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The Closing: Corinne Verdery

At the age of 13, an awkward time to change schools, Corinne Verdery moved from Oahu, Hawaii, to Mission Viejo in Orange County with her parents and younger sister. It was a different world. “I’m in a classroom and everybody’s got ...

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  • 03 Nov
  • The Real Deal
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Who is winning in LA’s luxe condo market?

Median condo prices were caught slipping the past couple of quarters but the Los Angeles luxury market is  bucking that trend. A deal reported this week at the Maybourne Beverly Hills illustrates the point. Unit 8E at 225 North Canon ...

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  • 02 Nov
  • The Real Deal
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Kilroy’s Aman double-ends the expectations game

Earnings season comes with earnings calls, and one Los Angeles commercial real estate CEO this week showed how to work both ends of the expectations game that comes with publicly traded outfits. Los Angeles-based real estate investment ...

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  • 01 Nov
  • The Real Deal
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Bass order aims to fast-track commercial rebuilding in Pacific Palisades

Mayor Karen Bass is using her power to foster faster rebuilding of Pacific Palisades businesses lost in the Palisades fire.  The mayor has issued Emergency Executive Order 10, which introduces measures intended to streamline the ...

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  • 31 Oct
  • The Real Deal
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Izek Shomof lands deep discount on prime Long Beach office tower

Developer Izek Shomof purchased a Long Beach office tower for $50 million, The Real Deal has learned.  The 24-story, 460,000 square foot property at 111 W. Ocean Boulevard, called Landmark Square is one of the newer and taller offices ...

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  • 31 Oct
  • The Real Deal
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Pacific Cos inks groundlease with Safehold for more affordable housing in Reseda

The Pacific Companies is plotting an affordable housing project in Reseda.  The Idaho-based developer closed on a ground lease with New York-based Safehold for the proposed Twin Park Landing project at 6670 Reseda Boulevard, ...

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  • 31 Oct
  • The Real Deal
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Carmel Partners gets bargain on Marina del Rey multifamily at $141M

 Nuveen has offloaded another property in the Los Angeles area.  Carmel Partners bought Stella, a 244-unit apartment building at 13488 Maxella Avenue in Marina del Rey, from Nuveen for $141 million, Commercial Observer reported. The ...

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  • 31 Oct
  • The Real Deal
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Marquez tops Rams’ Kroenke with  $27M buy at Maybourne

A condo unit at the Maybourne Beverly Hills sold to the titan of a family-owned food maker and distributor in one of the priciest deals at the ultra-luxe property. The Real Deal previously reported unit 8E at 225 North Canon Drive went ...

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  • 31 Oct
  • The Real Deal
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Barbie wishes: Malibu Dream Resort hits market asking $52M

A home known as the Malibu Dream Resort is on the market and ready to dance the night away.  The 31-acre vacation home and event venue at 12680 Yellow Hill Road is asking $52 million, Mansion Global reported. The price amounts to ...

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  • 30 Oct
  • The Real Deal
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Concord Capital’s apartment buying spree snares Koreatown discount 

Concord Capital Partners added another Koreatown apartment building to its growing collection.  The Beverly Hills-based investment firm bought The View, a 13-story, 168-unit building at 3460 West Seventh Street for $52 million, or ...

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  • 30 Oct
  • The Real Deal
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