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Month: May 2019

This week in celeb real estate: Uber co-founder drives off with Hills home, Priscilla Presley unloads Brentwood pad.. and more

Garrett Camp and his new home, and Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images) An Uber co-founder added to his Hollywood Hills home collection, a few weeks after the company went public. The sale of ...

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  • 31 May
  • The Real Deal
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This Santa Monica housing development will offer something rare

Community Corporation of Santa Monica Development Director Jesús Hernandez and the assemblage of parcels on 14th Street The Community Corporation of Santa Monica has closed on its purchase of an assemblage of lots, where it intends to ...

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  • 31 May
  • The Real Deal
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Gym work out: 24 Hour Fitness-leased property in West Covina has new owner

Capital Square 1031 CEO Louis Rogers and 530 West Covina Parkway (Credit: 42 Floors) A West Covina property fully leased by a 24 Hour Fitness has a new set of owners. Capital Square 1031 — which specializes in specializes in 1031 ...

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  • 30 May
  • The Real Deal
  • Uncategorized
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Belpointe looks to become the Blackstone of Opportunity Zones with a $3B REIT

Marty (left) and Brandon Lacoff of Belpointe Greenwich may seem like an unlikely breeding ground for a revolution. But Brandon Lacoff, the 44-year-old co-founder and CEO of Belpointe, never considered setting up shop anywhere else. The ...

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  • 30 May
  • The Real Deal
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Harbor Associates leases up then sells off its Thousand Oaks office park

Joon Choi, principal at Harbor Associates, and 2400 Conejo Spectrum Street (Credit: Google Maps) Just a few months after Harbor Associates secured fresh lease deals on its office park in Thousand Oaks, the investment firm has sold the ...

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  • 30 May
  • The Real Deal
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Geoff Palmer nabs $128M refinancing on DTLA resi complex

Geoff Palmer and Orsini II Developer Geoff Palmer has secured a $128 million refinancing for his 566-unit Orsini II residential complex in Downtown Los Angeles. Walker & Dunlop provided the fixed-rate loan, mortgage documents ...

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  • 30 May
  • The Real Deal
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Brookfield launches $1B Opportunity Zone fund; eyes Brooklyn, the Bronx

Brookfield CEO Bruce Flatt with an aerial of the Bronx (left) and Brooklyn (right) (Credit: Pixabay and Wikipedia Commons) Brookfield Asset Management is seeking to raise $1 billion for an Opportunity Zone fund, and has targeted ...

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  • 30 May
  • The Real Deal
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Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion

Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images) After two years in Bel Air, Chandler Parsons is looking to take his talents elsewhere. The Memphis Grizzlies forward has listed his mansion for $13.5 ...

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  • 30 May
  • The Real Deal
  • Uncategorized
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From billion to bankrupt: Owner of The Mountain of Beverly Hills files Chapter 11

Victorino Noval and the Mountain of Beverly Hills (Credit: Getty Images and Redfin) UPDATED, May 30, 2:03 p.m.: The owner of The Mountain of Beverly Hills mega-listing has filed for bankruptcy protection, The Real Deal has learned. The ...

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  • 30 May
  • The Real Deal
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SoCal housing market shows signs of life, with a caveat: report

CoreLogic’s Andrew LePage and Orange County (Credit: Wikipedia) Lower mortgage rates and a glut of inventory boosted the Southern California residential market in April, as home sales jumped nearly 12 percent from the month before. ...

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  • 29 May
  • The Real Deal
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