Housing advocates sealed a victory this week with some big changes to the California Environmental Quality Act. The statute, which was made law in 1970 by then-governor Ronald Reagan, has long been the source of nightmares for ...
Los Angeles-based private lender Hankey Capital is backing a bargain-bin buy of a hotel near San Francisco’s Union Square. Hankey, headquartered in Hancock Park, provided an $8 million loan for an affiliate of San Diego-based Oceanic ...
Small to midsize urban housing developers are the winners in California’s rollback of environmental protections this week. The pair of budget trailer bills that Gov. Gavin Newsom signed into law Monday night exempt housing projects up ...
City Plaza, a 19-floor office building in Orange, has sold for quite the discount. Surlamer Investments, a Newport Beach-based firm owned by Fariborz Maseeh, bought the office tower from TPG Capital for $18.5 million, the Orange ...
The Los Angeles City Council approved a plan to bolster affordable housing efforts and homelessness programs with “mansion tax” money. The council gave the green light Tuesday to spend nearly $425 million collected from Measure ULA, ...
For the second month in a row, home sale cancellations in Southern California were higher than they were a year ago. In May, 2,261 home sales in Southern California fell apart, totaling 15.6 percent of all transactions in the region, ...
Related Companies and Newland Capital Group are adding the former Los Angeles headquarters of Forever 21 to their portfolios. Blackstone and Worthe Real Estate Group sold the 39-acre industrial and office campus in Lincoln Heights to ...
Los Angeles and Orange counties attracted quite different office tenants in the last quarter, showing that law, finance, retail and education could lead the way to office market recovery So-called traditional entities like law firms ...
Hours before the end of the fiscal year, California legislators voted Monday to approve one of the most significant rollbacks of the California Environmental Quality Act in state history in what is considered a win for developers. As ...
A Trousdale Estates pad touting a full-size tennis court nabbed the Beverly Hills neighborhood’s title of priciest deal so far this year, with a $32.3 million purchase price. The mystery buyer walks away with a nice discount on 1120 ...