There was lots of distress throughout Los Angeles this week. Let’s start with the Pasadena Office Tower. The nine-story tower at 150 South Los Robles Avenue was reappraised at $23 million, a 59 percent decrease from its appraisal a ...
Any anniversary is a good time for reflection. California Gov. Gavin Newsom was in Pasadena on July 7, along with Los Angeles County Supervisor Kathryn Barger, U.S. Senator Alex Padilla and other state and local leaders. They were ...
After landing in special servicing due to imminent monetary default last year, Rising Realty Partners’ One California Plaza in Downtown Los Angeles is in foreclosure, according to Trepp. The Class A office property’s appraised value ...
A new hotel and residential complex in Downtown Los Angeles is heading toward construction. The Los Angeles City Planning Commission has given the green light to a proposal from L.A.-based Jade Enterprises to build the South Park ...
Maybe everyone’s on vacation but recruiting in Los Angeles has been quiet for the broader residential real estate industry more recently. Still, Compass landed Brian Sperry, who bounced back to the brokerage from Coldwell Banker ...
Silver Creek Development has brought its luxury mixed-use plans for the Sunset Strip back from the dead. The Scottsdale, Arizona-based developer secured a $71 million loan from Centennial Bank and Crestline Investors for its 8850 ...
Mark Moshayedi’s Space Investment Partners purchased the Fullerton Metrocenter for $118.5 million. Space Investment Partners nabbed the property at 1307-1447 South Harbor Boulevard from Kite Realty Group, which acquired it in 2021 for ...
The state of California is looking to swoop in and help build affordable rental housing in areas burned by the Los Angeles wildfires. Gov. Gavin Newsom has tapped the California Department of Housing and Community Development to ...
Proponents of L.A.’s luxury condo market may have just scored another win. Penthouse B at the West Hollywood Edition found a buyer last week to also make it the seven-day period’s top signed contract based on asking price, according to ...
The city of Inglewood is poised to get nearly 600 new townhomes near the sprawling Hollywood Park entertainment hub. An environmental report published by the city shows that HAS INDW Property Owner LLC has applied to build 571 ...