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Month: April 2025

US Attorney launches task force on fraud in SoCal homelessness programs

Federal prosecutors have launched a probe into waste and corruption tied to money to fight homelessness in Southern California, without any evidence of wrongdoing. Newly appointed U.S. Attorney Bill Essayli announced a Homelessness ...

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  • 09 Apr
  • The Real Deal
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Still no permits for rebuild in Altadena

It has been three months since a wall of fire ripped through Altadena, torching 9,000 mostly single-family homes — and Los Angeles County hasn’t issued one permit to rebuild them. The Board of Supervisors voted unanimously to create a ...

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  • 09 Apr
  • The Real Deal
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Miami-based investor buys into OC’s South Coast Metro for $240M

Crescent Heights has bought a 350-unit luxury apartment complex in Santa Ana for $240 million. The Miami-based investor led by Sonny Kahn, Russell Galbut and Bruce Menin bought the two-building Skyline at MacArthur Place at 15 ...

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  • 08 Apr
  • The Real Deal
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$58M Brentwood multifamily building sale sets per-unit record

A Japanese family office has picked up a Brentwood multifamily building for $58.1 million, the city’s most-expensive price per unit in years, according to a broker on the deal. Famh Group acquired BW, a 78-unit apartment building at ...

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  • 08 Apr
  • The Real Deal
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Late BCBG founder’s Holmby Hills manse tops last week’s LA contracts

The Azria Estate, which was most recently listed for $39 million, led the pack of Los Angeles County homes that went into contract last week. Douglas Elliman’s Eklund Gomes team said in its weekly roundup the Holmby Hills mansion owned ...

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  • 08 Apr
  • The Real Deal
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From Middle East to 90210: Offshore buyers snap up 2 boutique hotels in Beverly Hills

A joint venture from the Middle East has purchased two boutique hotels in Beverly Hills for an undisclosed price. Malta-based Corinthia Group and Kuwait-based Action Real Estate bought the 44-room Maison 140 at 140 South Lasky Drive ...

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  • 08 Apr
  • The Real Deal
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LA Rams unveil $10B Warner Center headquarters project

Los Angeles Rams owner Stan Kroenke envisions a $10 billion redevelopment of Warner Center in Woodland Hills. In the next few weeks, the billionaire developer intends to file plans for the 100-acre NFL team headquarters, residential ...

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  • 08 Apr
  • The Real Deal
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Coast to coast: Californians are ditching the Golden State for Palm Beach

Palm Beach buyers have always come from the Northeast — affluent families journey from New York, Connecticut and New Jersey to the island for tropical refuge. Now, agents say a new crowd is coming to town: the Californians. “Over the ...

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  • 08 Apr
  • The Real Deal
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City Council looks to take Measure ULA funds for wildfire aid

The City of Los Angeles wants to dip into “mansion tax” funds to help pay the rent of refugees from the Pacific Palisades fire. The City Council unanimously voted to study whether the city can reallocate $15 million in Measure ULA ...

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  • 07 Apr
  • The Real Deal
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Round 1 signs 19K sf deal for 8 Asian restaurants in WeHo

A multi-restaurant Asian concept will open the doors to its first Los Angeles location this year, with the inking of a lease at The Now mixed-use property in West Hollywood. Round 1 Delicious has taken 19,300 square feet at The Now, ...

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  • 07 Apr
  • The Real Deal
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  • Recent Posts

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