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Month: July 2019

Salary Survey: What top real estate CEOs earn

It’s a case of the haves and have-way-mores when it comes to the earnings collected by the leaders of Los Angeles’ most influential public firms in commercial and residential real estate. As both markets plug along with warnings of a ...

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  • 04 Jul
  • The Real Deal
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OneLegacy organ donation nonprofit buys new HQ in Azusa

1303 Optical Drive with OneLegacy CEO Tom Mone One of the largest organ, eye and tissue donation nonprofits in the world has acquired an office building in the Valley that will serve as its new headquarters. OneLegacy paid $18.4 ...

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  • 03 Jul
  • The Real Deal
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Facebook allows landlords to violate the law: Cuomo

Facebook CEO Mark Zuckerberg and New York Governor Andrew Cuomo (Credit: Getty Images) Facebook’s reputation is taking another hit: this time, it’s for continued claims of alleged fair housing discrimination. Gov. Andrew Cuomo on ...

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  • 03 Jul
  • The Real Deal
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With Spelling Manor now sold, here are LA’s most expensive home listings

There are only a handful of homes in Los Angeles County with nine-figure price tags. In theory, a seller can set any price on a property — see the original $1 billion ask on Mountain of Beverly Hills — but few would add that last zero ...

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  • 03 Jul
  • The Real Deal
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This massive New Jersey retail development finally has an opening date

Rendering of the American Dream project in the Meadowlands After shuffling through developers and dealing with years of delays, American Dream is almost a reality. Triple Five Group has announced that its retail and entertainment ...

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  • 03 Jul
  • The Real Deal
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Airbnb conversion: Hollywood Hills property owner seeks apartment-hotel hybrid

2000 North Highland Avenue (Credit: Google Maps) A Hollywood Hills apartment building owner wants to convert the property to short-term rentals, a move that comes as Los Angeles’ new law restricting Airbnb-type companies take effect. ...

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  • 03 Jul
  • The Real Deal
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A wave of venture capital is pouring into construction tech sector

An office built in a shipping container Investment in the sector totaled $6.1 billion last year, nearly double what was invested in 2017 and a 1,632 percent increase from the $352.1 million invested in 2016, according to the Wall ...

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  • 03 Jul
  • The Real Deal
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As LA County cities expand rent control, Anaheim is pushing back

Anaheim and City Council member Jose Moreno In Los Angeles County, a growing number of cities have passed temporary rent control measures after a statewide referendum to overhaul the rent law failed. In Culver City, officials are now ...

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  • 03 Jul
  • The Real Deal
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Anda Realty buys office building in sprawling Diamond Bar business park

From top left, clockwise: Tryperion Partners Joseph Kessle and Eliot Bencuya, and Muller Company Principals Stephen Muller and John Muller, and 1370 Valley Vista Drive Investment firm Anda Realty Capital has acquired a suburban office ...

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  • 02 Jul
  • The Real Deal
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Las Vegas investor gambles on LA’s multifamily market

13267 W. Moorpark Street (Credit: Google Maps) An apartment building and hotel developer from Las Vegas is placing his bet on the Los Angeles housing market. Ilan Gorodezki filed plans for a 25-unit multifamily project in Sherman Oaks, ...

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  • 02 Jul
  • The Real Deal
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