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Goldman Sachs Group is saying “action” to the acquisition of a historic Los Angeles studio lot. The New York-based firm is leading a takeover of the Radford Studio Center at 4024 Radford Avenue in Studio City after owner Hackman Capital Pa...
https://journal.firsttuesday.us/wp-content/uploads/Audio-LW_455.mp3Why this matters: New legislation aims at greater transparency and mandates disclosures on a home’s smoking history among other hazards, allowing agents and brokers to bette...
An entity connected to MetLife sold an apartment tower in Downtown Los Angeles for $68.8 million, according to property records dated late December. The buyer is a company owned by APW Avenue Group, which received a $56.8 million loan from Prim...
https://journal.firsttuesday.us/wp-content/uploads/AUDIO_LW_723.mp3Why this matters: Digitally manipulating images of property interferes with the general duty seller agents owe buyers and sellers. Proper disclosure, as set down by new legisl...
Key Takeaways
HELOCs work similarly to credit cards, with draw and repayment periods
A HELOC generally costs less than a cash-out refinance
HELOC interest rates typically tie half to a full percentage point above the prime rate
Check...
https://journal.firsttuesday.us/wp-content/uploads/AUDIO-LW_495.mp3Why this article is important: When a home is destroyed by wildfire, insurance companies are often slow to assist. A new law holds insurers to higher standards when responding...
Downsizing your home is a major decision, and the right moment to act is not always obvious. The best time to downsize is whenever your current home no longer aligns with your financial, lifestyle, or personal needs. It’s less about th...
Kilroy Realty has made another move to reshape its portfolio, shedding another not-so-occupied property as the company faces a wave of lease expirations. The deal for the Sunset Media Center looks like a discount for joint venture Hankey Inves...