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Stuart Gabriel

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BUSINESS
October 16, 2013 | By Andrew Khouri
Southern California home buyers have apparently had their fill of bidding wars, home shortages and double-digit price hikes. For the third straight month, the median home price across the Southland stayed essentially flat, at $382,000. The September data confirmed expert predictions that waning demand would throw a wet blanket over the white-hot market. The stall is owed to multiple factors: buyer fatigue over skyrocketing prices, higher mortgage rates, an expanding supply of homes and a pullback by investors who had swarmed the market.
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BUSINESS
October 16, 2013 | By Andrew Khouri
Southern California home buyers have apparently had their fill of bidding wars, home shortages and double-digit price hikes. For the third straight month, the median home price across the Southland stayed essentially flat, at $382,000. The September data confirmed expert predictions that waning demand would throw a wet blanket over the white-hot market. The stall is owed to multiple factors: buyer fatigue over skyrocketing prices, higher mortgage rates, an expanding supply of homes and a pullback by investors who had swarmed the market.
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BUSINESS
July 8, 2011 | By Lauren Beale, Los Angeles Times
A diamond-encrusted lining is emerging in Southern California's cloudy real estate market. At least a half-dozen Westside mega-estates have sold for more than $20 million so far this year — creating a deafening buzz in local realty circles. Only a few home sales in other Southland counties have surpassed the $20-million mark. On the horizon is the close of Candy Spelling's larger-than-White-House-sized "Manor," which has reigned supreme from its $150-million listing price perch in Holmby Hills for more than two years and is expected to eclipse last year's record $50-million Bel-Air sale by a wide margin.
BUSINESS
July 8, 2011 | By Lauren Beale, Los Angeles Times
A diamond-encrusted lining is emerging in Southern California's cloudy real estate market. At least a half-dozen Westside mega-estates have sold for more than $20 million so far this year — creating a deafening buzz in local realty circles. Only a few home sales in other Southland counties have surpassed the $20-million mark. On the horizon is the close of Candy Spelling's larger-than-White-House-sized "Manor," which has reigned supreme from its $150-million listing price perch in Holmby Hills for more than two years and is expected to eclipse last year's record $50-million Bel-Air sale by a wide margin.
BUSINESS
February 17, 2007 | Annette Haddad, Times Staff Writer
It may not be as dramatic as the Bruins' upset win over the Trojans football team last year, but UCLA has successfully enticed USC's top real estate scholar to quarterback its program. Stuart A. Gabriel, director of the USC Lusk Center for Real Estate and the Lusk Chair in Real Estate, will join UCLA on June 1 and will hold three titles: professor of finance, Arden Realty Chair and director of the Richard S. Ziman Center for Real Estate.
BUSINESS
December 3, 2009 | By Jim Puzzanghera and Alejandro Lazo
Reporting from Los Angeles and Washington Alejandro Lazo -- Thousands of Southern California home buyers, and millions nationwide, will have to come up with more cash and reach higher minimum credit scores to get a government-backed mortgage under changes unveiled by the Federal Housing Administration. Some loans might require more than the current 3.5% minimum down payment, but the Obama administration is resisting calls for an across-the-board hike. Instead, it is looking at other ways to increase the amount of cash at closing, such as requiring borrowers to pay more of their mortgage insurance premiums up front.
BUSINESS
January 15, 2013 | By Alejandro Lazo, Los Angeles Times
Southern California's housing market ended the year with sharp gains, rounding out the first solid year of sustained improvement after nearly five years of real estate malaise - and helping set up further improvement in 2013. The region's median home price registered a sizable 19.6% pop in December compared with the same month last year to hit $323,000, real estate firm DataQuick reported Tuesday. A record level of cash buyers flooded into the market and more move-up homes sold last month.
REAL ESTATE
October 28, 2001 | Inman News Features
A largely unexplained gap between the homeownership rates of whites and blacks in Los Angeles County still would exist even if education and income levels of the two groups were equal, according to findings by the University of Southern California's Lusk Center for Real Estate. A report released last week provides new insight into differences in homeownership rates among blacks, Latinos, Asians and whites in the county.
BUSINESS
July 17, 2011 | By Roger Vincent, Los Angeles Times
The last surviving original developer of Marina del Rey got a little emotional before turning a shovelful of dirt to mark the beginning of a new apartment complex that will replace the one he built in the early 1960s. Under an awning decked in red, white and blue, Jerry Epstein recalled last month how financiers were skeptical of the man-made marina in its early days, and only a "very substantial" loan from actor Kirk Douglas gave Epstein enough cash to build Del Rey Shores apartments on Via Marina.
BUSINESS
February 10, 2012 | By Jim Puzzanghera and Alejandro Lazo, Los Angeles Times
The landmark $25-billion settlement between major banks and state and federal governments is aimed at doing more than just helping people who lost their homes through improper foreclosures. It's an attempt to fix the biggest weak spot in the nation's economy. Although analysts are unsure the cure will take, the outcome could help determine whether voters give President Obama a second turn in office next fall. By most measures, the economy is improving: Unemployment is down, consumer spending is up, and financial markets have regained the ground they lost in the 2008-09 financial crisis.
BUSINESS
February 17, 2007 | Annette Haddad, Times Staff Writer
It may not be as dramatic as the Bruins' upset win over the Trojans football team last year, but UCLA has successfully enticed USC's top real estate scholar to quarterback its program. Stuart A. Gabriel, director of the USC Lusk Center for Real Estate and the Lusk Chair in Real Estate, will join UCLA on June 1 and will hold three titles: professor of finance, Arden Realty Chair and director of the Richard S. Ziman Center for Real Estate.
BUSINESS
August 23, 2012 | By Roger Vincent, Los Angeles Times
Smoky Hollow. Is that a good or a bad name for a neighborhood meant to attract people in creative fields such as entertainment, technology and advertising? That's one of many questions El Segundo leaders have pondered in their campaign to turn the aging Smoky Hollow industrial district into a fashionable enclave of offbeat office buildings and workshops. The attraction? Former warehouses and manufacturing buildings are in demand on the Westside and can command higher rents than traditional high-rises.
BUSINESS
October 21, 2012 | By Roger Vincent
A long-awaited luxury condominium tower developed by giant United Arab Emirates real estate company Emaar Properties has opened near the Los Angeles Country Club. Emaar Properties bought the 22-story Beverly West tower at Wilshire Boulevard and Comstock Avenue for $65 million in 2007 while it was under construction by a previous developer. The housing market crashed soon afterward in the economic downturn. Mohamed Alabbar, chairman of Emaar, kept the property off the market until earlier this year, said Dario De Luca, president of the company's Los Angeles operations.
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