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Month: December 2023

Matt Cooper gets approval for 10-story office building in Hollywood

Businessman Matt Cooper has won approval to build a 10-story office building in Hollywood. Cooper, a Hollywood filmmaker, received a nod from the Los Angeles City Council to construct the 150,000-square-foot tower at 1000 North Seward ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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Investor Cyrus Nikou buys spec mansion in Encino for $20M

Investment whiz Cyrus Nikou has bought a new 19,300-square-foot mansion with a pickleball court and putting green in Encino for $20 million. The founder of Century City-based Atar Capital purchased the spec home at 3737 North Valley ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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“It’s not a game”: Jay Luchs discusses being an LA real estate player 

Some of the sights on many of Los Angeles’ top retail streets are Jay Luchs’ ubiquitous for lease and leased signs. Luchs, 51, can often be found in these high streets, conducting meetings from his Range Rover,  or scouting the retail ...

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  • 17 Dec
  • The Real Deal
  • Uncategorized
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LA County signs office lease in Long Beach worth $167M

The County of Los Angeles has inked a deal for 207,300 square feet of offices in Long Beach with a 15-year lease valued at nearly $167 million. The county’s Department of Social Services will occupy the offices at 1500 Hughes Way, in ...

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  • 15 Dec
  • The Real Deal
  • Uncategorized
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LA luxury residential agents party like it’s 2021

Many of the L.A. market’s boutique brokerages staged holiday parties like it was the bonanza year of 2021. Some agents for luxe firms danced and drank in nightclubs while others attended unassuming office potlucks. Whatever the format, ...

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  • 15 Dec
  • The Real Deal
  • Uncategorized
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RAFA LA Development files plans for 32 apartments in Pasadena

RAFA LA Development wants to build a 32-unit apartment building in Pasadena. The locally based developer led by Ramzi Mazloum has filed plans to build a three-story complex at 810 North Marengo Avenue, Urbanize Los Angeles reported. It ...

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  • 15 Dec
  • The Real Deal
  • Uncategorized
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Rod Stewart raises price of Beverly Park manor to $80M

As other sellers of luxury homes in L.A. drop their prices, rocker Rod Stewart hiked the price of his Beverly Park estate by $10 million. The British-born singer and songwriter behind such hits as “Da Ya Think I’m Sexy?” has relisted ...

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  • 15 Dec
  • The Real Deal
  • Uncategorized
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LA Mayor’s fast-track housing directive displaces tenants

An emergency order by Los Angeles Mayor Karen Bass to create more affordable housing is displacing residents from rent-controlled apartments who can’t afford to move. Scores of residents have to relocate in the wake of Executive ...

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  • 15 Dec
  • The Real Deal
  • Uncategorized
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Kilroy Realty names REIT veteran Angela Aman as new CEO

Kilroy Realty has named Angela Aman as its new CEO, replacing John Kilroy Jr. who is stepping down next month, the firm announced on Thursday.  Aman is currently the chief financial officer of Brixmor Property Trust, another publicly ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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TADG pitches plan to build apartments above car showroom in Encino

In what may be the first development of its kind in Los Angeles, TADG Real Estate Group has proposed building an apartment tower above a car dealership in Encino. Jason Majzoub of Studio City-based TADG has filed plans to build a ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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