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Month: April 2019

A Bel Air development site — mansion permit included — lists for $22M

Edward Ehsan and a rendering of the proposed home (Ryder Design & Architecture) In Bel Air, a fully entitled, vacant lot is worth its weight in gold. A real estate investor has put his development site on the market, asking $22 ...

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  • 09 Apr
  • The Real Deal
  • Uncategorized
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Broker shocked with stun gun during attempted sexual assault: police

Stanley Keller A suburban man shocked a real estate broker with a stun gun during an attempted sexual assault at an open house Sunday in the southwest suburbs, authorities said. Stanley Keller, 50, of Hazel Crest, now faces charges of ...

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  • 09 Apr
  • The Real Deal
  • Uncategorized
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For $56M, you can have Brad and Jen’s old Beverly Hills mansion

Jennifer Aniston and Brad Pitt (Credit: Getty Images) Brad Pitt and Jennifer Aniston’s marriage ended long ago, but their former Beverly Hills abode lives on, and is now on the market. Hedge fund manager Jonathan Brooks, the current ...

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  • 09 Apr
  • The Real Deal
  • Uncategorized
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Lowe development gets to work on office-retail complex in Arts District

Bob Lowe, chairman of Lowe development firm with a rendering of the project set for Violet Street in the Arts District (Credit: Humphrey Partner Architects) Lowe development’s 97,000-square-foot office project is set to rise in the ...

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  • 09 Apr
  • The Real Deal
  • Uncategorized
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Chinese investors, facing new regulations, shift focus from Vancouver to Toronto

Toronto is emerging as a prime destination for commercial investment (Credit: Wikipedia and Pixabay) A crackdown on foreign buyers in British Columbia has Chinese investors looking east for other opportunities in Canada, with Toronto ...

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  • 09 Apr
  • The Real Deal
  • Uncategorized
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Van Daele Homes nabs loan to start on sprawling Deerlake Ranch development

Van Daele CEO Jeffrey Hack and the Deerlake Ranch development site Van Daele Homes secured a $29 million construction loan to break ground on part of a long-stalled 230-acre gated community development just outside Chatsworth. The ...

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  • 09 Apr
  • The Real Deal
  • Uncategorized
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Affordable housing developers pay $63M for San Pedro complex

The San Pedro complex Two affordable housing developers have teamed up to buy a 213-unit multifamily complex in San Pedro, a community that has been lagging in lower-cost housing. SDG Housing Partners and Affordable Housing Access paid ...

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  • 09 Apr
  • The Real Deal
  • Uncategorized
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Real estate execs among parents pleading guilty in college admissions scandal

Bruce Isackson and the UCLA campus Two real estate executives pleaded guilty Monday to charges in the college admissions scandal, and now face prison time.  Ten other parents charged in the case, including actress Felicity Huffman, ...

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  • 08 Apr
  • The Real Deal
  • Uncategorized
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Oaktree Capital co-founder Bruce Karsh sells Brentwood mansion

Bruce Karsh and 21 Oakmont Drive (Credit: Zillow) Bruce Karsh, billionaire co-founder of Oaktree Capital Management, has sold his Brentwood estate, The Real Deal has learned. Karsh unloaded the mansion for $33.5 million, about $4 ...

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  • 08 Apr
  • The Real Deal
  • Uncategorized
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Dutch investment firm pays $154M for 2 Wilshire Boulevard offices

8942 Wilshire Boulevard, Neil Bluhm of Walton Street Capital, and 4525 Wilshire Boulevard (Credit: Wikipedia) A Dutch investment firm has expanded its West Coast presence with a $154 million deal for two office buildings on Wilshire ...

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  • 08 Apr
  • The Real Deal
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