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Caruso, Cardone blast Bass, Democrats as LA fires turn political

Flames from the Palisades Fire were still licking the real estate around Rick Caruso’s shopping center when the developer called into his local Fox station to lay blame on Mayor Karen Bass. “There’s no water coming out of the fire ...

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  • 09 Jan
  • The Real Deal
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Airbnb offers free rooms, hotels give discounts to LA wildfire evacuees 

As tens of thousands seek shelter from the wildfires ravaging Los Angeles, the short-term rental site Airbnb has made free rooms available to evacuees and major hotels are extending discounted rates to displaced residents.  Those ...

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  • 09 Jan
  • The Real Deal
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Material Comforts pays $85M for San Fernando Valley apartment portfolio

Material Comforts has bought a portfolio of 16 apartment complexes in the San Fernando Valley for $85 million. The Florida-based investor led by Sholom Coleman purchased the nearly 596 apartments in Van Nuys, North Hills, Panorama City ...

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  • 09 Jan
  • The Real Deal
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Santiago Arana tells bottom-up story to top of LA luxury market

Santiago Arana can peer out of his corner office window in Brentwood and point to where Argentine steakhouse Gaucho Grill once sat. That’s where he met luxury agent Rodrigo Iglesias, then at Sotheby’s International Realty, who became a ...

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  • 09 Jan
  • The Real Deal
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Hackman wins approval to revamp LA’s Television City for $1.25B

Hackman Capital Partners received a “lights, camera, action!” for its $1.25 billion plan to  redevelop its Television City studios in L.A.’s Fairfax Historic District. The Culver City-based developer was approved by the Los Angeles ...

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  • 08 Jan
  • The Real Deal
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Fires burn through LA neighborhoods as agents mobilize

Shelton Wilder of Christie’s International Real Estate Southern California and her family packed up three cars Tuesday evening and left their Brentwood home. Wanting to avoid the early morning evacuation that occurred during 2019’s ...

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  • 08 Jan
  • The Real Deal
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LA Housing Authority pays $142M for Woodland Hills apartment complex

The Housing Authority of Los Angeles has picked up a 335-unit apartment complex in Woodland Hills for $141.9 million, The public housing agency bought The Clarendon, a five-story complex at 22121 Clarendon Street, next to the 101 ...

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  • 08 Jan
  • The Real Deal
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Office leasing in LA County jumps 129% year-over-year

Office leasing has bounced back across Los Angeles County, jumping nearly 2 million square feet in a year. The L.A. office market had its best quarter since the dawn of the pandemic, with 3.9 million square feet in the last three ...

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  • 08 Jan
  • The Real Deal
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Miramax: Goodbye Century City, hello West Hollywood

Century City has become a “flight to quality” draw for office tenants in Los Angeles, but not necessarily for Hollywood studios. Miramax is abandoning its Century City headquarters for West Hollywood. The TV and film production unit of ...

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  • 08 Jan
  • The Real Deal
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Harvest Realty brings 550-agent roster to digital brokerage Real

By all accounts, Pasadena-based brokerage Harvest Realty has enjoyed a nice rally over the past decade led by its founding couple. It has now entered its Real era, joining the publicly traded digital brokerage for what it hopes will be ...

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  • 08 Jan
  • The Real Deal
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