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Callahan Capital Properties Makes Historic LA Deal

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Callahan Capital Properties is making waves in LA today. The Chicago-based real estate group and Montreal partner Ivanhoe Cambridge, which bought a minority stake in 515 N State in March, purchased the PacMutual building from Rising Realty for $200M. Rising paid $60M for the building in 2012, making this one of the most successful flips in LA real estate. To learn more about this historic deal, click here.