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Is Fitz on Fairfax latest miss for MF1?

A $38 million loan backing the Fitz on Fairfax in West Hollywood is coming due Wednesday, according to Morningstar Credit. The borrower is tied to Santa Monica-based Palisades Capital Partners.  Last month the borrower was discussing ...

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  • 08 Jul
  • The Real Deal
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Toll Brothers envisions 243 luxury units in Denver suburbs

Toll Brothers is breaking into new territory in Colorado with the help of Gables Residential.  Fort Washington, Pennsylvania-based Toll Brothers and Atlanta-based Gables Residential have joined forces to develop Gables Angeline, a ...

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  • 08 Jul
  • The Real Deal
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LA area notches more federal leases canceled outside DC

In the wake of the federal government’s sweeping office lease terminations in the early days of President Donald Trump’s second term, Los Angeles leads the country in federal office spaces lost to canceled leases.  Lease agreements for ...

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  • 08 Jul
  • The Real Deal
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Los Angeles average home sales profit margin tumbles

Average profits for home sellers across the country dipped further in the first quarter, with Los Angeles faring worse than the rest of the nation.  National average profit margin on home sales fell to 50 percent in the first quarter, ...

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  • 08 Jul
  • The Real Deal
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Newsom underscores immigrants role in construction as “foundational” to fire rebuildings

California Gov. Gavin Newsom blasted the Trump administration for carrying out a U.S. Immigration and Customs Enforcement raid in MacArthur Park on Monday just as he and other politicians gathered in Pasadena to talk about the next ...

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  • 07 Jul
  • The Real Deal
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Beverly Hills moves to ban short-term rentals in latest LA-area crackdown

Beverly Hills could become the latest California city to ban short-term rentals.  The City Council of the Los Angeles-area enclave voted 4-1 to proceed with new regulations that would ban single-family properties and multifamily ...

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  • 07 Jul
  • The Real Deal
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Kayne Anderson joins OC firm in $1.5B fund for industrial properties

Kayne Anderson Real Estate is joining forces with BKM Capital Partners in a $1.5 billion joint venture partnership.  The unit of Los Angeles-based investment powerhouse Kayne Anderson and Newport Beach-based BKM Capital will focus on ...

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  • 07 Jul
  • The Real Deal
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Is CEQA win first shot at a broader overhaul for resi market?  

Housing advocates sealed a victory this week with some big changes to the California Environmental Quality Act. The statute, which was made law in 1970 by then-governor Ronald Reagan, has long been the source of nightmares for ...

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  • 05 Jul
  • The Real Deal
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Hankey finances bargain-bin hotel buy near SF’s Union Square

Los Angeles-based private lender Hankey Capital is backing a bargain-bin buy of a hotel near San Francisco’s Union Square. Hankey, headquartered in Hancock Park, provided an $8 million loan for an affiliate of San Diego-based Oceanic ...

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  • 03 Jul
  • The Real Deal
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Industry group flails as CEQA adjustments hit California builders unevenly

Small to midsize urban housing developers are the winners in California’s rollback of environmental protections this week. The pair of budget trailer bills that Gov. Gavin Newsom signed into law Monday night exempt housing projects up ...

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  • 03 Jul
  • The Real Deal
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  • Recent Posts

    • Is Fitz on Fairfax latest miss for MF1? July 8, 2025
    • Toll Brothers envisions 243 luxury units in Denver suburbs July 8, 2025
    • LA area notches more federal leases canceled outside DC July 8, 2025
    • Los Angeles average home sales profit margin tumbles July 8, 2025
    • Newsom underscores immigrants role in construction as “foundational” to fire rebuildings July 7, 2025
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