Multifamily investors placed big bets on discounted properties across Los Angeles County this year, with a scant few of those buyers paying more in 2024 than the previous time the same building traded hands. Sales volume for the ...
Related California wants to demolish a movieplex near Newport Beach’s Fashion Island to build two condominium highrises. The Irvine unit of New York-based Related Companies has filed plans to build the 140-unit towers at 210 and 300 ...
Los Angeles luxury real estate went quiet for the holiday as signed contract activity slowed during Christmas week. Six homes went into contract equating to asking dollar volume of $29.7 million, according to Douglas Elliman’s Eklund ...
Alterra IOS has bought a 15-acre truck storage yard in the Inland Empire in a sale-leaseback deal for $51 million. The industrial investment arm of Philadelphia-based Alterra Property Group purchased the industrial outdoor storage yard ...
Never mind the glamorous addresses and eye-watering prices. If there’s one takeaway from Los Angeles’ most expensive residential deals, it’s that 2024 was the year of Carolwood Estates. The Beverly Hills boutique brokerage — started in ...
Fire tore through the upper floors of the boarded-up Morrison Hotel Thursday in Downtown Los Angeles, destroying a large portion of the pop culture landmark that’s immortalized by The Doors’ 1970 album cover with the same name. The ...
State Attorney General has sued Chinese Committee on Aging Housing Corporation and CEO Donald Toy over botched operations at the Cathay Manor Apartments in L.A.’s Chinatown. The lawsuit, filed in L.A. Superior Court, alleges the ...
Distress and discount prices defined the L.A. office market in 2024. Buyers came out the clear winners in this context as those with ready capital nabbed deals. Meanwhile, Downtown L.A. office continued to limp along, fashion firms saw ...
Developer Thomas “Tommy” Beadel has a new pitch for the city of Los Angeles: develop a five-story, 100 percent affordable housing project in Studio City. That’s according to Los Angeles City Planning documents filed earlier this month, ...
Tenants largely stayed put in 2024, with few looking to take the leap into new offices. That’s reflected in this year’s list of the largest leases in Los Angeles County, with the roundup dominated by renewals and only two new deals. ...