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Month: April 2022

Yorba Linda first city in OC to complete state-mandated housing plan

(iStock) Most Southern California cities have missed a deadline to revise long-term housing plans to meet state-mandated standards – but not Yorba Linda. The city is the first in Orange County to adopt a state-mandated plan, providing ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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Bill to boost renter tax credit moves in legislature

Senator Steve Glazer (California State Senate, iStock, Illustration by Kevin Cifuentes for The Real Deal) A bill that would give an estimated 2 million California renters a $500 tax credit has passed through one legislative committee ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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Oaktree, Trinity buy Hyatt Regency Indian Wells for $137.5M

Oaktree’s Jay Wintrob and Trinity’s Sean Hehir with the Hyatt Regency Indian Wells (Oaktree Capital Management, Trinity Real Estate Investments, Hyatt) Oaktree Capital Management and Trinity Real Estate Investments have bought a Hyatt ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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Pasadena looks set to end emergency eviction moratorium

Mayor Victor Gordo (Getty, iStock) Pasadena might soon end a moratorium on tenant evictions for homes and businesses enacted at the beginning of the coronavirus pandemic. Pasadena City Attorney Michele Beal Bagneris is drawing up an ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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USPS signs its largest CA lease since 2018

27400 5th Street (Loopnet, iStock, Illustration by Shea Monahan for the Real Deal) The U.S. Postal Service is expanding in the Inland Empire, The Real Deal has learned. USPS has leased a 350,000-square-foot building in Highland, ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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8899 Beverly out of gate with new high for LA condo

Townscape’s Tyler Siegel and John Irwin with 8899 Beverly (Getty, Nils Timm) Long buzzed-about condominium project 8899 Beverly in West Hollywood wasted no time in setting a new benchmark on price for this year. Unit 7BE at the ...

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  • 15 Apr
  • The Real Deal
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Senior housing eyed on site of shuttered hardware store complex in Glendale

Sunrise Senior Living’s Jack Callison, Jr with proposed project at 520 and 534 N. Glendale Avenue (LinkedIn, Lantz-Boggio Architects, iStock) A developer has filed plans to replace the shuttered Virgil’s Hardware Home Center in ...

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  • 14 Apr
  • The Real Deal
  • Uncategorized
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Google to spend $3.5B on offices, data centers in California this year

Google’s Sundar Pichai and the Bay View campus (Getty, Heatherwick Studio) Google plans to spend more than $3.5 billion on offices and data centers in California this year, part of its $9.5 billion investment in such properties across ...

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  • 14 Apr
  • The Real Deal
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Long Beach property owner challenges vacant lot fee

Howard Jarvis Taxpayers’ Jon Coupal (LinkedIn, iStock) An anti-tax group has joined a Long Beach property owner in a constitutional challenge to a city ordinance that requires residents be charged a monthly fee for letting their land ...

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  • 14 Apr
  • The Real Deal
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West Hollywood luxury hotel hits market

John Kukral in front of the the London West Hollywood Hotel at 1020 North San Vicente Boulevard in West Hollywood (Getty Images, iStock/Photo Illustration by Steven Dilakian for The Real Deal) The 226-room London West Hollywood at ...

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  • 14 Apr
  • The Real Deal
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