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Senior living developer proposes new Pasadena complex
Regency Park Senior Living President Emil Fish A local developer wants to build a 62-unit apartment complex over more than an acre in Pasadena, among a growing number of residential developments being...
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Opendoor, a $3.8B iBuyer start up, fires staffers, asks others to move to...
Opendoor CEO Eric Wu and Pheonix (Credit: Resolute Ventures and iStock) The $3.8 billion iBuyer startup Opendoor is shaking things up internally. The company started firing about 50 of its roughly...
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For LA developers and homeowners, smog could be the new wildfire
Los Angeles, California (Credit: iStock) Alongside earthquakes and wildfires, now add smog to the list of growing concerns for Southern California developers and homeowners. While the region’s infamous...
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Temple Emanuel of Beverly Hills sells a building to developer Crescent Heights
From left: Temple Emanuel of Beverly Hills Executive Director Matt Davidson, Crescent Heights co-founder Russell Galbut; and the property on Burton Way. Temple Emanuel of Beverly Hills has sold one of...
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Putting proptech to the UX test: the tools that work and the ones that don’t
The lobby of the Coral Gables theater is jammed with dozens of real estate techies. Some of them are the brains behind South Florida-based startup companies searching for capital and clients. The rest...
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Here are the latest under 50-unit resi projects proposed in LA
From top left, clockwise: 11961 W. Venice Boulevard, 1462 S. Reeves Street, 2336 S. Westwood Boulevard, and 2968 S. Kelton Avenue Apartment building developers are targeting the Westside. All five of...
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The Real Deal wins 9 NAREE journalism awards
The Real Deal picked up 9 awards from the National Association of Real Estate Editors The Real Deal editorial team brought home nine journalism awards from the National Association of Real Estate...
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A Brentwood spec mansion across from LeBron James just sold
The home on Tigertail Road and the Agency’s Santiago Arana, who was listing agent and developer (Credit: Google Maps) Many high-end homes are languishing on the market in Bel Air, Hollywood Hills and...
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WS Communities targets Santa Monica with plans for 4th resi development
WS Communities Development Manager Taylor Glieden and a rendering of the 501 WS Communities wants to build another mixed-use development in Downtown Santa Monica, which would be the fourth residential...
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The trendiest place for young homeowners? It’s the suburbs
Suburbs now make up 14 of the 15 fastest growing cities in America (Credit: iStock) After years of flocking to city centers, American homeowners are now returning to familiar grounds: the suburbs. With...
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Nexus Companies refinances Long Beach Hampton Inn for $41M
Bank of America Vice President and Senior Underwriter Paul Kim and the Hampton Inn Orange County developer Nexus Companies has refinanced a 241-key hotel near Long Beach Airport for $41 million. The...
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Trust tied to Bill Gates drops $21M on Wellington horse farm
Bill Gates and his Wellington properties A trust linked to billionaire Bill Gates paid $21 million for an equestrian estate in a gated Wellington community, near his Evergate Stables property. Property...
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Halfway through 2019, proptech investment has already hit a record high
The real estate industry has long been slow to innovate, but things could be changing. (Credit: iStock) The real estate industry has long been slow to embrace innovation. But judging by recent...
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Spelling Manor just sold, but this Holmby Hills estate is back on the market
The home on South Mapleton in Holmby Hills Just before the Spelling Manor in Holmby Hills sold Monday at a 40 percent price cut from its original asking — breaking the record for priciest Los Angeles...
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Real estate’s rent law reckoning: Who’s getting hit hardest, and who’s...
(Illustration by Wesley Bedrosian) Before climbing into bed on June 11, Robert Nelson found himself bracing for a “horror show.” The leaders of the state Senate and Assembly had just announced that...
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Decron Properties lands $125M refi for Playa del Rey multifamily complex
Playa del Oro and Decron Properties CEO David Nagel Decron Properties has refinanced its large multifamily complex near Los Angeles International Airport, which is in the middle of a massive expansion...
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Las Vegas investor gambles on LA’s multifamily market
13267 W. Moorpark Street (Credit: Google Maps) An apartment building and hotel developer from Las Vegas is placing his bet on the Los Angeles housing market. Ilan Gorodezki filed plans for a 25-unit...
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Anda Realty buys office building in sprawling Diamond Bar business park
From top left, clockwise: Tryperion Partners Joseph Kessle and Eliot Bencuya, and Muller Company Principals Stephen Muller and John Muller, and 1370 Valley Vista Drive Investment firm Anda Realty...
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Corporate retreat: After shunning New York, Amazon planning Seattle-area...
Amazon’s Jeff Bezos is planning a 43-story office tower in downtown Bellevue, Washington After shunning New York, Amazon is returning to its hometown with plans to build its tallest office tower yet....
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Ahead of We Company IPO, investors willing to sell shares at discount from...
WeWork CEO Adam Neumann and Softbank CEO Masayoshi Son (Credit: Getty Images) In the lead up to We Company’s IPO, some institutional investors were willing to trade their stock in the company at deep...
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