July 2019 Issue

Drama at The Agency

With founders under fire and big agent departures, what’s the brokerage’s next move?

When Leonard Rabinowitz and Jack Friedkin left the Agency in September to join Hilton & Hyland, and Jay Harris took the same route two months later, the moves didn’t raise many eyebrows. Rabinowitz and Friedkin had been at the Agency four years, and Harris seven, but jumping ship has become more common in an era of brokerage consolidation. But then Danny Brown, a partner at the time, left in December, … [more]

The art in the deal

With the LA’s priciest homes languishing on the market ever longer, sellers and spec home developers turn to an elevated level of art and furniture staging to differentiate their listings — but how often does that sell the home?

If you happened to walk into … [more]

Day in the life of: Tami Halton Pardee

The founder of Halton Pardee + Partners on connecting with nature, getting employees to give one-word status updates and her standing lunch order

Tami Halton Pardee may be known as the “Queen of Venice,” but she just … [more]

Putting proptech to work

The turbocharged field of real estate software development has scored $13 billion in investment so far this year — but which new products actually help industry professionals on the ground? Local experts weigh in

If there was any doubt that … [more]

Deals in the O-zones

The biggest recent commercial trades within LA’s Opportunity Zones show that prices are going up, up, up as investors finally begin to capitalize on the federal tax incentive program

The rubber is finally hitting the road in Los Angeles’ Opportunity Zones. … [more]

Malibu rising

The coastal city is building fireproofed homes months after one of the largest wildfires in Los Angeles history, while 7-digit closing prices remain the norm

California’s wildfire season traditionally starts in midsummer and ends in early fall, but it may soon last much … [more]

LA’s hired guns

With a rush of development and a byzantine zoning system, developers are throwing serious cash at lobbyists to ensure their projects get the green light

Working behind the scenes of almost every development project — both large and small — in the city of Los Angeles, … [more]

‘Next stop, West Adams’

Reinvigorated by the Expo Line expansion, Opportunity Zones and spillover from neighboring tech hot spots like Culver City, West Adams is ‘the future more than any other place in the market,’ investors say

In life, everything is cyclical. … [more]

SoCal cruises along

Despite a harrowing earthquake in San Bernadino, the counties outside of LA are seeing resi prices largely hold steady while commercial development blooms

San Diego County Developers were likely popping bottles in Chula Vista, which, after a two-decade-long approval … [more]

Seaside secure in Santa Barbara

As buyers seek out the beauty — and perceived safety — of shoreside homes, brokers compete to rep the limited number of listings for them

Those looking for their second (or third or fourth) homes in Santa Barbara … [more]

The Closing: Brendan Wallace

The Fifth Wall co-founder on the venture capital firm’s new $503 million tech fund and how he got the biggest players

Brendan Wallace has been everywhere these days. The co-founder and managing partner of Fifth Wall Ventures — a venture capital fund focused on … [more]

The Real Deal LA’s summer issue is live!

Known for its super slick marketing campaigns, uber-luxury listings and reality TV-famous co-founder (Mauricio Umansky — whose wife, Kyle Richards, stars on Bravo’s “The Real Housewives of Beverly Hills”), The Agency has a polarizing presence on the resi playing … [more]