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Newsom tells Coastal Commission to not stymie firestorm rebuilding

Gov. Gavin Newsom has scolded state coastal regulators for providing “legally erroneous guidance” in rebuilding Pacific Palisades, where nearly 6,700 structures burned in this month’s wildfires. The governor ordered the agency not to ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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LA luxury home contract volume soars above $300M

Los Angeles County home sellers have jumped back into the market and are taking a big bite out of the high end. Signed contract volume increased last week with 28 homes going into contract, equating to $301.3 million in asking dollar ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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New York Life sells 11-story Irvine office building for $37M

New York Life Real Estate Investors has sold an 11-story office building in Irvine for $37 million, less than half of what it paid for it a decade ago. The New York-based unit of New York Life Investments sold the 234,400-square-foot ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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LA County sets up office-share website for fire-displaced businesses

Businesses burned out of their offices during this month’s firestorms across Los Angeles County could probably use some room for a desk. That’s why Los Angeles County launched a business-to-business office-share site similar to Airbnb ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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LA-market landlords illegally jack up rents 20% after firestorms

It’s official. Landlords in the Los Angeles market have illegally gouged renters scrambling to find homes after historic wildfires this month torched entire neighborhoods. Overall, rents jumped by 20 percent across Los Angeles County ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Douglas Emmett buys Murdock Plaza in $131M deed-in-lieu sale

Santa Monica-based real estate investment trust Douglas Emmett bought Murdock Plaza at 10900 Wilshire Boulevard from Tishman Speyer through a deed-in-lieu of foreclosure, The Real Deal has learned. The 17-story office tower at the ...

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  • 27 Jan
  • The Real Deal
  • Uncategorized
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SoCal agent hit with price gouging charge as law limits rents

Attorney General Rob Bonta has filed the first price-gouging charges related to the fires, accusing La Cañada-Flintridge real estate agent Mike Kobeissi of raising the monthly rent on a property by 38 percent, the Los Angeles Times ...

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  • 27 Jan
  • The Real Deal
  • Uncategorized
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DTLA to welcome federal workforce back to the office

Downtown Los Angeles could become livelier as federal workers return to more than 1 million square feet of offices across the city next month. The U.S. Office of Personnel Management gave federal agencies 30 days to comply with ...

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  • 27 Jan
  • The Real Deal
  • Uncategorized
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Trump enters LA’s decades-old development fray during fire tour

President Donald Trump ripped into state and local red tape in remarks about development during his visit to fire-ravaged Los Angeles, as he urged L.A. Mayor Karen Bass to move faster in helping residents who lost their homes to ...

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  • 27 Jan
  • The Real Deal
  • Uncategorized
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Jeremy Piven lists Mount Olympus home for $10M

Actor Jeremy Piven is looking to move from his perch high up in the Hollywood Hills neighborhood of Mount Olympus. Piven, known for playing Hollywood agent Ari Gold in the HBO series “Entourage,” put his home on the market Thursday, ...

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  • 24 Jan
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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    • Los Angeles city planners give blessing to DTLA mixed-use complex July 11, 2025
    • Residential Movers & Shakers: Brian Sperry shuffles from Coldwell Banker to Compass July 11, 2025
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