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Month: August 2018

Toll Brothers aims for record revenues as profit climbs 30%

A Toll Brothers luxury home and Doug Yearley (Credit: Toll Brothers and iStock) Toll Brothers is poised to end the year on a high note. The luxury builder’s profit climbed in the third quarter, as the company also raised its outlook ...

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  • 21 Aug
  • The Real Deal
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Jamison eliminates hotel portion of Koreatown strip mall project

Jamison’s Jaime Lee with renderings of original projects at 800 S. Western (Credit: TCA Architects) Koreatown’s most prominent landlord, Jamison, has revised its plans for one of its many multifamily projects in the neighborhood. The ...

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  • 21 Aug
  • The Real Deal
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America’s 10 most liveable cities, according to The Economist ranking

(Credit: Pixabay) Though American cities didn’t fare well in The Economist’s annual global ranking, there were a handful of stars. Known as The Global Liveability Index, the publication’s ranking report is published every year based on ...

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  • 21 Aug
  • The Real Deal
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WS Communities plans another mixed-use complex in Santa Monica

(Credit: KFA Architects)   WS Communities is expanding its portfolio in its home turf of Santa Monica. The real estate developer, who specializes in multifamily and mixed-use properties, has proposed a 40-unit building atop almost ...

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  • 20 Aug
  • The Real Deal
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Paul Manafort’s LA properties play role in federal trial

Manafort and the 779 Stradella Road (Credit: Getty Images) As the jury in Paul Manafort’s federal trial deliberates, it is likely spending part of its time discussing the former Trump campaign manager’s Los Angeles real estate ...

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  • 20 Aug
  • The Real Deal
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Corigin Ventures raises $22M in second fund

Corigin Ventures’ David Goldberg (Credit: Corigin Ventures and iStock) With an eye on investing in real estate tech companies, venture capital firm Corigin Ventures has raised $22 million and plans to bring in another $27.9 million by ...

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  • 20 Aug
  • The Real Deal
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SEC charges 5 tied to Woodbridge Group’s alleged fraud scheme

Ferne Kornfeld, president of first financial tax group (Credit: iStock) The Securities and Exchange Commission’s Miami office on Monday charged five Floridians with illegally selling securities of a troubled California-based real ...

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  • 20 Aug
  • The Real Deal
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Wallace Cunningham-designed mansion lists for $30M

Wallace Cunningham and the Razor House (Credit: coldwellbanker.com) A glassy hillside mansion in La Jolla and designed by architect Wallace Cunningham has listed for $30 million, more than double the amount the current owner paid for ...

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  • 20 Aug
  • The Real Deal
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Michael Cohen being investigated for $20M bank fraud

Michael Cohen (Credit: Getty Images) In their investigation into possible bank and tax fraud, federal investigators are focusing on more than $20 million in loans provided to Michael Cohen’s taxi businesses. Authorities are in the ...

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  • 20 Aug
  • The Real Deal
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San Fran seniors face up to 10-year waits for affordable homes

(Credit: White House photo, Pixabay) The housing crisis is hitting seniors and developers hard in San Francisco underscoring the need for age-restricted affordable housing. For one recent development in Hayward, which had 50 units ...

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  • 19 Aug
  • The Real Deal
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