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Month: September 2024

California insurance official takes heat over proposed reforms

California Insurance Commissioner Ricardo Lara is in the hot seat. Just before the public official outlined reforms to stave off an exodus of insurance companies from the state, homeowners and consumer advocates gathered on the steps ...

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  • 19 Sep
  • The Real Deal
  • Uncategorized
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Hackman Capital and Samitaur to manage 26 buildings in Culver City

Hackman Capital Partners has partnered with Laurie Samitaur Smith of Samitaur Constructs to manage a 26-building, mixed-use portfolio in Culver City. The locally based Hackman teamed up with the Culver City-based developer to oversee ...

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  • 18 Sep
  • The Real Deal
  • Uncategorized
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Floyd Mayweather Jr. asks $48M for Beverly Hills estate

Former pro boxer Floyd Mayweather Jr. just placed his Beverly Hills mansion on the market with a $48 million ask as he ramps his activity back up in the ring. If sold for anywhere near its ask, the home would mark the priciest deal in ...

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  • 18 Sep
  • The Real Deal
  • Uncategorized
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Sue Gross looks to sell another Beverly Hills home with $35M listing

Billionaire Sue Gross, ex-wife of billionaire bond king Bill Gross, is looking to offload another Beverly Hills manse. Gross is asking $35 million for her four-bed, five-bath home at 984 North Alpine Drive. She has enlisted Carolwood ...

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  • 18 Sep
  • The Real Deal
  • Uncategorized
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Long Beach to help homeowners build granny flats

Long Beach wants to support its backyard grannies. The city has launched a program to help homeowners build accessory dwelling units, or granny flats, on their property, the Long Beach Press-Telegram reported. The Backyard Builders ...

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  • 18 Sep
  • The Real Deal
  • Uncategorized
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J.Lo talks withLubov Azria and Ron Burkle to buy LA mansion

Jennifer Lopez has waded into a contract dispute over the sale of a 30,000-square-foot mansion in Holmby Hills, hoping to snag the historic estate for between $30 million and $39 million. The A-list actress, in the middle of a breakup ...

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  • 18 Sep
  • The Real Deal
  • Uncategorized
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UCLA picks up 62-unit apartment complex in West LA for $39M

UCLA has bought a nearly completed complex with 62 apartments in West Los Angeles for $39 million. The University of California paid cash for the five-story Canfield Apartments at 3301 South Canfield Avenue, in Cheviot Hills, the ...

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  • 17 Sep
  • The Real Deal
  • Uncategorized
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Spanish Colonial compound tops list of LA County homes under contract

Measure ULA tax or not, Los Angeles agents are moving forward in the luxury residential market.   That’s reflected in the latest Eklund Weekly Luxury Report LA, which tallies signed contracts of Los Angeles County homes listed in the ...

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  • 17 Sep
  • The Real Deal
  • Uncategorized
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Rexford Industrial signs tenant for 276K sf warehouse in Ontario

Rexford Industrial Realty has landed a mystery tenant for a 276,000-square-foot warehouse in Ontario. The Sawtelle-based real estate investment trust leased the warehouse to the undisclosed third-party logistics firm at 500 Dupont ...

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  • 17 Sep
  • The Real Deal
  • Uncategorized
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Zillow co-founder Spencer Rascoff on why Pacaso is absolutely not a timeshare

Spencer Rascoff turned Zillow into a powerhouse for residential real estate.  Zillow’s sites and apps, used by some looking to buy a new home and by most as a way to see the estimated value of their wealthy friend’s home, has 231 ...

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  • 17 Sep
  • The Real Deal
  • Uncategorized
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