State Farm General faces $612 million in losses from the wildfires that burned through thousands of homes in Los Angeles County last month. The state’s largest insurer, a unit of Illinois-based State Farm Mutual Automobile Insurance, ...
Hudson Pacific Properties is selling four office buildings for up to $150 million as it struggles with hundreds of millions in financial losses from low-performing office and studio properties. The Brentwood-based investor is shedding ...
To lie or not to lie about $5,556-a-day in pay, that is the question between Los Angeles Mayor Karen Bass and Steve Soboroff, the city’s wildfire recovery czar. Soboroff, L.A.’s chief recovery officer, told a crowd at Harvard-Westlake ...
Culver City-based Primestor Development is getting ready to swing hammers in Los Angeles after raising $215 million to invest in new multifamily projects near public transit, The Real Deal has learned. Primestor closed its Urban Vision ...
Newport Beach-based firm JH Real Estate Partners bought Village Walk Center, a 133,000-square-foot mall in Pico Rivera, for $37.5 million, The Real Deal has learned. The deal for the property, with the addresses of 8500, 8540, 8580 ...
A Lakewood developer wants to build a 222-unit apartment complex in Mid-Wilshire. A limited liability company led by Paul Tran has filed plans to build the eight-story building at 4201 West Pico Boulevard, Urbanize Los Angeles ...
Beleaguered Forever 21 may not be forever–and it definitely does plan to close its headquarters in Downtown Los Angeles. The apparel retailer will shutter its share of a fashion hub at the California Market Center at 110 East 9th ...
More inventory is piling into Los Angeles County’s luxury market as dealmaking struggles to keep pace. Douglas Elliman’s Eklund Gomes team reported 100 new single-family listings added to the market last week as some industry watchers ...
Blackstone has nabbed 93 shopping centers across the West Coast, including eight in Southern California, by acquiring the Retail Opportunity Investment Corporation for $4 billion. The New York-based investor acquired the San ...
A new development firm backed by $40 billion in combined career volume and a portfolio at launch of $4 billion in real estate has launched. Redeavor enters the market offering development sales, advisory and capital services with a ...