Cathay Bank sued the owner of a Downtown Los Angeles commercial property, claiming the landlord defaulted on a $31 million loan. The lender alleges that a Laeroc Partners affiliate, the borrower and owner of 530 West 6th Street in the ...
The housing market in the Los Angeles metro area could be coming in for a soft landing as home prices are seemingly leveling off. New listings on the market have been registering below current median prices, according to data from ...
Two portions of Santa Clarita’s Centre Pointe Marketplace shopping center sold to separate buyers recently. Spirit Properties, the property’s developer, reaped a combined $33.8 million, L.A. Business First reported. That pencils out ...
It was the personal touch that won over Jay Luchs when Antonio Villaraigosa — a Democrat making his second run for California governor — called to talk about real estate. “I respect him for picking up the phone and calling me to talk ...
California renters moving into a new apartment no longer have to worry if they’ll have a place to store their food. Starting next year, apartment landlords across the state will be required to provide rental units with a refrigerator ...
Senate Bill 79, the landmark legislation allowing for transit-oriented upzoning across the state, is now officially on the law books. But not all officials are happy. Despite Gov. Gavin Newsom’s signature of the bill last week, Los ...
A Powerball winner is using his winnings to help rebuild his hometown of Altadena. Edwin Castro, who bought a record $2 billion Powerball lottery ticket at a gas station in 2022, is one of the biggest buyers of lots in Altadena after ...
Homeboy Industries is hoping to expand in downtown Los Angeles with 200 apartments and a 35,000-square-foot mental health facility, and it has fundraising support from a billionaire. The nonprofit focusing on youth programs and ...
The top Manhattan Beach single-family sale in the first half of the year fetched $4,719 per square foot — nearly $2,000 above the city’s record deal, according to Los Angeles County tax assessor data covering the period. The ...
Commercial real estate professionals shuffled through a film set and gathered at stages five and six at the Lot at Formosa Wednesday morning — and after chatting over coffee and some very-L.A. breakfast burritos, they heard from Ethan ...