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Coffee Bean relocating HQ to Baldwin Hills
The new Coffee Bean & Tea Leaf headquarters, at nearly 220,000 square feet, is slated for a vacant lot at 6000 W. Jefferson Blvd. (Credit: City of Los Angeles) Big plans have percolated for a new...
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Massive redevelopment in South LA continues with 135-unit resi complex
The Michaels Organization CEO Michael J. Levitt and the recently completed first phase of the Jordan Downs redevelopment The second phase of a massive redevelopment of the Jordan Downs public housing...
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Senators call for investigation into real estate money laundering law...
Chris Van Hollen and Sheldon Whitehouse(Credit: Ervins Strauhmanis via Flickr) The risk of money laundering in residential real estate is high. That’s according to two U.S. senators who are calling for...
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Beckhams score $33M for posh home in Beverly Hills
David and Victoria Beckham sold their Beverly Hills home for $33.1 million (Credit: Getty Images, iStock) Soccer champion David Beckham and former pop superstar Victoria Beckham are on the move. The...
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JLL hired to manage 275 former Toys “R” Us properties amid selloff
JLL Retail of Americas CEO Greg Maloney and a Toys “R” Us store (Credit: Getty Images and Wikipedia) Raider Hill Advisors has hired JLL to manage 275 former Toys “R” Us stores across the country as the...
View ArticleWATCH: TRD LA’s Commercial Showcase & Forum
Did you miss The Real Deal LA’s Commercial Real Estate Showcase & Forum last week? Not to worry, we have a sneak peek above, and subscribers will have access to videos of the full panels next...
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Ex-Cushman recruiter claims firm passed her over for promotion due to pregnancy
Paula Thorby (Credit: Pixabay) A former recruiter for Cushman & Wakefield claims that after repeatedly being promised a permanent position at the brokerage she was snubbed for a job because she...
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Movers & Shakers: Jeeb O’Reilly leaves Elliman again, Cushman makes moves in...
Clockwise from top left: Jeeb O’Reilly, Jeffrey Cole, Rob Rubano, Chris Johnson, and Jeremy Burton. Jeeb O’Reilly and team jumped ship for Aaron Kirman’s team at Pacific Union International. The move...
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Epic lease: Netflix inks massive deal with Hudson Properties
Netflix CEO Reed Hastings, HPP CEO Victor Coleman and a rendering of the Epic project Netflix is leasing the entirety of not just one Hollywood office tower, but two. The top Internet video streaming...
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Amid legal turmoil, Billy Rose stepped down as broker of record for Agency
From left: Michael Caruso, Billy Rose, and Mauricio Umansky (Credit: iStock, The Agency) Less than three weeks before a major lawsuit was filed against the Agency, Billy Rose, the co-founder, stepped...
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Hilton’s DoubleTree in Santa Monica trades for $154M
The DoubleTree Suites by Hilton in Santa Monica sold for $154 million – or nearly $608,700 per room (Credit: Google Maps) It’s been a busy year for Hilton hotel trades in Southern California. In the...
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Despite guilty plea, South Park skyscraper tied to Ben Neman advances
Renderings of the Olympic Tower (Credit: Nardi Associates) Convicted fraudster Morad “Ben” Neman appears to have passed ownership for a 58-story skyscraper being built on the site of a South Park car...
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National Cheat Sheet: Trump tax investigation launched, mall vacancies hit...
Clockwise from top left: New York launches investigation into Trump family finances after bombshell report, senators write letter asking for investigation into real estate money-laundering, shopping...
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Pair of office buildings planned in Porter Ranch, site of 2015 gas leak
John Akhoian and 11280 N. Wilbur Avenue A 39,000-square-foot office development is planned in the north San Fernando Valley neighborhood of Porter Ranch, where a major gas leak forced thousands of...
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CIM Group looking to dissolve its REIT business
Shaul Kuba (Credit: iStock) CIM Group is studying whether to dissolve the REIT side of its business as it explores a recapitalization of its stock, according to a Securities and Exchange Commission...
View ArticleTrump tariffs could raise home improvement costs
Thinking about remodeling your home — redoing a bathroom or the kitchen? Or maybe purchasing a new home from a builder? Or simply buying new appliances? Then get ready to dig deeper into your wallet as...
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Who is Triple Five Group? Canadian retail giant has big plans for Los Angeles
Triple Five Group chairman Nader Ghermezian, the One Beverly Hills project and American Dream Miami Before this year, Triple Five Group hadn’t made a blip on the Los Angeles development radar. But two...
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JPMorgan is latest bank to shrink its mortgage division with 400 layoffs
JP Morgan Chase CEO James Dimon (Credit: iStock, Getty Images) One of the largest mortgage lenders in the country is laying off about 400 of its consumer mortgage banking employees as home sales slow...
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Investors in Trump hotels in New York and Chicago are taking hit
Donald Trump and Trump International Hotel and Tower in Chicago (left) and New York (right) (Credit: Wikipedia) Small-time investors in Trump properties in cities like New York and Chicago have taken a...
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Celeb home thefts highlight challenges in age of Zillow and Trulia
LeBron James is beefing up security after a rash of celebrity burglaries. (Credit: Getty Images, iStock) It happened to Rihanna. Los Angeles Dodgers star Yasiel Puig was another victim, as was L.A....
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