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Month: May 2026

Daniel Negari does it again on WeHo hotel

Pebblebrook just announced that it sold another WeHo hotel, but left the buyer a mystery.  My kneejerk reaction: Is it Daniel Negari, again? I recently profiled Negari for TRD’s monthly magazine — a piece you can read here — and this ...

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  • 31 May
  • The Real Deal
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Beverly Hills stays hot, state legislature on relief for condo market and more

Beverly Hills continues to rack up big-money listings and sales, a trend the wealthy enclave likely owes in part to being beyond the reach of Measure ULA. On the sale side, a more than 10,000-square-foot manse at 703 North Arden Drive ...

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  • 30 May
  • The Real Deal
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Beverly Hills fourplex poised to give way to seven-story multifamily building

A small residential building between the Beverly Center and the heart of Beverly Hills could be demolished in favor of a taller multifamily structure.  The Beverly Hills Planning Commission is reviewing a project from Oakhurst ...

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  • 29 May
  • The Real Deal
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Relief from LA’s mansion tax still appears a pipe dream

If the chair of the Los Angeles City Council’s committee on Measure ULA has her way about the future of the so-called mansion tax, the real estate industry should brace itself. Los Angeles City Council Member Ysabel Jurado, who ...

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  • 29 May
  • The Real Deal
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SoLa Impact gets City Council nod for modular housing facility in South LA

With modular housing proving to be a well-timed option for Palisades and Eaton fire victims, Los Angeles officials and SoLa Impact are looking to bring production of those units closer to the city.  The Los Angeles City Council voted ...

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  • 29 May
  • The Real Deal
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Walmart buys its IE distribution facility from State Street for $223M

Walmart doesn’t seem to be fazed by the Inland Empire’s shaky industrial market fundamentals.  The Arkansas-based retail giant has purchased its distribution facility in Riverside for $223 million, L.A. Business First reported. The ...

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  • 29 May
  • The Real Deal
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Post Investment snags Van Nuys apartments from Nuveen for $69M

Nuveen has offloaded a five-building apartment complex in Van Nuys to a locally based real estate firm.  Beverly Hills-based Post Investment Group purchased the 390-unit San Regis apartments at 15454 Sherman Way in Van Nuys for roughly ...

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  • 28 May
  • The Real Deal
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Beverly Hills manse snags $24M after less than a month on market

Westside Estate Agency nabbed the priciest resi contract in Los Angeles County last week with a manse asking $25 million. The home at 703 North Arden Drive in the coveted Beverly Hills’ 90210 zip code, which spans more than 10,000 ...

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  • 28 May
  • The Real Deal
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Mixed-income multifamily pitched for single-family lots in Culver City

Two low-slung residential buildings in Culver City are poised to be demolished for a taller multifamily structure.  An application filed with the city calls for the construction of a six-story residential building at 4076-4080 ...

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  • 28 May
  • The Real Deal
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Hackman sues Erewhon alleging unpaid rent to the tune of $275K

Hackman Capital Partners is suing Erewhon over unpaid rent — claiming its luxe Culver Steps tenant owes more than $275,000, in a breach-of-contract complaint dated May 21.  Their lease agreement was made in June 2021, began June 2023 ...

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  • 28 May
  • The Real Deal
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  • Recent Posts

    • Rockpoint grabs Westwood apartments as local market faces supply stress  June 11, 2026
    • Orange County hits ultra-luxury upper echelon with $110M mansion sale June 11, 2026
    • Wellpointe plots 3.5K-unit affordable senior housing complex in Warner Center June 11, 2026
    • Developers in Pasadena pursue more multifamily projects in single-family neighborhoods June 11, 2026
    • Receiver requested on DTLA’s Metropolitan after Fallas family’s $32M default June 11, 2026
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