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Reality star or real estate mogul? Kylie Jenner rumored to close sale of...
Kylie Jenner, Calabasas home (Getty Images/MLS) Lipstick queen Kylie Jenner of the Kardashian clan is nearing a deal to sell her Calabasas home on Prado De Oro. The social media influencer and founder...
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Aecom is acquiring Shimmick Construction for $175M
Michael Burke, Inglewood stadium construction site (Aecom/Google Maps) With billions of dollars in transit developments approved across the state, Aecom is looking to claim a larger share of...
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Meet the YIMBYs: Can tech bros change California’s housing policies?
Microsoft exec Nat Friedman and Pantheon CEO Zack Rosen Watch out, NIMBYs: The YIMBYs are coming for you, and they know how to code. A group of tech executives from the likes of Microsoft and Yelp are...
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Wanda Group to sell hotels, tourism projects and land to Sunac for $9.3B
Rendering of One Beverly Hills, Wang Jianlin (Wanda Group/Getty Images) Wang Jianlin, the founder of Wanda Group, once said he would create a tourism empire so big it would eclipse Walt Disney Co. But...
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Sherman Oaks landlord plans 129-unit complex in West LA
Rendering of the project at 11460 W. Gateway Boulevard (Credit: LA City) Moss and Company, a Sherman Oaks-based property management firm, is planning to build a 129-unit apartment complex in West Los...
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Donald Bolin lists Bel Air spec mansion for $100M
10979 Chalon Rd (MLS) Yet another spec palace in Bel Air has joined the $100 million dollar club. A 31,000-square-foot mansion by developer Donald Bolin of Bolin Development hit the market last week...
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Priciest home listings in LA last week
Priciest listings (MLS) The difference between the priciest listing last week and the second priciest? A mere $83.5 million. After four months without a $100 million-plus home listing, Donald Bolin...
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Why Redfin’s IPO matters so much to other real estate tech companies
CEO of Redfin Glenn Kelman When it launched in 2004, online real estate brokerage Redfin blazed a trail for companies such as Findwell, Compass, TripleMint, ZipRealty and LG Fairmont. But while it’s...
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Sonny Astani sells Westlake apartments for $83.1M
Sonny Astani and a rendering of the apartments at 1515 Wilshire Boulevard (Credit: USC, HotPads) UPDATED, 2:40 p.m., July 11: Beverly Hills-based developer Sonny Astani sold his brand new Westlake...
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Developer David Wilstein dies at 89
David Wilstein and his wife, Susan (Credit: Eyaht.info) Developer David Wilstein, founder and president one of Los Angeles’ oldest and largest commercial real estate development firms, died Sunday aged...
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Los Angeles will host the Olympics again
Opening ceremony of 1984 Olympics at Los Angeles Coliseum (Getty Images) It’s official: Los Angeles will host the Olympics, but it’s unclear if it will be in 2024 or 2028. In an unusual move, the...
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WeWork is now worth more than Vornado, Boston Properties
From left: 666 Fifth Avenue, Adam Neumann and the GM Building (Getty Images) From TRD New York: WeWork is now worth more than real estate investment trusts like Boston Properties and Vornado Realty...
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Sammy Davis Jr.’s former house, redeveloped by Jason Oppenheim, lists for $8M
Sammy Davis Jr. and the home at 8842 Evanview Drive (Credit: Getty, Daniel Dahler and Nate Williams, via Oppenheim Group) It’s not sprinkled with dew or covered in chocolate, but if you want live like...
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Today in Microfilings: Haroni wants to build in Westlake, small lots planned...
The sites at 6136 Romaine Street and 2683 San Marino Street (Credit: Google Earth) Remember, size isn’t everything. In TRD’s regular look at microfilings, we explore some of the smaller L.A. projects...
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Lease consultants get a boost in business as retailers struggle
PacSun Santa Monica, Gregory Apter (Getty Images/Hilco) Consultants are cashing in as they help retailers cash out. Real estate is typically the second-biggest cost for a retailer — after payroll — and...
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Data advances are putting RE appraiser jobs under threat
Zillow’s “Zestimate” feature From TRD New York: Real estate appraisers — the people who value homes before a bank hands out a mortgage — could be in danger of having their jobs wiped out by...
View ArticleTRD‘s top stories: Redfin’s IPO, YIMBY tech bros …& more
1. Why Redfin’s IPO matters so much to other real estate tech companies 2. Meet the YIMBYs: Can tech bros change California’s housing policies? 3. Donald Bolin lists Bel Air spec mansion for $100M 4....
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Dutch coworking firm Spaces inks 51K sf deal at Row DTLA
Rendering of the project at 777 S. Alameda Street (Credit: Runyon Group) UPDATED, 3:15 p.m., July 12: The Row DTLA is getting its tenants in row. Spaces, a Dutch coworking firm owned by IWG, inked a...
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Meet China’s most indebted developer
Sun Hongbin From TRD New York: China’s latest economic regulations are aimed at reducing the high-volume accumulation of risky business ventures, as well as cut off the pipeline of cash between Chinese...
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Katy Perry quietly shops two-home compound in the Hollywood Hills for $15M
Katy Perry and her Los Feliz convent (Credit: Getty, Google Earth) Now that Katy Perry has triumphed over the nuns in her quest to buy a Los Feliz convent, it seems she no longer needs her compound in...
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