Caruso blows past 7-figure mark in gubernatorial race

No less a source than Politico recently flagged as particularly newsworthy the “seven-figures” in campaign money the broad business community in Los Angeles is set to spend over four city races this November. Rick Caruso is set to double that, out of his own pocket in backing Matt Mahan’s gubernatorial bid. Caruso has never been particularly clubby with other real estate developers or the rest of the business community — he’s got his USC alumni ties, to be sure, but has tended to be just as involved with the Catholic Church and nonprofits such as social service provider Para Los […]This article originally appeared on The Real Deal. Click here to read the full story.