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Want to see Trump’s tax returns? Give him a mortgage
Donald Trump (illustration by Lexi Pilgrim for the Real Deal) From the New York website: During Monday night’s presidential debate, Donald Trump once again refused to release his tax returns. But a few...
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Head of Wanda’s Beverly Hills subsidiary weighs in on development spat
A rendering commissioned by the “No to HH” campaign of the 26-story tower proposed by developer Beny Alagem in Measure HH Wanda Group’s Beverly Hills subsidiary is upping the emotional ante in its...
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Current reader favorites: 1. Attack email targets Compass, alleging toxic work culture 2. Santa Monica Apple store owner buys Tesla showroom 3. Lending constraints put the squeeze on developers 4....
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Stop the presses: Harridge pays $120M for 26-acre LA Times printing plant site
The printing plant site (via Harridge Development) and, from left: David Schwartzman of Harridge and Carl Muhlstein of JLL A partnership headed by Harridge Development Group purchased the 26-acre Los...
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Donald Trump’s fortune takes an $800M hit: Forbes
Donald Trump From the New York website: Donald Trump’s net worth reportedly checks in at $3.7 billion — $800 million less than the value of his fortune last year, according to Forbes. Forbes claims...
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Is Los Angeles the new Shanghai?
Rendering of the Metropolis project (credit: highrises.com) For Greenland Group executive Winston Yan, the revival of Downtown L.A. looks awfully familiar. “It reminds me of what’s happening in Beijing...
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Maxxam Enterprises doubles down on Arts District with live-work projects
The two development sites at 676 Mateo and 1100 5th Forget 90210. Beverly Hills-based Maxxam Enterprises is getting serious about the Arts District, where the developer recently filed plans for two...
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Wheels of fortune: Industry players are rethinking what a residential...
From the New York September issue: When the venture-backed brokerage Compass secured a cash infusion of $75 million last month, the response from industry rivals was fast and furious. The valuation...
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CAA managing partner sells Beverly Hills home for $5.2M
Meryl Streep and Kevin Huvane (by Kevin Mazur, Getty Images) and the house at 1720 Ambassador Avenue (via the Agency) Talent scouting powerhouse Kevin Huvane sold his Beverly Hills abode for $5.2...
View ArticleChina’s richest man warns the country is facing a RE bubble
From the New York website: Wang Jianlin — who built a massive fortune developing real estate in China — says the market is now facing the “biggest bubble in history.” Jianlin, who is the country’s...
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WeHo developer Faring Capital buys City National Bank building in Long Beach...
An investment and development firm that’s hyperactive in West Hollywood is taking a big leap into Long Beach. Faring Capital just closed on the purchase of a 229,000-square foot Class A office tower...
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Current reader favorites: 1. Harridge pays $120M for 26-acre LAT printing plant site 2. Jamison plans 641 units on site of Wilshire office buildings 3. Douglas Emmett’s SaMo deal is latest in Qatari...
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Ratkovich wants to sell Google’s Playa Vista airplane hangar
Ratkovich CEO Wayne Ratkovich, Google CEO Sundar Pichai and the Spruce Goose hangar at 5865 South Campus Center Drive (Credit: Youtube, Search Engine Land and Playa Vista Home Sales) A mere three...
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Fashion mogul Guy Attal relists Coldwater Canyon compound for $22.8M
Guy Attal’s Coldwater Canyon estate Fashion mogul Guy Attal, the head of label Fabrizio Gianni, has slashed the price of his Coldwater Canyon home by nearly $3 million, bringing the ask to just $22.8...
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Investor lists longtime Holmby Hills compound with funicular for $79M
The estate at 300 Delfern Drive (Credit:300delferndr.com) For well-heeled buyers who want the sprawling estate without the walking that comes with it, this $79 million Holmby Hills estate comes with...
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US Bank reaches $13.5M settlement over foreclosed homes scandal
Former City Attorney Carmen and the US Bank Tower in L.A. at 633 West 5th Street U.S. Bank agreed to pay $13.5 million in a settlement with the Los Angeles City Attorney over allegations it neglected...
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Angelo, Gordon & Co sells Cerritos Corporate Center for $62M
Cerritos Corporate Center at 13810-13950 Cerritos Corporate Drive New York investment firm Angelo, Gordon & Company has sold its seven-building Cerritos Corporate Center for $62 million, less than...
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Mid-century modern Berkson Residence pocket-listed for $4.25M
The property at 4620 Rubio (by James Moss) and young Michael Jackson ( by Michael Ochs Archives, via Getty Images) The home known as The Berkson Residence, after its former owners, has been pocket...
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PHOTOS: TRD celebrates LA magazine launch with intimate Beverly Hills fete
Jeff Hyland, Mauricio Umansky and Katherine Clarke (Photos by Adam Southard) Beverly Hills Mayor John Mirisch Beth Styne and Joyce Rey Beverly Hills Mayor John Mirisch, Amir Korangy, Rohan a'Beckett,...
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Vornado Realty Trust is shopping its last LA property for $150M
Kevin Shannon of NGKF, Steven Roth of Vornado and the property at 800 Corporate Pointe It looks like New York-based Vornado Realty Trust is done with La La Land. The real estate investment trust is...
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