The Real Deal Los Angeles

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LAX Consolidated Rent-a-Car facility agreement gets nod from airport officials

October 22, 2018 11:15AM

The Los Angeles International Airport entered into a $2 billion contract with a group of 11 companies to develop and operate a car rental facility there. The agreement comes...
Blackstone gave Saudi sovereign wealth fund discounts to invest in record $40B infrastructure fund

October 22, 2018 10:30AM

TRD NATIONAL

Saudi Arabia’s sovereign wealth fund received discounts from the Blackstone Group last year when it pledged $20 billion for the private equity firm’s record...
Koreatown landlord settles lawsuit alleging it forced out rent-controlled tenants

October 22, 2018 10:00AM

Two years ago, tenants in five rent-controlled Koreatown buildings filed a federal lawsuit against the landlord, Optimus Properties LLC, charging it pressured Latino and mentally disabled residents to leave...
Does going green net you more green when selling your home?

By Kenneth R. Harney | October 22, 2018 09:30AM

If you make extensive energy-conservation and other green improvements to your home, will they earn you a premium price for the entire house when you go to sell? For...
Elon Musk’s latest Twitter prediction: LA loop tunnel project to open soon

October 22, 2018 09:00AM

Elon Musk is back in the news on one of his favorite places: Twitter. The billionaire entrepreneur tweeted out an announcement Sunday, saying his Boring Company will open its...
There’s gold in them zones: How Opportunity Zones could impact real estate

By Francisco Alvarado | October 22, 2018 08:00AM

TRD SUBSCRIBERS

At 9800 Grape Street in the Watts neighborhood of southern Los Angeles, gone are the low-rise complexes that were...
Why a luxury developer is now building “affordable” prefab homes by famous architects, designers

October 21, 2018 04:00PM

TRD NEW YORK

Developer Robbie Antonio, 41, is forging a new path for prefabricated construction with his three-year-old startup, Revolution Precrafted. During a visit to New York...
Blackstone’s Stephen Schwarzman discusses Jamal Khashoggi in Q3 earnings call

October 21, 2018 02:00PM

TRD NATIONAL

Blackstone’s CEO and chairman Steve Schwarzman spoke about dissident journalist Jamal Khashoggi during an earnings call last week. The...
Bridge Investment targets $500M in Opportunity Zone possibilities

By Keith Larsen | October 21, 2018 12:00PM

TRD MIAMI

A $12 billion real estate investment and management firm is the latest player looking to capitalize on the Opportunity...

Inside The Current Issue

There’s gold in them zones

Election Day face-off

The sell of the party

Too big to fail or just too big?

The ‘perceived risk’ factor

The Closing: Stephen Kotler

Here are the best and worst places to try buying a home if you’re single

October 21, 2018 09:00AM

TRD NATIONAL

If you’re single and looking for a home, Edison, New Jersey is the place to be. Edison topped a...
St. Louis luxury realtor fired after barring black man from his own home

October 20, 2018 04:00PM

TRD NATIONAL

A St. Louis-based luxury apartment brokerage fired one of its employees after she was recorded physically blocking a black...
Move over, Masa: Century-old estate hopes to best Softbank chief’s record buy

October 20, 2018 12:00PM

A historic estate is seeking to break the record for the priciest sale in the Bay Area. The 74-acre property was purchased over a century ago by businessman Mortimer...
LA business owners hope “LeBron effect” will be a slam dunk for their bottom lines

October 20, 2018 09:00AM

TRD NATIONAL

UPDATED, October 20, 9:43 a.m.: As LeBron James kicks off his first season as a Los Angeles Laker, bar...
This week in celeb real estate: A Hollywood scion’s manse lists for $125M, Drake nabs Hidden Hills home… and more

By Natalie Hoberman | October 19, 2018 05:00PM

There was an onslaught of new listings this week, ranging from $4 million all the up…to $125 million. A Hollywood scion, who is grandson to late-great powerhouse agent Lew...
Editor’s note: Land of Opportunity?

By Heidi Palatano | October 19, 2018 04:30PM

TRD SUBSCRIBERS

To riff on a famous saying: When capital controls close one door, somewhere the government opens a window. That’s what may be happening with the new federal Opportunity Zones program, created at a time...

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Residential

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The Real Deal Los Angeles