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Month: April 2024

Anaheim Ducks owners swap offices for homes at retail village

The owners of the Anaheim Ducks have shifted plans for a $4 billion retail village in Anaheim with fewer offices and more homes. Henry and Susan Samueli, owners of the NFL hockey team, have filed revised plans to replace 385,000 square ...

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  • 12 Apr
  • The Real Deal
  • Uncategorized
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LA to consider ban for criminal checks on housing applications

The Los Angeles City Council will consider whether to bar landlords from snooping into potential renters’ criminal past and using their records to deny them housing. The council voted 11-0 to reactivate a motion seeking to establish a ...

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  • 11 Apr
  • The Real Deal
  • Uncategorized
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Stockdale sues Mark Weinstein’s MJW over Santa Monica hotel ground lease

Stockdale Capital Partners has started a legal battle over the value of the ground beneath the Le Merigot hotel, just steps away from the ocean in Santa Monica. The investment firm, which owns the leasehold interest in the property, is ...

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  • 11 Apr
  • The Real Deal
  • Uncategorized
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Joel Schreiber extends Hankey loan on LA’s Union Bank Plaza

Joel Schreiber has paid off more than 40 percent of a $75 million loan from Hankey Capital on his Union Bank Plaza building in Downtown Los Angeles, to score an extension on the debt, The Real Deal has learned.  Schreiber’s loan was ...

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  • 11 Apr
  • The Real Deal
  • Uncategorized
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Erewhon owners sell Malibu mansion for $15.5M

Josephine and Anthony Antoci, the owners of upscale supermarket chain Erewhon, sold a Malibu mansion for $15.5 million, The Real Deal has learned. The property, a “beachfront retreat” at 31228 Broad Beach Road, is a six-bedroom, ...

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  • 11 Apr
  • The Real Deal
  • Uncategorized
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Compass agents Tomer Fridman and Sally Forster Jones merge teams

Residential agents Tomer Fridman and Sally Forster Jones are joining forces to form a global luxury team in Beverly Hills. The Fridman Group and The Sally Forster Jones Group, both of Compass, are merging to become Jones Fridman ...

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  • 11 Apr
  • The Real Deal
  • Uncategorized
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State Farm targets wealthy areas of LA for policy non-renewals

A flood of non-renewal notices for home insurance policies from State Farm will hit upscale neighborhoods from Calabasas to Bel-Air, while leaving others relatively unscathed. Illinois-based State Farm General Insurance has released ...

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  • 10 Apr
  • The Real Deal
  • Uncategorized
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Beverly Hills brokers make sense of NAR settlement

A home nestled high up in the zigzags of sprawling Beverly Hills estates played backdrop last week for some of the area’s top agents to debate, hypothesize and agonize over the latest seismic developments around residential real ...

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  • 10 Apr
  • The Real Deal
  • Uncategorized
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Alon Abady pays $17M for Beverly Hills home, puts it on rental market

It took Alon Abady two days to try to recoup his investment after buying a Paul McLean-designed mansion in Beverly Hills for $17 million. Within 48 hours of purchasing the 11,200-square-foot mansion at 1357 Laurel Way, the co-managing ...

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  • 10 Apr
  • The Real Deal
  • Uncategorized
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Measure ULA challenge lands in federal appeals court

Measure ULA is getting another day in court.  Newcastle Courtyards, a group that has fought the measure over the last year, appealed a federal court ruling that dismissed a lawsuit seeking to abolish the City of Los Angeles’ tiered ...

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  • 10 Apr
  • The Real Deal
  • Uncategorized
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