Capital Group CEO puts Palos Verdes Estate mansion up for sale at $35M

The Real Deal
245 Rocky Point Road is owned by the Del Mar Trust, which is managed by Timothy Armour, chairman and CEO of investment management company Capital Group, according to property records. The home was listed by Britt Austin and Cari Corbalis of Vista Sotheby’s International Realty.
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Traffic Signal Improvement work to begin at PCH and Las Flores on Sept. 25, expect intermittent lane closures

The Malibu Times
Caltrans will have intermittent lane closures for a project to improve a left turn lane and traffic signal on southbound PCH at Las Flores Canyon Road to enhance safety and traffic flow starting September 25.
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Nobu Malibu Is Being Sued for Sexual Harassment and Discrimination

Got To Article
Nobu Malibu—which is frequented by stars like Leonardo DiCaprio, Bradley Cooper, and Justin Bieber—was sued this week by a hostess for sexual assault, battery, gender discrimination, and retaliation, the Los Angeles Times reported on Thursday. The unnamed plaintiff is hoping to receive at least $500,000 in damages.
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Waves freshmen garner preseason appreciation

The Malibu Times
Men’s tennis player Winter ranked fifth among newcomers; beach volleyball player Meyers an honorable mention All-America Two first-year Pepperdine Waves athletes received recognition last week. Freshman men’s tennis player Edward Winter was ranked fifth on the Intercollegiate Tennis Association’s Preseason Newcomer Rankings on Sept.
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