LA-based Strategic Housing Partners plans to spend $500M on rental properties

LA-based Strategic Housing Partners plans to spend $500M on rental properties JV firm already invested $300 million since launching last year July 18, 2017 05:30PM Steven Ludwig, co-founder of Coastline Real Estate (credit: Steven Ludwig) Strategic Housing Partners is on a shopping spree. The El Segundo-based joint venture between Coastline Capital Partners in El Segundo […]

Buy your tickets to The Real Deal’s debut California real estate event

Tickets are now on sale for The Real Deal’s first-ever California Real Estate Showcase and Forum on Thursday, Sept. 14! Click to purchase tickets Our two panels, featuring some of the biggest names in L.A. real estate, will dive into into the city’s residential scene — from single-family pads to spec homes to the hottest DTLA condos […]

Sold out from under them? SAFE buys land underneath DLJ and Clarett’s Eastown development for $142M

Sold out from under them? SAFE buys land underneath DLJ and Clarett’s Eastown development for $142M The second phase of the roughly $450M project is nearing completion By Hannah Miet and Cathaleen Chen | July 17, 2017 05:45PM Eastown apartments at 6201 Hollywood Boulevard and SAFE’s Jay Sugarman (Credit: Morley Builders) Jay Sugarman’s Safety, Income […]

Developer Jia Long proposes 33-story tower in Koreatown

Rendering of 631 S. Vermont Ave (Los Angeles Planning Department) Lately, Koretown’s development pipeline is even more lit than its Line Hotel.  A subsidiary of Beijing-based real estate firm Jia Long Beijing filed plans Thursday for a 33-story high-rise that joins nearly 30 new buildings proposed in the area. The project, dubbed Wilshire Gate, at 631 S. Vermont Avenue […]

The makings of a Malibu record: Everything you need to know about Big Rock’s $50M deal with Scott Gillen

The property at 24108 Pacific Coast Highway and Hilton & Hyland’s Rodrigo Iglesias and Rick Hilton (Credit: MLS, Hilton & Hyland) Orchestrating a record-shattering land deal isn’t as simple as luck. For private equity firm Big Rock Partners, it took 12 years, two investment partners, eight entitlement approvals, three separate offers, and a $4 million […]

New earthquake maps could restrict development in some of LA’s priciest areas

Santa Monica apartment building after the 1994 Northridge earthquake (Getty Images) The Westside’s Brentwood neighborhood is seen as one of the safest in Los Angeles. But when it comes to Earthquake fault lines? Not so much. New draft maps show that fault lines run through some of the most expensive real estate markets, including Brentwood, the […]