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The Real Deal Los Angeles

July 2017 Issue

Tom Barrack’s capitol gains

L.A.’s star real estate magnate appears posed to profit from his ties to the Middle East and the new administration

During the Arab Spring of 2011, with the Middle East torn apart by demonstrations, armed rebellions and civil unrest, Colony Capita’s Thomas Barrack said he saw opportunity in contrarian investments in Egypt, Bahrain and even Syria. “The Middle East is printing money and it’s used to operating in chaos,” Barrack, who’s invested alongside both Qatari…Read More→[more]

Scoring the new kids

How does Douglas Elliman’s slow-and-steady approach stack up against Compass’ speedy spree as the two relative newcomers try to increase their L.A. market share?

New York brokerages Douglas Elliman and Compass strutted into the Los Angeles market a few years back and vexed local firms with their deep pockets … [more]

The eviction gamble

Driven by a tight rental market, landlords are using every available tool to get rent-stabilized tenants out, but activists are biting back in increasingly painful ways

t’s a tough time to be a renter in Los Angeles. Then again, it’s a tough time to be a landlord, too. L.A.’s multifamily market is hotter than ever, particularly … [more]

Retail pain is industrial’s gain

While brick-and-mortar retailers close up shop, e-commerce brands snap up their warehouses

Every day in Los Angeles, countless packages are placed on Angelenos’ doorsteps. Inside, there’s a new pair of shoes, an emergency supply of diapers or that night’s dinner, ingredients … [more]

Malibu’s dolled-up downtown draws new buyers

TRD’s rankings of top sales and listings show the enclave’s residential market is stronger than ever

If real estate mogul Sean Conlon, Leonardo DiCaprio and Miley Cyrus walk into a bar, there’s a good chance it’ll be in Malibu. The beachside community with 21 … [more]

Malibu’s bold-faced names

The inside story on notable properties owned by the rich and famous

Forget Palm Springs — media moguls, Hollywood sirens, billionaire money managers and even “Iron Man” star Robert Downey Jr. want a weekend romp in Malibu. The city’s status as the go-to playground for the wealthy was fully solidified — … [more]

His majesty of Malibu

Oracle CEO Larry Ellison’s staggering number of local properties makes him one of the most powerful people in town

Billionaire software mogul Larry Ellison has established himself as the big kahuna on the Malibu real estate scene, having acquired 12 separate properties on Carbon Beach in addition to making myriad … [more]

The titans behind LA’s trophy tower sales

Eastdil Secured reigns supreme in TRD’s ranking of the biggest office building sales of the last 12 months

The bromance between Jonathan Gray and Roy March is on full display in Los Angeles this year, as the CEOs have teamed up to sell a $2 billion-plus treasure … [more]

Master of his domain

How — and why — Robert P. Silverstein can single-handedly tank an L.A. development

Robert Silverstein’s office, buried in a large commercial building off of Colorado Boulevard in Pasadena, has few of the trappings that one might expect of a space occupied by the most influential land-use attorney working in the thriving … [more]

The age of agent auteurs

Listings videos are increasingly cinematic and costly, but can they actually sell luxury properties?

Topless women painted in gold, some in harnesses, writhe suggestively in what you could easily mistake for a mad supervillain’s luxurious Los Angeles lair. Far from a scene in the latest Hollywood franchise, … [more]

Market Snapshot: SoCal sizzles

Home prices and rental rates climb outside L.A., while San Diego sees a glut of office space

Orange County It’s always sunny in Orange County, which continues to lure Angelenos who are being priced out of their native market. The result is a consistent uptick in residential values throughout … [more]

Doing so-so in Montecito

Demand for mid-priced homes remains high, but the top of the market is going soft

Montecito has a well-established reputation as one of Santa Barbara County’s glitziest celebrity enclaves. Oprah Winfrey, Jeff Bridges, Natalie Portman and serial home buyers Ellen DeGeneres and Portia Rossi are just some of the famous … [more]

The Closing: Bill Witte

Bill Witte is the chairman and chief executive of development firm Related California, the California arm of New York’s Related Companies. He founded the branch, which focuses primarily on housing and mixed-use developments, in 1989. Related California currently has more than 4,800 units in development across 15 projects, which run the gamut from affordable … [more]

Editor's note: Feeling the heat

As summer temperatures hit historic highs, The Real Deal takes a closer look at a real estate investor who’s taken some heat because of his close ties to President Donald Trump. Colony NorthStar chairman Tom Barrack turned down a role as an official adviser to his longtime friend. But the Californian’s long business … [more]