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Month: July 2025

Bass touts fast recovery — but where are the receipts?

Karen Bass’ office likes to tout L.A.’s recovery effort as “on track to be the fastest in state history.” What it’s less chatty about, though, is the cost and funding sources for the consultants paid to assist in the city’s rebuilding. ...

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  • 24 Jul
  • The Real Deal
  • Uncategorized
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Los Angeles residential wildfire damage reaches nearly $52B, according to Redfin 

The January Palisades and Eaton fires damaged about 11,000 residential properties in the city of Los Angeles totaling nearly $52 billion, Redfin reported, citing data from the Los Angeles City Council.  To reach its determinations, ...

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  • 24 Jul
  • The Real Deal
  • Uncategorized
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Local vs. state battle comes to fore — again — with latest CEQA changes

Gov. Gavin Newsom got all the accolades when two budget trailer bills passed last month that create new exemptions to the California Environmental Quality Act. Some local governments sighed in response. That’s because the task of ...

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  • 24 Jul
  • The Real Deal
  • Uncategorized
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Sola Impact, whose for-profit affordable housing business attracted praise from electeds and celebrities, faces trouble with its model

Sola Impact, the Los Angeles-based real estate firm known for an irresistibly capitalist approach to building affordable housing affordably, has been facing major obstacles that could jeopardize its plans and poke holes in its ...

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  • 24 Jul
  • The Real Deal
  • Uncategorized
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Arts District office space on Gordon Ramsay’s plate

Celebrity chef Gordon Ramsay could bring more food and cooking cred to Los Angeles’ burgeoning Arts District.  HexClad, a Ramsay-backed cookware company known for its high-end products, has signed new leases totaling nearly 39,000 ...

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  • 24 Jul
  • The Real Deal
  • Uncategorized
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Bridge Logistics drops $84M for Inland Empire industrial buildings

A Bridge Investment Group Holdings affiliate has made a move to get beyond the backlash against industrial development in California with a deal for  three distribution centers in the Inland Empire.  “Local municipal headwinds, AB 98 ...

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  • 23 Jul
  • The Real Deal
  • Uncategorized
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City of Bell eyes major resi component in downtown plan

The city of Bell is rolling out new zoning regulations in its main commercial corridor in the hope of stimulating housing growth.  The so-called New Bell District Specific Plan includes about 84.3 acres of land area located in the ...

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  • 23 Jul
  • The Real Deal
  • Uncategorized
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Oscar De La Hoya’s LA office building loan flagged for special servicing 

A loan backed by a downtown Los Angeles office building that Oscar De La Hoya owns and occupies is heading to special servicing after missing its July maturity date.  The boxer is trying to get an extension on the nearly $27 million ...

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  • 23 Jul
  • The Real Deal
  • Uncategorized
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Los Angeles hotels see occupancy, daily rate uptick in first half of 2025

Los Angeles hotels saw an uptick in occupancy in the first half of the year compared to the same period last year, but increases could be smaller in the second half.  In the first six months of 2025, hotels in Los Angeles had a 2.7 ...

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  • 23 Jul
  • The Real Deal
  • Uncategorized
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Altadena, Palisades fire victims turn to ADUs amid glacial rebuild process

Homeowners displaced by the January wildfires in Altadena and the Pacific Palisades are hoping to find temporary respite in accessory dwelling units.  In the six months since the fires, ADUs have been able to provide shelter for ...

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  • 23 Jul
  • The Real Deal
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  • Recent Posts

    • Bass touts fast recovery — but where are the receipts? July 24, 2025
    • Los Angeles residential wildfire damage reaches nearly $52B, according to Redfin  July 24, 2025
    • Local vs. state battle comes to fore — again — with latest CEQA changes July 24, 2025
    • Sola Impact, whose for-profit affordable housing business attracted praise from electeds and celebrities, faces trouble with its model July 24, 2025
    • Arts District office space on Gordon Ramsay’s plate July 24, 2025
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