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Month: September 2025

Long Beach warehouse lists for $88M amid lull on tariff tumult

A publicly traded real estate investment trust is taking the pause in the tumult over tariffs as an opportunity to unload a decades-old asset in Long Beach  EastGroup Properties is asking $87.6 million for the 261,500 square-foot ...

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  • 10 Sep
  • The Real Deal
  • Uncategorized
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Koreatown parking-to-ADU conversion sparks tenant protests 

Tenants in a Koreatown apartment building have staged a protest after the landlord proposed replacing parking garage spaces with accessory dwelling units.  Residents of the 22-unit building at 501 South Kingsley Drive are standing up ...

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  • 10 Sep
  • The Real Deal
  • Uncategorized
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Inland California beats coastal markets in attracting investor homebuyers

Coastal California might be one of the country’s most desirable locations to buy a home, but investors in the Golden State are fleeing inland in search of deals.  From the beginning of 2024 through this June, seven of California’s 10 ...

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  • 10 Sep
  • The Real Deal
  • Uncategorized
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Long Beach senior housing development gets $80M financing boost

A planned luxury senior housing community in Long Beach has received an $80 million tranche of financing.  Sunrise Senior Living and Quality Senior Housing Foundation have secured the tax-exempt bond financing for Sunrise of Long ...

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  • 10 Sep
  • The Real Deal
  • Uncategorized
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Jamison faces downtown office foreclosure after sale collapsed

Foreclosure is underway for the Jamison Properties-owned office building at 811 Wilshire Boulevard, after the landlord defaulted on debt connected to the property and a deal to sell it fell apart.   Jamison had a buyer under contract ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Trump orders secrecy on $500M vets housing project at Westwood VA LOCAL

President Trump’s planned veteran housing community in West Los Angeles is moving forward under a shroud of secrecy. The Department of Veterans Affairs is purportedly requiring everyone associated with the project’s planning, including ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Corinthia’s Beverly Hills spree snares priciest office deal this year

Corinthia Hotels International is growing its planned redevelopment portfolio in Beverly Hills.  An entity affiliated with the Malta-based hotel owner and manager bought the office building at 9800 Wilshire Boulevard and an adjoining ...

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  • 09 Sep
  • The Real Deal
  • Uncategorized
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Measure ULA pushes city housing funds to record level

The Los Angeles Housing Department is preparing to distribute $387 million to developers across the city to build affordable multifamily residences, marking the biggest such allocation of funds from the Housing Department in the ...

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  • 08 Sep
  • The Real Deal
  • Uncategorized
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Cress Capital spends $41M on discounted Newport Beach office 

Cress Capital has added a discounted office building in Newport Beach to its collection.  The Newport Beach-based real estate company bought the 215,000-square-foot building at 1301 Dove Street for $41 million, the Orange County ...

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  • 08 Sep
  • The Real Deal
  • Uncategorized
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Back-to-school bump in LA as signed contracts reach $138M

Los Angeles County’s residential market showed signs of life in the first week of September. Nineteen homes went into contract, which was good for a total asking volume of $137.5 million. That’s three more signed contracts and an 8.7 ...

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  • 08 Sep
  • The Real Deal
  • Uncategorized
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  • Recent Posts

    • Barbie wishes: Malibu Dream Resort hits market asking $52M October 30, 2025
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    • LA apartment rents drop off with rebound on horizon October 30, 2025
    • Rockwood’s Santa Monica Clock Tower in receivership October 29, 2025
    • BlackRock pays $83M for rare Thousand Oaks multifamily property October 29, 2025
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