Kari Hamanaka

Los Angeles

Los Angeles Reporter at The Real Deal (Los Angeles)

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Articles

Nevada brokerage IS Luxury throws open doors to Newport Beach office

1 week ago | therealdeal.com | Kari Hamanaka

In Los Angeles’ ultra-competitive high-end residential market, a new contender wants to be the next boutique upstart. Nevada-based IS Luxury has opened the doors to a Newport Beach office in the coastal city’s tony Fashion Island shopping center owned by the Irvine Company. The 11-agent roster is overseen by executive sales manager Christi Carrillo, who resigned from her role in Douglas Elliman’s Newport Beach office in October.
West Coast watches, waits for trade wars’ impact on building, deals

1 week ago | therealdeal.com | Kari Hamanaka

Los Angeles real estate is facing a new unknown amid the trade wars set off by President Donald Trump’s tariffs. The hand-wringing comes at a fragile time for Los Angeles County, which is on the cusp of a massive, multi-year rebuilding effort from January’s Palisades and Eaton fires.
Corona del Mar resi market sees another record: “people pay for perfect”

1 week ago | therealdeal.com | Kari Hamanaka

Another residential record hit the Corona del Mar market Friday. That’s when 1615 Bayadere Terrace in Corona del Mar sold for just under $20 million. The deal marks the Irvine Terrace community’s priciest-ever sale, according to Christie’s International Real Estate Southern California’s Casey Lesher. The veteran OC luxury agent represented sellers David P. Collins and his daughter Jennifer Stewart in the deal, while the buyer was represented by Kidder Group Real Estate in Newport Beach.
How 2 real estate agents built high-end business thru Instagram DMs

1 week ago | therealdeal.com | Kari Hamanaka

Agents Weston Littlefield and Alex Howe didn’t grow up in L.A. Making inroads into the high-end residential market came one Instagram direct message at a time. How agents are using social media to generate leads and close deals isn’t exactly new. That the duo behind the Weston James Group at Christie’s International Real Estate Southern California has predominantly relied on digital channels to amass a client list of executives, influencers and other high-profile buyers and sellers is unique.
Late BCBG founder’s Holmby Hills manse tops last week’s LA contracts

2 weeks ago | therealdeal.com | Kari Hamanaka

The Azria Estate, which was most recently listed for $39 million, led the pack of Los Angeles County homes that went into contract last week. Douglas Elliman’s Eklund Gomes team said in its weekly roundup the Holmby Hills mansion owned by fashion designer Lubov Azria and her late husband and BCBG founder Max Azria was last week’s largest home under contract within the county based on listing price.
Round 1 signs 19K sf deal for 8 Asian restaurants in WeHo

2 weeks ago | therealdeal.com | Kari Hamanaka

A multi-restaurant Asian concept will open the doors to its first Los Angeles location this year, with the inking of a lease at The Now mixed-use property in West Hollywood. Round 1 Delicious has taken 19,300 square feet at The Now, which sits at 8497 West Sunset Boulevard. Financial terms of the deal were not disclosed. The restaurant concept is expected to open this year, but a CBRE spokesperson was unable to specify more precise timing.
Movers: Christie’s International Real Estate SoCal makes Pasadena gains

2 weeks ago | therealdeal.com | Kari Hamanaka

Douglas Elliman’s Pasadena office closure has led to another get for Aaron Kirman’s Christie’s International Real Estate Southern California. The brokerage said it added Rex and Peter Owens, a father-son team previously with Elliman that will further bolster Christie’s International Real Estate Southern California’s growing San Gabriel Valley presence.
Josh Flagg accuses former Douglas Elliman boss of invasion of privacy

2 weeks ago | therealdeal.com | Kari Hamanaka

Attorneys for “Million Dollar Listing Los Angeles” star Josh Flagg said new information in an alleged hacking suit turned up sufficient evidence to name Douglas Elliman’s former Western region CEO as a defendant. When Flagg filed the lawsuit last July, the identity of who was behind an email account that allegedly accessed the agent’s private information was unknown.
LA Agents Talk Hollywood’s Impact on Residential Dealmaking

3 weeks ago | therealdeal.com | Kari Hamanaka

The Agency’s Craig Knizek used to produce “Mad About You.” Now, the 20-year film and TV veteran produces spec developments through his firm Prescott Properties. If anyone can take the skills used in Hollywood and apply them to real estate, it’s Knizek, who was also “The Simpsons” original associate producer and counts a who’s who of Hollywood making up his client base.
New Santa Monica Place management wants to bring “great brands” back

3 weeks ago | therealdeal.com | Kari Hamanaka

Santa Monica Place’s new property manager wants to breathe new life into the ailing mall, after Macerich defaulted on a $300 million loan tied to the property last year. Prism Places said Thursday the court-appointed receiver for the Santa Monica open-air shopping center, Trigild, named Prism Places to manage the 527,000-square-foot property. Trigild recently took over the mall after Macerich defaulted on its Wells Fargo loan last year.