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Post Investment Group grabs Northridge apartments for $51M

The Candlewood North apartment complex in Northridge has a new owner.  Beverly Hills-based Post Investment Group bought the 189-unit residential community at 9830 Reseda Boulevard for $51.1 million, the Los Angeles Times reported. The ...

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  • 25 Jun
  • The Real Deal
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Terreno Realty nabs Orange County Home Depot for $50M

Terreno Realty is showing how doers get more done with its acquisition of a Home Depot in Orange County.  The San Francisco-based industrial real estate firm spent $49.5 million for 3500 West Macarthur Boulevard in Santa Ana, L.A. ...

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  • 24 Jun
  • The Real Deal
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Case Study 2.0 aims for swift Palisades, Altadena rebuild minus “cookie-cutter” look

Backen & Backen’s single-level home design in muted, earthy tones could work for an Altadena or Pacific Palisades lot. Solkatt’s Altadena concept offers a striking pitched roof with an exterior of seam metal panels. AAHA Studio’s ...

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  • 24 Jun
  • The Real Deal
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MG Properties drops $144M for Anaheim apartment complex

MG Properties is adding another big-ticket deal to its list of acquisitions in the past year, this time in Orange County.   The San Diego-based investment and property management firm has paid $144 million for Citron, a 314-unit ...

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  • 24 Jun
  • The Real Deal
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Affinius Capital injects $55M investment into Latigo Group housing plans

The Latigo Group’s proposed housing development in Thousand Oaks is moving forward with the financial blessing of Affinius Capital.  On Monday, the San Antonio-based Affinius announced it plans a $54.7 million preferred equity ...

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  • 24 Jun
  • The Real Deal
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LA City Council rescinds Hollywood hotel approval after legal defeat

The Los Angeles City Council has put the kibosh on an approved hotel proposal in the heart of Hollywood.  Council members voted to formally rescind the 2019 approval of a proposal from Relevant Group to build a hotel at 6221 Selma ...

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  • 23 Jun
  • The Real Deal
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Los Angeles boasts rising lab rents amid nationwide leasing slump

Lab space is seemingly in high demand in Los Angeles as the city sees rising rent rates amid a nationwide slump.  A new report from JLL found that lab leasing fell sharply in the first quarter of this year, with 60 in the first quarter ...

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  • 23 Jun
  • The Real Deal
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CRE movers: Newmark taps industrial vet for Los Angeles dealings

Newmark has brought on commercial real estate veteran Mark Repstad to boost the firm’s industrial services in Los Angeles and Inland Empire markets.  A 20-year veteran, Repstad was named executive managing director in Newmark’s ...

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  • 23 Jun
  • The Real Deal
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Commission urges California legislature to create new fire rebuilding oversight body

Nearly six months on from the deadly wildfires that ripped through Altadena and the Pacific Palisades, an independent commission is offering a new path forward to improve future fire recovery efforts. On Friday, the Blue Ribbon ...

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  • 23 Jun
  • The Real Deal
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The good, the bad and the ugly with Palisades land sales, values

Amalfi Estates’ founder, Anthony Marguleas, loves data. As a broker focused on the Pacific Palisades, he may not have liked the story the most recent numbers have been telling on the state of the market. On the good side, fears that ...

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  • 21 Jun
  • The Real Deal
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  • Recent Posts

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