Commercial Real Estate

1333 S. Orange Grove Avenue (Google Maps)

Canfield sells newly converted luxury rental complex

Canfield Development has sold a newly built condominium-turned-luxury rental complex in Mid-Wilshire for $55 million. An affiliate of investment...

Canfield sells newly converted luxury rental complex
TRD’s May issue is live for subscribers!
National Issue

TRD’s May issue is live for subscribers!

The Real Deal’s May issue is live for digital subscribers and soon to hit doorsteps across the country. Social justice and a post-pandemic market resurgence are front and center in this month’s issue. Tenants’...

TRD’s May issue is live for subscribers!
The parcel of land in Causeway Bay (Google Maps)
Weekend Edition

Hong Kong sells Causeway Bay site for $2.5B

The Hong Kong government auctioned a parcel of land in Causeway Bay this week for the first time since 1997, and it sold for much more than expected. Hysan Development Co. and Chinachem Group...

Hong Kong sells Causeway Bay site for $2.5B
Corcoran Global Living CEO Michael Mahon and the Beverly Hills location. (Corcoran, JLL)

Corcoran sets up shop in Beverly Hills

UPDATED, MAY 14, 2021, 5:45 p.m.:  Corcoran Group is trying to cement its presence as a major luxury brokerage in Los Angeles with a swanky new office in Beverly Hills. Franchise affiliate Corcoran Global...

Corcoran sets up shop in Beverly Hills
Chief People Officer Carolyn Patterson (Getty, Yelp)
National

Yelp to experiment with return-to-work plans

Yelp is reviewing its office spaces, and not all will receive five stars. In February, the tech company announced...

Yelp to experiment with return-to-work plans
Outdoor dining in Santa Monica (Getty)

LA’s Covid-era al fresco dining rules could last

Los Angeles’ Covid-era regulations that cleared the way for a burst of outdoor dining establishments may become a permanent...

LA’s Covid-era al fresco dining rules could last
Nearly half of new shops in 2021 will be dollar stores. (Getty)
National

2021 is raining dollar stores

Cost-conscious consumers have gotten the attention of retailers. Nearly half of the 3,597 stores expected to open nationwide this year will be no-frills discount shops, according to a report from Coresight Research. Dollar General...

2021 is raining dollar stores

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