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Month: September 2019

With plenty of dry powder, GPI Cos. buys El Segundo manufacturing complex

Angelo Gordon & Company CEO Michael Gordon; and GPI Companies founders Drew Planting and Cliff Goldstein; and 2031 E. Mariposa Avenue GPI Companies has acquired a manufacturing complex leased by toymaker Mattel, less than a month ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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The feud with Compass might be good for Realogy’s stock price

Realogy CEO Ryan Schneider (Credit: iStock) Realogy’s stock got a boost on Monday, following a weekend of intrigue, rumor and conflicting statements surrounding its legal battle with Compass. The company’s stock price jumped more than ...

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  • 09 Sep
  • The Real Deal
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Here are the priciest resi listings in LA County last week

The four top listings (Credit: Zillow and Redfin) Is there is a renewed sense of optimism in the Los Angeles luxury market? The top five homes that hit the market in L.A. County last week were nearly four times more than the total the ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Prolific DTLA affordable housing developer pushes into Van Nuys

Skid Row Housing Trust CEO Lee Ragas A prolific affordable housing developer in Downtown Los Angeles is expanding into Van Nuys, with plans for a 64-unit apartment building. Skid Row Housing Trust filed plans with the city for the new ...

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  • 09 Sep
  • The Real Deal
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Ken Griffin’s many many mansions: Billionaire’s latest is a $99M Palm Beach estate

Collage of Ken Griffin’s properties and Ken Griffin Just when it looked like billionaire hedge funder Ken Griffin was taking a breather from assembling pricey property in Palm Beach — and the world — he has paid $99.1 million for an ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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DWS Group pays $100M for WeHo resi complex

Barings Head of Alternative Investments Anthony Sciacca, and DWS Head of Americas Bob Kendall (Credit: Google Maps) UPDATED, Sept. 9, 2:30p.m.: DWS Group bought one of the larger apartment complexes in West Hollywood. DWS paid $103 ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Crowdfunding platform launches $20M Opportunity Zone fund

CrowdStreet CEO Tore Steen and vice president Darren Powderly (Credit: CrowdStreet and iStock) A crowdfunding platform is piling into Opportunity Zones. CrowdStreet is launching a $20 million fund that will target new developments and ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: Ellen DeGeneres flips for Santa Barbara and Jonah Hill settles down in Santa Monica…and more

Celebrity real estate sales: Ellen DeGeneres, Jonah Hill It may have been a short week, post-Labor Day, but there was plenty of home-selling and buying action among the celebrity set, with real estate savvy Ellen DeGeneres and her ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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South Florida dodged a bullet with Hurricane Dorian. Here’s what that means for the resi market

From left: Nelson Gonzalez, Riley Smith, Jill Hertzberg, Dora Puig, Jim McCann and Dina Goldentayer Though Hurricane Dorian didn’t make landfall in South Florida, it heightened concerns for real estate buyers and brokers, who saw the ...

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  • 06 Sep
  • The Real Deal
  • Uncategorized
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Rent control may be coming to an LA County home near you, a Bird Streets mansion sells at massive loss: Daily Digest

Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page in real time, starting at 9 a.m. PT. Please send any tips or deals to tips@therealdeal.com This page was last updated at 3:30 p.m. PT   ...

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  • 06 Sep
  • The Real Deal
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