West Hollywood Condo Sells for  Million

West Hollywood Condo Sells for $36 Million

A penthouse unit at West Hollywood’s Sierra Towers set the mark for priciest condo sale of the year — and then some. The $36 million deal that closed on Tuesday also came... Read more »
LA Condo Property Sells to Its Original Developer

LA Condo Property Sells to Its Original Developer

Marcus & Millichap closed the sale of 11925 Kling St., a 48-condominium property in the Valley Village neighborhood of Los Angeles. The condominiums sold for an average price of $331,250 each. Tony Azzi and Rabbie Banafsheha of the Azzi Group at Marcus... Read more »
A .6 Million Condo … for Your Car? Only in Las Vegas

A $1.6 Million Condo … for Your Car? Only in Las Vegas

Luxury show garages have become a must-have among wealthy, high-profile car enthusiasts, including Sultan of Brunei, Ralph Lauren, Jerry Seinfeld, Jay Leno, and Adam Carolla. Even those who reside not in luxury... Read more »
New California law aims to trigger condo construction boom for transit commuters

New California law aims to trigger condo construction boom for transit commuters

A new state law that allows denser housing development near major transit stops goes into effect in July, opening the door to construction of more than 1 million new units in California’s... Read more »
Ariel Arranges Condo Construction Loans in Brooklyn, Queens

Ariel Arranges Condo Construction Loans in Brooklyn, Queens

The Capital Services Group of Ariel Property Advisors recently closed three loans from private lenders totaling more than $17 million to finance condominium construction projects in Brooklyn and Queens. An Ariel team led by... Read more »
Family Office Collective Teams with Delshah, A.M. Properties on Midtown Office Condo

Family Office Collective Teams with Delshah, A.M. Properties on Midtown Office Condo

REALM, in partnership with Delshah Capital and A.M. Properties, has acquired CitySpire, a 377,000-square-foot office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown Manhattan. Purchased at an 8.5% cap rate,... Read more »
Aaron Kirman Talks Privé Malibu, Los Angeles Condo Market

Aaron Kirman Talks Privé Malibu, Los Angeles Condo Market

Aaron Kirman’s Christie’s International Real Estate Southern California is testing the breadth of demand for coastal condo living, with the brokerage zeroing in on locals previously priced out of the market and... Read more »
Wynwood’s Answer to Miami’s 400% Condo Markups

Wynwood’s Answer to Miami’s 400% Condo Markups

In a city where new construction could come with a hefty 400% markup compared with existing homes, one developer is betting on “attainable luxury” with a musical twist. The Rider is bringing... Read more »
Condo Prices Fall by Biggest Amount in 14 Years

Condo Prices Fall by Biggest Amount in 14 Years

Condominiums in Southern California, long regarded as an entry-level housing play, are becoming within reach for more residents.  Condo prices across the region fell 6 percent year-over-year in February to a median... Read more »
Turnkey Intracoastal Condo with Panoramic Views in North Palm Beach

Turnkey Intracoastal Condo with Panoramic Views in North Palm Beach

Perched on the 5th floor of Seamark in North Palm Beach, 507 Golfview Road #503 offers a rare opportunity to own a furnished waterfront residence with some of the most compelling intracoastal... Read more »