The Long View: Homeownership is a bedrock of Americana. Can renting ever...
How to tell if one has made it in America? See if they own a home. For decades, homeownership has been one of the cornerstones of the American dream, and the U.S. housing market was the envy of the...
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Developers win battle against Malibu’s anti-growth Measure R
Malibu Country Mart (Google Maps) Proponents of Measure R, an ordinance that would have limited chain stores in the city and forced major developments to be put to a public vote, hit a dead end...
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This week in celebrity real estate: Adam Levine dances into Holmby Hills...
Behati Prinsloo, Adam Levine and Alanis Morissette (Getty Images/MLS) Celebrities are busting out their best moves this week from musician Adam Levine dancing like Jagger in Holmby Hills to Basketball...
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The priciest home listings in LA last week
Priciest listings (MLS/Chad King) The two most popular playgrounds for the rich and famous – Beverly Hills and Malibu – were also home to the priciest listings in Los Angeles last week. Three of the...
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“The Hills” star lists yet another West Coast manse
Lauren Conrad via WIkipedia Reality television star and fashion designer Lauren Conrad is back at it. This time she is listing a 1950s Cape Cod-style house for $5 million. Back in 2013, Conrad — who is...
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LA hotels are trading at double the rate they did last year: report
The W Hollywood Los Angeles hotels are trading at twice the rate they did last year, thanks in part to the availability of financing and continued demand among buyers from China. In L.A. County, 26...
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More than 50% of poor LA households live in deficient or unaffordable...
A homeless man on Skid Row (Credit: Getty) Los Angeles tops the list of U.S. cities where the highest percentage of poor citizens live in substandard housing, unaffordable housing or both, according to...
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National Cheat Sheet: Facebook launches ad product to compete with Zillow,...
Clockwise from top left: Facebook’s Mark Zuckerberg, Jonathan Gray of Blackstone and Barry Sternlicht of Starwood, construction work in Ohio. Facebook debuts advertising service for brokers that...
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Franchise king Ralph Cimmarusti lists Malibu palace for $10.5M
Home on Murphy Way (MLS) The home of Burger King franchisee Ralph Cimmarusti and wife, Shari — which sits on more than 11 acres in Malibu — is quite a whopper. Located near Escondido Canyon Park, the...
View ArticleKeep your eyes peeled for TRD Miami’s next issue, coming this September
The Real Deal South Florida is pleased to announce the publication of our fall issue, which is set to hit newsstands this September! The fall issue is packed with the most important industry news and...
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Median sale price of condos and co-ops climbs in LA: MLS
Market climate map (MLS) As home prices increase in Los Angeles, the condominium market is heating up, according to an MLS report released last week that tracked median sale prices for condos and...
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CIM, Lincoln Property go head-to-head for Lincoln Heights Jail redevelopment...
Lincoln Heights Jail near L.A. River (Creative Commons) Three contestants are lining up to win the prize of redeveloping the former Lincoln Heights Jail at 421 N. Avenue 19, which abuts the Los Angeles...
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How will retail bankruptcies impact CMBS and REITs?
Retail vacancies (Credit: Loozrboy via Flickr) From TRD New York: Retailer bankruptcies are expected to only have a “limited” impact on CMBS loans and real estate investment trusts, according to...
View ArticleWATCH: Fly through the completed USC village mega-development
The $700-million USC Village project is finally complete, after three years of construction. The 1.2 million-square-foot complex, which replaced a slew of low-rise buildings, comprises seven...
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A retail CEO is selling his enormous Beverly Hills ‘palace’ for $80 million
A new mansion has just hit the market in Beverly Hills. At $80 million, it’s one of the most expensive houses on the market in the U.S. With 28,000 square feet of space, it’s also one of the largest....
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LA County homeowners could receive up to $75k to house homeless
Los Angeles has almost 60,000 homeless people by May, 2017 (Getty Images) The L.A. Board of Supervisors is slated to vote Tuesday on a pilot program that would grant homeowners up to a $75,000 subsidy...
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Fannie and Freddie are quietly unloading more mortgage risk to bondholders
FHFA Director Melvin Watt From TRD New York: Fannie Mae and Freddie Mac have built a trillion-dollar business insuring mortgages. But increasingly they are doing something entirely different: selling...
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We’re less than one month away from TRD’s debut California event!
Tickets are on sale for The Real Deal’s first-ever California Real Estate Showcase and Forum on Thursday, Sept. 14! Click to purchase tickets Our two panels will dive into into the city’s residential...
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Developers file plans to turn Koreatown gas station into apartment complex
Gas station at 4000 W 6th St. (credit: Google Maps) Seo and Hyun Sook Whang filed plans last week to develop a six-story mixed-used project that would replace a gas station that now sits at the corner...
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Right to work: Co-working giants battle each other over moniker
WeWork’s Adam Neumann and UrWork’s Mao Daqing From TRD New York: WeWork is taking on UrWork in London, claiming the Chinese rival is infringing on its trademarks. The shared-workspace behemoth filed a...
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