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Bankrupt Rite Aid to market 1.3K stores, including dozens in LA County

After filing for its second Chapter 11 bankruptcy in two years, Rite Aid shoved 1,245 drug stores into the market, including 59 in Los Angeles County. The Philadelphia-based pharmacy chain is marketing its leased and owned stores after ...

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  • 07 May
  • The Real Deal
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Carolwood flexes with new LA pocket listings portal, boasting $1B+ in inventory

Nick Segal’s sitting in the conference room of Carolwood Estates’ Beverly Hills headquarters, moving from his laptop screen to cell phone. He’s showing off the Carolwood Private Portal, which its agents have been quietly using for a ...

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  • 07 May
  • The Real Deal
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Tracy Anderson’s Brentwood home asking $10M goes into contract

A Brentwood home doubling as a wellness retreat from seller and celebrity trainer Tracy Anderson is among last week’s top homes that went into contract. The Brentwood contemporary at 13162 Boca De Canon was last week’s second-biggest ...

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  • 07 May
  • The Real Deal
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Qatar royals allegedly behind “lawless” Beverly Hills hotel plot

An Irish hotel investor has accused members of the royal family in Qatar of failing to pay him for work done for the The Maybourne Beverly Hills hotel. Businessman Patrick McKillen filed a federal lawsuit against the Qatari royals and ...

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  • 06 May
  • The Real Deal
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Washington Prime Group’s Westminster Mall sale could stymie its immediate redevelopment

A decision by Washington Prime Group to sell its stake in the Westminster Mall in Orange County could put the kibosh on its immediate redevelopment. The Ohio-based investor has listed its share of the 1.2-million-square-foot indoor ...

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  • 06 May
  • The Real Deal
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FEMA declines to lease apartments for LA wildfire survivors: report

After natural disasters, the Federal Emergency Management Agency often leases apartment buildings for survivors — but not in Los Angeles County, where wildfires torched 13,000 homes. Federal and state disaster officials didn’t ...

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  • 06 May
  • The Real Deal
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Done deal: Carolwood, Westside Estate Agency close $110M Bel-Air deal

It’s a done deal. Former Crown Resorts chair James Packer’s $110 million purchase of a Bel-Air estate on Nimes Road has officially closed, The Real Deal has learned, making it Los Angeles County’s priciest deal so far this year by a ...

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  • 06 May
  • The Real Deal
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Eli Sasson files for Chapter 11 bankruptcy to hold onto $88M Beverly Hills Home

Developer Eli Sasson filed for Chapter 11 protections to avoid foreclosure on a Beverly Hills mansion he listed for $88 million three years ago. The octogenarian builder, known for his battle to redevelop the South Los Angeles site of ...

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  • 06 May
  • The Real Deal
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Kanye West’s former Malibu pad lands seat as LA’s top contract

Kanye West’s previous pad in Malibu made headlines again this past week when it appeared in the No. 1 spot among signed contracts in L.A. County, with a $39 million asking price. The weekly contracts list from Douglas Elliman’s Eklund ...

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  • 06 May
  • The Real Deal
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Burlington snaps up two Joann store spaces in SoCal

Burlington will cram coats and suits inside two closing Joann stores once stuffed with fabrics and arts-and-crafts supplies in Southern California. The New Jersey-based apparel retailer once known as Burlington Coat Factory has taken ...

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  • 05 May
  • The Real Deal
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  • Recent Posts

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    • Movers: Gambino Group nabs LA, NY agents May 8, 2025
    • Sacramento investor lists 270K sf DTLA office park leasehold May 8, 2025
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