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Author: The Real Deal

Newport Beach voters to determine state-mandated housing plan’s fate

Newport Beach residents are going to get a say in their city’s state-approved housing plan and choose whether to slash the number of homes slated to rise in the ritzy coastal enclave.  The initiative is headed to the November 2026 ...

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  • 25 Nov
  • The Real Deal
  • Uncategorized
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Steve Wynn cuts price once again on Beverly Hills mansion

Famed hotelier Steve Wynn continues to drop the price on his Beverly Hills mansion.  The Wynn Resorts founder slashed the list price of his home at 1210 Benedict Canyon Drive to $65 million, Mansion Global reported. It now returns to a ...

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  • 25 Nov
  • The Real Deal
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Movers: Coldwell Banker Realty’s Matthew Clayman goes on recruiting spree

Coldwell Banker Realty General Manager Matthew Clayman is making good on a promised recruiting ramp-up nearly four months into new gig overseeing the brokerage’s Beverly Hills and Hancock Park offices. The brokerage announced five new ...

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  • 25 Nov
  • The Real Deal
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Home at last: First rebuild in Palisades ready for occupancy

Nearly a year after the Palisades fire destroyed nearly 7,000 structures, the first rebuilding endeavor in the wake of the blazes is officially complete.  Los Angeles Mayor Karen Bass announced that a two-story showcase home on the 900 ...

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  • 24 Nov
  • The Real Deal
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Meritage moves ahead with West Covina townhome project

Meritage Homes is continuing its building blitz across Greater Los Angeles with a redevelopment plan in West Covina.  Meritage subsidiary MLC Holdings is planning to build a townhome development on a former school site at 1501 Del ...

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  • 24 Nov
  • The Real Deal
  • Uncategorized
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Alo Yoga strikes warrior pose with $90M Beverly Hills HQ buy

Popular activewear retailer Alo Yoga just plunked down $90 million for a headquarters building in Beverly Hills.  Alo spent$1,085 per square foot, for the 82,900-square-foot La Peer Building at 8942 Wilshire Boulevard, CoStar ...

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  • 24 Nov
  • The Real Deal
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Focus on TRD Data: Seminole Tribe fund’s South Fairfax Avenue acquisition tops LA’s multifamily charts

Fort Lauderdale, Florida-based Seminole Real Estate Fund notched the No. 1 spot on the priciest multifamily sales list in the City of Los Angeles for the first three quarters of the year with a buy in the Miracle Mile area, according ...

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  • 24 Nov
  • The Real Deal
  • Uncategorized
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Sizing up LA mayoral hopeful Rae Huang for real estate

A Mamdani equivalent in Los Angeles? Some are wondering with housing advocate Rae Huang now in the 2026 race for mayor. The deputy director of affordable housing group Housing Now aims to unseat Karen Bass, with an agenda that isn’t ...

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  • 23 Nov
  • The Real Deal
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Did Elliot speed up the succession plan at Rexford? 

The Rexford takeover rumors seem to have traction. The industrial real estate investment trust indicated as much a couple days ago, after market close, when it announced a chief executive shakeup and a changed capital allocation ...

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  • 22 Nov
  • The Real Deal
  • Uncategorized
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Related, MacFarlane offer tale of two succession plans

Companies can often represent a mirror of their leaders. Understand the top executive, and you’ll have a better chance to understand the why and how of the organization beneath. So, changes at the top create some intrigue, as is the ...

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  • 22 Nov
  • The Real Deal
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