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Month: May 2026

Brookfield finds buyer for distressed FIGat7th mall it owed $62M on

Brookfield has successfully sold one of its downtown Los Angeles commercial properties as the firm executes a wider disposition of its assets in the area.  JH Real Estate Partners acquired the FIGat7th retail center at 735 South ...

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  • 28 May
  • The Real Deal
  • Uncategorized
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Office landlord Elat wades into multifamily with 100% affordable housing project in Mid-City

A group of bungalows in Mid-City is slated for demolition and replacement with a multifamily residential building.  Mansfield Developments, an affiliate of Elat Properties, filed an application with the Los Angeles Department of City ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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CA condo developers may see litigation relief as reform bill breezes through Assembly

Against the backdrop of a long-mounting statewide housing shortage, California lawmakers seem poised to finally overhaul rules that have choked condo construction for more than two decades.  On Tuesday, the California State Assembly ...

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  • 27 May
  • The Real Deal
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Loan on Oscar De La Hoya’s DTLA office tower sells 

The non-performing note on ex-boxer Oscar De La Hoya’s Downtown Los Angeles office tower sold. The buyer is Farzad Essapour, according to an assignment of deed of trust dated early May.  The price and Essapour’s plan for the real ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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ED1 clears way for 100% affordable workforce housing in Studio City

Studio City is slated to receive several dozen units of workforce housing, thanks to a boost from Parkview Financial.  MDNI Group is planning to build 51 units of workforce housing at 12750 Moorpark Street in Studio City, L.A. Business ...

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  • 27 May
  • The Real Deal
  • Uncategorized
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Century City home poised for demolition, transformation into apartments

Another developer is looking to turn the site of a single-family home into apartments, this time in Century City.  Project developer Mehrzad Shirani Lapari submitted an application to the Los Angeles Department of City Planning to ...

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  • 27 May
  • The Real Deal
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We’ll always have Beverly Hills: “Casablanca” director’s former mansion lists for $25M

Of all the mansions in Beverly Hills, a well-positioned buyer can walk into one with nearly a century of Hollywood history.  The mansion at 1017 North Roxbury Drive, once owned by “Casablanca” director Michael Curtiz, is for sale for ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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“Frothing” multifamily market as hikes in overhead push mom-and-pops out

As Los Angeles regulatory policies and increasing operating costs drive out mom-and-pop landlords, the city’s rental landscape is undergoing an ownership shift with implications for pricing and housing stock quality.  “Demand to sell ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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Old houses near Pasadena metro line slated for multifamily redevelopment

Two single-family homes in Pasadena are poised to be demolished to make way for multifamily housing.  TJ Unity LLC and architect Steven Chen filed plans to construct a four-story building with 40 apartments at 1045-1055 Locust Street, ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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Charter school buys Bolour’s Hollywood campus, skirts ULA tax 

Larchmont Charter School purchased a Hollywood campus from Bolour Associates for $20.5 million, according to Los Angeles County records dated mid-April.  The real estate, which is on 6325, 6331-6363 Santa Monica Boulevard and 1115-1125 ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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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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