California is poised to get a new state agency focused exclusively on housing issues. Legislators in the Golden State, which has become the nation’s housing shortage hotbed over the years, had until July 4 to veto Gov. Gavin Newsom’s ...
Irvine Company’s planned project to turn a golf course site in Irvine into housing could come before voters at some point in the future. Irvine City Council members are currently considering putting the redevelopment of Oak Creek Golf ...
Los Angeles could be poised to see its biggest condominium conversion project in decades if Crescent Heights gets its way. The Miami-based developer has filed an application with the city of Los Angeles to convert Ten Thousand, a ...
There was lots of distress throughout Los Angeles this week. Let’s start with the Pasadena Office Tower. The nine-story tower at 150 South Los Robles Avenue was reappraised at $23 million, a 59 percent decrease from its appraisal a ...
Any anniversary is a good time for reflection. California Gov. Gavin Newsom was in Pasadena on July 7, along with Los Angeles County Supervisor Kathryn Barger, U.S. Senator Alex Padilla and other state and local leaders. They were ...
After landing in special servicing due to imminent monetary default last year, Rising Realty Partners’ One California Plaza in Downtown Los Angeles is in foreclosure, according to Trepp. The Class A office property’s appraised value ...
A new hotel and residential complex in Downtown Los Angeles is heading toward construction. The Los Angeles City Planning Commission has given the green light to a proposal from L.A.-based Jade Enterprises to build the South Park ...
Maybe everyone’s on vacation but recruiting in Los Angeles has been quiet for the broader residential real estate industry more recently. Still, Compass landed Brian Sperry, who bounced back to the brokerage from Coldwell Banker ...
Silver Creek Development has brought its luxury mixed-use plans for the Sunset Strip back from the dead. The Scottsdale, Arizona-based developer secured a $71 million loan from Centennial Bank and Crestline Investors for its 8850 ...
Mark Moshayedi’s Space Investment Partners purchased the Fullerton Metrocenter for $118.5 million. Space Investment Partners nabbed the property at 1307-1447 South Harbor Boulevard from Kite Realty Group, which acquired it in 2021 for ...