Los Angeles developer and MDLLA star reaches $7.5M settlement with SEC over fraud allegations

Los Angeles developer and MDLLA star reaches $7.5M settlement with SEC over fraud allegations Jay Belson reportedly defrauded investors of more than $2M August 16, 2017 05:00PM Jay Belson and one of the properties he has sold in Bel Air (credit: Jay Belson) Beverly Hills developer Jay Belson — who also lists his own properties […]

Real estate’s top players to join The Real Deal in Shanghai this November

Real estate’s top players to join The Real Deal in Shanghai this November Developers, architects, brokers and more industry pros to speak on panels August 16, 2017 04:00PM Top row, from left: Nick Mastroianni, Charles Bendit and Bentley Zhao; middle row, from left: Kobi Karp, Wendy Cai-Lee and Chris Wein; bottom row, from left: JD […]

Umbrella Hotel Group buys 216-key DoubleTree LAX for $54M: sources

Umbrella Hotel Group buys 216-key DoubleTree LAX for $54M: sources The sale closed at around $250,000 per key By Naiwen Tian | August 15, 2017 05:50PM DoubleTree by Hilton Hotel, El Segundo (credit: Hilton) Umbrella Hotel Group sealed a $54.1 million deal for the newly renovated DoubleTree by Hilton Hotel near Los Angeles International Airport, […]

Right to work: Co-working giants battle each other over moniker

Right to work: Co-working giants battle each other over moniker WeWork sues UrWork in UK over trademark infringement August 14, 2017 05:50PM WeWork’s Adam Neumann and UrWork’s Mao Daqing WeWork is taking on UrWork in London, claiming the Chinese rival is infringing on its trademarks. The shared-workspace behemoth filed a lawsuit in the U.K.’s High […]

CIM, Lincoln Property go head-to-head for Lincoln Heights Jail redevelopment project

CIM, Lincoln Property go head-to-head for Lincoln Heights Jail redevelopment project WORKS, a nonprofit, is the third contender August 14, 2017 06:00PM Lincoln Heights Jail near L.A. River (Creative Commons) Three contestants are lining up to win the prize of redeveloping the former Lincoln Heights Jail at 421 N. Avenue 19, which abuts the Los […]

This week in celebrity real estate: Adam Levine dances into Holmby Hills estate, Alanis gives a peace sign to Brentwood … and more

This week in celebrity real estate: Adam Levine dances into Holmby Hills estate, Alanis gives a peace sign to Brentwood … and more By Subrina Hudson | August 11, 2017 06:00PM Behati Prinsloo, Adam Levine and Alanis Morissette (Getty Images/MLS) Celebrities are busting out their best moves this week from musician Adam Levine dancing like Jagger in […]