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Month: December 2022

LA County seeks developer to turn hospital into housing

A photo illustration of Los Angeles County Supervisor Hilda Solis and 1200 State Street in Los Angeles (Getty, Los Angeles Conservancy) Los Angeles County has amassed $120 million to upgrade infrastructure beneath its long-closed ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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LA Council’s Nithya Raman pushes just cause evictions

Councilmember and tenant advocate Nithya Raman (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Nithya Raman/Public domain/via Wikimedia Commons) On Dec. 13, ahead of the first City Council meeting of Karen Bass’s ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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LA mayor fast-tracks homeless shelters and 100% affordable housing

LA Mayor Karen Bass (Getty) Newly elected Los Angeles Mayor Karen Bass had promised to “hit the ground running” to tackle homelessness. Her first executive order: to fast-track shelters and affordable housing. The mayor ordered city ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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Jose Huizar wants solo trial in development scandal

Jose Huizar (Getty; Illustration by The Real Deal) Jose Huizar, the former member of the L.A. City Council who was charged with accepting bribes from developers in exchange for approving their Downtown L.A. projects, wants a separate ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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Shapell Properties envisions 209 apartments in Norwalk

Shapell Properties’ William West with rendering of 11600 Alondra Boulevard (LinkedIn, AO) Shapell Properties aims to turn the grounds of a former swap meet in Norwalk into more than 200 apartments, with streetside shops and ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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South LA apartment project near Metro line gets green light

Renaissance Realty Group’s Jamial Clark (Getty, Renaissance Realty Group, LA City Planning) The Los Angeles Planning Commission gave a green light to a mixed-use development less than a mile away from a stop on the Metro’s K-Line, the ...

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  • 16 Dec
  • The Real Deal
  • Uncategorized
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Corcoran taps new NorCal franchise after Global Living fiasco

From left: Corcoran’s Steve Belluomini, Pam Liebman, Michael Mahon and Randall Kostick (Corcoran, Getty) After axing its ties with embattled franchise Corcoran Global Living, the Corcoran Group announced a new agreement with an ...

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  • 16 Dec
  • The Real Deal
  • Uncategorized
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CapRock nails down $50M loan to build Pomona warehouse

CapRock Partners’ Patrick Daniels and 4200 W. Valley Blvd., Pomona (Getty, CapRock Partners, Google Maps) CapRock Partners has snagged a $50 million loan to build a 270,000-square-foot warehouse in Pomona. The Newport Beach-based ...

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  • 16 Dec
  • The Real Deal
  • Uncategorized
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Hesperia, sheriffs settle with Feds over “crime-free housing” law

U.S. Assistant Attorney General Kristen Clarke and Hesperia City Hall, 9700 Seventh Ave, Hesperia (Justice.gov, Wikipedia/Gutterboi) An Inland Empire city and sheriff’s department accused of illegally evicting Black and Latino renters ...

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  • 16 Dec
  • The Real Deal
  • Uncategorized
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Builder’s justice: How a legal loophole could reshape California

Neil Shekhter (Photo-illustration by Paul Dilakian/The Real Deal; Shekhter photo by Kevin Scanlon) For nearly four hours on Oct. 11, Santa Monica appeared headed for another forgettable Tuesday evening council meeting. From their perch ...

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  • 16 Dec
  • The Real Deal
  • Uncategorized
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