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Month: May 2018

Here’s a look at LA County’s top 5 office investment sales of April

9171 Wilshire, which was the top office sale for April Los Angeles County’s top office investment deals of April totaled $182 million, led by the second-highest sale in Beverly Hills so far this year. Last month also saw pricey trades ...

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  • 21 May
  • The Real Deal
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Palisades will incorporate historic buildings into its multi-use project

1111 Sunset Project After resolving a struggle with preservationists, Los Angeles developer Palisades is moving ahead on its mixed-use 1111 Sunset project. The latest study on the sprawling development, published earlier this month by ...

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  • 21 May
  • The Real Deal
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Blackstone’s overall profit from Hilton deal? A whopping $14B

The Hilton in Midtown and Jonathan Gray Blackstone Group sold its remaining shares in Hilton Hotels, an 11-year investment that many questions at first but turned out to be the most profitable leveraged buyout in history. Blackstone ...

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  • 21 May
  • The Real Deal
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What to make of the dismissed class-action lawsuit over Zestimates

A Federal district court has dismissed a closely followed class-action lawsuit that charged Zillow — creator of the controversial Zestimate online home-valuation tool — with deceptive business practices designed to mislead consumers. ...

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  • 21 May
  • The Real Deal
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As development in Echo Park surges, add a 47-unit residential complex

The lots on Rosenell Terrace in Echo Park A 47-unit multifamily project that includes some low-income housing could be coming to an empty lot to Rosenell Terrace in Echo Park. The four-story development would include four units set ...

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  • 21 May
  • The Real Deal
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The Real Deal’s National Retail Market Report is live!

The giraffe mascot of Toys “R” Us, seen on this issue’s cover as a lanky giant laid low, made for a fitting visual for the company it represented — a colossus in its own right that earned the unfortunate distinction of being the ...

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  • 21 May
  • The Real Deal
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Need to make a luxury house stand out? The feature brokers say works every time

(Credit from left: Roger Norton, Pxhere) Give buyers a dream pool and they’re all in — though that does not necessarily mean in the water. Buyers are increasingly favoring a resort-style island, a dining area or sitting area, that’s ...

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  • 19 May
  • The Real Deal
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This week in celeb real estate: A mansion Danny DeVito owned lists at $85M, former model buys for $34M… and more

From left: Bui Simon with Pacific Palisades home, and Danny DeVito with home in Beverly Hills (Getty) In Beverly Hills, a sprawling estate formerly owned by actors Danny DeVito and Rhea Perlman hit the market for $85 million this week. ...

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  • 19 May
  • The Real Deal
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Swift Real Estate Partners snags $150M financing for El Segundo office buy

Swift Real Estate Partners’ Christopher Peatross and 2200-2230 Imperial Highway                   Swift Real Estate Partners landed a $150 million loan from ACORE Capital to fund its acquisition of a three-building office complex in El ...

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  • 18 May
  • The Real Deal
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Income from Donald Trump’s LA golf course fell $7M last year

Trump National Golf Club Los Angeles, with Donald Trump (via Wikimedia Commons) President Donald Trump’s lone Los Angeles County property brought in $20 million in income last year, according to his annual financial disclosure released ...

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  • 18 May
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