Macerich has taken about a 60 percent bite out of its $2 billion debt reduction target. More mall sales should help get it across the finish line. In its third-quarter report, the Santa Monica-based real estate investment trust, ...
Cooper Mount grew up in what some refer to as Old Malibu. Now, he’s helping to broker a wave of megadeals reshaping the city one multi-million-dollar beach house at a time. The Carolwood Estates agent’s name has appeared in reports ...
Karen Winnick hopes another price cut on Casa Encantada to $165 million might help nab the right buyer for the 60-room mansion. The price change is a $30 million reduction, following a $55 million haircut to the asking price about a ...
Timothy Tamura, who named his Valia Properties after an ancient word meaning “there’s value in truth,” has died. The co-founder and managing partner of the Newport Beach-based luxury brokerage died from cancer at an undisclosed time ...
The real estate industry is breathing a sigh of relief because independent Nathan Hochman has secured victory in Los Angeles County’s closely watched district attorney race. The former federal prosecutor won over voters with his ...
A 13,800-square-foot mansion in Dana Point has sold for $24.15 million, marking the highest priced home sale in south Orange County this year. The 0.6-acre peninsula estate traded hands at 9 Oceanfront Lane, in the gated Strand at ...
Orange County’s most famous white elephant is not long for this world. The brutalist concrete monument known as the Ziggurat at 24000 Avila Road in Laguna Niguel is off the auction block and in the hands of 33-year-old developer ...
Landlords across California awoke to good news: California voters appear to have firmly rejected Proposition 33, a measure that would have allowed cities to expand rent control laws. The ballot measure had notched 61.6 percent of ...
It’s official. Office tenants in Downtown Los Angeles are clearing their office desks for tonier digs in Century City, Pasadena and El Segundo. Business tenants have shifted half or more of their employees from offices in Downtown to ...
Leo Pustilnikov has let his Skid Row properties go to the dogs, tenants say. The Beverly Hills-based investor who paid $10 million for one of the biggest homeless housing portfolios in Los Angeles has cut security and janitorial ...