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Month: March 2025

Will LA rise to single-stair challenge?

Los Angeles may soon lower the cost of building apartments by allowing just one single stairway. Council member Nithya Raman filed a motion to scrub requirements for double stairwells and dual-loaded corridors as early 20th century ...

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  • 11 Mar
  • The Real Deal
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Fire claims derelict industrial property in DTLA’s South Park

Arson investigators are sifting through the ashes of a two-story industrial building to find the cause of the blaze that burned parts of nearby buildings in Downtown Los Angeles. It took more than 100 Los Angeles firefighters on Monday ...

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  • 11 Mar
  • The Real Deal
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Prologis shifts gears on Arts District plan

Prologis has moved forward with plans to redevelop a former Greyhound bus station in Downtown Los Angeles into an entertainment studio campus. The San Francisco-based industrial developer had a new planning study published last month ...

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  • 10 Mar
  • The Real Deal
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OC manse trades for $16M to set Laguna Niguel record

A Spanish-style mansion in a gated Laguna Niguel community sold for $16.3 million, marking a new record for the city. The sale of 7 Searidge beats out the city’s previous all-time residential high of $15 million for a two-lot ...

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  • 10 Mar
  • The Real Deal
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LA City Council passes temporary ban on “substantial remodel” evictions

Tenants in Los Angeles won a temporary victory as their landlords are now barred by the city from evicting them over major renovations. The City Council unanimously voted on an ordinance launched by Council member Bob Blumenfield to ...

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  • 10 Mar
  • The Real Deal
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Movers: Westside Estate Agency dips into Elliman roster with latest adds

Westside Estate Agency bolstered its ranks as it poached three agents from Douglas Elliman. Gina Dickerson and Rob Moravsky, with a combined production of nearly $400 million, are now in WEA’s Beverly Hills office on Canon Drive. They ...

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  • 10 Mar
  • The Real Deal
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Could a move to recall Karen Bass take off?

L.A. Mayor Karen Bass touted Friday’s lifting of the Pacific Palisades “Do Not Drink” notice as her communications team hailed what they said is a recovery tracking ahead of expectations.   A group that emerged this past week views ...

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  • 08 Mar
  • The Real Deal
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Affordable residential project cleared for Lake Balboa

Linc Housing was awarded up to $78.7 million in bond financing to build a 194-unit affordable housing complex in Lake Balboa. The Long Beach-based developer was issued the financing from the Los Angeles Housing Authority Board of ...

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  • 07 Mar
  • The Real Deal
  • Uncategorized
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SoLa Impact snags $35M loan for modular housing in South LA

SoLa Impact has secured a $34.8 million construction loan to build 188 affordable apartments in South Los Angeles. The Watts-based “social impact” fund led by Martin Muoto landed the loan to build a five-story building at 4301 Vermont ...

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  • 07 Mar
  • The Real Deal
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LA’s vision for single-family infill development limited to design contest

Calling all architects! The City of Los Angeles has launched a design contest for how best to squeeze the most for-sale homes inside a small city-owned lot. The Los Angeles initiative, dubbed Small Lots, Big Impacts, features a design ...

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  • 07 Mar
  • The Real Deal
  • Uncategorized
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