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Read the digital edition of TRD LA’s April issue
The complete digital edition of our April issue is live! Our latest magazine goes inside L.A.’s spec mansion development boom, ranks the brokers behind the latest mega-deals and features interviews...
View ArticleTRD’s top stories: Elliman to double new dev division in Cali, what’s behind...
Current reader favorites: 1. Sam Nazarian on LA’s hotel market and potential merger with Hakkasan Group 2. Douglas Elliman to double Cali new dev division, expand to San Francisco 3. Inside the spec...
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Squad goals: Among LA’s top agents, who are the team players?
A group of brokers attending a recent Nourmand & Associates open house at 704 North Bedford Drive modeled the latest technology in high-end real estate: virtual-reality house tours. From the April...
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Investor plans 98-unit apartment in NoHo
Site at 5531 Case Avenue Investor Dariush Hosseini wants to build a 98-unit apartment complex in North Hollywood, according to planning documents. Hosseini acquired the 0.7-acre parcel of land, at 5513...
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City may seek buyer for Arts District pickle works
1001 E 1st St (Google Maps) Los Angeles City Council is deciding whether it should sell the James K. Hill and Sons pickle works building at 1001 E. 1st Street in the Arts District. Officials plan to...
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As deadline nears, EB-5 bills start hitting lobbyists’ inboxes
From left: Sen. Patrick Leahy and Sen. Chuck Grassley From TRD New York: After months of close to no action, senators are finally updating their proposed reforms to the controversial EB-5 investor visa...
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A tale of two cities: LA rents stay strong, despite dip in San Francisco
Svenja Gudell and a rendering of an apartment on La Cienaga Boulevard The grass is always greener on the other side of the state. The contrast between how the rental market is performing in Southern...
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Demi Moore settles on $45M in sale of San Remo penthouse
Demi Moore, San Remo at 145-146 Central Park West From TRD New York: At long last actress Demi Moore has sold her triplex penthouse in the South Tower of the San Remo co-op on Central Park West. Moore...
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Movers & Shakers: Cushman poaches valuation team from Colliers, Colliers nabs...
From left: Richard Jue and John Nguyen The game of musical chairs at some of L.A.’s top brokerages continues. Cushman & Wakefield just poached a trio from Colliers to join its West Coast valuation...
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T-shirt maker moves into American Apparel’s former Hawthorne facility
AST Sportswear’s Hawthorne facility at 12537 Cerise Ave (Google Images) Brea-based apparel manufacturer AST Sportswear is taking over American Apparel’s former 95,000-square-foot Hawthorne facility....
View ArticleTRD’s top stories: LA’s office market slated for more growth, Los Angeles...
Current reader favorites: 1. Sam Nazarian on the LA hotel market and potential merger with Hakkasan Group 2. Inside the spec homes arms race 3. Douglas Elliman to double Cali new dev division, expand...
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Doing it his way
Rick Caruso From the April issue: The Grove offers the same skewed perception of reality as Disneyland. At both, you’ll find manicured landscaping and polished walkways, music playing from hidden...
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Mobile home operator buys Norwalk apartments for $69.5M
IMT managing director Michael Browne and the apartments at 11615 Firestone Boulevard Two limited partnerships linked to Kort & Scott Financial Group, an Anaheim-based mobile home developer,...
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Marilyn Monroe’s former Brentwood home asks $6.9M
Helena Drive home, Marilyn Monroe (Mercer Vine/Getty Images) Marilyn Monroe’s last home, tucked away on a cul-de-sac on Helena Drive behind a canopy of trees, is up for grabs. The property’s current...
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Construction in Trump’s crosshairs
The Pod Hotel in Williamsburg, whose developers imported modules from Poland. From TRD New York: When Synapse Development needed insulated windows for its 34-unit rental development at 542 West 153rd...
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Meet the Flipsters: Flannel-wearing hipsters are flipping homes in East L.A.
Generic hipsters and a horizontal fence Forget the hipster. In La La Land, the “flipster” is all the rage these days, according to the Los Angeles Times. Millennial house flippers are making a mark in...
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Barry Sternlicht’s Starwood Capital is eyeing CIM’s James Hotel: sources
Barry Sternlicht (credit: Getty) and a rendering of the James Hotel It’s yet to open, but it’s already on the block. CIM Group is close to a deal to sell the 286-room James hotel on the southeast...
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Blackstone reveals cash reserves of $32.2B for RE investments
Blackstone CEO Stephen Schwartzman (Getty Images) Thanks in part to some major real estate sales, the Blackstone Group has $32.2 billion in dry power to invest in global real estate. That allocation...
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St. Louis-based developer behind plan for 88-room WeHo hotel
Lewis Wolff and the facility at 12311 Santa Monica Boulevard The WeHo hotel boom shows no signs of slowing. An entity connected to St. Louis-based real estate developer Lewis Wolff filed plans to build...
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One-time home of Marlene Dietrich wants $6.5M
Birchwood Drive home, Marlene Dietrich (MLS/Getty Images) A Spanish Colonial home once owned by actress Marlene Dietrich and other old Hollywood types has hit the market with an asking price of $6.49...
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