As offices empty out in Downtown Los Angeles, renters have filled up Downtown apartments and put upward pressure on rents. Multifamily occupancy rose to 90.8 percent in the first quarter ending in March, from 90.1 percent a year ...
Hines has beat back a second appeal trying to block a 13-story office building, winning a final go-ahead in Downtown Los Angeles. The Houston-based developer was approved by the City Council, which denied a labor-backed appeal against ...
Unfinished construction didn’t deter a buyer from going into contract on a $31.5 million Bel-Air estate that’s expected to be valued for millions more once work is completed. The property at 1341 Linda Flora Drive marked last week’s ...
Damavandi Capital is going bigger than originally planned for its latest multifamily development in Santa Monica. The West Hollywood-based firm, formerly known as Dylan Investment Properties, has filed revised plans to boost the size ...
The Los Angeles City Council will hold a final vote on a proposal to increase minimum wage for hospitality workers to $30 an hour by 2028 on Friday, May 23. If it passes, which most expect it will, and Mayor Karen Bass signs it, ...
The 2023 collapse of the Skid Row Housing Trust — which provided permanent single-room occupancy housing services to low-income people in the Skid Row area in Los Angeles — is under the magnifying glass in a damning new consultant ...
Nearly five months after the Eaton fire killed 18 people — 17 of them in west Altadena — investigations continue into what went wrong. Mounting evidence suggests that human error, rather than a technical malfunction, was at the heart ...
It wasn’t enough for State Farm General to win approval to hike homeowner rates by 17 percent this month. Now the insurer wants to jack up rates by another 13 percent. The unit of Illinois-based State Farm Mutual Automobile Insurance ...
Luxury broker Kurt Rappaport has for more than 250 days tried to convince buyers to pay $61.5 million for the Holmby Hills mansion owned by Sean “Diddy” Combs, on trial for sex trafficking. But the co-founder of Westside Estate Agency ...
“Parties tell you the story,” said NewMark Merrill Companies founder and CEO Sandy Sigal as he held court at his event Monday night on the Las Vegas Strip. “Forget all the statistics and everything else. People are out to have fun and ...