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Scientology finds new shelter: Church buys distressed Mama Shelter hotel in Hollywood for $16M

The former home of the Mama Shelter hotel in Hollywood has traded out of distress to a well-known deep-pocketed player in the neighborhood.  An entity tied to the Church of Scientology purchased the 70-room lodging at 6500 Selma Avenue ...

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  • 24 Apr
  • The Real Deal
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New group looks to scrap the “binary,” keep Measure ULA’s fate local

Industry trade groups looking to thwart a statewide ballot measure that could topple the city’s mansion tax, took their proposals to Los Angeles City Hall on Friday. The Affordable LA: Mend It, Don’t End It coalition, which is led by ...

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  • 24 Apr
  • The Real Deal
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Diane Keaton’s former Beverly Hills mansion relisted with nearly $5M price cut

The Beverly Hills home of late Hollywood icon Diane Keaton just took a nearly 20 percent price cut.  The Spanish Colonial Revival home in the city’s Flats neighborhood is now for sale for just shy of $21 million, down from its original ...

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  • 24 Apr
  • The Real Deal
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DOJ moves to seize Beverly Hills mansion owned by top Kurdish general

A Beverly Hills mansion tied to a politically connected Kurdish military figure is in the crosshairs of the U.S. Department of Justice, which is seeking to seize the property in relation to an alleged multimillion-dollar bribery scheme ...

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  • 24 Apr
  • The Real Deal
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LA apartment owners on split court decision over relocation, evictions: Still not enough to justify investment

The Apartment Association of Greater Los Angeles’ partial win in its lawsuit against the City of Los Angeles may ease the financial burden and risk for local multifamily property owners to a degree but it’s a drop in the bucket for ...

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  • 24 Apr
  • The Real Deal
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Bass, Barger meet with Trump to secure $16B in wildfire relief funds

Los Angeles leaders may have found a path to billions in federal wildfire recovery funds, and it goes straight through the Oval Office.  On Wednesday, Los Angeles Mayor Karen Bass and County Supervisor Kathryn Barger met with President ...

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  • 23 Apr
  • The Real Deal
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Bel Air spec manse on auction block after years of price cuts fail to attract buyer

A Bel Air spec mansion that once sought a $50 million price tag is heading to the auction block after failing to find a buyer.  The 19,348-square-foot home at 677 Nimes Road will be sold at auction with a $30 million reserve, Mansion ...

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  • 23 Apr
  • The Real Deal
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Hollywood producer Joe Roth lands $22M in Holmby Hills manse sale

Powerhouse Hollywood producer Joe Roth is making some big real estate moves this week.   On Wednesday, the “F9” and “Maleficent” producer closed the sale of 111 North Mapleton Drive in Holmby Hills for $22.3 million, while also listing ...

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  • 23 Apr
  • The Real Deal
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Swift sells more Pasadena offices at nearly 50% discount

Another Pasadena office building has traded hands for significantly less than its previous sale price.  State Compensation Insurance Fund purchased 35 North Lake Avenue in Pasadena for approximately $33 million, L.A. Business First ...

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  • 23 Apr
  • The Real Deal
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Kurv Industrial grows OC holdings with 348K sf property from LBA Logistics

A nearly 20-acre industrial property in Orange County has come under new ownership. Kurv Industrial, which rebranded from Bridge Industrial last month, acquired a 348,000-square-foot industrial building on a 19.5-acre parcel at 9750 ...

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  • 22 Apr
  • The Real Deal
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  • Recent Posts

    • Scientology finds new shelter: Church buys distressed Mama Shelter hotel in Hollywood for $16M April 24, 2026
    • New group looks to scrap the “binary,” keep Measure ULA’s fate local April 24, 2026
    • Diane Keaton’s former Beverly Hills mansion relisted with nearly $5M price cut April 24, 2026
    • DOJ moves to seize Beverly Hills mansion owned by top Kurdish general April 24, 2026
    • LA apartment owners on split court decision over relocation, evictions: Still not enough to justify investment April 24, 2026
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