UPDATED, Dec. 11, 8:59 a.m.: Kennedy Wilson has sold an office property in Glendale for a nearly 60 percent haircut, serving as a benchmark for how far office values have fallen in the last few years. The firm sold 400 and 450 North ...
The federal government has announced a $3 billion investment in a high-speed rail system connecting Southern California to Las Vegas. The fully electric high-speed rail system is set to cover a distance of 218 miles along the 15 ...
The U.S. Department of Justice sought the forfeiture in 2022 of a $64 million Holmby Hills mansion located at 530 South Mapleton Drive, which was owned by the former finance minister of Armenia. More than a year later, the case against ...
After Los Angeles-based Shangri-La Industries defaulted on loans tied to seven Project Homekey developments across the state, one of the lenders called its lawyers. In August, contractor Johnson Electronics sued Shangri-La, asking the ...
The Beverly Hills Estates, the luxury boutique brokerage in West Hollywood, has quietly opened its first satellite office in Ojai, a town in the mountains east of Ventura known for its arts colony and equestrian estates. The satellite ...
A group of limited liability companies controlled by Barry Shy has hit back at Laguna Point Properties, arguing they didn’t breach a $400 million agreement to sell a portfolio of apartment buildings in Downtown L.A. — Laguna Point ...
Eleos Ventures plans to build a 221-unit affordable apartment building in L.A.’s South Park. The Beverly Hills-based affordable housing developer led by David Aghaei and Daniel Dayan have filed plans to build the seven-story complex at ...
TRP Investment Group has bought a 28,000-square-foot event center in Irvine for $10.6 million to serve as the new headquarters for its Tax Resolution Plus service. The Santa Ana-based investor bought the two-story OC Plaza building at ...
Coretrust Capital Partners, having defaulted on a $271 million loan tied to its 640,000-square-foot office campus in Pasadena, will now see it go to auction. The office investment firm based in Downtown L.A. defaulted on the loan in ...
One San Pedro Collaborative has moved forward with a plan to redevelop Rancho San Pedro, a Los Angeles-owned public housing complex built during World War II, with 1,553 homes. The developer received a thumbs up from the Housing ...