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L.A. Luxury Residential Market Attracts Growth; Green Dot Relocates HQ to Pasadena

L.A. Luxury Residential Market Attracts Growth; Green Dot Relocates HQ to Pasadena

By Alex Girda, Associate Editor Even in the face of a downturn, some trends remain ever-present in the Los Angeles residential market. Take the demand for high-end condominium and detached residential properties. As the annual Swanepoel Trends Report notes, the luxury [...]…

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L.A. Luxury Residential Market Attracts Growth; Green Dot Relocates HQ to Pasadena

L.A. Luxury Residential Market Attracts Growth; Green Dot Relocates HQ to Pasadena

By Alex Girda, Associate Editor Even in the face of a downturn, some trends remain ever-present in the Los Angeles residential market. Take the demand for high-end condominium and detached residential properties. As the annual Swanepoel Trends Report notes, the luxury [...]…

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CIM Group Acquires Beverly Hills Complex for $47.8M

CIM Group Acquires Beverly Hills Complex for $47.8M

By Alex Girda, Associate Editor A noted Beverly Hills office property recently changed hands when CIM Group purchased the former headquarters of the William Morris talent agency from New York-based investment firm Brickman for $47.8 million, according to the Hollywood Reporter. [...]…

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CIM Group Acquires Beverly Hills Complex for $47.8M

CIM Group Acquires Beverly Hills Complex for $47.8M

By Alex Girda, Associate Editor A noted Beverly Hills office property recently changed hands when CIM Group purchased the former headquarters of the William Morris talent agency from New York-based investment firm Brickman for $47.8 million, according to the Hollywood Reporter. [...]…

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Lionstone Catches a Wave in Santa Monica with $90M Buy

Lionstone Catches a Wave in Santa Monica with $90M Buy

By Alex Girda, Associate Editor Houston-based investment management firm Lionstone Group has expanded its footprint in the Los Angeles office market recently with the $90 million acquisition of five new-wave properties in the oceanside community of Santa Monica, Calif.  The “creative office buildings”, [...]…

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Lionstone Catches a Wave in Santa Monica with $90M Buy

Lionstone Catches a Wave in Santa Monica with $90M Buy

By Alex Girda, Associate Editor Houston-based investment management firm Lionstone Group has expanded its footprint in the Los Angeles office market recently with the $90 million acquisition of five new-wave properties in the oceanside community of Santa Monica, Calif.  The “creative office buildings”, [...]…

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Hudson Pacific Goes Hollywood, Pays $92.5M for Office Asset

Hudson Pacific Goes Hollywood, Pays $92.5M for Office Asset

By Alex Girda, Associate Editor CIM Group, a specialist in investing in and developing urban properties, has sold its Hollywood Boulevard headquarters to Hudson Pacific Properties Inc. Hudson Pacific bought the 12-story office building at 6922 Hollywood Boulevard for $92.5 million, the Los Angeles [...]…

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Hudson Pacific Goes Hollywood, Pays $92.5M for Office Asset

Hudson Pacific Goes Hollywood, Pays $92.5M for Office Asset

By Alex Girda, Associate Editor CIM Group, a specialist in investing in and developing urban properties, has sold its Hollywood Boulevard headquarters to Hudson Pacific Properties Inc. Hudson Pacific bought the 12-story office building at 6922 Hollywood Boulevard for $92.5 million, the Los Angeles [...]…

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Student Housing Developers Go to Court; County Proposes Detention Center Improvements

Student Housing Developers Go to Court; County Proposes Detention Center Improvements

By Alex Girda, Associate Editor All is fair in love and development, or at least this seems to be suggested by an open conflict between two student housing development companies active in the Los Angeles area. Conquest Student Housing stands as [...]…

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Student Housing Developers Go to Court; County Proposes Detention Center Improvements

Student Housing Developers Go to Court; County Proposes Detention Center Improvements

By Alex Girda, Associate Editor All is fair in love and development, or at least this seems to be suggested by an open conflict between two student housing development companies active in the Los Angeles area. Conquest Student Housing stands as [...]…

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Transaction Values Take a Punch in California

Transaction Values Take a Punch in California

By Alex Girda, Associate Editor Talk about a paradox. While California’s number of home sales is rising, the median value of those transactions has been falling, according to DataQuick. In a trend that has continued for 13 months, the value of the average [...]…

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Transaction Values Take a Punch in California

Transaction Values Take a Punch in California

By Alex Girda, Associate Editor Talk about a paradox. While California’s number of home sales is rising, the median value of those transactions has been falling, according to DataQuick. In a trend that has continued for 13 months, the value of the average [...]…

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