The artificial intelligence boom is turning water-starved desert land into a goldmine for data center projects — though one developer looking to build near the U.S.-Mexico border is facing pushback from both residents and officials. ...
Prime Residential just plunked down more than $50 million for an apartment complex near Los Angeles’ Museum Row. The San Francisco-based multifamily owner and operator acquired the 134-unit Palm Court Apartments at 740 South Burnside ...
Mosaic, a six-building retail property in downtown Long Beach, has traded for $30 million. Mosaic Promenade Holdings LLC, an entity tied to Los Angeles investor Homan Siman, bought the roughly 148,400-square-foot portfolio from ...
As the impacts of Measure ULA continue to impact Los Angeles real estate, new strategies to avoid the property transfer tax are emerging — including luxury homeowners choosing extensive remodels over selling. While this can mean more ...
Elysian Housing and Capstone Equities are planning to build a new affordable housing development in Woodland Hills. Los Angeles-based Elysian Housing and New York-based Capstone Equities purchased 21155 Califa Street, L.A. Business ...
The leafy inner-city enclave of Hancock Park was home to the priciest residential contract in Los Angeles County last week. The mansion at 344 South Hudson Avenue which has a $16.5 million asking price topped all other homes that went ...
After an hours-long confirmation hearing and a lengthy break that got the lawyers on the same page, a federal bankruptcy court appears ready to confirm the sale of Oceanwide Plaza. The City of Los Angeles earlier today pulled its May ...
The onetime Calabasas home of Stevie Wonder is back on the market for a notably lower price than when it first came up for sale. The 3-acre estate at 5192 Parkway Calabasas is available for purchase for $9.7 million, Mansion Global ...
Investment in Southern California retail properties is on the rise in the region despite less retail space selling overall. In the first six months of the year, retail investment in Southern California reached more than $3.5 billion ...
Caruso is suing an old the Commons at Calabasas tenant. Rick Caruso’s outfit claims the tenant, which appears to be Fresh Brothers, a pizza place, didn’t pay its rent and owes $38,000. The shop’s lease expired, and it moved out — but ...