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Tracy Tutor, Hudson Advisory among latest investors in Josh Flagg’s Estate Media

The real estate entertainment and media platform co-founded by “Million Dollar Listing Los Angeles” star Josh Flagg landed a new capital infusion. Estate Media closed on a $1 million seed round, bringing its total raised to date to ...

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  • 06 Nov
  • The Real Deal
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Venice motel-to-housing conversion moves ahead after years on back burner

Work has finally begun on a city-funded project to convert a decommissioned Venice hotel into permanent housing for formerly homeless individuals.  Redevelopment of the former Ramada Inn at 3130 West Washington Boulevard into housing ...

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  • 05 Nov
  • The Real Deal
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Lincoln, Artemis joint venture strikes again with $65M OC industrial buy

Lincoln Property Company and Artemis Real Estate Partners have joined forces to buy an Orange County industrial facility.  Paper Mart, a family-owned packaging supply company with a century-long history, sold its 250,000-square-foot ...

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  • 05 Nov
  • The Real Deal
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Hudson Pacific posts $136M loss amid film studio pain 

More losses at Hudson Pacific Properties.  The Los Angeles-based real estate investment trust reported a loss of $136.5 million in the third quarter compared to $97.9 million a year earlier. That put losses for the nine months ending ...

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  • 05 Nov
  • The Real Deal
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CIM beefs up Mid-Wilshire mixed-use hub with more resi units

CIM Group is adding more units to its planned housing project at the former Farmers Insurance campus in Mid-Wilshire.  The local firm is calling for the construction of a two-story building with 50 apartments and parking for 51 ...

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  • 05 Nov
  • The Real Deal
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Irvine office park in line for resi conversion

Cityview is looking to turn an office complex in Irvine into housing.  The Los Angeles-based firm has filed plans for a 422-unit residential building at the two-building Newport Summit office park at 19600 and 19700 Fairchild Road, the ...

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  • 04 Nov
  • The Real Deal
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Lincoln drops $70M on Manhattan Beach office for resi redev

Lincoln Property Company purchased a five-story Manhattan Beach office building on the Rosecrans Avenue corridor with multifamily redevelopment plans. The Dallas-based firm paid $70 million, or $569 per square foot for the ...

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  • 04 Nov
  • The Real Deal
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Developer goes tall and skinny on Rodeo Drive after Beverly Hills’ builder’s remedy defeat

The City of Beverly Hills is greenlighting builder’s remedy projects after a bruising legal defeat from developers like Leo Pustilnikov.   The Beverly Hills Planning Commission approved a 19-story development for 145 Rodeo Drive ...

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  • 04 Nov
  • The Real Deal
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Holiday slowdown hits LA resi’s high end

The holiday slowdown has hit Los Angeles’ residential market. Mega deals have quieted down and signed contract volume overall has slowed countywide, with the latest roundup showing the slump continuing through last week, according to a ...

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  • 04 Nov
  • The Real Deal
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Weingart execs under microscope amid investor’s housing fraud charges

Two senior leaders at the Weingart Center Association, one of the largest homeless services nonprofits in Los Angeles, have been placed on leave amid an ongoing investigation into irregularities in its housing projects.  Weingart ...

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  • 04 Nov
  • The Real Deal
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