A sextet of multifamily brokers who defected from Eastdil last month to rival Newmark say their former employer’s lawsuit is an effort to quell competition and enforce illegal noncompetes. Earlier this month, Eastdil Secured sued ...
Los Angeles developers may have secured a potential win when Mayor Karen Bass revealed plans during her State of the City address for an expedited permitting process in the Pacific Palisades that she said could be taken citywide. Bass ...
Lendlease and a pension fund are building a two-building, 261-unit luxury apartment complex in Baldwin Hills. The Australia-based developer and Aware Super are constructing Habitat LA, a 461,000-square-foot mixed-use project at 3401 ...
The voter-approved mansion tax has resulted in fewer apartments built across Los Angeles. Since Measure ULA was enacted two years ago, permitting for new multifamily projects in the city fell 18 percent in the first year, resulting in ...
Buchanan Street Partners has bought a 16-building industrial and office park in Lake Forest for an estimated $63 million. The Newport Beach-based investor purchased the 227,800-square-foot Spectrum Centre Business Park at 20902-21098 ...
“LA is not okay,” developer Rick Caruso posted to X on Thursday. “People are losing hope in their own city and that should concern all of us,” he went on to write. “It’s time to fix this. It’s time to turn LA around.” They were choice ...
The top-tier office market in Los Angeles is showing signs of strain, as rising vacancies and continued downsizing among major tenants paint a challenging picture for landlords. The Class A office vacancy rate in L.A. hit 23.6 percent ...
Rexford Industrial Realty sold a 102,300-square-foot industrial building in Lake Forest for $50.9 million. The Sawtelle-based real estate investment trust traded the two-story building at 20 Icon, in Foothill Ranch, the Los Angeles ...
All’s well that ends well in Hollywood. Kim Kardashian’s voguish shapewear startup Skims is mending the seams with its new Hollywood landlord, Kingsbarn Realty Capital, after the private equity firm brought a zombie deal back to life. ...
Home sales have flattened and bidding wars have become scarce across Southern California in the wake of national trade tariffs and a rocky stock market. Sales tallies show that 11,966 homes changed hands across the six-county region in ...