Los Angeles Business Journal

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Matchmaker Attracted To Real Estate

Melanie Mar follows her passion to hook up houses, homebuyers.

Matchmaker Melanie Mar expanded her focus to help customers connect with homes.

L.A.’s Oldest Operating Hotel Welcomes Bidders

LISTING: Broker expects buyer to reposition Barclay similar to boutique Ace.

The oldest L.A. hotel in continuous operation, downtown’s Barclay Hotel, has been listed for sale.

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Crossing Over

Mall developer Rick Caruso is sold on bringing concierge service to office workers

Rick Caruso is confident tenants are ready to buy into his retail approach to providing service at his office property.

Seller Walks Away From Santa Monica Promenade

SALE: Joint venture scores $96.3 million for building bought for $13.8 million.

It’s not every day that large properties on Santa Monica’s Third Street Promenade become available.

Mall Makeover Has Little Room for Korean Shops

DEVELOPMENT: Harridge to let tenants go in revamp of Koreatown Galleria.

As developers continue to descend upon Koreatown, betting on the area as a hot residential market, the neighborhood is set to lose many Korean businesses to the redevelopment process.

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Real Estate Vet Aims to Build on Downtown Boom

DEVELOPMENT: Related’s William Witte at home with affordable, luxury housing.

The downtown rooting interests of Related California’s William Witte do not include its NBA teams.

Koreatown’s Galleria to Be Redeveloped

Mid-Wilshire developer Harridge Development Group has purchased Koreatown’s most well-known mall, the Wilshire Galleria, for $49 million with an intention to rebuild it.

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New Wave

How to make millions flipping in Venice

Designer Kim Gordon has homed in on turning aged Venice houses into multimillion-dollar properties.

Brokerage Founder Credits Star for Guiding Career

SALES: Tami Pardee says working for Sharon Stone taught her how to succeed.

When she worked as Sharon Stone’s personal assistant, the first instructions Tami Pardee heard from her famous boss were, “I never want to hear the word ‘no’ from you.”

CityView Sells Properties it Bought ‘Opportunistically’

Westwood’s CityView announced Monday it has sold four multifamily properties in Los Angeles County that it acquired at deep discounts during the downturn. It did not say how much it had paid for the properties, but said it sold them for $141 million. The properties are located in Hollywood, North Hollywood, Covina and La Mirada.

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