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Author: The Real Deal

Price revealed in Ben Ashkenazy’s Beverly Hills, Saks Global deal

Ben Ashkenazy’s recent Beverly Hills buy that made him one of the largest retail landlords in the city’s glitzy shopping district came out to $50 million, records reveal.  In late December, his New York City-based Ashkenazy Acquisition ...

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  • 12 Jan
  • The Real Deal
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Inland Empire warehouse sells for $57M

An industrial and office building in the Inland Empire has traded hands for $57 million.  Santa Fe Springs-based investment and management firm Orden Company bought the nearly 257,000-square-foot warehouse and office property at 875 ...

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  • 12 Jan
  • The Real Deal
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Tony Pritzker’s LA mansion gets $40M price cut

The sprawling Pritzker Estate in Beverly Glen has taken a sizable price cut.  The hilltop mansion at 1261 Angelo Drive owned by billionaire Tony Pritzker, brother of Illinois Gov. J.B. Pritzker, is now on the market for $135 million, ...

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  • 12 Jan
  • The Real Deal
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Focus on TRD Data: $6M February deal tops Agoura Hills single-family sales list

A $6.1 million deal in February notched the No. 1 spot on Agoura Hills’ single-family house sales list in the first three quarters of 2025, according to Los Angeles County tax assessor data. The home, at 28888 Lake Vista Drive, sold on ...

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  • 12 Jan
  • The Real Deal
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Hankey goes Hollywood with Kilroy deal 

Kilroy Realty has made another move to reshape its portfolio, shedding another not-so-occupied property as the company faces a wave of lease expirations.  The deal for the Sunset Media Center looks like a discount for joint venture ...

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  • 11 Jan
  • The Real Deal
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Airing frustrations, looking ahead on Palisades, Eaton wildfires

One year later and people are mad as hell. Open up a news story from this past Wednesday, the one-year anniversary of the Palisades and Eaton fires, and the answer to what, precisely, they’re made about is muddled. Bloomberg asked its ...

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  • 11 Jan
  • The Real Deal
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Newsom joins Trump in targeting big investors buying homes

Gov. Gavin Newsom is taking aim at institutional investors making purchases in the residential market.  Following a similar announcement by President Donald Trump, Newsom is planning to work with local legislators to prevent private ...

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  • 09 Jan
  • The Real Deal
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Billionaires flee California as 5% wealth tax ballot measure looms

Billionaires are leaving California in droves in the face of a ballot initiative seeking to place a 5 percent tax on their wealth.  At least six dozen billionaires left the Golden State before the new year and more than a dozen others ...

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  • 09 Jan
  • The Real Deal
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59 townhomes plotted for empty lot in Pomona

Several dozen townhomes are slated to rise on an empty lot in Pomona.  G3 Urban is seeking approval for its Foothill Place plan, which calls for the construction of 59 attached condominium units at 700 East Foothill Boulevard, Urbanize ...

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  • 09 Jan
  • The Real Deal
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California Department of Real Estate settles case with real estate exam training company

The California Department of Real Estate is settling its case against Real Estate Trainers  Inc. and its former president, Lance McHarg.  Under the agreement, McHarg and Real Estate Trainers Incorporated, founded in 1972 by Bob Morris ...

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  • 09 Jan
  • The Real Deal
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