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Author: The Real Deal

Los Angeles’ oldest film studio lot up for sale amid shaky production space market

Los Angeles’ longest continuously operating film studio is up for sale as film and TV productions continue to flee the state.  Occidental Studios’ 3-acre Main Lot at 201 North Occidental Boulevard in Rampart Village is on the market ...

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  • 20 Jun
  • The Real Deal
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Paris Hilton pays $63M for Mark Wahlberg’s former Beverly Park estate

Beverly Park can add another A-lister to its celebrity-filled gated community in Paris Hilton and husband Carter Reum. The couple dropped $63.1 million for 71 Beverly Park, nabbing a discount on the compound once owned by Mark ...

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  • 20 Jun
  • The Real Deal
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Caruso: ICE raids fuel “terrible problem” for construction, business

The jolt sent through construction and other industries from U.S. Immigration and Customs Enforcement raids continues to inject uncertainty across workforces in Los Angeles and the rest of the country. The raids, which began with ...

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  • 20 Jun
  • The Real Deal
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Historic Koreatown apartments slated for 53-unit redevelopment

A small Koreatown apartment building dating back to the 1940s is potentially headed for a six-story redevelopment.  Barkley Development’s Abolhassan Arefi has filed an application with the Los Angeles Department of City Planning to ...

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  • 20 Jun
  • The Real Deal
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Italian Renaissance-inspired Hancock Park mansion hits market for $20M

 A 100-year-old Hancock Park mansion inspired by the Italian Renaissance is available for just under $20 million.  The 17,000-square-foot property at 107 Fremont Place is on the market for about $19.9 million, Mansion Global reported. ...

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  • 20 Jun
  • The Real Deal
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Kravets office portfolio’s $68M loan heads to special servicing

Norman Kravets is running into trouble with his firm’s sprawling Los Angeles County office portfolio that includes the Los Angeles Rams headquarters. A $67.5 million commercial mortgage-backed securities loan to affiliates of the ...

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  • 18 Jun
  • The Real Deal
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Brentwood family puts custom home on market for $45M

Saeed Kohanoff and his son Justin Kohanoff built the family’s dream home in Brentwood. Now, they’re shopping 822 North Kenter Avenue for $45 million, after the elder Kohanoff’s two youngest children left home for college. “We built it ...

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  • 18 Jun
  • The Real Deal
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Fashion Nova’s Richard Saghian buys $32M “temporary” abode on edge of Beverly Hills

Richard Saghian, who acquired the “The One” megamansion for a record $141 million, needed a temporary home. The owner of fast-fashion company Fashion Nova dropped $32 million in cash on 1414 Donhill Drive, a six-bedroom, seven-bathroom ...

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  • 18 Jun
  • The Real Deal
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Orange County outpaces Los Angeles in office conversions, fundamentals

Orange County has millions more square feet of conversions in the pipeline than Los Angeles, which has about three times the population. The O.C. has 4.2 million square feet of office space earmarked for conversion to another use. That ...

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  • 18 Jun
  • The Real Deal
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Mark Wahlberg’s former Beverly Park pad goes into contract with $68M ask

Well, that was a quick stay. A little over two years ago a reported billionaire couple snagged a deal to buy Mark Wahlberg’s former Beverly Park pad for $55 million. Now, a new buyer has been found, with a deal pending on the property ...

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  • 18 Jun
  • The Real Deal
  • Uncategorized
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