LA REAL ESTATE

Echo Park Homes Set to be Preserved as Historic Monument after Developer Filed Plans for Demolition

Seven pre-World War II bungalows in Echo Park are set to be preserved as a historic monument, preventing L.A. developer Bixel House from demolishing them to build 12 small-lot subdivision single-family homes.

Traction Avenue Buildings in Arts District Fetch $20 Million

A century-old building in the Arts District designed by prolific L.A. architect John Parkinson and a neighboring brick structure sold last week for $20 million to DLJ Real Estate Capital Partners, sources familiar with the deal said.

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Development at Crossroads

REAL ESTATE: Review of project impact underway.

Hollywood’s Crossroads of the World may be getting a makeover.

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City of L.A.’s Rental Unit Law Proves Tough Sell

DEVELOPMENTT: New rules draw fire from businesses, which may relocate projects.

City of L.A.’s new law on rental unit requirements might spur projects to move away.

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Top Fox Broadcasting Exec Lists Bel Air Home for $9 Million

Fox Broadcasting Co.’s president of entertainment, David Madden, and his wife, Marci Pool, have put their Bel Air home on the market for $8.99 million, according to property records.

Developer Plans 228 Homes in Inglewood Near Rams Stadium

Harridge Development Group is swooping into Inglewood with a plan to build 228 townhomes on an 18-acre site just a mile from the Los Angeles Rams’ planned $2.6 billion stadium.

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Hollywood’s Crossroads of the World Redevelopment EIR Unveiled

A mixed-use development that would be among the biggest in Hollywood history will face public scrutiny with the planned release Thursday of its draft environmental impact report.

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Los Angeles Moves to Legalize Bootlegged Residential Units

Around 5,000 bootlegged units across Los Angeles created without a city permit could soon become legal.

USC Books Expansive Student Dorm Project

DEVELOPMENT: Village complex also will bring retail.

USC’s dorm project could serve as a wake-up call that brings investment into the area.

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Artists Canvass Deals at Open Houses

Hanging their work in high-end for-sale homes can open doors for artists.

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Hudson Pacific Properties Buys Third Hollywood Studio Site

Hudson Pacific Properties Inc. has finalized its $200 million acquisition of Hollywood Center Studios, the company said Tuesday, bringing its footprint of studio and office space in the market to 1.6 million square feet.

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Iconic Venice Beach Freakshow Closing Sunday After Losing Lease

The Venice Beach Freakshow will offer its final performances Sunday, forced to abandon its boardwalk home because its landlord declined to renew its lease, according to the founder.

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Beyoncé and Jay Z Reportedly Make $120 Million Offer on Bel Air Mansion

Beyoncé Knowles Carter and Shawn “Jay Z” Carter have reportedly submitted a $120 million bid to buy a hilltop mansion in Bel Air.

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Brexit Fallout Prompts Return of Euro Subsidiary

REAL ESTATE: Tumble in share value drives deal by Kennedy-Wilson Holdings

Brexit fallout spurs Kennedy-Wilson Holdings to buy back European subsidiary.

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Douglas Emmett, Qatar Fund Acquire Two Santa Monica Office Buildings for $353 Million

Douglas Emmett Inc. and Qatar Investment Authority continued their sweep of Westside office towers this week, announcing on Wednesday that their joint venture purchased two prime Santa Monica buildings for almost $353 million, or $1,205 a square foot.

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