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Palisades values free fall “not even close” to hitting bottom

Land listings in the Pacific Palisades have slowed in what some fear only kicks the can further out on values hitting bottom.  “A lot of sellers mistakenly think we are at the bottom of the market. We’re not even close,” said Anthony ...

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  • 17 Jun
  • The Real Deal
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LA Chargers’ Costa Mesa training facility could become 1K housing units

The Los Angeles Chargers’ former training facility in Costa Mesa appears headed for redevelopment into housing and retail.  The Costa Mesa Planning Commission just recommended for approval a proposal for Legacy Partners’ Hive Live ...

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  • 17 Jun
  • The Real Deal
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13K sf Newport Coast mansion hits market for $50M

Ever wanted to experience a 1920s-style speakeasy without leaving your house and shelling out $20 for a cocktail? Now’s your chance.  A three-story Tuscan villa-style mansion in Newport Coast has hit the market for $49.9 million, the ...

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  • 17 Jun
  • The Real Deal
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Canada-based Asian grocery chain grows SoCal presence with 61K sf location

Asian grocery chain T&T Supermarket is expanding its Southern California dreams with a new store in Chino Hills — which will be one of four such stores to open next year.   The Toronto-based company plans to move into 61,000 ...

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  • 17 Jun
  • The Real Deal
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 Valley Village mixed-use development gets go-ahead from city

A new mixed-use development is poised to rise in Valley Village.  The city of Los Angeles has approved a proposal to redevelop a commercial building at 12500 Riverside Drive into a five-story building with housing and ground-floor ...

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  • 16 Jun
  • The Real Deal
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Santa Monica Clock Tower’s loan lands in special servicing

A loan backing the Santa Monica Clock Tower, once the city’s tallest building, headed to special servicing after the office tower struggled with occupancy.  A $26.7 million commercial mortgage-backed securities loan tied to the ...

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  • 16 Jun
  • The Real Deal
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LeBron James’ Beverly Hills mansion takes shape after demolition of $37M home 

Los Angeles Lakers star LeBron James has made major progress on his ambitious Beverly Hills home demolition and rebuild project.  James bought the property at 9955 Beverly Grove Drive in 2020 for $36.8 million, and in 2023, he razed it ...

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  • 16 Jun
  • The Real Deal
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Milwaukee Brewers co-owner slashes LA manse price again — this time by $10M

Robert Beyer, chair of Chaparral Investments and minority owner of the Milwaukee Brewers, has slashed the asking price of his Los Angeles mansion nearly two years after it hit the market.  Beyer is now asking $54.9 million for the ...

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  • 16 Jun
  • The Real Deal
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LA ICE raids could chill already tight labor market for homebuilding

It’s been a week since Los Angeles’ Fashion District was rocked by U.S. Immigration and Customs Enforcement raids that set off many more detainments in the days that followed.  Some are now asking whether the raids could hold ...

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  • 14 Jun
  • The Real Deal
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AG sues SoCal real estate family, claims landlord exploits tenants

Attorney General Rob Bonta sued what he called operators of a “multi-billion dollar real estate empire” for allegedly renting out unsafe and uninhabitable units, discriminating against Section 8 recipients and engaging in deceptive ...

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  • 14 Jun
  • The Real Deal
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  • Recent Posts

    • Palisades values free fall “not even close” to hitting bottom June 17, 2025
    • LA Chargers’ Costa Mesa training facility could become 1K housing units June 17, 2025
    • 13K sf Newport Coast mansion hits market for $50M June 17, 2025
    • Canada-based Asian grocery chain grows SoCal presence with 61K sf location June 17, 2025
    •  Valley Village mixed-use development gets go-ahead from city June 16, 2025
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