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Month: March 2018

JMB seeks to revive 483-unit residential tower plan for Century City

Rendering of Constellation Park (Credit: JohnsOnFain) Nearly 15 years after it was first proposed, a 483-unit high-rise condo complex in Century City is back on the books. Well, half of it, at least. JMB Realty is moving forward with ...

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  • 08 Mar
  • The Real Deal
  • Uncategorized
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Brookfield leasing exec James Malone jumps to Colliers

James Malone (Credit: Twitter, PxHere) James Malone, vice president of leasing at Brookfield Properties, is ditching the in-house lifestyle for Colliers International. During his five-year stint at Brookfield, he represented the ...

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  • 08 Mar
  • The Real Deal
  • Uncategorized
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Developer gets green light for $100M Drivers Club Miami project

Rendering of Drivers Club Miami (Credit: Drivers Club Miami) South American developer Carlos de Narváez is moving forward with his $100 million luxury auto club project, Drivers Club Miami. Miami-Dade County commissioners unanimously ...

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  • 08 Mar
  • The Real Deal
  • Uncategorized
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Attention, brokers: The world’s ultra-rich population is growing

Leonardo DiCaprio in “The Great Gatsby,” 220 Central Park South and a Yacht and Mansion in South Florida The world’s population of ultra-rich is growing, and their real estate investments are pushing up real estate prices in cities ...

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  • 07 Mar
  • The Real Deal
  • Uncategorized
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Joint ventures: How California’s marijuana laws could change LA’s retail landscape

(Illustration by Dushan Milic) From the archives: When Derek Peterson’s company Terra Tech closed on two new Southern California properties recently, it likely paid up to 25 percent more than another business would have — but Peterson ...

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  • 07 Mar
  • The Real Deal
  • Uncategorized
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Positive signs for CRE lending in 2018 amid strong market: report

(Credit: Pexels, Public Domain Pictures) The delinquency rate on CMBS loans came in nearly a full percentage point lower than a year ago, a positive indicator for lending in the year ahead, and bucking the gloomy predictions the ...

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  • 07 Mar
  • The Real Deal
  • Uncategorized
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Broken homes: The anatomy of a divorce, told through luxury real estate

From left: Divorce lawyers Daniel Jaffe, Laura Wasser and Neal Hersh (Credit: Jaffe Clemens, Hersh Mannis, WCM Family Law, Wikimedia Commons) A just-divorced woman returned one day late last year to her palatial Los Angeles home to ...

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  • 07 Mar
  • The Real Deal
  • Uncategorized
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Follow TRD’s Westside Spotlight on social

We’re gearing up for The Real Deal’s Westside Spotlight starting today at 1 p.m.! The event, which is being held at the Water Garden in Santa Monica, will feature two panel discussions on development on the Westside, as well ...

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  • 07 Mar
  • The Real Deal
  • Uncategorized
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Gentrification Nation: Downtown LA is fastest gentrifying area in the US, report says

Wilshire Grand in Downtown Los Angeles (Getty) Downtown Los Angeles has become ground zero for gentrification. That’s according to a new survey from RentCafe, which ranked the 20 fastest gentrifying ZIP codes in the country. Downtown’s ...

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  • 06 Mar
  • The Real Deal
  • Uncategorized
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Here’s how much Blackstone’s heir apparent Jonathan Gray made last year

Jonathan Gray. (Credit from back: Pixabay, University of Miami) Jonathan Gray’s take-home compensation package was one of Blackstone’s biggest at $275 million, but Gray still pocketed far less than the group’s CEO Stephen Schwarzman. ...

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  • 06 Mar
  • The Real Deal
  • Uncategorized
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