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Author: The Real Deal

Jim Carrey’s Brentwood manse tops last week’s signed contracts with $19M ask

Here’s hoping this one sticks. That may be what Jim Carrey’s thinking with his Brentwood mansion at 615 North Tigertail Road. The home, which is asking $18.8 million, found a buyer last week to top a list of Los Angeles County homes ...

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  • 21 Jul
  • The Real Deal
  • Uncategorized
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Bipartisan bill aims to provide federal funding for private ADU construction 

The federal government could help homeowners in states like California more easily build accessory dwelling units on their property.  California Rep. Sam Liccardo joined New York Rep. Andrew Garbarino in proposing the Supporting ...

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  • 21 Jul
  • The Real Deal
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Culver City mixed-use project swaps offices for housing in latest residential pivot

Lincoln Property Company is ditching plans for nearly 67,000 square feet of offices in Culver City. . The Dallas-based developer is tweaking its plans for a mixed-use apartment complex at 11111 Jefferson Boulevard, Urbanize Los Angeles ...

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  • 21 Jul
  • The Real Deal
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Douglas Elliman’s escrow arm finds itself back in court

Here we go again. When William Grasska, the founder of Douglas Elliman’s Portfolio Escrow and his former firm last year settled their dueling lawsuits against one another, it was all quiet in California — up until this past week. Last ...

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  • 19 Jul
  • The Real Deal
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Rexford Industrial profits leap 42%, co-CEOs credit resilient business model 

It’s earnings season.  Rexford Industrial Realty reported $113 million in net income in the second quarter, a 42 percent increase from a year earlier. The Los Angeles-based industrial real estate investment trust’s revenues ticked up, ...

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  • 19 Jul
  • The Real Deal
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Jason Oppenheim, Altman Brothers dragged into Elliman, escrow legal rows

Escrow violations and kickback allegations have reared their heads once again to drag some of L.A.’s most well-known reality TV stars and Douglas Elliman into two dueling lawsuits filed this week in Los Angeles Superior Court.    The ...

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  • 18 Jul
  • The Real Deal
  • Uncategorized
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New York Life offloads Culver City office campus for nearly $73M

A subsidiary of New York Life Insurance has sold an office campus in Culver City for upward of $70 million.  Sunny Hills Capital Management Company bought the buildings at 400 and 600 Corporate Pointe for $72.5 million. The deal for ...

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  • 18 Jul
  • The Real Deal
  • Uncategorized
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Dental exec looks to lighten OC portfolio with $30M Newport Coast listing

Buyers looking for views of the Pacific Ocean, Catalina Island and the city can check all their boxes with Newport Coast’s latest listing.  The home at 22 Pelican Crest Drive hit the market this week with an asking price just under $30 ...

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  • 18 Jul
  • The Real Deal
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California Senate bill designed for rebuilding blitz paused as Palisades wildfire residents voice concern

As the Pacific Palisades continues its rise out of the ashes, affordable housing won’t be on the menu for the oceanside enclave in the near future.  On Wednesday, State Senator Ben Allen put the kibosh — for now — on Senate Bill 549, ...

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  • 18 Jul
  • The Real Deal
  • Uncategorized
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112-acre Brentwood estate hits market for $70M in potential largest LA resi lot sale in decades

A sprawling equestrian estate in Brentwood is hitting the market in what could become the biggest sale by lot size in Los Angeles in decades.  The Robert Taylor Ranch, once home to Hollywood Golden Age actors Robert Taylor, is for sale ...

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  • 18 Jul
  • The Real Deal
  • Uncategorized
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