April 2019 Issue

High rollers in a budding business

Real estate players increasingly see cannabis as the next big thing, but its illegal status on the federal level remains

Churchill Real Estate Holdings’ Justin Ehrlich made a name for himself as a New York developer snapping up distressed Manhattan buildings during the financial crisis and turning them into luxury condos. But lately, his focus has been on another high-growth business: cannabis. In addition to his property dealings, Ehrlich is a partner in Loudpack, an umbrella company of brands that sells a popular line of vaporizers, among other products. He’s … [more]

WeHo’s pot revolution

All eyes are on the first city in the county to offer onsite consumption licenses, potentially setting precedents as Los Angeles and other municipalities consider their own regulations

When the city of West Hollywood granted the first licenses for cannabis … [more]

Cannabis landlord cuts through the weeds

Armed with lawsuits and facing legal challenges of her own, Stephanie Smith is pushing to further legitimize the marijuana industry

As California adjusts to the slow rollout of legal recreational marijuana … [more]

The priciest resi listings in LA right now

The most expensive listed properties in LA County boast stunning amenities and the price tags to match, but can they sell in a softening market?

A year ago, Peter Morton made real estate history when he sold his Malibu home for $110 million — the most … [more]

The property taxes, mortgage payments & more on LA County’s priciest listings

TRD brings you behind the scenes of this month's priciest listings ranking

For this issue’s priciest listing ranking in LA County, TRD dug deeper to find out each property’s monthly taxes, … [more]

CEQA: The law that every developer loves to hate

What real estate really wants out of environmental review reform

The California Environmental Quality Act, or CEQA, is one of the most divisive state laws in real estate. In the opinion of most developers, from strictly market-rate operations to 100 percent … [more]

Ranking: The top luxury brokers in LA County

The top luxury agents in TRD’s annual ranking are reframing seller expectations while sharpening their strategies for increasing their client rosters

There’s been a lot of chatter about housing prices nearing the edge of a cliff, a bubble about to burst, an impending … [more]

Keller’s second coming

With Gary Keller back at the helm, the national franchise is making a risky $1 billion tech bet — and trying to ward off rivals looking to eat its market share

On a recent early-morning flight to New Orleans, a flight attendant with an acute sense of comedic timing l … [more]

Ranking: The top construction firms in Los Angeles

TRD’s ranking of the busiest builders finds them bracing for a slowdown as trade wars shrink their bottom lines

As the National Football League’s Los Angeles Rams flew home from Atlanta in their chartered United Airlines j … [more]

What Chinese investment in LA looks like today

As megaproject Oceanwide Plaza falters, Chinese investors in LA turntheir focus to less glamorous assets, and some observers believe they’re funneling money through Singapore

There’s no disputing that the super-charged investment boom in L.A. trophy … [more]

Salary Survey: What top real estate CEOs earn

The leaders of some of LA’s most influential public real estate firms raked in huge sums in 2017 and 2018. Here’s a look at what they made and why.

It’s a case of the haves and have-way-mores when it comes to the earnings collected by the leaders of … [more]

Seemingly sunny SoCal

The resi markets outside LA County are largely holding steady as a tech giant is rumored to make a home in Santa Barbara

Santa Barbara A giant this way comes. In a move that is expected to re-energize the city of Santa Barbara’s main thoroughfare of State Street, the 48,000-square- … [more]

The Empire strikes back

The force of industrial demand has made Inland Empire the number one location in the country for logistics facilities — and rent increases are on the horizon

This time last year, kids were gleefully hooting atop a roller coaster and other rides at the Scandia Family Fun Park … [more]

The losing battle to address affordability

Local and state officials, policy wonks and advocates have put forth a host of measures, but there are no simple solutions in sight

Those on all sides of the housing issue can agree on one thing: California needs more homes that are affordable to … [more]

The Closing: Kurt Rappaport

The top-ranked broker in TRD’s luxury residential ranking, Westside Estate Agency’s Rappaport talks about his expansion into commercial and why most agents are dinosaurs.

Kurt Rappaport is a co-founder and the CEO of Westside Estate Agency, … [more]

Editor’s note: Going to pot

There about as many cannabis puns as there are opinions on the future of the thriving industry, which has blossomed in Los Angeles County despite federal laws that could easily nip it in the bud. In this issue’s cover story, reporters Dennis Lynch and Rich Bockmann look at the big money seeding the sector … [more]