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Month: February 2026

Hsieh takes victory lap on billion-dollar mall sell-offs

Santa Monica-based Macerich has joined the parade of REITs selling off real estate, with the retail specialist dumping more than a billion dollars worth of property in the last year and a half. And it isn’t through. Macerich is now ...

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  • 21 Feb
  • The Real Deal
  • Uncategorized
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LA County far behind housing production goals as shortage worsens

Los Angeles County has a long way to go before fixing its housing shortage after decades of building too little housing to meet growing demand.  Over a 40-year period since the 1970s, California built 325 new housing units for every ...

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  • 20 Feb
  • The Real Deal
  • Uncategorized
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Izek Shomof’s next office-to-resi target: Americana at Brand-adjacent building in Glendale

Izek Shomof is taking his office-to-residential conversion talents from downtown Los Angeles and Long Beach to Glendale.  The developer has filed plans to convert a 19-story office building at 101 North Brand Boulevard into 312 units, ...

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  • 20 Feb
  • The Real Deal
  • Uncategorized
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Proposed billionaire tax “icing on cake” of resi headwinds in California

Really?  That’s what some in Los Angeles real estate are asking as proponents look to put a proposed billionaire tax onto the November ballot. “This will be the icing on the cake and the most detrimental thing to happen to California, ...

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  • 20 Feb
  • The Real Deal
  • Uncategorized
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Irvine locals raise big stink over Brookfield’s landfill-adjacent housing plans

Irvine city leaders wasted little time in handing over an industrial site to Brookfield Residential Properties for development, but the project is already causing a big stink — and dealing with one.  Earlier this month, demolition ...

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  • 20 Feb
  • The Real Deal
  • Uncategorized
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NorthPoint sells 100 acres in Lancaster for planned 400K sf manufacturing facility

The Inland Empire and South Bay are two of the top industrial markets in the country, but Jensen Infrastructure is looking to expand elsewhere in Greater Los Angeles.  Reno, Nevada-based Jensen acquired 100 acres in Lancaster, ...

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  • 19 Feb
  • The Real Deal
  • Uncategorized
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RBM eyes former Rancho Park restaurant for housing, retail

The location of a closed restaurant on Los Angeles’ Westside has been floated for redevelopment into housing and retail.  RBM of California filed an application with the Los Angeles Department of City Planning to demolish the existing ...

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  • 19 Feb
  • The Real Deal
  • Uncategorized
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Relevant’s Grant King hands back keys to Hollywood hotel

The embattled Grant King-helmed Relevant Group handed back the keys to a trendy Hollywood hotel to a lender, records reveal.  LCP Group seized control of Dream Hollywood Hotel at 6417 Selma Avenue via a deed in lieu of foreclosure ...

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  • 19 Feb
  • The Real Deal
  • Uncategorized
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Bernie Sanders hits Mark Zuckerberg’s resi portfolio in push for “billionaire tax”

U.S. Senator Bernie Sanders aimed for California’s class of tech titans and struck the heart of the Golden State’s luxury residential real estate market in leading a rally for the proposed 2026 Billionaire Tax Act that calls for a ...

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  • 19 Feb
  • The Real Deal
  • Uncategorized
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TruAmerica acquires apartments on LA’s Westside

TruAmerica Multifamily is adding to its holdings on the Westside with two multifamily property acquisitions.  Century City-based TruAmerica purchased the Luxe Villas and Haven Apartments, comprising 157 units, for an undisclosed price, ...

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  • 19 Feb
  • The Real Deal
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  • Recent Posts

    • Hsieh takes victory lap on billion-dollar mall sell-offs February 21, 2026
    • LA County far behind housing production goals as shortage worsens February 20, 2026
    • Izek Shomof’s next office-to-resi target: Americana at Brand-adjacent building in Glendale February 20, 2026
    • Proposed billionaire tax “icing on cake” of resi headwinds in California February 20, 2026
    • Irvine locals raise big stink over Brookfield’s landfill-adjacent housing plans February 20, 2026
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