The Real Deal Launches Los Angeles Newsroom - West Coast Coverage Part of Broad Expansion

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The Real Deal, the nation’s leading provider of real estate news and trends, announced the launch of their Los Angeles newsroom this week. The expansion to the West Coast, where construction spending in Downtown Los Angeles alone is the highest it has been in three decades, comes in response to proven demand for The Real Deal’s up-to-the minute real estate industry news and in depth reports in new markets.

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“Los Angeles is a market that’s long been under-covered and as more foreign and national investment floods L.A., we are thrilled to bring The Real Deal's signature mix of breaking news and in-depth analysis to the area.”

The Real Deal, the nation’s leading provider of real estate news and trends, announced the launch of their Los Angeles newsroom this week. This is the most recent move in the magazine’s expanding national and international initiatives. Hannah Miet, who joins The Real Deal from The Los Angeles Business Journal, will oversee coverage as TRD Los Angeles’ managing editor.

The expansion to the West Coast, where construction spending in Downtown Los Angeles alone is the highest it has been in three decades, comes in response to proven demand for The Real Deal’s up-to-the minute real estate industry news and in depth reports in new markets.

Already considered “the Bible” of New York real estate news, Meit joins The Real Deal at a time of explosive growth. The monthly magazine has a circulation of 128,000 and TheRealDeal.com currently garners more than 2.5 million visits per month with year-over-year visits up 40 percent in New York and 100 percent in South Florida. Content is available across multiple platforms, including a mobile app available to iPhone, iPad and Android users alike.

"The opening of a Los Angeles newsroom is a natural outgrowth of the dedicated readership and brand recognition we have built with The Real Deal in other leading markets," said The Real Deal owner and publisher Amir Korangy. “Los Angeles is a market that’s long been under-covered and as more foreign and national investment floods L.A., we are thrilled to bring The Real Deal's signature mix of breaking news and in-depth analysis to the area.”

“What’s happening in the Los Angeles real estate market right now is fascinating and unprecedented,” said Hannah Miet. “For the first time, Downtown is really shaping its skyline, and its personality. It's a very high stakes game and The Real Deal will be an invaluable resource as things continue to evolve throughout the many submarkets in Los Angeles County.”

Miet joins The Real Deal with broad experience as a journalist. In addition to leading real estate coverage for The Los Angeles Business Journal, her work has appeared in The New York Times, Newsweek, The Washington Post, Complex Magazine, The Times-Picayune and The Atlantic Wire, among other publications. Miet was born in Brooklyn and received her master's degree from the CUNY Graduate School of Journalism. She lives in Los Angeles' Echo Park neighborhood. 

Under the leadership of Korangy and editor-in-chief Stuart Elliott, The Real Deal has solidified itself as a media powerhouse with explosive growth in recent years across readership, online visits and pageviews and revenue. The Real Deal’s events in New York and Miami have become mandatory for the industry and attracted more than 12,000 attendees in 2015. The Real Deal expanded their popular events program to include an international showcase in 2015, producing the first ever dedicated U.S. Real Estate showcase in China. They plan on continuing the trend in 2016 with another show in Shanghai as well as in Toronto, in addition to a slew of domestic events.

Further emphasizing The Real Deal’s robust expansion, just two weeks ago they announced the acquisition of a prime 11,500-square-feet Hudson Yards office space, which they will be moving into in the spring. Along with the move, Korangy plans on hiring a dozen new employees, bringing the total to more than 70. The Real Deal also plans to expand their coverage in 2016 with the addition of several special issues in print, including a Long Island Market Report, a magazine devoted to the national retail market and a Los Angeles Market Report.

About The Real Deal

Since 2003, The Real Deal has been repeatedly recognized for its journalism prowess, receiving the Society of American Business Editors and Writers’ 2013 award for general excellence and awards from the National Association of Real Estate Editors for “Best Commercial Trade Magazine,” “Best Residential Trade Magazine,” and “Best Web Site Solely Devoted to Residential, Commercial or Financial Real Estate and/or Home Design.”

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Angela Trostle
AMWPR
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