The Los Angeles County wildfires that torched more than 16,000 homes, businesses and other buildings last month could burn a $9 billion hole in the region’s economy, according to a study. The Los Angeles County Economic Development ...
A new record will be set in Encino with the planned listing next week of a nearly $40 million estate as some agents see more interest in the San Fernando Valley neighborhood from Westside residents. No other Encino listing on the ...
Ohr Haemet plans to build a 150-unit affordable apartment complex in Mid-City. The Pico-Robertson-based nonprofit developer led by Rabbi David Akhamzadeh, filed plans to build the six-story building at 2600 South Robertson Boulevard, ...
Ashford Hospitality Trust has snagged a $580 million loan to refinance 16 hotels in Florida and California, including one in Beverly Hills. The Dallas-based real estate investment trust secured the loan backed by the hotels, including ...
Beverly Hills-based Bolour Associates traded a 1-acre beachfront retail and short-term rental portfolio where it had been planning to develop a three-story hotel along The Strand in Hermosa Beach for $33.5 million, the company ...
Carolwood Estates agent Nichole Shanfeld’s sister lost her homes in the Pacific Palisades and Malibu during January’s fires. Insurance will come up short for the property in Malibu — which saw about one-third of the city destroyed from ...
State Farm General faces $612 million in losses from the wildfires that burned through thousands of homes in Los Angeles County last month. The state’s largest insurer, a unit of Illinois-based State Farm Mutual Automobile Insurance, ...
Hudson Pacific Properties is selling four office buildings for up to $150 million as it struggles with hundreds of millions in financial losses from low-performing office and studio properties. The Brentwood-based investor is shedding ...
To lie or not to lie about $5,556-a-day in pay, that is the question between Los Angeles Mayor Karen Bass and Steve Soboroff, the city’s wildfire recovery czar. Soboroff, L.A.’s chief recovery officer, told a crowd at Harvard-Westlake ...
Culver City-based Primestor Development is getting ready to swing hammers in Los Angeles after raising $215 million to invest in new multifamily projects near public transit, The Real Deal has learned. Primestor closed its Urban Vision ...