“Saw” creator makes $3M on sale of Hollywood Hills pad
A photo posted by James Wan (@creepypuppet) on Feb 25, 2016 at 12:21pm PST James Wan, the creator of the horror film “Saw,” has sold his Hollywood Hills home for $13 million, just two years after...
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Amid global volatility, Fed should proceed with caution with interest rate...
Janet Yellen From the New York site: Federal Reserve chair Janet Yellen said Tuesday the central bank should proceed with caution when raising its benchmark interest rate amid global uncertainty. At...
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As hotels fill West Hollywood pipeline, land sales lag
A rendering of the Sunset Time hotel project in West Hollywood (credit: Ehrlich Architects) West Hollywood land sales are in a slide. It’s a trend that was already well underway as 2015 drew to a...
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A look inside Rick Caruso’s Palisades Village project
Palisades Village in downtown Pacific Palisades (credit: Caruso Affiliated) Developer Rick Caruso is moving on his next big project in retail: a 116,000-square-foot complex dubbed Palisades Village in...
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Submarket Snapshot: Single-family homes in Beverlywood
A house listed by the Agency at 1537 Edris Drive in Beverlywood The 19 homes sold in Beverlywood in the fourth quarter traded for an average of $1.5 million, according to a report by the Agency. The...
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Current reader favorites: 1. The Altman brothers on foreign buyers, Kardashians 2. The demand for EB-5 visas is greater than ever 3. Jamison Services buys another property in Koreatown 4. Special...
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Rams closing in on 50K sf deal for new Agoura Hills HQ
(credit: feelthedurn.wordpress.com) The Rams may be charging towards Agoura Hills. The NFL team is close to inking a short-term deal for a 50,000-square-foot office space at 29899 Agoura Road for its...
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New building to join slew of residential projects near Echo Park
3414 East Manitou Avenue (credit: Westlake Housing) It looks like there won’t be a shortage of housing in and near Echo Park any time soon. Westlake Housing, a Texas-based firm specializing in housing...
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Vice VP buys Malibu house for $7 million
24142 Malibu Road (credit: Robb Report) These publishing magnates are tightening their vice like grip on L.A. Andrew Creighton, a vice president at the media company Vice, has purchased an oceanfront...
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Private real estate funds have a record $231B to spend — but few places to...
From the New York site: Private real estate funds have more money to spend than ever before, but that’s not necessarily good news for the real estate market. As of March, private real estate...
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CLG courts yuppies, “creative types” with new acquisitions
left: CLG chief executive Ken Kahan, right: 200 South Avenue 59 Even in L.A., the cool kids love to walk. Or at least that’s what development firm California Landmark Group (CLG) is counting on with...
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Submarket Snapshot: Single-family homes in Malibu
Malibu beach There were 45 homes that traded hands in Malibu in the fourth quarter, for an average price of $3.5 million, according to a report by the Agency. They sold at an average of $1,037 a...
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Current reader favorites: 1. A look inside Rick Caruso’s Palisades Village project 2. The Altman brothers on foreign buyers, Kardashians 3. As hotels fill West Hollywood pipeline, land sales lag 4....
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Echo Park residential project is back from the dead
(credit: Bond Companies) An Echo Park development that stalled after the last housing crisis is coming back to life. Bond Companies, a Chicago-based real estate firm, is turning the site at 330 N....
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Zaha Hadid, who curved skylines, dies at 65
Zaha Hadid (credit: (Credit: Angela Pham for BFA) UPDATED: March 31, 1:08 p.m.: Zaha Hadid, the Iraqi-British architect whose sinuous designs pushed the limits of building shapes, and who became the...
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Los Angeles Rams charge to CLU’s Thousand Oaks campus for training
The Rams will be training at California Lutheran University’s Thousand Oaks campus, the football team announced Wednesday. They will use the facility for two to five years, depending on when their...
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Starwood would face problems closing a deal with Anbang
From left: Starwood’s Thomas Mangas, the W Hotel and Anbang’s Wu Xiaohui From the New York site: If Anbang Insurance Group wins its bidding war for Starwood Hotels & Resorts, the hospitality firm...
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Bonnis Properties shells out $52M for Foreman & Clark Building
The Foreman & Clark Building Canada-based investment firm Bonnis Properties has purchased the famed the Foreman & Clark Building in Downtown Los Angeles for $52 million. The company plans to...
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DTLA land sales slim in 2016
A map of Shenglong’s planned development at 1233 South Grand Avenue in Downtown Los Angeles (credit: City Century) Downtown Los Angeles is coming off a banner year. In 2015, third quarter land sales...
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Leases are aplenty for Ratkovich’s Alhambra campus
(credit: P&R Architects) The Ratkovich Company is closer and closer to reaching full capacity at its 45-acre mixed-use campus at 1000 South Fremont Avenue in Downtown Alhambra. The development...
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