A foundation set up by billionaire developer Rick Caruso has planted a stake to rebuild single-family homes within Los Angeles burn zones, rather than change the housing makeup by erecting apartments. Steadfast LA, the nonprofit ...
Lender Corten Real Estate Partners is threatening to show Ron Burkle the door at Soho House & Co.’s swanky The Line LA hotel in Koreatown, The Real Deal has learned. RECP Sydell Wilshire — a Delaware shell company tied to the ...
Los Angeles’ luxury inventory is creeping up. Demand is a different story. The supply-demand imbalance, reflected in the latest Eklund Weekly Luxury Report Los Angeles, offers signs of a possible slide to a buyer’s market with 114 new ...
Cityview’s plans for a nearly 500-unit apartment building on a block in Westchester received the OK from the Los Angeles City Planning Commission. The commission’s vote earlier this month now paves the way for Cityview to redevelop the ...
Beverly Hills-based Bolour announced it sold a four-story office building near Interstate 5 in Mission Viejo. Hua Yu’s Eagle Hua bought the 71,500-square-foot property known as Cerro at 27401 Los Altos for $23.9 million, according to ...
Beverly Hills mega mixed-use project One Beverly Hills landed $300 million in mezzanine financing from Vici Properties to help push the 17.5-acre luxury development forward. Vici is using cash and a draw-down of funds on an existing ...
Mack Real Estate Development has moved forward with plans to build a 51-story apartment tower in Downtown Los Angeles. The New York developer got a green light from the Los Angeles City Planning Commission to build the 536-unit high ...
State Insurance Commissioner Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an average of 22 percent because of the Los Angeles wildfires. Lara denied the increase to the unit of ...
East End Studios has moved forward with a plan to build a $1 billion film studio in L.A.’s Arts District. The unit of New York-based East End Capital was approved by the Los Angeles City Planning Commission to build the ...
The California Municipal Finance Authority is claiming default on The Preserve at Woodland Hills, a 50-unit assisted living complex in Woodland Hills, The Real Deal has learned. The agency filed a default notice on the ...