Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page at 9 a.m. and 4 p.m. PT. Please send any tips or deals to tips@therealdeal.com This page was last updated at 9 a.m. PT Actor William Powell’s former home in Beverly Hills (credit: Realtor.com) Beverly Hills villa […]
Long-suffering retailers took another serious beating in Q2
Leslie Wexner and Erik Nordstrom (Credit: Getty Images) Ahead of new tariffs on Chinese goods set to hit everything from tracksuits to ski gloves, second quarter earnings reports from big retailers have been a mixed bag. Affordable, big box and discount brands like Target fared relatively well, while sales from higher-end companies such as Victoria’s […]
Former members of Trump Doral may have to wait decades to get their deposits back
Donald Trump at Trump National Doral (Credit: Getty Images) Ex-members of Trump National Doral have been waiting to inch forward on the refund list at the Doral golf course and resort — and they may have to wait decades more. To move up on the list by one spot, four new members need to join […]
Industrialist David Koch dies at 79
David Koch, 740 Park Avenue and 110 East 76th Street (Credit: Getty Images, StreetEasy, Google Maps) David Koch — the billionaire industrialist who backed conservative politics — has died at age 79. With a net worth of $50.5 billion, the longtime New York resident was tied with his brother Charles as the 11th-richest person in […]
Weedmaps will stop promoting illegal pot shops, commercial cannabis redevelopment project gets big financing: Daily digest
Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page at 9 a.m. and 4 p.m. PT. Please send any tips or deals to tips@therealdeal.com This page was last updated at 9 a.m. PT Illegal pot shops are on the rise in L.A., and Weedmaps will stop […]
From cannery to cannabis: Oakland redevelopment project lands big loan
Green Sage founder Ken Greer , Lotus Property CEO Faisal Ashraf, and the Cannery on San Leandro Street A real estate investment firm scored a $55 million loan for its plan to redevelop a former fruit cannery in Oakland into a massive cannabis-focused facility, The Real Deal has learned. The loan ranks as one of […]