Category: Uncategorized

“Owning Manhattan” star Ryan Serhant has been growing his namesake brokerage steadily across the country in recent years, culminating earlier this year in the opening of four California offices in Los Angeles, San Francisco, San Diego and Orange County. To make the California dream a reality, Serhant tapped Ben Belack, formerly of The Agency, to…

City of Inglewood: 1. Stan Kroenke and his SoFi Stadium: 0. The city surrounding the Hollywood Park retail, office residential and stadium complex has prevailed in one of two lawsuits filed by its billionaire developer and owner during what was supposed to have been a triumph during this year’s World Cup tournament, Politico reported. Hollywood…

A Beverly Hills investor listed a 20,800-square-foot mansion in the Hollywood Hills built for the creator of the sitcom “Full House” for $39.8 million — twice its last traded price a decade ago. DG Home, led by Dan Gatsby, put the three-story hilltop estate at 1302 Collingwood Place up for sale, according to Mansion Global,…

Buffy Wicks, the four-term California legislator who ignited a real estate firestorm this week with a proposal to cap transfer taxes statewide, signaled her priorities months ago. “In 2026, I’m interested in attending fewer bill signing ceremonies and more ribbon cuttings,” Wicks wrote in a blog on Nov. 24. Despite authoring 56 bills in the…

Olson Urban Housing wants to swap offices for 159 townhomes in a new gated community in Monterey Park. The Seal Beach-based unit of Olson Homes has filed plans to build the two- and three-story attached homes on 8 acres at 601 Potrero Grande Drive and 2100 Saturn Street, north of the 60 Freeway, according to…

Pacific Urban Investors picked up a seven-story apartment building in Koreatown for $139 million — $50 million less than it sold for seven years ago. The Palo Alto-based investor bought Next on Sixth, a 398-unit complex at 620 South Virgil Avenue, Bisnow and CoStar News reported. The seller was Chicago-based real estate investment trust Equity…

Transit-oriented development in major cities across the Golden State is poised to take a much firmer shape with a piece of legislation that could help municipalities close the gap between housing demand and state-mandated planning goals. Assembly Bill 2074, dubbed the Downtown Revitalization Act, is quickly working its way through the state legislature. The California…

Redcar is in trouble in Chinatown. Distressed debt player Rialto Capital accused the Jim Jacobsen-led development firm Redcar Properties of defaulting on a loan for creative offices in Chinatown. Now, Rialto wants to foreclose and a receiver to take over. Miami-based Rialto made the allegation in its capacity as the loan’s special servicer, which acts…

Linc Housing wants to tear down its Long Beach headquarters to build more than 100 affordable apartments. The nonprofit affordable housing developer filed plans to raze its office hub and replace it with an apartment building at 3590 Elm Avenue, Urbanize Los Angeles reported. The 13,100-square-foot, single-story offices built in 1961 would be demolished. Plans…

A proposed state ballot measure for an $11.5 billion bond to pay for affordable housing now has a key backer: Gov. Gavin Newsom. The governor and state lawmakers have cut a deal to place the Veterans and Affordable Housing Bond Act of 2026 on the ballot in November, Realtor.com reported. Newsom is urging voters to…