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Month: October 2025

Frustrated by slow rebuilding approvals, Malibu owners opt to sell

Rebuilding efforts in Malibu nine months after the deadly Palisades fire have barely gotten underway.  While owners in the Pacific Palisades next door and Altadena across town have gotten hundreds of rebuild permits, the City of Malibu ...

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  • 23 Oct
  • The Real Deal
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Textile manufacturer Northwest Group inks 159K sf lease in Inland Empire

Textiles manufacturer Northwest Group isn’t keeping itself in a holding pattern amid larger economic concerns for the industrial market.  The Garden City, New York-based company signed a 61-month, 158,730-square-foot lease at First ...

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  • 23 Oct
  • The Real Deal
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Arhaus opens its biggest showroom to date in historic Old Pasadena building

Arhaus has set a new company record with its new location in Old Pasadena.  The upscale home furnishings retailer has opened its largest showroom yet at the historic Penn Oil Building in Old Pasadena, L.A. Business First reported. The ...

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  • 23 Oct
  • The Real Deal
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$50M beach mansion sale sets San Diego record

A newly built beachfront compound in Del Mar has set a record as the most expensive residential sale in San Diego County with a $50 million close.  The buyer is undisclosed, while the seller is a limited liability company linked to ...

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  • 22 Oct
  • The Real Deal
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Snapchat’s former Venice offices sell for $31M

Two, three-story, mixed-used oceanfront buildings in Venice sold for $30.7 million, according to property records. The buildings, at 619 and 701 Ocean Front Walk, were once home to Snapchat when the social media company was ...

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  • 22 Oct
  • The Real Deal
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Parent company of LA Fitness brings upscale gym concept to shopping center in its hometown

Fitness International, the Irvine-based parent company of LA Fitness, is expanding its boutique fitness concept named Club Studio with a new location at Orchard Hills Shopping Center in Irvine.  The proposed 18,300-square-foot facility ...

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  • 22 Oct
  • The Real Deal
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Who is Stephen Cloobeck, money leader in race for governor?

Millionaire Stephen Cloobeck, who is running for governor of California as a Democrat, knows that throwing money at a challenge doesn’t always work. The time-share entrepreneur saw the 2020 end of his five-month relationship with ...

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  • 22 Oct
  • The Real Deal
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Austin Russell’s “Succession” mansion among burned Pacific Palisades properties declared public nuisance

The remains of a burned Pacific Palisades mansion owned by Luminar Technologies’ 30-year-old founder and featured on HBO’s hit series “Succession” have been condemned.  The home at 1601 San Onofre Drive is one of eight properties in ...

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  • 22 Oct
  • The Real Deal
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Banc of California commits to DTLA with office lease, naming deal 

Banc of California’s name will soon loom over downtown Los Angeles.  The financial institution, one of the biggest banks in California, has signed an 11-year lease for 40,000 square feet at 865 South Figueroa Street, CoStar reported. ...

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  • 21 Oct
  • The Real Deal
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California real estate investor Andrew Stupin linked to $270M in bad loans

A longtime California real estate investor has been implicated in lawsuits involving hundreds of millions of dollars in loan debt.  Andrew Stupin has been sued by Banc of California, Enterprise Bank & Trust and Nano Banc as they ...

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  • 21 Oct
  • The Real Deal
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  • Recent Posts

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