California landlords may have just toppled their chief nemesis in a decadelong battle over local rent control ordinances. AIDS Healthcare Foundation President Michael Weinstein conceded in the fight against Proposition 34 Friday after ...
Santa Monica Place can’t seem to catch a break, with the specialty mall’s value taking another hit as its owner looks to clinch a sale of the property. The Macerich-owned shopping center’s value is down about 35 percent to $255 million ...
Hines has beat back an appeal trying to block a 13-story office project in Downtown Los Angeles, but the developer may have a harder time beating a market where a third of offices sit empty. The Houston-based company got the nod from ...
Southern California has grown more expensive, with a million homes valued at $1 million or more. The five-county region has 1.08 million seven-figure homes last year, the Orange County Register reported, citing figures from ...
A Los Angeles institution for gourmet food and fine dining backed by denim kingpins Paul and Maurice Marciano has made its way to the Reuben Brothers’ Century Plaza. The $2.5 billion, 6-acre Century City project will see a new concept ...
San Diego-based California Bank & Trust will move its Downtown Los Angeles office to the 62-story AON Center. The bank signed on for 28,603 square feet of offices at Carolwood’s 707 Wilshire Boulevard, according to landlord broker ...
A Los Angeles plan to rezone multifamily housing could put tenants in rent-controlled apartments on the curb. A Citywide Housing Incentive Program ordinance to be heard by the City Council’s Planning and Land Use Management Committee ...
Snell & Wilmer has expanded its offices in Costa Mesa in the second largest law firm lease in Orange County this year. The Phoenix-based firm leased three floors for 57,300 square feet, expanding its footprint by 8 percent in ...
Shopping center owner Castle & Cooke nabbed $140 million in refinancing for its Corona property in yet another bright spot for Inland Empire retail. Deutsche Bank AG provided the loan for the roughly 834,000-square-foot Crossings ...
Rents have slipped across greater Los Angeles with fewer apartment vacancies except the luxury market, where the vacancy has hit 13.1 percent. Rents across Los Angeles County dipped 0.3 percent in the third quarter to $2,232 from the ...