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Atlas Capital sues “penny-pinching” LA Times owner Soon-Shiong for back rent

Billionaire Patrick Soon-Shiong, the owner of the Los Angeles Times, overstayed his welcome at the publication’s former printing plant in Downtown — then left the 26-acre plant in “shambles,” according to a lawsuit. Alameda, an ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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Luxe signed contracts fall in “another slow week” for LA resi

Los Angeles luxury residential contracts limped along last week to reach a total asking dollar volume of $135 million across 18 properties. “It’s another slow week in Los Angeles with a fair showing in the single-family segment, but ...

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  • 24 Mar
  • The Real Deal
  • Uncategorized
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Diocese of Orange OK’d to build apartments in La Habra

The Diocese of Orange has been given a green light to build an apartment complex at a Roman Catholic church in Orange County, despite community opposition. The Garden-Grove-based Diocese was approved by the La Habra City Council to ...

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  • 24 Mar
  • The Real Deal
  • Uncategorized
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Google’s landlord lists tech firm’s Venice campus for sale

W.P. Carey is selling the Binoculars Building off the Venice Beach Boardwalk, The Real Deal has learned. The New York-based real estate investment trust hired CBRE to put the 78,578-square-foot building currently occupied by Google up ...

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  • 24 Mar
  • The Real Deal
  • Uncategorized
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First wave of wildfire rebuild permits more like a ripple

It took two months for the City of Los Angeles to approve permits to rebuild three homes in the fire-torn Pacific Palisades. The city approved three projects — two for complete rebuilds and one to repair a damaged home, the Los Angeles ...

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  • 24 Mar
  • The Real Deal
  • Uncategorized
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Measure ULA under scrutiny as Bass considers temporary pause

Los Angeles Mayor Karen Bass is reportedly looking into what’s been a sore spot for real estate since 2023: Measure ULA. The 2022 ballot measure, often called the “mansion tax,” applies a tiered assessment to residential and commercial ...

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  • 22 Mar
  • The Real Deal
  • Uncategorized
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Dollywood owner buys 4 SoCal amusement/water parks

Herschend is taking its amusements to Southern California in a challenge to Six Flags’ roller coaster screams. The Atlanta-based theme park firm bought Palace Entertainment’s U.S. properties from Madrid-based Parques Reunidos for an ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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Apple campus rises between Mid-City and Culver City

Apple is behind the construction cranes now building a 536,000-square-foot office and production campus straddling Los Angeles and Culver City. The Cupertino-based tech firm is constructing two office buildings around a courtyard at ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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LA’s dubious distinction: No. 1 on Fannie Mae’s California “blacklist”

Condominium listings across Southern California are soaring — but so are the number of complexes “blacklisted” against loans by Fannie Mae. The No. 1 on the list: Los Angeles. The federally sponsored mortgage financing firm has ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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Aerospace firm to move HQ to 123K sf plant in Carson

Aerospace manufacturing just got a new lift in the South Bay, with Trio Manufacturing tripling the size of its plant. The aerospace firm based in El Segundo will move its headquarters and manufacturing plant to a 123,200-square-foot ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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