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Billionaire’s Beverly Hills vineyard estate relists for $195M 

Of the 10 priciest homes across the country to hit the market last week, Southern California had six of them.  Beverly Hills’ 25-acre Palazzo di Amore estate is on the market once again, asking $195 million, The New York Post reported. ...

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  • 15 Oct
  • The Real Deal
  • Uncategorized
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Cathay Bank sues DTLA landlord alleging $31M loan default

Cathay Bank sued the owner of a Downtown Los Angeles commercial property, claiming the landlord defaulted on a $31 million loan.  The lender alleges that a Laeroc Partners affiliate, the borrower and owner of 530 West 6th Street in the ...

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  • 14 Oct
  • The Real Deal
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LA resi prices trend down amid steady demand

The housing market in the Los Angeles metro area could be coming in for a soft landing as home prices are seemingly leveling off.  New listings on the market have been registering below current median prices, according to data from ...

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  • 14 Oct
  • The Real Deal
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Santa Clarita developer reels in $34M for portions of mall

Two portions of Santa Clarita’s Centre Pointe Marketplace shopping center sold to separate buyers recently.  Spirit Properties, the property’s developer, reaped a combined $33.8 million, L.A. Business First reported. That pencils out ...

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  • 14 Oct
  • The Real Deal
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Real estate heavyweights back Villaraigosa’s 2026 bid for governor

It was the personal touch that won over Jay Luchs when Antonio Villaraigosa — a Democrat making his second run for California governor — called to talk about real estate. “I respect him for picking up the phone and calling me to talk ...

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  • 14 Oct
  • The Real Deal
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Spoilage alert: Refrigerators required for California landlords

California renters moving into a new apartment no longer have to worry if they’ll have a place to store their food.  Starting next year, apartment landlords across the state will be required to provide rental units with a refrigerator ...

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  • 14 Oct
  • The Real Deal
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Bass dissents as Newsom signs SB 79 into law

Senate Bill 79, the landmark legislation allowing for transit-oriented upzoning across the state, is now officially on the law books. But not all officials are happy.  Despite Gov. Gavin Newsom’s signature of the bill last week, Los ...

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  • 13 Oct
  • The Real Deal
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$2B Powerball winner drops $10M on lots in fire-scarred Altadena  

A Powerball winner is using his winnings to help rebuild his hometown of Altadena.  Edwin Castro, who bought a record $2 billion Powerball lottery ticket at a gas station in 2022, is one of the biggest buyers of lots in Altadena after ...

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  • 13 Oct
  • The Real Deal
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Frank McCourt leads Homeboy Industries’ DTLA development fundraising

Homeboy Industries is hoping to expand in downtown Los Angeles with 200 apartments and a 35,000-square-foot mental health facility, and it has fundraising support from a billionaire.  The nonprofit focusing on youth programs and ...

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  • 13 Oct
  • The Real Deal
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Focus on TRD Data: Luka Dončić’s out of luck on psf comparison in Manhattan Beach

The top Manhattan Beach single-family sale in the first half of the year fetched $4,719 per square foot — nearly $2,000 above the city’s record deal, according to Los Angeles County tax assessor data covering the period. The ...

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  • 13 Oct
  • The Real Deal
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