Dr. Kwang Yul-cha and 1321-1323 North Virgil Avenue (Facebook, Google Maps) CHA Health Systems is planning to build a 96,000-square-foot medical office as part of Hollywood Presbyterian Medical Center’s 10-year expansion project. The ...
Cover co-founders Alexis Rivas and Jemuel Joseph Cover, a Los Angeles-based startup that builds custom backyard homes for renters and financially challenged relatives, raised $60 million to scale up. Gigafund led the Series B round ...
Contracts are down once again (iStock) The nationwide late-summer uptick in homebuying was short-lived. New contract signings dipped 2.3 percent month-over-month in September and were down 8 percent from September of last year, ...
Sam Zell, founder and chairman, Equity Group Investments (Getty Images, Equity Group Investments) There has been no uniform shape for recovery from the pandemic-driven downturn. In the case of Sam Zell’s Equity Residential, it’s ...
Essex Property Trust CEO Michael Schall (Essex, iStock) Rent reductions last year by Essex Property Trust, one of the largest apartment owners on the West Coast, are finally paying off. Core funds from operations rose 8.6 percent to ...
From left: Eric Garcetti, mayor of Los Angeles, and Charles Schumer, majority leader of the U.S. Senate (Getty Images, iStock) Political leaders from the East Coast and West Coast are fighting over a shrinking pie of federal housing ...
Hudson Pacific Properties CEO Victor Coleman (Hudson Pacific, iStock) Hudson Pacific Properties swung to a loss in the third quarter, leaving a recent run of profitability in the wake of it’s massive plan to expand its studio platform ...
Michael Shabani of Crown Equity and the West Hollywood property (Getty, Leclaireur Los Angeles) Michael Shabani of Crown Equity has sold a 1963-built office and retail building on North Robertson Boulevard in West Hollywood for $15 ...
Robert Shiller (Getty, iStock) After months of U.S. home prices rapidly accelerating, new figures show the growth is slowing — not that bargain hunters are ready to whip out their wallets. U.S. home prices rose 19.8 percent ...
Nile Niami, “The One” mega-mansion & West Hollywood Spec project (iStock, Getty Images, The Society Group) Nile Niami’s company Crestlloyd has filed for bankruptcy protection in an attempt to stop the auction of the Bel Air ...