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Month: December 2025

Lessons on leadership from John Aaroe

The passing of John Aaroe this week gave an uncommon pause to the ultra-competitive world of luxury residential real estate. It was enough of a pause for a number of top brokers in town to gather their thoughts and note a key quality ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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Post-fire Palisades site tees up mixed-use comeback

A fire-scarred commercial property along Sunset Boulevard in Pacific Palisades could soon get a mixed-use reset, as developers begin to test how far Los Angeles’ post-wildfire rebuilding push can go beyond single-family homes. Keyes ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Focus on TRD Data: $23M Santa Monica home sale tops seaside city’s charts

It took until nearly the end of the year, but Santa Monica has a new market leader in 2025. A home at 2555 La Mesa Drive sold for just shy of $23 million on Dec. 11, knocking two single-family homes, which each went for $14.6 million, ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Rumblings of a deal for EY Plaza — but will it stick?

EY Plaza might have found a buyer.  Morningstar Credit thinks so, the receiver says there’s no contract in place, and the brokerage is keeping its mouth shut. This follows earlier reports by The Real Deal that Colliers — which replaced ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Pimco, Witkoff firm in default on $400M loan tied to Santa Monica apartments

Pacific Investment Management Company and the Witkoff firm have defaulted on a loan of more than $400 million tied to a luxury apartment complex in Santa Monica.  The delinquent loan is connected to The Park Santa Monica, a 249-unit ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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John Aaroe, luxury brokerage owner and agent to the stars, dead at 74

John Aaroe, who was part of the first wave of Los Angeles’ luxury brokerages and a mentor to many of the market’s top talent, died Tuesday. He was 74. A spokesperson for family and friends confirmed Aaroe died in his Rancho Mirage ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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Top OC law firm leaves Santa Ana HQ for new Irvine digs

An Orange County-based law office is relocating its headquarters from Santa Ana to Irvine.  Trial and litigation firm Callahan & Blaine is moving to the top two floors of Newport Gateway, a 12-acre office campus at 19800 and 19900 ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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Pasadena tenants say Hines pulling amenity bait-and-switch

Hines is facing criticism from tenants in Pasadena less than a year after it became the owner of an 140-unit apartment complex.  On Wednesday, members of the Pasadena Gateway Villas Tenants Association said they have faced multiple ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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Douglas Elliman, Newport Beach manager settle legal blows

A legal row brought by Douglas Elliman’s former Newport Beach sales manager against the brokerage and one of its former executives is coming to a close. An attorney for former Newport Beach office Executive Manager of Sales Christina ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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LA Metro drives into Arts District offices with $45M purchase from SteelWave

The latest office building sale in downtown Los Angeles is a bright spot in one of the country’s hardest-hit commercial real estate markets in the post-pandemic years.  L.A. Metro bought the 106,004-square-foot office building at 500 ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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  • Recent Posts

    • Lessons on leadership from John Aaroe December 23, 2025
    • Post-fire Palisades site tees up mixed-use comeback December 22, 2025
    • Focus on TRD Data: $23M Santa Monica home sale tops seaside city’s charts December 22, 2025
    • Rumblings of a deal for EY Plaza — but will it stick? December 22, 2025
    • Pimco, Witkoff firm in default on $400M loan tied to Santa Monica apartments December 19, 2025
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