Real Estate Industry News

Weight loss guru Jenny Craig has sold her Del Mar compound for $22 million. Also: Pierce Brosnan has bought a Santa Monica cottage; Dr. Dre has sold his longtime Woodland Hills home; and Chargers great Antonio…

Home of the Week: Sherman Oaks home was once a Disney animator’s magic kingdom

In Sherman Oaks, a John Lautner- and James Charlton-designed home built for Disney animator and Mickey Mouse co-creator Ub E. Iwerks is for sale at $2.279 million. …

Retire Rich With REITs

In a 25-year period ending in January 2019, REITs returned 10.3%… a full percentage point higher than the larger S&P 500. …

Hot Property Newsletter: Even celebs learn hard real estate lessons

Talk-show host Ellen DeGeneres, baseball star turned analyst Alex Rodriguez and weight-loss guru Jenny Craig are among recent home sellers who got schooled. …

Alicia Keys emerges as buyer of La Jolla’s striking Razor House

Alicia Keys has shelled out $20.8 million for La Jolla’s Razor House, which is the priciest sale the coastal community has seen this year. …

Ellen DeGeneres and Portia de Rossi unload an investment property in Westlake Village

Ellen DeGeneres and Portia de Rossi have sold their two-story townhouse in Westlake Village for $980,000. …

Kanye West Reportedly Purchases $14 Million Wyoming ‘Monster Lake Ranch’

The property includes two lakes, a restaurant and event facilities. …

WeWork Considers Cutting Its Share Offering By Half, No Word Yet On Delaying Anticipated IPO

The real estate startup that has enjoyed enviable growth in less than a decade could be worth much less than its January valuation of $47 billion. …

‘Girls’ star Zosia Mamet brings Upper West Side co-op to market in Manhattan

In Manhattan, ‘Girls’ star Zosia Mamet and her husband, actor Evan Jonigkeit, are asking $1.295 million for their Upper West End co-op near the Hudson River. …

Vintage SoCal: A quintessential Craftsman in Pasadena’s Historic Highlands

The 1909 kit-built home in the Historic Highlands area of Pasadena is listed for sale at $1.185 million. …

Here’s How Much Homeowners Can Make Off The College Football Craze (It’s A Lot)

With 47 million football fans attending games every year, savvy homeowners in college towns can make a lot of money renting their homes – sometimes as much as a month’s worth of rent. …

Whitney Cummings asks $2 million for architectural abode in Studio City

In Studio City, comedian-actress Whitney Cummings is asking $2 million for her architectural retreat of eight years. …

Trump Administration Proposes Privatizing Fannie Mae and Freddie Mac

The plan’s goal is to “promote private sector competition in the housing finance system.” …

Trump Administration Wants To Privatize Fannie Mae and Freddie Mac

The plan’s goal is to “promote private sector competition in the housing finance system.” …

Why iBuyers Make The NYC Agent Indispensable, Not Obsolete

It came up during a larger conversation about technology in the residential real estate business and its potential to disintermediate the broker and make them obsolete. …

How iBuying Proves The NYC Broker Indispensable

It came up during a larger conversation about technology in the residential real estate business and its potential to disintermediate the broker and make them obsolete. …

Tom Arnold gives Beverly Hills home sale another go

Tom Arnold and his ex-wife, Ashley Groussman, have listed their marital home in the Beverly Hills Post Office area for sale again at $3.299 million. …

NFL star Antonio Gates lists modern Encino mansion for $7.25 million

Former L.A. Chargers star Antonio Gates has listed his 8,500-square-foot home in Encino for sale at $7.249 million. …

Opportunity Zones May Someday Help Poor Communities. They Already Are A Tax Shelter For High-Income Investors