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Month: August 2024

Fashion Nova’s Richard Saghian Buys Beverly Hills HQ for $118M

Fashion Nova founder and CEO Richard Saghian just paid $118 million for a new Beverly Hills headquarters as he bets big on the local office market. The 175,000-square-foot building at 407 North Maple Drive, bought off market from ...

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  • 28 Aug
  • The Real Deal
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Pacific Palisades manse with indoor basketball court seeks $49M

A Pacific Palisades estate listed at $48.9 million, complete with basketball court and panoramic views, could set a new record for the tony neighborhood. The six-bed, 10-bath home at 16058 Anoka Drive sits on nearly an acre lot.  The ...

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  • 27 Aug
  • The Real Deal
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Bidders drive price of Ziggurat building in Laguna Niguel to $152M

Bidders for a federal office building known as the Ziggurat in Laguna Niguel have driven the price to nearly $152 million, more than twice the auction’s starting price. The bidding war has extended the auction by the General Services ...

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  • 27 Aug
  • The Real Deal
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Marks moves ahead with Art Deco-inspired tower on the Miracle Mile

The family of real estate broker Walter Marks has moved forward with plans to redevelop vintage buildings on the Miracle Mile with a 42-story Art Deco-inspired housing tower. Walter N. Marks Inc., run by Walter Marks III, has had an ...

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  • 27 Aug
  • The Real Deal
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Lendistry launches home loan division in six states

Lendistry, a non-bank lender for small businesses, has expanded into home mortgages. The Downtown Los Angeles-based lender has launched Lendistry Home Loans, a division to provide home loans to underserved communities in California, ...

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  • 27 Aug
  • The Real Deal
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Malibu claims top two spots on LA luxury home contracts list

Malibu luxury home sales aren’t letting off the gas, with last week’s top two homes under contract coming from the beachside city. At the top of the Eklund Weekly Luxury Report LA’s list is the carbon neutral Zero One estate at 11865 ...

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  • 27 Aug
  • The Real Deal
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House for car collector on LA’s Bird Streets finds buyer at $21M

A Bird Streets home apt for a car collector has landed a new owner for $21 million. The Mid-Century-inspired home at 9211 Nightingale Drive originally hit the market for $24.5 million about a year ago before turning into a rental. The ...

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  • 27 Aug
  • The Real Deal
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California state senator backs plan for homes on Rowland Heights golf course

RV Dev’s controversial plan to build 360 homes on a golf course in Rowland Heights has received a boost from state Sen. Bob Archuleta. Archuleta, D-Norwalk, endorsed the proposal by the Irvine-based developer controlled by an LLC run ...

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  • 27 Aug
  • The Real Deal
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Goldfin Ventures to replace South LA church with affordable housing

Goldfin Ventures wants to replace a shuttered church in Historic South-Central with a 92-unit affordable housing complex. The Saratoga-based developer led by Vinu Krishnamurthy has filed plans to build the five-story complex at 665 ...

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  • 27 Aug
  • The Real Deal
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Newsom sides with developer on Beverly Hills apartment highrise

Gov. Gavin Newsom has put Beverly Hills on notice for violating state housing law in rejecting a 19-story apartment tower proposed by developer Leo Pustilnikov. The governor and state housing regulators urged Beverly Hills to approve ...

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  • 27 Aug
  • The Real Deal
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