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Month: April 2025

Commercial brokerage maps air taxi strategy for LA market

Commercial Brokers International is spearheading a venture to put air taxis in Southern California in time for the 2028 Summer Olympics. The Los Angeles-based brokerage has partnered with U.K.-based Skyports to identify eight local ...

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  • 24 Apr
  • The Real Deal
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Retired judge joins lawsuit against LA utility after losing Palisades home

A retired federal judge who oversaw a $1 billion settlement for some of the state’s largest wildfires has joined a lawsuit against the nation’s largest public utility providing water and power after losing his home in the Pacific ...

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  • 23 Apr
  • The Real Deal
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California lawmakers seek end to CEQA’s reign

A specter is haunting California — the specter of CEQA. The 1970 statute known as the California Environmental Quality Act could get a major reform if lawmakers in Sacramento pass a bill exempting urban housing development from onerous ...

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  • 23 Apr
  • The Real Deal
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Trousdale Estates mid-century modern property with $26M ask tops LA contracts

Last week offered a bright spot in Los Angeles County deal activity as asking dollar volume ticked up among homes that went into contract. That’s after three straight weeks of declines in asking dollar volume among single-family and ...

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  • 23 Apr
  • The Real Deal
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Jacmar Companies eyes Art Deco-style apartment tower in Santa Monica

The Jacmar Companies wants to build a 13-story, Art Deco-style apartment tower in Santa Monica. The Alhambra-based family office led by John Tilley has filed plans to build the 100-unit high-rise at 1427 Lincoln Boulevard, Urbanize Los ...

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  • 23 Apr
  • The Real Deal
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Appeals court rejects Huntington Beach challenge to state housing blueprint

A federal appellate court has refused to rehear a lawsuit by Huntington Beach seeking to dodge a state requirement that the city plan for more homes. The U.S. Court of Appeals for the Ninth Circuit denied a request from Surf City to ...

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  • 23 Apr
  • The Real Deal
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LA housing construction plunges 57% in 2025  

Housing construction in Los Angeles turned sharply negative in the first quarter of 2025. Officials issued only 1,325 housing permits in the quarter — a 57 percent drop compared to the same period in 2024, according to a Los Angeles ...

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  • 22 Apr
  • The Real Deal
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USC Keck Medicine to invest $250M in new Pasadena clinic

Keck Medicine of USC plans to open a second outpatient medical center in Pasadena, on a prime site directly across from Huntington Hospital. Development of the four-story, 100,000-square-foot medical office building at 590 South Fair ...

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  • 22 Apr
  • The Real Deal
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Insurers in crosshairs of two lawsuits over collusion in fire coverage

Two lawsuits filed in Los Angeles allege home insurers colluded to limit coverage in risky fire zones, forcing homeowners to use the more expensive state-sponsored insurance plan.  The complaints name State Farm and 24 other insurance ...

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  • 22 Apr
  • The Real Deal
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Four projects to know from LA mayor’s state of the city

As real estate holds a collective breath to see whether a plan to expedite permitting in the Pacific Palisades will take hold citywide, some massive projects continue wending their way through Los Angeles’ development pipeline. The ...

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  • 22 Apr
  • The Real Deal
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  • Recent Posts

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