Jamison Properties is offloading a distressed office building in Downtown Los Angeles in the latest sign of the office market’s post-pandemic doldrums. The Koreatown-based company has listed the more than 337,000-square-foot building ...
LVMH Moët Hennessey Louis Vuitton SE, the French luxury conglomerate behind some of fashion’s biggest brands, is selling its only hotel in the U.S. El Encanto, a 90-room luxury hotel in Santa Barbara, is being purchased by a joint ...
The famed Hawthorne Nursery closed its greenhouse doors for good in February, marking the end of a 98-year era in the South Bay city. Now, that site is in the process of becoming a new housing development. Crews are clearing the two ...
A $38 million loan backing the Fitz on Fairfax in West Hollywood is coming due Wednesday, according to Morningstar Credit. The borrower is tied to Santa Monica-based Palisades Capital Partners. Last month the borrower was discussing ...
Toll Brothers is breaking into new territory in Colorado with the help of Gables Residential. Fort Washington, Pennsylvania-based Toll Brothers and Atlanta-based Gables Residential have joined forces to develop Gables Angeline, a ...
In the wake of the federal government’s sweeping office lease terminations in the early days of President Donald Trump’s second term, Los Angeles leads the country in federal office spaces lost to canceled leases. Lease agreements for ...
Average profits for home sellers across the country dipped further in the first quarter, with Los Angeles faring worse than the rest of the nation. National average profit margin on home sales fell to 50 percent in the first quarter, ...
California Gov. Gavin Newsom blasted the Trump administration for carrying out a U.S. Immigration and Customs Enforcement raid in MacArthur Park on Monday just as he and other politicians gathered in Pasadena to talk about the next ...
Beverly Hills could become the latest California city to ban short-term rentals. The City Council of the Los Angeles-area enclave voted 4-1 to proceed with new regulations that would ban single-family properties and multifamily ...
Kayne Anderson Real Estate is joining forces with BKM Capital Partners in a $1.5 billion joint venture partnership. The unit of Los Angeles-based investment powerhouse Kayne Anderson and Newport Beach-based BKM Capital will focus on ...