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The Real Deal Los Angeles

  • WeWork sues Long Beach co-working firm with similar name

    Defendant WE Labs said WeWork is fighting for turf because it is planning a Long Beach location
    June 28, 2016 03:00PM By Cathaleen Chen
    WeWork and WE Labs logos (graphic: Lexi Pilgrim)

    WeWork and WE Labs logos (graphic: Lexi Pilgrim)

    WeWork has been taking Los Angeles by storm, and now it’s trying to ensure no competitors slow its stride.

    The international co-working giant recently filed a trademark lawsuit against office space provider Work Evolution Laboratories, or WE Labs for short. [more]

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  • Beverly Hills developer Jona Goldrich dies at 88

    The developer, who survived the Holocaust, grew a company that owns 211 properties in California
    June 28, 2016 02:12PM
    Jona Goldrich and his Dolphin Marina apartment building in Marina del Rey (credit: Goldrich & Kesser Industries)

    Jona Goldrich and his Dolphin Marina apartment building in Marina del Rey (credit: Goldrich & Kest Industries)

    Beverly Hills developer, property owner and philanthropist Jona Goldrich died Sunday at age 88.

    Born in Lviv, Poland, Goldrich survived his parents and brother during the Holocaust, the Beverly Hills Courier reported. [more]

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  • Ex-ballers to NBA stars: Don’t let RE investors scam you

    Danny Granger and Devean George spoke at players’ symposium
    June 28, 2016 01:00PM By Konrad Putzier
    From left: David Eyzenberg, Devean George and Danny Granger

    From left: David Eyzenberg, Devean George and Danny Granger

    From the New York website: In his final year in the NBA, Danny Granger took home more money from his real estate investments than he did from his Miami Heat paycheck. “That’s when it really, really hit me,” he said Monday. “What am I doing? My knees hurt, my back is killing me. That was it. I was done.” [more]

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  • Barely winning: Charlie Sheen pockets $615K on Bev Hills property

    He sold the estate for $5.4M
    June 28, 2016 12:00PM

    Actor and pop culture gem Charlie Sheen has sold his 6,625-square-feet gated manor in the Mulholland Estates for $5.4 million. That’s slightly above what he paid for it in late 2012, but substantially below its asking price of $6.1 million, Variety reported.

    The five-bedroom, five-bathroom property on Beresford Road has a giant foyer, formal living room with stone columns, formal dining room and screening room. [more]

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  • Tinder co-founder demands $350K in unpaid rent from estate of dead ‘Wolf of Wall Street’ associate

    Barry Gesser rented Justin Mateen's Beverly Hills home last year
    June 28, 2016 10:30AM
    Still from "The Wolf of Wall Street" and Justin Mateen (credit: Paramount Pictures, Wikipedia Commons)

    Still from “The Wolf of Wall Street” and Justin Mateen (credit: Paramount Pictures, Wikipedia Commons)

    Tinder co-founder Justin Mateen is going after a dead guy for rent. [more]

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  • Americana at Brand buyer successfully sues Rick Caruso’s firm in small claims

    Apartment was allegedly 78 square feet smaller than what the developer advertised
    June 28, 2016 09:30AM
    Developer Rick Caruso and the Americana at Brand in Glendale

    Developer Rick Caruso and the Americana at Brand in Glendale

    A Glendale man has won $5,000 from Rick Caruso’s development firm in court after claiming his condo at the Americana at Brand was 78 square feet smaller than advertised. [more]

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  • The Real Deal is heading to the Hamptons!

    Special supplement will cover residential, commercial real estate on the East End
    June 28, 2016 08:30AM

    Hamptons-Market-Report

    The Real Deal is shipping out to the East End for the second installment of our Hamptons Market Report, which will be included in the July issue of the magazine. [more]

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  • Most Popular on The Real Deal

    June 28, 2016 07:30AM

    Current reader favorites:

    1. Berkshire Group is renovating One Santa Fe to better “blend in”

    2. AwesomenessTV signs 90K sf lease at SaMo Pen Factory

    3. Planning Commission voted in support of reining in Airbnb

    4. AEG drops 755-key hotel development by convention center

    5. 384-unit apartment building planned for Van Nuys

     

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  • Submarket Snapshot: Ultra-luxury homes in Mar Vista and Palms

    Two homes sold for over $3M from March to May
    June 27, 2016 05:00PM By Hannah Miet

    Los Angeles

    The ultra-luxury home market in Mar Vista and Palms is hardly high volume.  [more]

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  • Fandango closing on 85K sf lease in Beverly Hills

    The HQ move to 407 North Maple Drive will expand company’s LA footprint by 35K sf
    June 27, 2016 04:06PM By Hannah Miet
    The building at 407 North Maple Drive in  Beverly Hills and Fandango President Paul Yanover

    The building at 407 North Maple Drive in Beverly Hills and Fandango President Paul Yanover

    Ticket seller Fandango Media is riding high on recent acquisitions — including the purchase of Flixster and Rotten Tomatoes from Warner Brothers Entertainment. Soon, the Comcast-owned company will also have a flashy 90210 headquarters address to prove it has arrived.  

    Fandango is close to sealing the deal on a lease for roughly 85,000 square feet at Tishman Speyer’s 407 North Maple Drive building in Beverly Hills, The Real Deal has exclusively learned. The move will add about 35,000 square feet to the company’s L.A. footprint. [more]

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