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Tuesday, June 05, 2018

Why A Workshop In D.C. Is So Important to America's Real Estate Industry

Why A Workshop In D.C. Is So Important to America's Real Estate Industry: The FTC and DOJ are convening bigwigs from Zillow, Redfin and more to evaluate the state of listings and competition. The findings could shape the industry's future

Canyon Partners Real Estate and Pasadena-based CIT Bank Buy Harvey Apartments in Hollywood | Los Angeles Business Journal

Canyon Partners Real Estate and Pasadena-based CIT Bank Buy Harvey Apartments in Hollywood | Los Angeles Business Journal: Century City-based investment firm Canyon Partners Real Estate and Pasadena-based CIT Bank have purchased the Harvey Apartments in Hollywood.

The purchase of the four-story, 177-unit apartment building that includes 1,900 square feet of ground retail space at 5640 Santa Monica Blvd. was consummated via the Canyon Multifamily Impact Fund III, a joint venture between Canyon and CIT Bank. CIT’s real estate finance business provided a $20.4 million senior loan to fund the purchase as well as capital improvements.