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This week in celeb real estate: Ellen DeGeneres and the Beckhams sell in...
Ellen DeGeneres and actress Portia de Rossi with David and Victoria Beckham sold their Beverly Hills home for $33.1 million (Credit: Getty Images, iStock) What do a talk show host, actor, soccer...
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Circa opens in DTLA with $25K-per-month penthouses, 14% of units leased
From left: Jamie Lee, Circa, Scott Dobbins. (Courtesy TRD, Circa) Circa has officially opened its doors in Downtown Los Angeles. The $500 million project, developed in partnership by Hankey Investment,...
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Hollywood may get easier to reach… at least to the sign
David Ryu. (Credit from left: Pixabay, Twitter) Getting to Hollywood has never been an easy task, just ask any aspiring actor. But, for tourists, getting to the Hollywood sign is no picnic either. Even...
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Beams crack in San Fran’s new $2B transit center
Steel beams being installed in 2014. (Credit: courtesy TJPA, Pixabay) Crews are scrambling at the Transbay Transit Center in downtown San Francisco after a second cracked beam was discovered in as many...
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NAR’s new top lobbyist is a former Trump administration official
(Credit from left: Pixabay, NAR) Shannon McGahn, a former Trump administration official at the Treasury Department, is now top lobbyist for the National Association of Realtors, the country’s second...
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Fraud alert: Bogus mortgage applications are on the rise
Mortgage fraud risk jumped more than 12 percent year over year at the end of Q2. (Credit: iStock) Mortgage fraud is on the rise as more buyers are inflating their incomes in order to qualify for new...
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What capital controls? This Chinese company is still buying real estate overseas
Guo Guangchang, chairman and co-founder of Fosun International (Credit: Getty Images) The overseas buying spree for Chinese companies hasn’t come to a complete halt – at least not for everyone. The...
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Lifan Group secures key approval for 29-story Westlake apartment tower
A rendering of Lifan Tower (Credit: the Department of City Planning) A Chinese developer has secured a density bonus it needed to move forward on a 29-story Westlake project. The Department of City...
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CompStak launches new analytics platform
From left: Michael Mandel and Nick Romito with a screenshot of Compstak’s leasing product (Credit: Compstak) CompStak has launched a new analytics platform that allows users to compare its crowdsourced...
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Logistics firm signs for 1.5M sf in City of Industry
Port Logistics CEO Jeffrey Wolpov and the properties on Rowland Street Port Logistics Group has signed three different lease extensions in the City of Industry, adding to the growing number of...
View ArticleWATCH: LA real estate players talk consolidation in the city’s ultra...
The Real Deal’s Konrad Putzier sits down with Ralph McLaughlin (Veritas Urbis Economics), Jeff Rinkov (Lee & Associates), Pat McRoskey (CBRE) and Elizabeth Clark (Pacific Union/Compass) to...
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Sprawling mixed-use Angels Landing project has hit a snag
Angels Landing (Credit: Handel Architects) Downtown Los Angeles’ massive Angels Landing project has hit a snag. The city says the $1.2 billion project can’t touch down without a lengthy environmental...
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SoftBank just lined up $45B for another Vision Fund
Masayoshi Son and Mohammed bin Salman (Credit: Getty Images) SoftBank’s second Vision Fund already has one major investor. Saudi Arabia’s Public Investment Fund plans to put $45 billion into the new...
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Hollywood producer Shonda Rhimes seeks buyer in Hancock Park
Shonda Rhimes with home on Hudson Avenue The force behind television hits like “Grey’s Anatomy” and “Scandal” is looking to part ways with one of her several Hancock Park properties. Producer and...
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Real estate in the time of climate change: Investors search for opportunity
Volo Foundation’s David Vogel (Credit: Volo Foundation and Wikipedia) The effects of climate change may literally put real estate underwater, but where many see catastrophe, some investors see...
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Hudson Pacific pays $291M for Ferry Building site in San Francisco
Hudson Pacific Properties CEO Victor Coleman and the Ferry Building Hudson Pacific Properties is partnering with Allianz Real Estate to pick up a historic property in San Francisco. The joint venture...
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Judge rules Martin Expo project can move forward once again
Dan Martin and Hines CEO Jeffrey Hines with a rendering of Martin Expo Town Center (Credit: Gensler) An appellate court judge has struck down another attempt to overturn approvals for the development...
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Office tenants are choosing to stay put, especially on the Westside
Century City in the Westside (Credit: Prayitno via Flickr) Large office tenants are choosing to stay where they are, and are doing so because of cost. New data from CBRE shows that since 2012, large...
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Hyatt buying lifestyle hotel chain Two Roads
Hyatt Centric Hotel Hyatt Hotels is buying independent hotel operator Two Roads Hospitality for $480 million, increasing its investment in lifestyle brands. After the deal closes later this year,...
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Felix Sater on money laundering at Trump properties: “I think he just didn’t...
From left: 246 Spring Street, Felix Sater, and Donald Trump (Credit: The Dominick Hotel and Getty Images) According to Felix Sater, who built the Trump Soho condominium tower in Lower Manhattan and...
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