From the September issue: The California Assembly has passed a bill that would grant large developments some reprieve from lengthy environmental litigation. Because of the influx of new units to Downtown Los Angeles, landlords are competing to woo tenants with concessions such as a month of free rent or a year of free parking. The much-buzzed-about deal for the Playboy Mansion has finally closed for $100 million, according to the buyer, Twinkie heir Daren Metropoulos. [more]
source https://therealdeal.com/2019/06/07/los-angeles-market-report/
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