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Hits and Misses for the Real Estate Week of Aug. 5-9

Hits and Misses for the Real Estate Week of Aug. 5-9

by Phil Hall | Aug 9, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

An office building that sold at a tremendous loss, a community of 3D printed homes and Gavin Newsom cleaning up Los Angeles. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 5-9. Miss: Who Wants to Buy a Cheap Office...
Marilyn Monroe’s Final Home Declared a Cultural Landmark

Marilyn Monroe’s Final Home Declared a Cultural Landmark

by Phil Hall | Jun 28, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Marilyn Monroe’s final home in the Brentwood section of Los Angeles is back in the news, with the Los Angeles City Council voting 12-0 to designate it with historical significance as a cultural landmark. Variety reported that while the new designation will not prevent...
Pee-wee’s Real-Life Playhouse Listed for $5 Million

Pee-wee’s Real-Life Playhouse Listed for $5 Million

by Phil Hall | May 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles home of Paul Reubens, the comic actor known for playing the zany character Pee-wee Herman in films and television, has been listed for $4.995 million. The Wall Street Journal reported that Reubens purchased the 1.4-acre property in 1985 for $415,000...
Kendrick Lamar Drops $40 Million for Los Angeles Estate

Kendrick Lamar Drops $40 Million for Los Angeles Estate

by Phil Hall | May 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rapper Kendrick Lamar has paused his public feud with music rival Drake to close on a $40 million estate in the Brentwood section of Los Angeles. The Wall Street Journal, citing unnamed “people familiar with the deal,” first reported the sale of the 0.84-acre...
AIDS Healthcare Foundation Cancels $27 Million Purchase of Six LA Properties

AIDS Healthcare Foundation Cancels $27 Million Purchase of Six LA Properties

by Phil Hall | Apr 26, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

AIDS Healthcare Foundation (AHF) announced that it notified the receiver for the Los Angeles-based Skid Row Housing Trust that it is not going through with its planned $27 million purchase of six distressed properties. “During the escrow due diligence process, AHF...
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