Boxer Oscar De La Hoya defaulted on a $27 million commercial mortgage-backed securities loan connected to an office building in downtown Los Angeles that his company owns and occupies. De La Hoya owes about $23 million and faces ...
Palmer Luckey’s Anduril Industries is growing its presence in Southern California with a second major campus. The Costa Mesa-headquartered aerospace and defense company announced plans to expand by nearly 1.2 million square feet ...
Homebuying in California nearly hit a more than two-decade low last quarter. Across the state, 23,317 existing and newly built homes were sold in November, marking the second-lowest performance in the month in 21 years, the Orange ...
Celebrity agent Santiago Arana is testing a $65 million price tag for his speculative Brentwood mansion that’s being billed as a wellness retreat. The nine-bedroom, 14-bathroom residence at 401 North Tigertail Road pencils out to ...
The Port of Los Angeles’ proposed Outer Harbor cruise terminal is taking shape. The port announced last week that Pacific Cruise Terminals LLC, a joint venture between Carrix Incorporated and JLC Infrastructure, has been chosen to ...
California homebuyers can’t be duped by property listing photos thanks to a new state law. Assembly Bill 723, which took effect Jan. 1, requires real estate agents and brokers to disclose when listing images have been digitally ...
The latest bid to give developers a break on Los Angeles’ big, bad “mansion tax” comes from a Democratic Socialist, with the progressive president of the Los Angeles City Council seconding the motion. Fourth District Los Angeles City ...
Post Investment Group dropped $71 million on a rental complex in the desert city of Palmdale that dwarfed the top multifamily sales in the city combined last year, according to Los Angeles County tax assessor data and research by The ...
Last week, Rick Caruso said “no” to a political run. This week, the why became a bit clearer. As the developer shook hands and spoke to a crowd sitting by an empty residential lot on La Fiesta Avenue in Altadena on Thursday, he uttered ...
The Real Deal wrote about two deals this week that tell different but somewhat similar stories about Los Angeles’ office world: one downtown and another in Silicon Beach. The latter, a creative office building in Venice, occupied by ...