Swiss aviation billionaire Thomas Flohr has sold a Bel-Air mansion that the Justice Department tried to seize due to its links to a Nigerian corruption scandal. The home, located at 755 Sarbonne Road, traded for $22.5 million, or a ...
WeWork wants to exit bankruptcy with almost all of its Los Angeles and Orange County locations intact. The coworking firm has filed requests with the court overseeing its Chapter 11 bankruptcy to assume 10 more leases across Los ...
Home buyers across Southern California must earn more than $200,000 a year to qualify for a typical house mortgage. Families needed to rake in at least $200,800 to buy a typical single-family home that cost $785,000 within the ...
Everyone deserves the opportunity to invest in real estate, not just the select few. However, until now, real estate, long considered a cornerstone of wealth creation, has traditionally only been accessible to the 1%. USP, a ...
Vitruvian Development Group wants to build a 27-unit apartment complex in Hollywood. The locally based developer filed plans to build the six-story complex at 6721-6727 West Melrose Avenue, between La Brea and Highland Avenues, ...
Landlords in Los Angeles are about to get whacked with double sewer fees. The City Council has voted 11-4 to double the fees over the next four years, despite the objections of business groups who say landlords will be ...
Orange County has recorded its most expensive home sale so far this year: a $38 million trade of a newly developed mansion in Newport Coast. A trust tied to Las Vegas-based Tony Huang bought 20 Coastline, an 18,300-square-foot home in ...
Rexford is not slowing down after its billion-dollar-buy from Blackstone. Rexford Industrial Realty has bought a warehouse in the Orange County city of Fullerton for $94.2 million, The Real Deal has learned. The firm paid about $338 ...
Soaring home prices across Los Angeles County could push taxable property value this year past $2 trillion, a record. L.A. County Assessor Jeff Prang said taxable property values are expected to rise 4.75 percent this year from 2023, ...
Jamison Properties may be preparing to default on an $87.5 million loan tied to a 34-story office tower in Koreatown. The Koreatown-based investor had the commercial mortgage-backed securities sent to special servicing because of an ...