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Author: The Real Deal

Latest CA housing battle once again pits cities and state

No one likes a micromanager–and some cities might say Sacramento is the most annoying taskmaster of them all, particularly as it relates to housing. Last week ended with a committee hearing on Senate Bill 79, a contentious piece of ...

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  • 31 Aug
  • The Real Deal
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Another DTLA office tower in receivership

Chris Rising and his Rising Realty Partners belong in the same sentence as Brookfield when it comes to Downtown Los Angeles these days — but not in a colossus-astride-the-commercial property market sort of way. Rising and partner ...

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  • 30 Aug
  • The Real Deal
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Santa Monica gives developers off-site option on affordable housing

The Santa Monica City Council has made way for a new approach to affordable housing construction in the seaside enclave.  Officials voted 6-1 in the council’s most recent meeting to approve a pilot program allowing developers to build ...

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  • 29 Aug
  • The Real Deal
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Marilyn Monroe’s Brentwood home at center of demolition legal battle

The home where Marilyn Monroe lived her final days could soon become a pile of rubble.  Brinah Milstein, daughter of Cleveland developer Michael Milstein, and her husband, reality TV producer Roy Bank, are looking to tear down the ...

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  • 29 Aug
  • The Real Deal
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Raintree drops $100M on 28-building Ventura apartment complex

Raintree Partners has picked up an apartment complex in Ventura County for $100 million.  The Dana Point-based real estate investment company bought Cypress Point, a 268-unit multifamily property in Ventura, from County Center in a ...

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  • 29 Aug
  • The Real Deal
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Big moves across LA’s commercial real estate: Westwood Financial taps new CEO

Westwood Financial has named a new chief executive: KC Fields. He is replacing Mark Bratt, who stepped down in December after six years at the helm. The Los Angeles-based retail real estate investment company was founded in 1970 by ...

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  • 29 Aug
  • The Real Deal
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Most-expensive Palisades deal this year is house with history

A vintage Pacific Palisades property set this year’s price record for the Los Angeles neighborhood, selling along with a nearby home for a combined $27 million. The Monterey Revival-style home at 14924 Camarosa Drive is the Palisades’ ...

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  • 28 Aug
  • The Real Deal
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Lighthouse Group drops $74M on more Hollywood apartments

The Lighthouse Group bought its second Hollywood apartment complex this year.  The Pacific Palisades-based firm purchased the 218-unit property at 1714 North McCadden Place for $73.9 million, or $338,991 a unit, from an entity ...

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  • 28 Aug
  • The Real Deal
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KMPG brings life to DTLA’s US Bank Tower with 70K sf lease

KPMG is trading one downtown Los Angeles address for another, in one of the largest office leases of the year thus far.  The Netherlands-based accounting and professional services firm signed a lease for nearly 70,000 square feet ...

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  • 28 Aug
  • The Real Deal
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From ashes to assets: Who’s snapping up California’s fire-damaged land?

The buyer pool of burned lots in Southern California’s rebuild is rapidly growing. Last week saw a diverse group of investors, including traditional developers, toymakers and even a California Lottery winner. What’s at stake is laying ...

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  • 28 Aug
  • The Real Deal
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  • Recent Posts

    • Latest CA housing battle once again pits cities and state August 31, 2025
    • Another DTLA office tower in receivership August 30, 2025
    • Santa Monica gives developers off-site option on affordable housing August 29, 2025
    • Marilyn Monroe’s Brentwood home at center of demolition legal battle August 29, 2025
    • Raintree drops $100M on 28-building Ventura apartment complex August 29, 2025
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