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Author: The Real Deal

Hackman, Affinius land $165M refi for Netflix-leased Hollywood studio

Lenders just closed a refinancing deal for one of Hollywood’s oldest continually running film studios.  Wells Fargo Bank and Barclays provided Hackman Capital Partners and Affinius Capital a three-year, $165 million financing package ...

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  • 20 Aug
  • The Real Deal
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Beverly Hills paves way to $550M in bonds for Cain project

Cain International and OKO Group got the green light from the Beverly Hills City Council in the wee hours of Wednesday morning to designate a Community Facilities District that could allow One Beverly Hills to receive up to $550 ...

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  • 20 Aug
  • The Real Deal
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Hyundai expands L.A. office presence with 134K sf lease

Hyundai just secured the largest lease deal of the year in Orange County.  The Seoul-based car manufacturer has signed a lease for 133,745 square feet of offices at 2300 Main Street in Irvine, the Orange County Business Journal ...

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  • 19 Aug
  • The Real Deal
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Priciest Santa Monica resi listing joins $100M club

Another residential heavyweight has hit the market with the $110 million listing of an estate perched at the Riviera Country Club’s 7th hole. The property at 859 Woodacres Road was designed by the late Howard Backen, known for his work ...

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  • 19 Aug
  • The Real Deal
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Legal crackdowns, wildfires cut into LA short-term rentals

Short-term rental registrations across the L.A. region have dipped in what could be a perfect storm preventing the growth of such properties.  From last July to this July, there was a 6 percent decrease in active Home Sharing ...

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  • 19 Aug
  • The Real Deal
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Lender pursues receiver for One California Plaza tower

A lender is pursuing a receiver for ​​the Rising Realty Partners-owned One California Plaza, a 1-million square foot office tower downtown, after it defaulted on $300 million commercial mortgage-backed securities debt and landed in ...

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  • 19 Aug
  • The Real Deal
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Saks mega-project clears key hurdle in Beverly Hills

New York-based Saks Global, parent company of Saks Fifth Avenue, is one step closer to seeing its mixed-use project in Beverly Hills become a reality. Last Thursday, the Beverly Hills City Planning Commission voted in favor of the ...

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  • 19 Aug
  • The Real Deal
  • Uncategorized
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Unmasked in Malibu: Buyer of multiple burned lots tied to Mowbray brothers

A company owned by two New Zealander brothers who built their fortune off toys and consumer products is behind the recent purchase of multiple burned lots in Malibu. Nick and Mat Mowbray, who founded Zuru Group, also own development ...

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  • 19 Aug
  • The Real Deal
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Santa Ana property sells for $43M as ground lease expires

Two buyers snapped up an 8-acre property with housing, a gas station and a karate studio in Santa Ana.  The 210 apartment units and karate studio sold to an unnamed Newport Beach investor, while another bought the gas station, the ...

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  • 18 Aug
  • The Real Deal
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Former piece of Irvine Ranch across from Patrick Soon-Shiong listed for $20M

A Crescent Bay property in Laguna Beach that’s been traded only a handful of times since the 19th century has made its way onto the market. The property at 245 Crescent Bay Drive is listed for just under $20 million after the estate ...

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  • 18 Aug
  • The Real Deal
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