1-million-square-foot portfolio in San Francisco, Los Angeles, Seattle and San Diego, the company ...

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  • 08 May
  • The Real Deal
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LA kills 26-story hotel-apartment tower in Chinatown after Redcar goes silent

Los Angeles has killed a plan by Redcar Properties to build a 26-story apartment and hotel tower in Chinatown. The city Planning Department issued a termination letter to the Santa Monica-based developer for its proposed 282-foot ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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Mayor Karen Bass blasts everyone but herself for wildfire mishandling

Mayor Karen Bass foisted blame for the city’s mishandling of January’s deadly Los Angeles wildfires and their aftermath on everyone but herself. Bass called out the LA Department of Water and Power, the Los Angeles Fire Department and ...

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  • 07 May
  • The Real Deal
  • Uncategorized
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WEA, Beverly Hills Estates cut deal on $27M Malibu Colony home

A Cape Cod-style home in Malibu Colony sold this month for $26.8 million, making it the priciest on-market residential deal so far this year in the ritzy coastal city. The six-bed, five-bath home at 23736 Malibu Colony Road hit the ...

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  • 07 May
  • The Real Deal
  • Uncategorized
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Oil firm eyes homes, hotel near Bolsa Chica wetlands in Huntington Beach

California Resources Corporation wants to develop 92 acres of Huntington Beach’s pristine coast with an 800-unit hotel-retail village. The Long Beach-based energy company has filed plans to build the mixed-use development on industrial ...

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  • 07 May
  • The Real Deal
  • Uncategorized
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