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Month: September 2025

Long Beach senior housing development gets $80M financing boost

A planned luxury senior housing community in Long Beach has received an $80 million tranche of financing.  Sunrise Senior Living and Quality Senior Housing Foundation have secured the tax-exempt bond financing for Sunrise of Long ...

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  • 10 Sep
  • The Real Deal
  • Uncategorized
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Jamison faces downtown office foreclosure after sale collapsed

Foreclosure is underway for the Jamison Properties-owned office building at 811 Wilshire Boulevard, after the landlord defaulted on debt connected to the property and a deal to sell it fell apart.   Jamison had a buyer under contract ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Trump orders secrecy on $500M vets housing project at Westwood VA LOCAL

President Trump’s planned veteran housing community in West Los Angeles is moving forward under a shroud of secrecy. The Department of Veterans Affairs is purportedly requiring everyone associated with the project’s planning, including ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Corinthia’s Beverly Hills spree snares priciest office deal this year

Corinthia Hotels International is growing its planned redevelopment portfolio in Beverly Hills.  An entity affiliated with the Malta-based hotel owner and manager bought the office building at 9800 Wilshire Boulevard and an adjoining ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Measure ULA pushes city housing funds to record level

The Los Angeles Housing Department is preparing to distribute $387 million to developers across the city to build affordable multifamily residences, marking the biggest such allocation of funds from the Housing Department in the ...

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  • 08 Sep
  • The Real Deal
  • Uncategorized
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Cress Capital spends $41M on discounted Newport Beach office 

Cress Capital has added a discounted office building in Newport Beach to its collection.  The Newport Beach-based real estate company bought the 215,000-square-foot building at 1301 Dove Street for $41 million, the Orange County ...

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  • 08 Sep
  • The Real Deal
  • Uncategorized
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Back-to-school bump in LA as signed contracts reach $138M

Los Angeles County’s residential market showed signs of life in the first week of September. Nineteen homes went into contract, which was good for a total asking volume of $137.5 million. That’s three more signed contracts and an 8.7 ...

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  • 08 Sep
  • The Real Deal
  • Uncategorized
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Pasadena prepares to advance $83M senior affordable housing complex

Pasadena is poised to add a 100-unit affordable housing complex for seniors to the city’s Civic Center.  The Pasadena City Council is slated to vote today on key portions of an amended development and lease agreement with nonprofit ...

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  • 08 Sep
  • The Real Deal
  • Uncategorized
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Here’s LA County’s priciest multifamily building sale of 2025

The biggest multifamily sale in Los Angeles County so far this year is Greystar’s April acquisition of a Glendale property, according to Los Angeles County tax assessor records through June 23. Boca Raton-based developer Mill Creek ...

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  • 08 Sep
  • The Real Deal
  • Uncategorized
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Debt for sale: Lenders want out of Brookfield-owned DTLA office

Lenders are looking to sell the debt connected to the Brookfield-owned EY Plaza after a deal to purchase the distressed downtown office tower fell apart.  Colliers peddled the $275 million non-performing loan in an offering memorandum, ...

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  • 07 Sep
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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