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A jury has found Shen Zen New World I LLC, which purchased the L.A. Grand Downtown Hotel in the hopes of building a 77-story skyscraper on the site, guilty on eight charges in a federal investigation.
News

Billionaire Chinese Developer Found Guilty Of Bribing Council Member

... Huizar was both the chairman of the L.A. Planning and Land Use Management Committee ... sprawling FBI "Casino Loyale" investigation into L.A. City Hall corruption, which has so ... labor organization’s appeal of another downtown L.A. project. Huizar is scheduled to ...

Nov 11, 2022
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Sixth Street Partners Offers Buyout Of Plymouth Industrial REIT
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Sixth Street Partners Offers Buyout Of Plymouth Industrial REIT

... to 3.3M SF. In June, Sixth Street partnered with L+M Development Partners to focus on affordable housing. The partnership ... the investment, but it is expected to create a new L+M corporate structure and allow the firm to expand into ...

Aug 19, 2025
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CoStar Group HQ
News

CoStar Losing One Of Its Top Execs As It Makes Big Spending Push

... than 25 sites as its 15-year lease at 1331 L St. NW near the White House was expiring, and it ... it during the Great Financial Crisis. The company purchased 1331 L St. NW for $42M in 2010 and sold it less ...

Feb 21, 2024
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CoStar Reportedly Nears Deal To Move HQ From D.C. To Virginia
News

CoStar Reportedly Nears Deal To Move HQ From D.C. To Virginia

... Smith and CoStar declined to comment.  CoStar moved to 1331 L St. NW in 2010, relocating from Bethesda and receiving a ... of this story misstated the year CoStar moved into 1331 L St. NW. It has been corrected.

Jan 31, 2024
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WeWork's Biggest Landlords Balk At SoftBank's Proposed Bankruptcy Financing Plan
News

WeWork's Biggest Landlords Balk At SoftBank's Proposed Bankruptcy Financing Plan

... the financing motion include The Irvine Co., Hudson Pacific Properties, L&L Holding Co., Monday Properties, Kennedy Wilson and IQHQ.  "From a ...

Dec 07, 2023
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'Wow HUUGE': Economists React To October Jobs Report On Twitter
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'Wow HUUGE': Economists React To October Jobs Report On Twitter

... , 574,000, in education. It’s critical that S&L govts use their ARP funds to refill those jobs. 5 ... frictions. Leisure and Hospitality trending ⬆️ pic.twitter.com/AXYAwas392 — Constance L Hunter (@ConstanceHunter) November 5, 2021   We are still millions of ...

Nov 05, 2021
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Noah Zucker downloaded this image on 11/18/2025
News

Sports Real Estate Firm Seregh Buys Tech Startup, Hires New Execs

... more than two decades, including a 17-year tenure at L Catterton Real Estate. Seregh also hired Callie Haines as executive ...

Nov 18, 2025
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The Frederick, a 108-unit affordable apartment building in Arlington that AHC owns.
News

HUD's Area Median Income Standards Work Against Affordable Housing Goals

... by tenants making 60% AMI or less. In L.A. County, 50% AMI is $38,800. ... The median income in poorer parts of L.A.'s Chinatown neighborhood is $27K, TNR reports ... . One solution proposed by tenant advocates in L.A.'s Chinatown is the use of eminent ...

Apr 05, 2021
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$4B UK Life Sciences Fund Reveals First U.S. Investments
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$4B UK Life Sciences Fund Reveals First U.S. Investments

... on tertiary biotech markets. Legal & General Capital, via its Ancora L&G partnership with U.S.-based developer Ancora, will develop ... and VERO Biotech all have space in the building.  Ancora L&G was also selected as the preferred developer of the ...

Oct 26, 2022
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CMBS Issuance Surges Despite Record Delinquencies
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CMBS Issuance Surges Despite Record Delinquencies

... bondholders taking losses for the first time since the GFC. L Brands occupied 77% of New York’s 1740 Broadway before ...

Sep 01, 2025
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