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Month: October 2024

Legendary stays at The Pointe in Burbank with 90K sf lease

Jeff Worthe and Blackstone have enticed Legendary Entertainment to stick around at The Pointe in Burbank. The film studio behind the box-office hit “Dune” renewed 89,749 square feet for another 12 years across part of the 12th floor ...

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  • 17 Oct
  • The Real Deal
  • Uncategorized
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Continuum redraws plan for $2B development next to LA’s Skid Row

Continuum Partners wants to cancel a hotel and build fewer condominiums and more apartments at its $2 billion project in Downtown Los Angeles. The Denver-based developer led by Mark Falcone has filed revised plans for its 10-building ...

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  • 17 Oct
  • The Real Deal
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Lennar looks to build 260 townhomes by Torrance mall

Lennar wants to build 260 townhomes on more than 16 acres in Torrance. The Miami-based developer has filed plans to build the complex at 3405 West Carson Street and 21405-21515 Madrona Avenue, near Del Amo Fashion Center mall, Urbanize ...

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  • 16 Oct
  • The Real Deal
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Wedbush Securities to leave namesake building in DTLA for Pasadena

Wedbush Securities is leaving the desks at its namesake building in Downtown Los Angeles for a smaller office in Pasadena. The locally based stock brokerage is pulling up stakes from its 100,000-square-foot headquarters in the Wedbush ...

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  • 16 Oct
  • The Real Deal
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Celebrity-studded LLC pays $50M for Oscars venue Dolby Theatre

The Dolby Theatre, venue for the Oscars, has traded hands after a year on the market. JEBS Hollywood Entertainment, a limited liability company headed by Hollywood producer Elie Samaha, bought the 3,400-seat theater at 6801 Hollywood ...

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  • 15 Oct
  • The Real Deal
  • Uncategorized
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Jason Oppenheim lambasts Compass’ Robert Reffkin over Clear Cooperation

Jason Oppenheim has entered the Clear Cooperation Policy fray. The president of West Hollywood boutique agency The Oppenheim Group delivered sharp criticism of how Compass CEO Robert Reffkin has pushed to eliminate the four-year-old ...

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  • 15 Oct
  • The Real Deal
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Palisades manse with waterfall and $13M ask tops contract list

The number of signed contracts for luxury houses remains robust in Los Angeles County, with a Pacific Palisades home leading the way last week.   The home at 500 Toyopa Drive with a nearly $13 million ask topped the county’s list of ...

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  • 15 Oct
  • The Real Deal
  • Uncategorized
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Gortikov Capital pays $120M for Santa Monica multifamily portfolio

Bryan Gortikov is poised to overtake Neil Shekhter as the new affordable housing maven of Santa Monica. His Gortikov Capital bought a 399-unit income-restricted multifamily portfolio in the beachside city west of Los Angeles from ...

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  • 15 Oct
  • The Real Deal
  • Uncategorized
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Caruso’s Corinne Verdery wants more residential with Rick’s retail

Rick Caruso’s eponymous firm, Caruso, looks to grow beyond the Golden State and shopping malls. The Fairfax-based retail developer plans to greatly expand its residential projects and build outside California, according to the Los ...

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  • 15 Oct
  • The Real Deal
  • Uncategorized
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KPC breaks ground on $300M hotel in Kroenke’s Hollywood Park

KPC Development has broken ground on a $300 million hotel in Inglewood, the only lodge inside Stan Kroenke’s Hollywood Park and SoFi Stadium development. The unit of Corona-based KPC Group led by Dr. Kali Chaudhuri is building the ...

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  • 15 Oct
  • The Real Deal
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