From the L.A. print issue: We were thrilled to open the doors to our Los Angeles office at the start of this year, when we launched our fast-paced website. Since then, we’ve been breaking real estate news, analyzing reports, profiling major players and investigating industry gossip as we watch the Downtown skyline rise right outside our windows.
Los Angeles has always been a unique and complicated region, containing 88 cities with their own nooks and crannies and market eccentricities. But now, more than ever, Los Angeles is seeking to shape its identity — how dense it should be, how walkable, what its architecture conveys to the outside world, and so much more.
Online, at TheRealDeal.com/LA, we track these questions every day. We cover the rise of DTLA’s residential towers, as new luxury apartments flood the market and landlords offer incentives to compete. We track how mansionization restrictions, zoning battles and NIMBYism affect residential markets from the Westside to Northeast L.A. We follow the density-curbing initiatives headed to our ballot and the pushback against them. We watch the new faces of the movie business, like Netflix, sign leases — ironically, in old Hollywood. We cover the quick growth of Silicon Beach and the creative office craze. We cover the dozens of downtown centers outside of DTLA, tracking trends from Beverly Hills’ Golden Triangle to Old Town Pasadena.
We also report on the industry itself, as consolidation and competitive poaching fuel a broker shakeup in the commercial sector, and new residential players like Douglas Elliman and Compass step on the Westside’s gilded residential turf. We cover lawsuits, unveil LLC buyers and find the projects seeking EB-5 funding.
We cover the dirt that, for a long time, was left unturned. We look forward to continuing to report on the wheelings and dealings in this real estate town that is often misunderstood as being all about fame and glamour — though don’t worry, we cover celebrity house trades, too. We’ll see you online.