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Diico Properties plans hotel-apartment complex in Santa Monica

Diico Properties has unveiled the look of a builder’s remedy hotel-apartment project in Santa Monica. The Beverly Hills-based developer led by Ely Dromy has revealed renderings of the eight-story building at 1420 20th Street, in ...

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  • 02 Dec
  • The Real Deal
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Newmark hires two multifamily debt experts in Orange County 

Newmark expects to pile on the multifamily debt in Orange County. The New York-based brokerage and services firm is expanding its debt advisory platform in Southern California with two new multifamily advisors at its Irvine office, the ...

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  • 02 Dec
  • The Real Deal
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Norwalk gives nod to 32-acre transit housing village

The City of Norwalk has greenlighted a plan to turn a former state youth jail into a 32-acre retail village. The Gateway City approved a specific plan to redevelop the former California Youth Authority prison into Norwalk Transit ...

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  • 02 Dec
  • The Real Deal
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Tishman Speyer, Mitsui Fudosan get $85M construction loan for OC project

Tishman Speyer has secured financing for its debut as an industrial developer in Southern California. The New York-based Rockefeller Center landlord and Mitsui Fudosan America scored an $84.7 million construction loan from JPMorgan ...

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  • 02 Dec
  • The Real Deal
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Thanks, Jerry: Meet the LA landlord who helped defeat the county’s progressive DA

Nathan Hochman’s campaign had been in celebration mode all day. The former federal prosecutor was about to unseat Los Angeles County District Attorney George Gascón, and anyone invested in real estate in the county was popping the ...

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  • 02 Dec
  • The Real Deal
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Beverly West penthouse sells for $24M in LA’s priciest condo trade

Signs of life in Los Angeles’ luxury condo market materialized in a big way with a record deal at Beverly West. The top-floor penthouse in the luxury high-rise next to the Los Angeles Country Club closed on Tuesday for $23.5 million, ...

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  • 27 Nov
  • The Real Deal
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Surfer Joel Cooper lists Bali-inspired estate in Laguna Beach for $23M

The CEO of Irvine-based Lost International and co-founder of Gotcha surfwear put the 6,400-square-foot home up for sale at 125 Irvine Cove Court, in gated Irvine Cove, the Orange County Register reported. The six-bedroom, ...

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  • 27 Nov
  • The Real Deal
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Venice “beautifier” to replace DMV in Pacoima with apartments

Kevin Brunk, the “unofficial beautifier” of Venice, has moved forward with plans to replace a defunct DMV in Pacoima with 246 apartments atop a grocery store. The head of Marina del Rey-based 118 LP was approved by the Los Angeles City ...

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  • 27 Nov
  • The Real Deal
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Dunbar picks up five-building office park in Riverside for $19M

Dunbar Real Estate Investment Management has bought a 138,700-square-foot business park in the Inland Empire for $19 million. The El Segundo-based investor bought the Summit Business Center at 2002-2038 Iowa Avenue, in Riverside, L.A. ...

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  • 27 Nov
  • The Real Deal
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Beverly Hills leads LA luxe contracts out of election doldrums

Beverly Hills led Los Angeles County’s luxury deal pick-up last week ahead of the Thanksgiving holiday and after the Election Day slowdown. Homes under contract jumped to 23 for the seven-day period ended Nov. 24 with total asking ...

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  • 27 Nov
  • The Real Deal
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