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The Real Deal Los Angeles

July 2018 Issue

The face of big data

Stan Humphries’ role in making Zillow a household name was about much more than creating the Zestimate algorithm — and now firms in the exploding proptech field are working overtime to find their own data evangelists

The loosely defined term “big data” is on the lips in real estate offices around the world these days, describing sets of facts and figures that are too large and complex to work with using nonspecialized computers. The industry’s so-called “big data gurus” are designing algorithms parsing the data that do everything from calculate a home’s market value to match commercial spaces with ideal tenants.   Stan Humphries, chief economist … [more]

Selling a home?
It takes a village

As competition among agents gets ever more fierce, LA’s top luxury brokers are staffing up with specialized experts — but how does the extra help impact the bottom line?

A pessimist might say that the Golden Age for the residential broker has … [more]

Day in the life: Beth Styne

The COO of Coldwell Banker’s Greater Los Angeles division sees a storm ahead, and she’s getting her people ready for it

When Beth Styne decided she wanted to be an actor, her mother, Mimi Styne — who founded her own eponymously named residential brokerage in 1975 — told her to get … [more]

Inside the gates
of Hidden Hills

The exclusive San Fernando Valley enclave is having a moment, as it draws celebs looking for the value and privacy that Bel Air and Beverly Hills lack

You can’t play tennis at night in Hidden Hills — lights aren’t allowed. You … [more]

The luxe life

Retail apoca-what? LA’s luxury corridors are seeing skyrocketing rents and asking prices

Whether it’s the nine-digit property sales on Rodeo Drive or the “digital-meets-physical” experiences being created by tenants on Melrose Avenue, L.A.’s luxury retail corridors are hotbeds for high-profile activity that’s … [more]

The most important
players in i-sales

TRD’s ranking of trophy tower sales finds first-place brokerage, stalwart Eastdil Secured, losing some ground to Newmark Knight Frank

When an Eastdil Secured team was gearing up to market Pacific Corporate Towers, a three-building corporate office … [more]

LA's top real estate law firms

The county’s attorneys say that worries of a slowdown in the market are complicating deals, making for more work — and more demand — for legal experts

In an uncertain economic climate where every deal has become a complex matter, Los Angeles’ real estate lawyers are more in demand than ever as they … [more]

The rising stars of
commercial leasing

The agents set to take the field by storm cut their teeth in the post-recession years and are braced for the fast-paced competition of a bustling market

In office leasing today, being a successful broker requires nonstop … [more]

Buying 'cool'

With room rates rising, more hospitality players are looking to boost their LA key count with hip offerings — but the high price of entry makes it a tricky proposition

Ultra-hip, luxury lifestyle hotels in Los Angeles are battling it out for market share in a city where rooms can easily go for $700 a night. And there’s a new … [more]

SoCal status update

Developers are hustling to add to housing supply in the regions surrounding LA County, as commercial leasing remains healthy

Santa Barbara The county that was among the worst-ravaged in a string of forest fires and mudslides in the past year is continuing to rebuild. Mid-July saw the … [more]

Inland Empire’s
‘gigabit’ community

Developers hope the tech-forward Ontario Ranch will draw millennial buyers attracted to its affordability

As young Angelenos and Orange County residents priced out of their respective markets cast their eyes further and further afield in search of affordable … [more]

The Closing: Chris Rising

Chris Rising is co-founder and president of Rising Realty Partners, a real estate operator and investor based in Downtown Los Angeles. Since relaunching in late 2011, the firm has played … [more]

Editor's note:
The sage that sells

In times of uncertainty, cold, hard numbers are reassuringly straightforward. And as residential pros predict an imminent market correction and attorneys in our ranking of top real estate law firms … [more]