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Hilton launches $1B share buyback program
The Hilton Midtown at 1335 Sixth Avenue From the New York website: Hilton Worldwide Holdings announced it will buy back $1 billion in shares, as it moves forward with a reorganization of the business....
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Today in microfilings: Condos planned in Brentwood, hotel to rise in Venice…&...
Erwin Sokol’s Hotel Ewrin on Pacific Avenue and the site at 505 South Barrington Avenue Apparel maker-cum-developer Raymond Saviss is zoning in on Brentwood for his latest project. He filed plans for a...
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Stung by losses, Coldwell Banker parent Realogy vows to become “recruiting...
From left: Richard Smith, Charlie Young and Peter Sobeck From the New York website: After hemorrhaging agents in recent years, real estate behemoth Realogy vowed last year to regain its edge by...
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LA real estate exec wins $38M award over defamation scandal involving dead...
Office of Cohen Asset Management, Bradley Cohen (Google Maps/LinkedIn) A disgruntled former tenant allegedly turned his grievances with his landlord into a more than four year smear campaign involving...
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New York art collector plans 140 live-work units in Arts District
Adam Lindemann and his project site at 641 South Imperial Street (Credit: Getty, Google Earth) Looks like art collector Adam Lindemann is testing out a new hobby: real estate. But he won’t have to...
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Fight continues over future of Bob and Dolores Hope estate
Moorpark Street estate, Dolores and Bob Hope (John Aaroe Group/Getty Images) A tug of war continues between Linda Hope and Los Angeles City Council Member David Ryu over the 1939 Toluca Lake property...
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LA Planning Commission wants to charge an even broader range of developers...
The 95-unit Carver Apartments in DTLA (Credit: Getty) The Los Angeles City Planning Commission wholeheartedly embraced the affordable housing linkage fee ordinance in its hearing Thursday, amending the...
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NY resi brokers share their secrets to turning listings into sales
1060 Fifth Avenue #2B From the New York website: Why do some apartments linger while others breed bidding wars? Is the address of a building important, and what about the paint? In today’s market —...
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Rodeo Drive retail pioneer Herbert Fink dies at 93
Herbert Fink at former boutique Theodore (Getty Images) Herbert Fink, one of the first retailers to help launch Rodeo Drive into a high-end retail destination, died on February 18 at his home in Bel...
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Stop using our name: LA County Sheriffs to Measure S backers
The Yes on S mailers (Credit: L.A. Ethics Commission via Twitter) The Los Angeles County Sheriff’s Department is not happy about the latest pro-Measure S ad campaign. The department’s lawyers sent a...
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Developers plan to replace Valley auto shops with residential projects
7006 North Van Nuys Boulevard and 20126 West Sherman Way (Credit: Google Earth) Koreatown may have been the hottest multifamily submarket of 2016, but the San Fernando Valley is seeing its share of...
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SoftBank considering multi-billion dollar WeWork investment
Adam Neumann and Masayoshi Son From the New York website: Japanese telecom giant SoftBank is getting ready to invest more than $3 billion in WeWork, a deal that could value the shared-workspace...
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The priciest home listings in LA last week
Priciest listings (MLS) The Pacific Palisades home of the late television mogul Michael King was the priciest listing last week with an asking price of $38 million. However, it’s not the first time the...
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Private equity head Peter Nolan lists Manhattan Beach mansion for $23M
Pacific Avenue home, Peter Nolan (MLS/Nolan Capital Inc.) Peter Nolan, senior advisor at West L.A. private equity firm Leonard Green & Partners, is saying goodbye to the shores of Manhattan Beach....
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White House power player Jared Kushner is keeping parts of his real estate...
President Donald Trump and Jared Kushner (Credit: Getty Images) From the New York website: Jared Kushner, the president’s son-in-law and the heir to a family real estate empire, has emerged as perhaps...
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Lack of corporate headquarters could hurt Snap Inc.
Snap Inc.’s Market Street office, Evan Spiegel (Google Maps/Getty Images) The disappearing act might work for its users. But a lack of visibility could hurt Snap Inc., as the parent company of Snapchat...
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Merlone Geier buys land underneath retail plaza for $15M
Bradley Geier, co-founder of Merlone Geier, and the plaza at 345 South Lake Avenue Merlone Geier Partners finally set its foot on the ground — that is, the ground underneath its 131,000-square-foot...
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Britney Spears sells Thousand Oaks home for $7M
Britney Spears and the home on Stafford Road (Credit: DeviantArt, Zillow) She’s so lucky, she’s a star. But she may be cry, cry, cry-ing over the price cut she had to give her home in order to sell it....
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Cimarron Group founder Robert Farina sells Toluca Lake home for $5.9M
Toluca Lake Avenue home (MLS) Robert Farina shuttered his longtime Hollywood marketing and branding agency Cimarron Group four years ago. Now the former CEO is also packing up to leave his Toluca Lake...
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Private investor plans 127-unit complex in the Valley
The site, highlighted, at 23133 West Sherman Place A Beverly Hills private investor wants to build a 127-unit mixed-use residential building in the West Hills area of the San Fernando Valley. Mohammad...
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