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Hollywood business manager seeks $2.5M profit on Palisades home
Steve Pines’ home at 739 Swarthmore Avenue Celebrity business manager Steven Pines is selling his Pacific Palisades home for $3.2 million. The Hollywood insider, whose clients include the likes of the...
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For REITs, getting own S&P 500 category could be a boon
A rendering of the Landing in Playa Vista and Victor Coleman, the CEO of Hudson Pacific Properties From the New York website: As of Thursday, real estate investment trusts will no longer be grouped...
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Could one Italian architect have the antidote for America’s dying malls?
Massimiliano Fuksas and a rendering of the renovated Beverly Center, slated for completion in 2018 (Credit: Alchetron, Massimiliano Fuksas) The Beverly Center mall, owned by Taubman Centers, may have a...
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Current reader favorites: 1. NGKF poaching spree: brokers from Madison Partners, CushWake 2. CIM nabs Chicago’s iconic Tribune Tower for nearly $240M 3. Jay Luchs on Blue Bottle, DTLA Apple store...
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Room with a voice: Starwood incorporating Siri at Aloft hotels
Aloft Santa Clara, one of the test properties for Project Jetson (credit: Starwood Hotels and Resorts) and Siri on the iPhone From the New York website: “Hey Siri, which massive hotel company is making...
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LA to pay $200M in settlement for subpar disabled housing
Mayor Eric Garcetti (credit: L.A. Mayor) Los Angeles must cough up more than $200 million to settle a federal lawsuit claiming the city’s affordable housing developments for people with disabilities...
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Jamison plans seven-story Ktown apartment building at Jun Won restaurant site
The plaza at 3100 West 8th Street and a photo of Jun Won’s seafood pancake Jamison has planned yet another resi project on its hometurf, The Real Deal has learned. The Koreatown landlord-giant recently...
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Chinese investors continue to pump cash into US real estate
Renderings of 217 West 57th Street and 550 Vanderbilt Avenue From the New York website: As a dizzying array of economic troubles erodes confidence in the local market, Chinese investors are clamoring...
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LA City Council approves Hudson Pacific’s 15-story office building
Rendering of the project at 5901 Sunset Boulevard and Hudson Pacific CEO Victor Coleman The Los Angeles City Council has unanimously voted to approve an office project by Hudson Pacific Properties in...
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Home with carpentry by Harrison Ford sells for $6.5M
The Encino home Forget Star Wars memorabilia. For $6.5 million, a Harrison Ford fan has bought an Encino home featuring original carpentry work by the movie star. Ford was a member of a construction...
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Stealing the “limelight”? Dream Hotel Hollywood accused of name theft in lawsuit
Top left: Noah Tepperberg (via noahtepperberg.com), bottom left: Jason Strauss (via jasonstrauss.com) and a rendering of the Dream Hotel (via Hollywood IRC) What’s in a name? If you’re a nightclub,...
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Postgame analysis: What does Compass’ $75M cash infusion mean for the...
Compass chairman Ori Allon in a photoshoot the week before the firm announced its Series D (Credit: @oriallon on Twitter) From the New York website: On the heels of a $75 million cash infusion that...
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Current reader favorites: 1. Could an Italian architect have antidote for America’s dying malls? 2. The 650-acre Malibu Golf Club sells in receivership for $30.5M 3. Jay Luchs on Blue Bottle, DTLA...
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Bill to ban private meetings with the California Coastal Commission defeated...
State Senator Hannah-Beth Jackson (credit: caregiving.org, Jen Fraser for California Coastal Commission) It looks like L.A. developers won’t have to cancel their coffee dates with officials from the...
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Port of Long Beach to take ownership of former Navy complex
Pier T terminal in Long Beach (Credit: James Tourtellotte, World Port Source) Ownership of a 125-acre land parcel formerly home to a U.S. naval complex will be formally transferred to the City of Long...
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Compass now claims its agents account for $8B in sales — but what’s that...
From the New York site: Compass’ math keeps getting fuzzier. The venture capital-backed brokerage, now valued at north of $1 billion, said Friday that its agents now account for a whopping $8 billion...
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Seven-story, 32-unit complex planned in Westlake
Westlake Theatre building Already teeming with mid-sized projects, Westlake’s housing pipeline just got a little bigger. An entity called 2669 San Marino LLC filed plans for a 32-unit, seven-story...
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Cash isn’t the only way for offshore buyers of US real estate
Lenders are making a play for foreign buyers with nonconforming loans. From the New York website: If you’re a wealthy foreigner wanting to invest in the U.S. property market, producing the full pot of...
View ArticleLinkin Park DJ sells Hidden Hills pad for $3.5M
A photo posted by Joe Hahn (@mrjoehahn) on Jul 29, 2016 at 3:29am PDT Linkin Park’s Joe Hahn may or may not be numb about parting ways with this five-bedroom estate. Located in the gated Hidden Hills,...
View ArticleLana Del Rey doles out $6M of old money for Studio City compound
A photo posted by Lana Del Rey (@lanadelrey) on Mar 19, 2016 at 5:33pm PDT With these new digs, Lana del Rey must be staving off her summertime sadness. Through an LLC connected to her management...
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