Mohamed Hadid nearing plea deal in “starship enterprise” McMansion trial: report

Mohamed Hadid nearing plea deal in “starship enterprise” McMansion trial: report Real estate mogul will avoid jail time, according to City Attorney’s office April 26, 2017 05:00PM Mohamed Hadid and a rendering of the home at 901 Strada Vecchia Developer Mohamed Hadid and the Los Angeles City Attorney’s office appear to be close to a […]

LLCs, rejoice! Cohn and Mnuchin debut tax plan that would be amazing for landlords

LLCs, rejoice! Cohn and Mnuchin debut tax plan that would be amazing for landlords “Business rates” would come down from 35 percent to 15 percent, even for pass-through entities April 26, 2017 04:30PMBy Will Parker Gary Cohn, Steven Mnuchin (Getty Images) From TRD New York: The Trump administration unveiled its long-awaited tax reform plan on […]

NGKF hires Eric Lastition and Geoff Ludwig from Colliers, Phil Brodkin from Regus

NGKF hires Eric Lastition and Geoff Ludwig from Colliers, Phil Brodkin from Regus Poaching spree continues with leasing broker team and new managing director April 25, 2017 06:33PMBy Hannah Miet From left: Phil Brodkin, Eric Lastition and Geoff Ludwig (via NGKF) Newmark Grubb Knight Frank’s L.A. hiring frenzy does not appear to be slowing down. […]

Nicolas Berggruen forks out $40M for Edith Mayer Goetz estate in Holmby Hills

Nicolas Berggruen forks out $40M for Edith Mayer Goetz estate in Holmby Hills Seller Gary Wilson listed the property for $45M April 24, 2017 04:00PMBy Katherine Clarke Nicolas Berggruen and the Goetz estate The so-called formerly homeless billionaire has scored himself yet another L.A. home. Nicolas Berggruen, the notoriously nomadic investment titan who was once […]

China clamps down on trusts to cool housing sector

China clamps down on trusts to cool housing sector Banking regulator targets one of the last financing channels available to developers April 21, 2017 05:30PM Residential buildings in Beijing, China (Credit: Getty Images) From TRD New York: Chinese authorities looking to cool the country’s overheated housing market are now focusing on trust companies, which they […]