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Mar Vista homes trades for $10M in new record for LA neighborhood

The $10 million sale of a Mar Vista home has set new records for the Westside neighborhood. The five-bedroom, six-and-a-half-bathroom home at 11948 Modjeska Place bests the community’s previous priciest-ever residential deal set in ...

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  • 04 Feb
  • The Real Deal
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Billionaire developer Geoff Palmer backs GOP governor hopeful Steve Hilton 

Billionaire Los Angeles developer Geoff Palmer is betting on ex-Fox News host Steve Hilton for governor. Palmer, one of Los Angeles’ most prolific multifamily developers — who was once called the city’s “worst developer” — donated ...

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  • 04 Feb
  • The Real Deal
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Keeping tabs: Los Angeles real estate’s mayoral picks

Following the money shows some big ties to real estate for incumbent Karen Bass heading into Los Angeles’ June mayoral race. Campaign contribution filings, the most recent of which were due Monday for the reporting period through Dec. ...

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  • 04 Feb
  • The Real Deal
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LA City Council approves $90M for Palisades property owners to rebuild

The Los Angeles City Council signed off on a $90 million subsidy program for Palisades fire victims.  On Tuesday, the city council unanimously approved the funding for costs associated with rebuilding properties in Pacific Palisades ...

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  • 04 Feb
  • The Real Deal
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401 units proposed for Santa Monica site near Bergamot Station Arts Center

Santa Monica is slated to receive another new housing development with affordable units atop ground-floor retail.  A new application filed with city planners calls for demolishing a low-rise office complex at 1655 26th Street and ...

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  • 04 Feb
  • The Real Deal
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Bankruptcy exit deal reached for LA’s graffiti-riddled Oceanwide Plaza

Creditors for the graffiti-covered Oceanwide Plaza towers in Downtown Los Angeles have struck a deal to get the $1.2 billion development out of bankruptcy.  The new bankruptcy-exit agreement, which settles a dispute between creditors ...

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  • 04 Feb
  • The Real Deal
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Learning Experience inks pre-leases for four new SoCal locations

The Learning Experience is growing in Southern California with a slew of pre-lease deals.  The Florida-based early education and day care services operator plans to open four new locations in San Bernardino County and Riverside County ...

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  • 03 Feb
  • The Real Deal
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Boyle Heights residents face eviction by “Sex and the City” actor-turned-developer

And just like that, a group of Boyle Heights residents could become homeless thanks to a former “Sex and the City” background actor.  On Feb. 5, 85-year-old Columba Torralba and her family are set to be evicted from their apartment on ...

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  • 03 Feb
  • The Real Deal
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Palisades home asking $20M leads rebound week for signed contracts

Los Angeles County deal flow bounced back last week as signed contracts ticked up. Across Los Angeles County, 22 homes went into contract for the seven days ended Feb. 1, which was good for $150.4 million in asking volume, according to ...

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  • 03 Feb
  • The Real Deal
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Missing: Bass’ “State of City” skips specifics on ULA, wildfire rebuilding

Real estate was left wanting more — a lot more when it came to Los Angeles Mayor Karen Bass’s State of the City on Monday.  This summer’s FIFA World Cup and U.S. Women’s Open, along with the 2028 Olympic and Paralympic games, dominated ...

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  • 03 Feb
  • The Real Deal
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  • Recent Posts

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