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Month: March 2025

LA’s dubious distinction: No. 1 on Fannie Mae’s California “blacklist”

Condominium listings across Southern California are soaring — but so are the number of complexes “blacklisted” against loans by Fannie Mae. The No. 1 on the list: Los Angeles. The federally sponsored mortgage financing firm has ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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Aerospace firm to move HQ to 123K sf plant in Carson

Aerospace manufacturing just got a new lift in the South Bay, with Trio Manufacturing tripling the size of its plant. The aerospace firm based in El Segundo will move its headquarters and manufacturing plant to a 123,200-square-foot ...

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  • 21 Mar
  • The Real Deal
  • Uncategorized
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Shopoff buys industrial to build homes in north OC

Shopoff Realty Investments has paid $60 million for two industrial buildings in Buena Park, which it plans to redevelop into homes.  The Irvine-based developer bought the 370,000-square-foot office and warehouse campus at 5600 Beach ...

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  • 20 Mar
  • The Real Deal
  • Uncategorized
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Appraisal points to $81M haircut at Hollywood & Highland

Ovation Hollywood, a 387,000-square-foot office-retail hub along the Hollywood Walk of Fame, has lost a quarter of its value since the pandemic. The five-story center at 6801 Hollywood Boulevard best known as Hollywood & Highland ...

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  • 20 Mar
  • The Real Deal
  • Uncategorized
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4 years after Nithya Raman’s motion, LA considers illegal Airbnb crackdown 

Four years after Los Angeles Council member Nithya Raman introduced a motion to clear out illegal, unregistered Airbnb and other short-term rental operations, the city may finally be cracking down. The City Council unanimously voted ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Azria Estate tries again for buyer with $39M ask

A Holmby Hills mansion tied to one of Los Angeles fashion’s most prominent families is back on the market as it tries another price on for size. The Azria Estate at 10250 West Sunset Boulevard, which has been on and off the market for ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Will Congress turn from Trump on wildfire aid?

President Donald Trump said he wanted strings attached to billions of dollars in federal aid to  Los Angeles County, where firestorms this year torched 16,000 homes and businesses. But Republicans in Congress appear to have cooled on ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Caruso swings against Bass recall 

Billionaire developer Rick Caruso, who poured more than $100 million into a failed bid to defeat Karen Bass for Los Angeles mayor, isn’t shy about bashing the seasoned pol. But the owner of upscale shopping centers fell short of ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Post Investment Group pays $71M for Chaparral Apartments in Palmdale

Jason Post’s Post Investment Group planted a flag in Antelope Valley north of Los Angeles, The Real Deal has learned. The Beverly Hills-based investor paid $71 million to buy Chaparral Apartments, a 296-unit rental complex spanning 16 ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Developers trim Koreatown vision by 32 floors

Townline and Forme Development have trimmed the towering height of a proposed apartment building in Koreatown, which won a preliminary nod for eight stories. The Los Angeles City Planning Commission approved the latest plan by the ...

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  • 18 Mar
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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    • LA County greenlights self-certification for Altadena rebuilding May 8, 2025
    • Irvine Company aims to transform golf course into village of 3K homes May 8, 2025
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