Rancho Palos Verdes has approved a new draft of its state-required housing plan, more than two years after the city blew its deadline. The upscale South Bay city approved a plan to build 647 homes by 2029, despite pushback from ...
Valencia Town Center could become a great destination for families to live, play and work, not unlike Irvine Spectrum Center in Orange County. The Irvine mall developed by the Irvine Company could serve as a model for Santa Clarita, ...
Redcar Properties has upgraded plans for a 47,300-square-foot office building in Santa Monica. The locally based developer led by Jim Jacobsen unveiled a new look before the city Architectural Review Board for the three-story building ...
Bank of Southern California has listed three apartment complexes in Santa Monica for sale — properties formerly owned by developer Neil Shekhter, The Real Deal has learned. NMS Properties’ Neil Shekhter The bank foreclosed on the ...
DJM Capital and PGIM have listed an 853,000-square-foot shopping center approved for 300 homes in Huntington Beach. The outdoor mall could fetch $300 million. The San Jose-based developer and the real estate arm of Prudential ...
A spec home in the Bird Streets has sold for $62.8 million — the most expensive residential sale in Los Angeles County so far this year. Spec developers Brandon and Deborah Shainfeld sold the 23,000-square-foot estate in a deal that ...
Investor Rommy Shy has sued lender Wilmington Savings Fund Society and several loan servicers over what he describes as the “wrongful foreclosure” of his Beverly Hills mansion, The Real Deal has learned. The property, a 2-acre estate ...
A court-ordered receiver has approved an offer by the AIDS Healthcare Foundation to buy six hotel and apartment buildings for homeless residents on L.A.’s Skid Row for $27 million. The Hollywood-based nonprofit, the world’s largest ...
Long Beach has upgraded its zoning to allow Linc Housing to build 72 affordable apartments and other developers to build homes in “high resource” neighborhoods. The City Council approved the zone change to allow the locally based ...
Macerich has an episode of déjà vu, after a $300 million loan on its Santa Monica Place mall goes to special servicing — the second time in two years. The loan on the 527,000-square-foot mall is expected to see “imminent maturity ...