Real estate-backed candidates see mixed success in LA, statewide votes

While final results for the California primary are still up in the air, preliminary numbers show a mixed bag for whether real estate-backed candidates enticed voters. In the Los Angeles mayoral race, incumbent Karen Bass held the lead, followed by reality TV star Spencer Pratt, as of Saturday. Bass and Pratt both had industry money poured into their campaigns and were in position to make the November election with nearly 35 percent and 27 percent of the vote, respectively. Bass counts The Wonderful Company’s Lynda and Stewart Resnick, Rexford’s Richard Ziman, luxury home developer Ardie Tavangarian, California Apartment Association’s Political […]

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