An executive for Pic ‘N’ Save Bargains is recruiting investors hoping to buy 143 defunct 99 Cents Only Stores across Southern California in what could be a boon to commercial landlords. Mark Miller, CEO of the Culver City-based ...
DRA Advisors has sold an outdoor mall in Oxnard, the seaside city in Ventura County, for $90 million — about 5 percent less than what DRA paid for it in 2018. Primestor Development bought the 357,000-square-foot Esplanade Shopping ...
Douglas Elliman has been tapped to market for lease the Fairmont Residences at the Reuben Brothers’ Century Plaza development in Century City. The 50 hotel-branded apartments will only be available for lease, with minimum stays of six ...
In spite of developers’ concerns about the feasibility of Executive Directive 1, a program designed to speed up affordable housing construction, Los Angeles Mayor Karen Bass is looking to make the order permanent. The L.A. City ...
Blackstone is gaining 8,300 apartments across California with its $10 billion acquisition of AIR Communities. On Monday, Blackstone announced it was buying AIR Communities, also known as Apartment Income REIT, for $10 billion or ...
Joshua Tree’s housing market during its pandemic surge looked like an investment oasis, but instead it may have been a mirage. The market in the California desert has dried up after exploding four years ago, the Wall Street Journal ...
TA Partners has filed for bankruptcy on a development site where it once planned a 452-unit residential complex in Playa Vista, The Real Deal has learned. The filing extends a period of distress for the firm, which last year allegedly ...
Homeowners who sold their properties to Opendoor Labs could get money from a settlement with the Federal Trade Commission over deceptive marketing tactics, the agency announced April 3. The nearly 2,500 people who sold to Opendoor in ...
Hackman Capital Partners has scaled back plans for its $1.25 billion redevelopment of Television City in L.A.’s Fairfax District. The Culver City-based property investor was expected to file revised plans to update the 25-acre landmark ...
Legendary Development has beat back an appeal to win approval for an 18-story office building in Downtown L.A.’s Arts District. The Los Angeles City Council has denied the appeal in approving the 316,100-square-foot tower at 411 South ...