Irvine Company is ramping up apartment construction while much of the U.S. multifamily sector is tapping the brakes. The Newport Beach-based developer, led by billionaire Donald Bren, has 3,000 units under construction in Orange ...
Real estate investment trust Rexford Industrial reported a net income of $87.1 million for the third quarter, compared to $65.1 million a year earlier — an increase of about 34 percent. That is less than the $113.4 million the Los ...
The City of Los Angeles’ public housing authority added another property to its portfolio with plans to offer affordable housing. The Housing Authority of the City of Los Angeles bought the 154-unit Emerald Apartments near the Fashion ...
Nicki Minaj is in danger of losing her Barbie dream house. The rapper’s Los Angeles-area mansion is at risk of being sold off due to a sizable unpaid debt that she and her husband, Kenneth Petty, have refused to pay, Us Weekly ...
After five months on the market and a $10 million price cut, billionaire Steve Cohen found a buyer for his Beverly Hills residence. The pending deal comes as the New York Mets owner looks to remake 50 acres of parking into an $8 ...
Of the 10 priciest homes across the country to hit the market last week, Southern California had six of them. Beverly Hills’ 25-acre Palazzo di Amore estate is on the market once again, asking $195 million, The New York Post reported. ...
Cathay Bank sued the owner of a Downtown Los Angeles commercial property, claiming the landlord defaulted on a $31 million loan. The lender alleges that a Laeroc Partners affiliate, the borrower and owner of 530 West 6th Street in the ...
The housing market in the Los Angeles metro area could be coming in for a soft landing as home prices are seemingly leveling off. New listings on the market have been registering below current median prices, according to data from ...
Two portions of Santa Clarita’s Centre Pointe Marketplace shopping center sold to separate buyers recently. Spirit Properties, the property’s developer, reaped a combined $33.8 million, L.A. Business First reported. That pencils out ...
It was the personal touch that won over Jay Luchs when Antonio Villaraigosa — a Democrat making his second run for California governor — called to talk about real estate. “I respect him for picking up the phone and calling me to talk ...