Newsom signs flurry of housing bills

California Governor Gavin Newsom
California Governor Gavin Newsom (Illustration by Ilya Hourie for The Real Deal with Getty)
Newsom signs flurry of housing bills

Beverly Hills estate called The Peak put on market at $65M

Drew Fenton with  1005 N. Alpine Dr (Redfin, Hilton & Hyland)
Beverly Hills estate called The Peak put on market at $65M

Stake in the Century Plaza Hotel heads to auction block

Century Plaza project at 2025 Avenue of the Stars and Woodbridge Capital Partners' Michael. Rosenfeld (CoStar)
Stake in the Century Plaza Hotel heads to auction block

Lancaster shopping center trades for $45M

Valley Central at 44400 Valley Central Way in Lancaster (Google Maps, Getty)
Lancaster shopping center trades for $45M

Former duck farm in Newport Beach asks $25M

John Wayne and 2612 Mesa Drive in Newport Beach (Getty, Zillow)
Former duck farm in Newport Beach asks $25M

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California Governor Gavin Newsom

Newsom signs flurry of housing bills

Just over one year after greenlighting SB 9, arguably California’s most significant new housing law in generations, on Wednesday California Gov. Gavin Newsom signed into law a flurry of additional pro-density housing bills that...

Newsom signs flurry of housing bills
Cobby Pourtavosi with Four Points by Sheraton at LAX (LinkedIn, Google Maps, Getty)

Cannabis entrepreneur pays $55M for Four Points LAX hotel

Cobby Pourtavosi, an investor turned cannabis entrepreneur, has bought a hotel near LAX for $54.5 million. Two entities that...

Cannabis entrepreneur pays $55M for Four Points LAX hotel
Mayoral candidate Rick Caruso (Illustration by The Real Deal with Getty)

Caruso refills campaign coffers with $7M contribution

Here’s a line that never seems to get old: Rick Caruso is spending again. The mayoral candidate and billionaire...

Caruso refills campaign coffers with $7M contribution
John Wayne and 2612 Mesa Drive in Newport Beach (Getty, Zillow)

Former duck farm in Newport Beach asks $25M

What would it cost to own a former duck farm once visited by John Wayne, James Cagney and Clark Gable in Newport Beach? The ask: $25 million. The owners of the 2.5-acre ranch have...

Former duck farm in Newport Beach asks $25M
Valley Central at 44400 Valley Central Way in Lancaster (Google Maps, Getty)

Lancaster shopping center trades for $45M

A 375,500-square-foot shopping center in Lancaster has sold for $45.3 million, or $121 per square foot. The Valley Central traded hands at 44400 Valley Central Way, the San Fernando Valley Business Journal reported. The...

Lancaster shopping center trades for $45M
Lisa Optican with Douglas Elliman (Douglas Elliman, Loopnet, Getty)

Lisa Optican joins Douglas Elliman from Hilton & Hyland

Lisa Optican, a broker who gained prominence for selling Marilyn Monroe’s Brentwood estate, has joined Douglas Elliman, the firm...

Lisa Optican joins Douglas Elliman from Hilton & Hyland
Joel Schreiber, Starwood's Barry Sternlicht and 801 South Broadway (MDM Builders Group, Getty)

Starwood sues Joel Schreiber for $272M over LA building

Starwood Capital is at its wits end with Joel Schreiber. Barry Sternlicht’s firm is suing Schreiber, best known as...

Starwood sues Joel Schreiber for $272M over LA building
Brookfield Properties' Brian Kingston and 601 South Figueroa Street (Brookfield Properties, Getty, Loopnet)

Brookfield looks to sell DTLA’s Figueroa tower

Brookfield Properties wants to shed one of its trophy office towers in Downtown L.A., The Real Deal has learned....

Brookfield looks to sell DTLA’s Figueroa tower
Billionaire Ed Roski playing puppeteer for Texas gubernatorial candidates Beto O'Rourke (left) and Greg Abbott (right) (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images)

SoCal real estate funders back Abbott, O’Rourke

California is sending more than corporate relocations and house hunters to Texas. And Gov. Gavin Newsom isn’t the only...

SoCal real estate funders back Abbott, O’Rourke
From left: 185 South State College Boulevard, 821 South Myrtle Avenue, Industrious' Jamie Hodari and AvalonBay’s Benjamin Schall (Google Maps, Industrious, AvalonBay Communities)

Industrious adds apartment sites to coworking footprint

Industrious wants to come to your apartment. The coworking company has agreed to open up a facility in AvalonBay...

Industrious adds apartment sites to coworking footprint
Allen B. Schwartz with 2383 Mandeville Canyon Road (Getty, Compass)

Fashionista Allen Schwartz takes $16M for Brentwood house

Fashion executive Allen Schwartz, who manufactures dresses under the ABS Collection brand, sold his Brentwood area mansion at a...

Fashionista Allen Schwartz takes $16M for Brentwood house

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