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Month: June 2025

Jessica Alba finds buyer for Oak Pass Road manse asking $19M

Jessica Alba has found a buyer for her Oak Pass Road estate. The actress and Honest Company co-founder’s home at 9540 Oak Pass Road in Beverly Hills Post Office went into contract last week with an asking price of just under $19 ...

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  • 30 Jun
  • The Real Deal
  • Uncategorized
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Nordstrom to close 122K sf Santa Monica Place store

Nordstrom is shuttering its Santa Monica location amid a company-wide refocus on alternative retail experiences.  On Aug. 26, the department store will permanently close its outpost in the Santa Monica Place mall at 220 Broadway, the ...

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  • 30 Jun
  • The Real Deal
  • Uncategorized
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Condo “fixer” Centurion looks to breathe new life into Mandarin Oriental, The Harland

Centurion Real Estate Partners fancies itself the turnaround specialist of the condominium world.  In Los Angeles it’s looking to turn a page and jumpstart sales for its Mandarin Oriental Residences in Beverly Hills and The Harland in ...

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  • 30 Jun
  • The Real Deal
  • Uncategorized
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Altadena business owners await insurance payouts, expect insufficient sums

As rebuilding efforts continue in Altadena after January’s deadly wildfires, some business owners expect they’ll be left out in the cold.  The commercial property owners have had mixed success navigating the web of the insurance ...

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  • 30 Jun
  • The Real Deal
  • Uncategorized
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California construction workers clash over proposed minimum wage changes

As Gov. Gavin Newsom aims to streamline housing construction as part of the state’s budget, California legislators are wrestling with a new proposal that could tie up negotiations at the last minute. In the latest iteration of a budget ...

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  • 30 Jun
  • The Real Deal
  • Uncategorized
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CGI+ offloads 5-acre Torrance development site to JPI for $40M

CGI+ Real Estate Strategies, the multifamily investment firm founded by Gidi Cohen, has sold a fully entitled Los Angeles development site to JPI for $40 million, The Real Deal has learned. The 4.9-acre, shovel-ready property, at ...

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  • 30 Jun
  • The Real Deal
  • Uncategorized
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Fast-track to recovery: Case Study 2.0 offers blueprint for LA’s wildfire rebuild

An old idea just got a new life as architects and builders think about how to best — and quickly — rebuild Altadena, Pacific Palisades and Malibu after January’s wildfires. Los Angeles land use firm Crest Real Estate assembled over 40 ...

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  • 28 Jun
  • The Real Deal
  • Uncategorized
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Los Angeles office market draws law, finance firms as tech, entertainment retreat

Los Angeles might be known for entertainment and technology, but over the past year, those industries have given way to other types of companies when it comes to taking office space.  Since last year, office absorption in L.A. has ...

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  • 27 Jun
  • The Real Deal
  • Uncategorized
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JRK Property grabs Sherman Oaks apartments in $300M bicoastal deal 

JRK Property Holdings is adding a Sherman Oaks apartment complex to its portfolio as part of a more than $300 million deal.  The Los Angeles-based investment firm spent a combined $315 million on the Chase Knolls apartments in Sherman ...

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  • 27 Jun
  • The Real Deal
  • Uncategorized
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Tinder co-founder makes match with $69M retail buy in Hollywood

Tinder co-founder Justin Mateen is growing his retail holdings in Los Angeles with a new acquisition on the Hollywood Walk of Fame.  Justin Mateen, along with his brother Tyler Mateen, bought the Hollywood Galaxy shopping center and ...

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  • 27 Jun
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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