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Hits and Misses for the Real Estate Week of July 31-August 4

Hits and Misses for the Real Estate Week of July 31-August 4

by Phil Hall | Aug 4, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk’s latest tussle with San Francisco’s authorities, a new life for two “Jersey Shore” landmarks and a realtor whose thirst for milk landed him in hot water. From the wild and woolly world of real estate, here are the hits and misses for...
Howard Hughes’ One-Time LA Mansion Listed for $23 Million

Howard Hughes’ One-Time LA Mansion Listed for $23 Million

by Phil Hall | Jul 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles mansion that was the home to Howard Hughes during his rise to prominence as an aviation industry executive and Hollywood filmmaker has been listed for sale at $23 million. The 0.69-acre property is adjacent to the Wilshire Country Club’s eighth hole,...
Bud Abbott’s Final Home Sells for $1.25 Million

Bud Abbott’s Final Home Sells for $1.25 Million

by Phil Hall | Jul 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles-area home that was the retirement residence for legendary funnyman Bud Abbott sold for $1.25 million. The 0.27-acre property in Woodland Hills, California, features a three-bedroom, two-bathroom, 1,286-square-foot home built in 1956, along with a...
Los Angeles Sued by Rental Property Owners Group Over Rent Increase Freeze

Los Angeles Sued by Rental Property Owners Group Over Rent Increase Freeze

by Phil Hall | Jul 24, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Apartment Association of Greater Los Angeles (AAGLA) has filed a lawsuit against the City of Los Angeles seeking to nullify and enjoin the city from enforcing a pandemic-era ordinance prohibiting rental housing providers from increasing rent. According to AAGLA,...
Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round

Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round

by Phil Hall | Jun 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A platform designed to provide immigrants with the financial identities needed to pursue homeownership, announced an $8 million seed round. The Los Angeles-based Maza enables immigrants to obtain a U.S. Tax ID and a bank account. According to the company, this allows...
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