Month: March 2026

Mayoral hopefuls Nithya Raman and Adam Miller took turns jabbing at Mayor Karen Bass during a candidate forum as the incumbent dug in on her accomplishments of the past three years. The trio spoke Sunday afternoon at what was dubbed a mayoral forum hosted by the Pacific Palisades Democratic Club. It was the first public…

Here’s an additional finding from The Real Deal’s recently published top 100: the founder factor is real.  Our selection of the most prominent people in Southern California real estate has a lot of founders, who, even if they’ve stepped back on paper, still appear to be very much in.  There is no better example than…

Buckle up as the fight over Los Angeles’ so-called mansion tax gets rowdy. With Friday’s initial meeting of the city’s Ad Hoc Committee on Measure United to House Los Angeles, the three-person group could very well pave the way for amendments to the contentious 2022 ballot measure. What shape those possible changes could take is…

Beverly Hills officials were forced to reverse their high-profile rejections of builder’s remedy projects.  The Beverly Hills City Council voted this week to overturn a prior denial, granting an appeal from developer Crescent Heights and approving the firm’s planned 26-story residential tower at 8844 Burton Way, Urbanize Los Angeles reported. The approval comes a few…

Brookfield’s Bank of America Plaza office tower in Downtown Los Angeles found a buyer from inside the building.  Capital Group entered an agreement to buy the 55-story building at 333 South Hope Street for $210 million or roughly $150 per square foot for the nearly 1.4-million-square-foot building, Commercial Observer reported, citing a source familiar with…

An Altadena homeowners association is going to court over a controversial special assessment issued in the wake of the Eaton fire. The gated Altadena community lost 52 of its 272 homes in last year’s Eaton fire, but all homeowners in the community have been hit with a $23,614 special assessment from the homeowners association, the…

The committee formed to tackle all matters related to Measure United to House Los Angeles met for the first time on Friday in what’s shaping up to be another contentious battle over the so-called mansion tax. At the heart of the tussle is whether the Measure ULA ad hoc committee will make recommendations to the…

More multifamily housing is poised to rise in West Hollywood.  Shoreham Capital has proposed replacing a duplex at 8760 Shoreham Drive with a new six-story building containing 22 one- and two-bedroom units above a 23-car garage, Urbanize Los Angeles reported. The West Hollywood Planning Commission’s Design Review Subcommittee is set to review the plan and…

As the third quarter comes to a close, a social services organization has notched the largest office lease of the year so far in Los Angeles County.  The North Los Angeles County Regional Center has renewed and expanded its headquarters lease at 9200 Oakdale Avenue in Chatsworth, growing its footprint at the building from 112,115…

A well-positioned buyer has the chance to give their rose to a sprawling estate in the Los Angeles area.  Hummingbird Nest Ranch, a roughly 124-acre property in Simi Valley, is on the market for $78 million, the Wall Street Journal reported. The ranch has been used as a filming location for reality TV shows like…