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Month: January 2022

Former Google CEO buys some elbow room in BHPO

Former Google CEO Buys House Next To Holmby Hills Mansion (Realtor.com, Getty Images) Former Google CEO Eric Schmidt plunked down $300,000 over the $4.9 million asking price of a 1970s house in Beverly Hills Post Office for a small ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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Netflix buys Denny’s restaurant in Hollywood

Netflix co-CEOs Ted Sarandos and Reed Hastings and Denny’s at 1522 Van Ness Avenue (Getty, iStock) Netflix has bought a Denny’s restaurant from the latter’s parent company for $25 million, records show. Located at 1522 Van Ness Avenue, ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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Sacramento mayor pushes first-of-its-kind legislation guaranteeing housing for every resident

Darrell Steinberg, Mayor of Sacramento (City of Sacramento, iStock) Sacramento is considering a first-of-its-kind legal mandate to provide housing for all of its residents – who would also have to accept the housing on offer – sparking ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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Hines targets undervalued properties with $1B fund

Hines CEO Jeffrey Hines (Getty, iStock) Houston-based investment firm Hines is ready to rock with its latest fund, targeting undervalued properties across a wide range of sectors in the United States. The Hines U.S. Property Recovery ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
  •  1

Meta goes mega on Texas office space

400 West Sixth Street in Austin with Meta’s Mark Zuckerberg (Getty) Meta Platforms is making a splash in downtown Austin. The company, formerly known as Facebook, leased all the office space in the Sixth and Guadalupe building, which ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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The Weeknd’s wish list: $22.5M in Westwood

The Weeknd with 1200 Club View Drive in Westwood (Weeknd via Getty, listing photos by Carsten Schertzer for The Luxury Level) Canadian music superstar The Weeknd has put his Westwood penthouse on the market for $22.5 million. Abel ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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Rising Realty sells interest in Park DTLA, switch to life sciences seen

Park DTLA at 261 S Figueroa St. and Ben Pouladian (The Park DTLA, LinkedIn) A five-building office park in Downtown Los Angeles could soon be home to a new life sciences campus under the latest plan to increase the city’s profile in ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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Shekhter sells Canoga Park apartments

Neil Shekhter and 21021 Vanowen Street in Canoga Park (Google Maps, Shekhter by Kevin Scanlon) After selling a massive parcel in Santa Monica to Tishman Speyer and arranging a $125 million loan for two Los Angeles developments, Neil ...

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  • 10 Jan
  • The Real Deal
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Brixmor buys grocery-anchored retail center in Brea

Brixmor Property Group CEO James Taylor and the Brea Gateway Center (Brixmor, Google Maps) Brixmor Property Group has purchased a shopping center anchored by a grocery store in Orange County for $85.7 million. The New York-based REIT ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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“Avatar” producer Jon Landau lists Florida Keys home for nearly $14M

Jon Landau’s home in Plantation Key is on the market for $14M. (Trulia) We see the future of Jon Landau, and it is not in Florida. Record and movie producer Jon Landau has listed his Plantation Key home for the nearly $14 million, the ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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