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Month: February 2025

Kris Jenner asks $14M for Kardashian estate

Kris Jenner has stuck the for-sale sign up on her family’s famed Hidden Hills property that appeared on several seasons of “Keeping Up with the Kardashians.” Jenner has placed the home on the market for $13.5 million, enlisting ...

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  • 07 Feb
  • The Real Deal
  • Uncategorized
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Newsom waives rental price caps in affluent areas around LA

Gov. Gavin Newsom has waived price-gouging rules for rentals in more than two dozen wealthy zip codes in Los Angeles in response to concerns the rules choked off available housing for the thousands of homeless refugees from last ...

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  • 07 Feb
  • The Real Deal
  • Uncategorized
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Brilliant Corners nabs $30M financing for South Bay complex

Brilliant Corners has secured $29.9 million in bond financing to build a 78-unit affordable housing complex in an unincorporated pocket of the South Bay. The Los Angeles County Board of Supervisors approved the financing for the San ...

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  • 07 Feb
  • The Real Deal
  • Uncategorized
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Slatkin brothers dangle $700M recap of 2 Santa Monica hotels

Edward and Thomas Slatkin want to recapitalize two beachfront Santa Monica hotels at $700 million to raise cash to build more than 350 branded residences next door. The owners of the 198-room Shutters on the Beach at 1 Pico Boulevard ...

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  • 06 Feb
  • The Real Deal
  • Uncategorized
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Nasser Matloob eyes 46-unit apartment complex in Tarzana

Tarzana Collection wants to build a 46-unit apartment complex in Tarzana. The Beverly Hills-based developer led by Nasser Matloob has filed revised plans to build the six-story building at 19335 Ventura Boulevard, west of Tampa Avenue, ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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Palisades braces for 30% drop in land values

Early takes on real estate in the Pacific Palisades are being closely watched as the community’s first land sale inches to a close. The first piece of land to go on sale in the Palisades after the start of the fires is asking $999,000, ...

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  • 05 Feb
  • The Real Deal
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Blueground charged with price-gauging LA short-term rentals

Short-term rental start-up Blueground illegally jacked up the cost of its listings in Los Angeles by as much as 56 percent last month, city attorney Hydee Feldstein Soto charged in a complaint filed in California Superior Court Monday. ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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Beverly Hills retreats in fight against builder’s remedy

Beverly Hills’ line in the sand against state-sanctioned builder’s remedy projects is being wiped away by a grand compromise with developers. The affluent city has cut deals with a handful of builders who have employed the state ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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State Farm seeks 38% rate hike on rental buildings

State Farm General wants to raise homeowner insurance rates in California by an average of 22 percent to stanch what it called “dire financial straits” in the wake of the L.A. fires. The property insurer — a subsidiary of ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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Stephen Kotler steps down as Douglas Elliman’s Western region CEO

A shakeup is underway for Douglas Elliman in the West.  Stephen Kotler, a longtime brokerage executive and CEO of the firm’s Western region, is stepping down. Kotler will stay with the firm as a broker, joining his son Max Kotler and ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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