Fitness entrepreneur Suzanne Somers sells pair of Malibu properties for $12M
A photo posted by Suzanne Somers (@suzannesomers) on Feb 29, 2016 at 11:43am PST Actress and fitness guru Suzanne Somers recently sold a pair of oceanfront properties in Malibu for just over $12...
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“Shark Tank” shark sells West Hollywood condo for $4.2M
9255 Doheny Road (credit: Twitter, Sotheby’s) Live every week like it’s shark week? That motto seems to fit Canadian investor Robert Herjavec, who appears on the competitive TV series “Shark Tank,” and...
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Compass signs lease for 12K sf at Playhouse Plaza in Pasadena
Leah Sternberg of Compass and the Playhouse Plaza building at 680 East Colorado Boulevard in Pasadena Tech-focused real estate brokerage Compass just signed a lease for its newest Los Angeles office,...
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The little-known CMBS bill that could have a major impact on real estate
The Capitol building overlooking New York From the New York website: The real estate industry is keeping a close eye on Capitol Hill – and not just because the U.S. Senate is debating the future of the...
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Submarket Snapshot: Westwood’s office market in Q1 2016
Dan Emmett, chairman of Douglas Emmett and the property at 1100 Glendon Avenue in Westwood Westwood’s office market saw major activity in the first quarter, thanks to Santa Monica-based REIT Douglas...
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Current reader favorites: 1. Equity Residential buys Hollywood residential complex for $98M 2. GK Development buys former Benihana Beverly Hills for $20.5M 3. Long Beach Civic Center reaches $520M...
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Cypress Equities buys $250M stake in Burbank mall, plans redevelopment
201 East Magnolia Boulevard (credit: Google Earth) Cypress Equities has acquired a majority stake, or 1 million square feet, in the Burbank Town Center shopping plaza for $250 million and plans to pump...
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Stephen Schwarzman penning “business book”: report
Stephen Schwarzman (credit: Natalie White) From the New York site: Billionaire Blackstone Group chairman and CEO Stephen Schwarzman is looking to add another gig to his CV: ink-stained wretch. The...
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LA named 5th worst city for renters in the US
(credit: California Apartment Association) Renting in the City of Angels is getting pretty hellish. L.A. is the fifth worst U.S. city for renters in 2016, behind several markets in the Bay Area and New...
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Equity Residential has high hopes for LA rental growth
Equity Residential COO David Santee and Downtown L.A. Equity Residential’s top brass is feeling better than ever about the state of the L.A. rental market, thanks to strong supply and demand...
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Yet another creative office campus is in the works in Playa Vista
Rendering of the project planned for 1811-11821 Teale Street in Playa Vista (credit: Brentwood Capital Partners) Talk about deja vu. Yet another creative office campus is coming to Playa Vista. A trio...
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Here are LA’s 10 priciest commercial sales of Q1 2016
10940 and10960 Wilshire Boulevard (credit: Google Earth) Commercial sales may be slipping in the U.S., but L.A. has no shortage of big, glossy deals. In the first quarter of 2016 alone, there were...
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Residential prices have skyrocketed in Playa Vista
One of the homes in Brookfield’s recently-opened Marlowe development in Playa Vista (credit: Eric Figge) Playa Vista, a 1.3-square-mile planned community about a mile from the Pacific Ocean, has become...
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Submarket Snapshot: Greater DTLA office market in Q1 2016
Greater Downtown, a submarket that includes the Arts District, saw the lowest vacancy and the lowest rents out of all the Downtown submarkets in the first quarter of 2016, according to a report by...
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Critics chide Garcetti for plan to cut City Planning jobs
(credit: L.A. Mayor, Adam Janeiro) Los Angeles Mayor Eric Garcetti is in hot water with preservationists again for his alleged bias toward housing developers. This time, critics are bashing his...
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Fannie Mae gives “transactors” credit for good behavior
(Credit: Investopedia) Are you a “transactor” or a “revolver” when it comes to your credit? Terms like these never have mattered much to home buyers seeking a mortgage. You’ve probably never heard of...
View ArticleTommy Lee of Motley Crue lists Calabasas pad for $6M
A photo posted by TOMMY LEE (@mrtommyland) on Apr 7, 2016 at 7:10am PDT Home sweet home no more: Motley Crue’s Tommy Lee is selling his Calabasas residence for just under $6 million. Located in the...
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Hillary Clinton received more donations from L.A. real estate interests than...
Hillary Clinton, Aliza Guren and Tom Gilmore The Los Angeles real estate community is stumping for Hillary Clinton. The former Secretary of State is far and away the most popular presidential candidate...
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Pershing Square in DTLA is getting one of these four looks
SWA | Morphosis design Pershing Square is gearing up for a makeover — except, its outfit isn’t quite ready yet. Launched in September, the international contest for redesigning the widely despised...
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Interior designer Barbara Barry lists Beverly Hills home for $8M
Barbara Barry outside her Bowmont Drive estate (credit: Carswell Collection) Iconic interior designer Barbara Barry has listed her Beverly Hills home for $8 million, The Real Deal has learned. Her...
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