Rexford’s incoming chief executive and current chief operating officer Laura Clark used the occasion of the industrial investor’s quarterly earnings call to discuss plans to dispose of $400 million to $500 million worth of assets this ...
A century-old movie palace in Highland Park will avoid permanent closure thanks to Hollywood actor Kristen Stewart. The “Twilight” star and native Angeleno purchased the Highland Theatre at 5604 North Figueroa Street for an ...
Another Orange County retail property has sold in the latest such transaction in Southern California. Asana Partners acquired the Seacliff Village retail plaza in Huntington Beach for $151 million, Commercial Observer reported. ...
When it comes to converting real estate into self-storage facilities, L.A. leads the way. Los Angeles is one of the top markets in the country for redeveloping properties into self-storage, L.A. Business First reported, citing new ...
The $10 million sale of a Mar Vista home has set new records for the Westside neighborhood. The five-bedroom, six-and-a-half-bathroom home at 11948 Modjeska Place bests the community’s previous priciest-ever residential deal set in ...
Billionaire Los Angeles developer Geoff Palmer is betting on ex-Fox News host Steve Hilton for governor. Palmer, one of Los Angeles’ most prolific multifamily developers — who was once called the city’s “worst developer” — donated ...
Following the money shows some big ties to real estate for incumbent Karen Bass heading into Los Angeles’ June mayoral race. Campaign contribution filings, the most recent of which were due Monday for the reporting period through Dec. ...
The Los Angeles City Council signed off on a $90 million subsidy program for Palisades fire victims. On Tuesday, the city council unanimously approved the funding for costs associated with rebuilding properties in Pacific Palisades ...
Santa Monica is slated to receive another new housing development with affordable units atop ground-floor retail. A new application filed with city planners calls for demolishing a low-rise office complex at 1655 26th Street and ...
Creditors for the graffiti-covered Oceanwide Plaza towers in Downtown Los Angeles have struck a deal to get the $1.2 billion development out of bankruptcy. The new bankruptcy-exit agreement, which settles a dispute between creditors ...