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Month: September 2022

August signed contracts drop 25% in LA, report says

Miller Samuel’s Jonathan Miller (Getty, Miller Samuel Inc.) Inventory is up for Los Angeles’ market for single family homes, according to a Douglas Elliman report compiled by the Miller Samuel Real Estate Appraisers. But signed ...

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  • 23 Sep
  • The Real Deal
  • Uncategorized
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32-unit apartment complex planned for Hyde Park

A rendering of 4827 South Crenshaw Boulevard (Hopson Rodstrom Design) A former nursery school in Hyde Park could turn into a 32-unit apartment complex. A firm based at the Santa Monica office of Taylor Made Homes filed plans to build ...

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  • 23 Sep
  • The Real Deal
  • Uncategorized
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Burrito chain leases at historic newspaper building in Pasadena

From left: Greenbridge Investment Partners’ Sean Hashem and Fareed Kanani with 525 E. Colorado Blvd (Getty, Loopnet, Greenbridge) A historic newspaper building in Pasadena has gone from rolling papers off its presses to rolling ...

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  • 23 Sep
  • The Real Deal
  • Uncategorized
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Altman Brothers to open office in Corona Del Mar

From left: Altman Bro’s Josh Altman, Heather Altman, and Matt Altman (Douglas Elliman, Getty) After a few years of selling homes in Orange County, The Altman Brothers are showing they are serious about the market barely an hour’s drive ...

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  • 23 Sep
  • The Real Deal
  • Uncategorized
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First tenant signed at Simi Valley industrial park

Stream Realty Partners’ Mike McVean, QuadReal’s Dennis Lopez, and Stream Realty Partners’ Lee Belland with 1800 Tapo Canyon Rd (LinkedIn, Loopnet, Stream, QuadReal, Getty) Developers of a five-building industrial park in Simi Valley ...

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  • 22 Sep
  • The Real Deal
  • Uncategorized
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ICO wants $70M for shuttered Mayfair hotel in DTLA

Mayfair hotel at 1256 West 7th Street (TripAdvisor, Getty) ICO Group of Companies has put a shuttered hotel in Downtown L.A. up for sale, The Real Deal has learned. An entity linked to the L.A.-based investment firm is listing the ...

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  • 22 Sep
  • The Real Deal
  • Uncategorized
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Real estate takes center stage at LA mayoral debate

Candidates Rick Caruso and Karen Bass (Getty) For 55 minutes on Wednesday evening, L.A. mayoral candidates Rick Caruso and Karen Bass stood behind podiums on stage at the Skirball Cultural Center, trading mostly civil talking points in ...

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  • 22 Sep
  • The Real Deal
  • Uncategorized
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710 stub in Pasadena could take 10 years to develop

Pasadena Councilman Tyron Hampton with 710 stub (City of Pasadena, Getty) Redeveloping a nearly 50-acre swath known as the 710 stub in Pasadena would take a decade, city officials say. That was the conclusion made in early planning ...

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  • 22 Sep
  • The Real Deal
  • Uncategorized
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Sprawling Malibu spec house sells for $38M

5012 Carbon Beach Terrace in Malibu (Redfin) A deal has closed for one of Malibu’s pricier listings, the $38 million mansion at 5012 Carbon Beach Terrace. The 12,000-square-feet property sold for $3,123 per square foot on Sept. 21. The ...

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  • 22 Sep
  • The Real Deal
  • Uncategorized
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A.J. Khair to add 65 apartments to Hollywood inventory

A photo illustration of A.J. Khair principal Demetri Samaha along with renderings of 1919 North Wilcox Avenue (A.J. Khair, GA Engineering, Inc., Getty Images) Development and construction firm A.J. Khair has submitted plans for a ...

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  • 22 Sep
  • The Real Deal
  • Uncategorized
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