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Two mansions linked to Guggenheim’s Mark Walter are raising red flags and...
An alleged relationship between Mark Walter and Alexandra Court is concerning Guggenheim’s investors and employees. (LinkedIn/Ken Kistler, Malibu background) The purchase of two California mansions...
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Nordstrom Local opens on Melrose Place — without clothing racks
Photo illustration (Nordstrom, Inc.) The department store behind Nordstrom Rack is losing the rack. Nordstrom Local, a 3,000-square-foot shop on Melrose Place in Beverly Grove, is deviating from...
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Why Sam Zell and other big players are investing in emerging market RE
Sam Zell’s Equity International bought into Brazil, while Brookfield is preparing to sign a deal in India. (Victor Grigas, back/ Studio Scrivo, front) Over the last 18 months, investors like Sam Zell’s...
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Eye-catching circular hotel planned for Sunset Strip
Renderings of hotel, with Mark (left) and Arman Gabay (R&A Architecture & Design) The Charles Company filed plans to build a 19-story, 185-key hotel on the corner of Doheny and Sunset...
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Merced Theatre renovation stalls as costs soar
Property at 430 N. Main Street (Historic Los Angeles Theatres via Bill Counter) Three years after the project’s inception, the restoration of the Merced Theatre at 430 N. Main Street has been delayed...
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This New York startup is helping Angelenos relocate to the burbs
Porter Ranch community in San Fernando Valley (Getty) As available square footage shrinks and rents soar in Los Angeles, a new startup is helping families migrate outwards. Suburban Jungle, a New...
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28 by 28: Garcetti wants transportation projects to hurry up (legally)
Metro line with Mayor Eric Garcetti (Getty Images) 28 express tickets, please. Mayor Eric Garcetti announced a “28 by 28” initiative at the Metro Board of Directors meeting last week which he hopes...
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All guts, no glory: What it’s like to be a foot soldier on a “top agent” team
Star brokers such as Ryan Serhant and Fredrik Eklund employ an army of foot soldiers “I call Jordan our flight control tower. He is the oil in our machine. On top of that, he mans the calendars,...
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Malibu real estate just got a new selling point — life expectancy
Photo Illustration, Malibu (Getty Images/ Creative Commons) The life expectancy of a baby born in Los Angeles County in 2014 averages 82.1 years, a report by Social Science Research Council found. This...
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Office builders are thinking about Mars when they design new projects
From TRD New York: A happy and healthy workplace is a productive workplace, according to engineers, architects and scientists who are using academic research to build better office spaces. Planners...
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To build or not to build? Long Beach edition
Photo Illustration of Long Beach skyline (Getty Images/ Creative Commons) Long Beach residents showed up in herds at Whaley Park on Oct. 4 to voice their concerns about officials updating the Land Use...
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Kimco sells Canyon Square Plaza
Canyon Square Plaza (Cushman & Wakefield) Canyon Square Plaza, a shopping center spanning nearly 97,000 square feet on the corner of Soledad Canyon Road and Sierra Highway, sold to a private...
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Rutherford House in Beverly Hills seeks $40M
Property at Greenway Drive (Hilton & Hyland/Getty Images) “It will come to you, this love of the land…” The longtime home of Ann Rutherford and her second husband, producer and actor William Dozer,...
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Christie’s upcoming NYC brokerage has generated virtually no buzz. Here’s why...
Christie’s terminated its affiliation with Brown Harris Stevens in June and plans to open its own residential brokerage in New York City by the end of the year. From TRD New York: Nada. That’s exactly...
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Apple in talks to lease Hackman’s La Cienega Expo project: sources
Renderings of 5500 Jefferson (via 5500jefferson.com, Gensler) Apple may have found a home for its original-content division in West Los Angeles, The Real Deal has learned. The company is in talks to...
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Swedish House Mafia’s Steve Angello lists Hollywood Hills home
Property at Wonder View Drive, with Steve Angello (MLS/Getty) The DJ slash producer is looking for a new House. Steve Angello listed his Hollywood Hills pad, equipped with a full recording studio, for...
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Entertainment exec Frank Biondi Jr. wants $24M for his Brentwood home
Frank Biondi and Brentwood Estate (Credit: Getty) After nearly 20 years of residence, the industry veteran is calling “cut.” Hollywood veteran Frank Biondi Jr. listed his home on Rockingham Avenue in...
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Hallelujah! Churches are stepping up to fill vacant retail space
From TRD New York: Have you heard the one about the priest who walks into a vacant shopping center? As retail’s struggles continue across the country, landlords have started to expand the types of...
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Cost to rebuild homes damaged in wildfires could amount to $65B: report
Wildfires in Northern California (Credit: Getty) Nearly 172,000 homes in Napa Valley and Santa Rosa are in the line of fire in Northern California as wildfires continue to swarm the region, the Wall...
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Paulson, others could lose millions in Puerto Rico real estate bets
La Concha Renaissance San Juan Resort (Credit: Marriott) From TRD New York: Deep-pocketed investors like Paulson & Company, Lone Star Funds and the Blackstone Group pumped hundreds of millions of...
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