Posts Tagged ‘Deal’
Office tea leaves: lease downtown, default on outskirts and half-price deal in Malibu
We had news from across the geographic spectrum of the Los Angeles office world, with significant deals ranging from downtown to its outskirts and all the way west to Malibu. And it wasn’t all distress, so let’s start with the good news. ...
Daiwa House deal adds Washington foothold as Trumark buys JK Monarch
Before Daiwa House Industry unveils its 8th Medium-Term Management Plan this May, the globally integrated real estate giant has already achieved – and possibly surpassed – the goals of its previous 10-year U.S. expansion plan. With ...
Fire-destroyed mobile home park seeks development deal, displacing residents
For months, former residents of the Pacific Palisades Bowl Mobile Estates have feared the uncommunicative owners of the property would seek to displace them in favor of a more lucrative development deal after the Palisades fire destroyed the r...
Compass-Anywhere Deal Becomes Reality For Resi Landscape
With the Compass and Anywhere Real Estate’s mega-merger closed months ahead of schedule, the residential industry is now in the wait-and-see phase for the ripple effects from the seismic deal. The earliest symptom so far is New York City’s...
Torrance Warehouse Sold to EQT Exeter in All-Cash Deal
A warehouse in Torrance has sold in a more than $50 million all-cash deal. EQT Exeter Real Estate Income Trust acquired a 76,007-square-foot warehouse for $51.5 million in a sale-leaseback transaction, Bisnow reported. The address for the prop...
Berkshire Hathaway HomeServices Inks Coldwell Franchise Deal
Anywhere Real Estate’s Coldwell Banker brand just expanded its Southern California presence in a big way.Coldwell Banker Real Estate said Tuesday it entered into a franchise agreement to bring Berkshire Hathaway HomeServices California Proper...
On Commission Splits, Redundancies in Compass-Anywhere Deal
Want a hot take on Compass’ $1.6 billion deal for Anywhere Real Estate that you haven’t already heard?Let’s start from the top and work our way down.An industry veteran in L.A.’s high end jumped a few steps forward to conjecture about t...
Behind Rithm Capital’s $1.6B Deal to Buy Paramount Group
Rithm Capital’s deal to buy Paramount Group for $1.6 billion came as a bit of a surprise.After bids from Blackstone, SL Green and Empire State Realty Trust, it was Rithm, a lesser-known but still deep-pocketed asset manager with a focus on mo...
