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“Flats” at Brookfield’s two newest Playa Vista developments cost more than $1.5M
One of the homes in Brookfield’s recently-opened Marlowe development in Playa Vista (credit: Eric Figge) For a while, the rollouts of residences in the last phase of Playa Vista were progressively more...
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Elliman’s top LA earners revealed at firm’s annual awards
Josh and Matt Altman East Coast powerhouse Douglas Elliman landed in Los Angeles with a bang in 2014 and quickly launched a bid to recruit as many top-producing agents as possible. Now, industry...
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City cracks down on tiny wooden houses for the homeless
A tiny house (credit: Good News Network) City officials are cracking down on the proliferation of tiny wooden homes designed to replace tents in L.A.’s homeless encampments, the L.A. Times reported....
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CIM breaks ground on another LA mixed-use development
Renderings of the project at 11800 West Santa Monica Boulevard by Lorcan O’Herlihy Architects Mid-Wilshire-based CIM Group broke ground on a mixed-use project on the 1.3-acre West L.A. site it acquired...
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Continental Development plans two creative office conversions in El Segundo
The existing building at 840 Apollo Street in El Segundo El Segundo-based developer Continental Development Corporation is redeveloping its properties at 840 and 880 Apollo Street, which total 182,000...
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Submarket Snapshot: Single-family homes in Beverly Hills
A property listed by the Agency at 75 Beverly Park Avenue in Beverly Hills The price of single-family residences in Beverly Hills fell in the fourth quarter of 2015 when compared with the same period...
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Current reader favorites: 1. John Aaroe on accepting the first offer and why he doesn’t do his own deals 2. Netflix signs expansion lease to take the entire 323,000 sf Icon Building in Hollywood 3....
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Crystal Hefner’s Hollywood Hills pad available for $32K a month
Crystal Hefner’s Holllywood abode It’s not quite the Playboy Mansion but it does have some playmate flavor. Crystal Hefner, wife of Playboy magnate Hugh Hefner, has listed her Hollywood Hills home for...
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David Pinsel on LA’s broker shakeup and why he thrives in a down market
Charles Dunn Company recently hired David Pinsel as president of brokerage services, a move designed to expand its Downtown Los Angeles-headquartered commercial brokerage platform. The new hire told...
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Hilton plans REIT, timeshare spinoffs
The New York Hilton Midtown at 1335 Sixth Avenue (inset: Christopher Nassetta) From the New York site: Hotel giant Hilton Worldwide Holdings plans to spin off its timeshares and most of its real estate...
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Cadence buys Jerry’s Liquor site in Santa Monica for $10.5M
The property at 2919 Wilshire Boulevard in Santa Monica Cadence Capital Investments, the Colorado-based retail developer that is building a posh three-story Gelson’s in Hollywood, acquired a half-acre...
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The five priciest commercial deals to go down in LA in 2016
The shuttered Tower Records store at 8801 West Sunset Boulevard in West Hollywood As developers snatch up properties around Los Angeles, eyeing redevelopment, TRData crunched the numbers on the...
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The Wrap: “Brady Bunch” star lists for $5M, Metric Hotel planned in City...
Eve Plumb’s beach house in Malibu (courtesy of listing agent Brian Linder) 1. “Brady Bunch” star Eve Plumb selling Malibu bungalow for teardown [Realtor.com] 2. Metric Hotel to rise in City West [ULA]...
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Submarket Snapshot: Santa Monica’s Q1 2016
Source: TRData From the start of the new year to date, Santa Monica is seeing higher commercial asking rents than it did in the same period in 2015. The average asking rent in 2016 to date was $52.18 a...
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Current reader favorites: 1. Sisters Darla Longo and Barbara Emmons of CBRE on LA’s industrial market 2. Continental Development plans two creative office conversions in El Segundo 3. Netflix signs...
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Apartment portfolio hits market at Santa Monica’s 201 Ocean
Ryan Serhant and 201 Ocean A portfolio of 40 apartments owned by a group of co-op shareholders is slated to come on the market at 201 Ocean, the tallest residential complex in Santa Monica. The...
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Douglas Elliman revenue tops $637M in 2015
A rendering of 111 Murray and Howard Lorber From the New York site: Douglas Elliman’s revenues hit $637 million in 2015, a 17 percent year-over-year jump from $543.2 million in 2014, the brokerage’s...
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Jade Mills on listing Sela Ward’s home and her least favorite customers
Jade Mills and the property she has listed at 1492 Stone Canyon Road in Bel Air Jade Mills, the force behind Jade Mills Estates Worldwide at Coldwell Banker Previews International in Beverly Hills, has...
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KBS raises $216M in first phase of Israeli bond offering
From the New York website: From left: Peter Bren and 110 William Street in the Financial District KBS Strategic Opportunity REIT is on the verge of becoming the first U.S. real estate investment trust...
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Todd Tydlaska leaves HFF to return to CBRE
Todd Tydlaska The commercial broker shakeup in Los Angeles is going strong. In the latest chapter, Todd Tydlaska has returned to CBRE after leaving for HFF just last spring, The Real Deal has learned....
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