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Clear Capital buys 232-unit apartment complex in Inland Empire

Clear Capital LLC founding partners (L-R) Daniel Hardy, Eric Sussman, Paul Pellizzon and Greg Worchell with Foothill Ridge apartments, 1334 W. Foothill Blvd., Upland (Clear Capital LLC, Foothill Ridge Apts.) A Los Angeles real estate ...

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  • 23 Jun
  • The Real Deal
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Goodbye Dragon, hello housing: Yet another apartment complex planned for Koreatown

A photo illustration of the planned Vermont Lofts project at 966 South Vermont Avenue (SO.LA, Inc., iStock) A development team filed plans to knock down a long-established Chinese restaurant and build a 90-unit mixed-use complex on the ...

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  • 23 Jun
  • The Real Deal
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Apartments to rise around former Sunkist HQ in Sherman Oaks

Citrus Commons project at 14130 Riverside Drive (Johnson Fain) A former headquarters for Sunkist in Sherman Oaks has been turned into creative offices and now plans call for them to be surrounded by a mixed-use project with 249 ...

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  • 23 Jun
  • The Real Deal
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Developer’s own beach house on Santa Monica’s Gold Coast to list for $25M

Kirk Lazurus and 966 Palisades Beach Rd (Molori, iStock, Illustration by Kevin Cifuentes for The Real Deal) Palisades Beach Road on Santa Monica’s Gold Coast enclave has served as a waterfront address for celebrities and business stars ...

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  • 23 Jun
  • The Real Deal
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Developer aims to raze three homes for 69 apartments in East Hollywood

Uncommon Developers’ Ryan Hekmat and Jason Larian with rendering of project at 1017-1027 N. Berendo Street (LinkedIn, Works Progress Architecture) A local developer aims to replace three single-family homes in East Hollywood with a ...

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  • 23 Jun
  • The Real Deal
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Retail visionary Shaheen Sadeghi sees resi in his future

Shaheen Sadeghi with RTHM Long Beach (Shaheen Sadeghi, Brandywine Homes) Shaheen Sadeghi, chief executive officer of LAB Holding LLC, is a retail guy and then some. He’s best known for being one of the granddaddies of the lifestyle ...

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  • 23 Jun
  • The Real Deal
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French billionaire Bernard Arnault flips Beverly Hills mansion to himself

Bernard Arnault and Trousdale Estates home (The Asahi Shimbun, Bing, Getty Images) The third richest man in the world has sold a Beverly Hills mansion for $84.5 million––to himself. An affiliate of French business magnate Bernard ...

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  • 22 Jun
  • The Real Deal
  • Uncategorized
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Tom Brady’s NFT company signs lease in Santa Monica

From left: Tom Brady, Dillon Rosenblatt, and Richard Rosenblatt with 3130 Wilshire Boulevard (Kilroy Realty, Getty, LinkedIn) UPDATED, June 22, 2022, 3:14 p.m.: An NFT company backed by Tom Brady has moved into an office in Santa ...

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  • 22 Jun
  • The Real Deal
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Mostly vacant Bel-Air office building sells for $32.5M

Vectra CEO Raju Shah and 640 North Sepulveda Boulevard (Vectra, LoopNet) A New York investor has sold a creative office building in Bel-Air for $32.5 million. Vectra Management Group, with an office in Santa Monica, sold the two-story ...

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  • 22 Jun
  • The Real Deal
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$141M loan on Centennial’s OC mall heads to special servicing

From left: Centennial Real Estate CEO Steven Levin, USAA Real Estate CEO Len O’Donnell, and Montgomery Street Partners co-founders Murray McCabe and Max Lamont in front of a rendering of the planned redevelopment at MainPlace mall in ...

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  • 22 Jun
  • The Real Deal
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  • Recent Posts

    • Clear Capital buys 232-unit apartment complex in Inland Empire June 23, 2022
    • Goodbye Dragon, hello housing: Yet another apartment complex planned for Koreatown June 23, 2022
    • Apartments to rise around former Sunkist HQ in Sherman Oaks June 23, 2022
    • Developer’s own beach house on Santa Monica’s Gold Coast to list for $25M June 23, 2022
    • Developer aims to raze three homes for 69 apartments in East Hollywood June 23, 2022
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