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Month: April 2018

Indivest restarts plans for 29-story condo tower in Westwood

A rendering of the 29-story condominium tower in Westwood (Robert A.M. Stern) Indivest has restarted its plan to build a striking condominium tower in Westwood, nearly a decade after proposing the project. The tower, designed to ...

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  • 12 Apr
  • The Real Deal
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Streetwear brand Bodega steps into Row DTLA

Bodega at the Row DTLA, 1320 E. 7th St., Suite 150 (Credit: Bodega) It might not be at Broadway’s “Sneaker Row,” but there’s another streetwear store that’s soon going to have fans running to Downtown Los Angeles. Bodega, a ...

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  • 11 Apr
  • The Real Deal
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NIMBY what? LA will pay homeowners to house the homeless in their backyard

Artist’s rendering of 320-square-foot homes that Multnomah County, Ore., is building in a pilot program to fight homelessness. (Credit: SQFT Studios) In Los Angeles’ latest effort to combat the growing number of homeless, city ...

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  • 11 Apr
  • The Real Deal
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LA’s move to upzone part of Panorama City would boost residential development

The Fountains apartment complex on Ventura Canyon, one of the sites being rezoned Los Angeles wants to rezone a portion of Panorama City, allowing for denser development with more residential units, as the city continues to find ...

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  • 11 Apr
  • The Real Deal
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Coming soon: The Real Deal’s spring issue

Who’s at the top of Southern California luxury market? Check out our rankings of the top luxury brokers in L.A. County in our newest issue out this April. This is a must-read for anyone in real estate in Southern California. Other key ...

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  • 11 Apr
  • The Real Deal
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These are the best and worst markets in the US to sell a luxury home

Westchester home at 23 Fox Hill Road Manhattan isn’t the only part of the U.S. with a slowing luxury real estate market. High-end homes across the country are taking longer to sell, according to a new report by Concierge Auctions. A ...

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  • 11 Apr
  • The Real Deal
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The richest ZIP code in the US was once owned by a Vanderbilt

Fisher Island (Credit: Pixabay) Where in the U.S. do locals take in an average of $2.5 million a year? Somewhere in Silicon Valley, Manhattan, or Los Angeles? It’s actually on a man-made barrier island in Miami, Florida named after ...

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  • 11 Apr
  • The Real Deal
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90401 is No. 1: Santa Monica had the nation’s highest home price increase

A postcard circa 1930 and circa 1945 of beach homes along the Roosevelt Highway in Santa Monica, California Santa Monica may be famous for its tourist throng and historic pier, but there’s another facet to this beachside city: its real ...

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  • 10 Apr
  • The Real Deal
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Big banks expose themselves to subprime loans through other lenders

A Wells Fargo bank and Stephen Schwarzman (Credit: Wikipedia Commons) Most of America’s big banks have moved away from direct loans to subprime borrowers after the financial crisis, but many are handing out billions to nonbank lenders ...

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  • 10 Apr
  • The Real Deal
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Here are LA’s 5 biggest construction projects approved in March

Century Plaza (Credit: WIkimedia Commons) March is typically an exciting time for anyone remotely interested in college basketball and gambling. Last month also had some “March Madness” in the Los Angeles real estate world, as five ...

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  • 10 Apr
  • The Real Deal
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