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Relevant Group moves from Hollywood hotels to DTLA multifamily

Relevant Group, which sold the historic Morrison Hotel in Downtown Los Angeles late last year, now wants to build hundreds of homes next door. The Hollywood-based developer led by Grant King has filed plans to build a 531-unit ...

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  • 11 Nov
  • The Real Deal
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Pacific Premier Bank renews headquarters lease in Irvine

The Orange County office market just got a boost from one of California’s biggest regional banks. Pacific Premier Bank renewed its 115,438-square-foot headquarters at John Hancock Real Estate’s 12-story Oracle Tower at 17901 Von Karman ...

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  • 08 Nov
  • The Real Deal
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LAcarGuy to turn Toyota of Hollywood into retail village

The Sullivan family has moved forward with plans to knock down the nation’s oldest Toyota dealership in Hollywood and replace it with a 501,500-square-foot retail village. The owner of Hawthorne-based LAcarGuy is backed by a new ...

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  • 08 Nov
  • The Real Deal
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Cabot buys back Inland Empire warehouses for $202M

Cabot Properties has bought back three warehouses that it had sold to Link Logistics in the Inland Empire, plus another one, for $202 million The Boston-based investor purchased the fully leased 670,000-square-foot portfolio of four ...

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  • 08 Nov
  • The Real Deal
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Kanye West picks up 11-bedroom estate in Beverly Park for $35M

Will Kanye West, who gutted a Tadao Ando-designed home in Malibu, trash the 20,000-square-foot estate he just bought in Beverly Park for $35 million? The rapper and fashion designer who now goes by Ye bought the estate once owned by ...

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  • 08 Nov
  • The Real Deal
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Macerich turnaround features sale of The Oaks mall for $157M

Macerich has taken about a 60 percent bite out of its $2 billion debt reduction target. More mall sales should help get it across the finish line.   In its third-quarter report, the Santa Monica-based real estate investment trust, ...

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  • 08 Nov
  • The Real Deal
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Cooper Mount: Malibu kid makes mega-million deals

Cooper Mount grew up in what some refer to as Old Malibu. Now, he’s helping to broker a wave of megadeals reshaping the city one multi-million-dollar beach house at a time.  The Carolwood Estates agent’s name has appeared in reports ...

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  • 07 Nov
  • The Real Deal
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Karen Winnick cuts Casa Encantada asking price again to $165M

Karen Winnick hopes another price cut on Casa Encantada to $165 million might help nab the right buyer for the 60-room mansion. The price change is a $30 million reduction, following a $55 million haircut to the asking price about a ...

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  • 07 Nov
  • The Real Deal
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Timothy Tamura of OC’s Valia Properties loses cancer battle

Timothy Tamura, who named his Valia Properties after an ancient word meaning “there’s value in truth,” has died.  The co-founder and managing partner of the Newport Beach-based luxury brokerage died from cancer at an undisclosed time ...

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  • 07 Nov
  • The Real Deal
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Real estate industry welcomes Hochman victory in LA County DA race

The real estate industry is breathing a sigh of relief because independent Nathan Hochman has secured victory in Los Angeles County’s closely watched district attorney race.   The former federal prosecutor won over voters with his ...

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  • 06 Nov
  • The Real Deal
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