California has fewer residents, but has built more homes. So why are homes more expensive to buy or rent? The Golden State has had a population decline since 2020 of 375,800 people to 38.2 million residents last year, a 0.9 percent ...
Shangri-La Industries, the troubled developer of motel-to-housing conversions for homeless residents, has declared Chapter 11 bankruptcy on four projects in California. The Los Angeles-based firm, accused of fraud by the state in ...
Intracorp Homes and Picerne Group were given the go-ahead to replace offices near John Wayne Airport in Newport Beach with condominiums and apartments. In separate projects, Intracorp, based in Vancouver, was approved by the City ...
While Executive Directive 1, Los Angeles Mayor Karen Bass’ attempt to expedite affordable housing approvals, has generated interest from developers, there has been at least one major point of contention: parking. Or, rather, the lack ...
Hudson Pacific Properties is feeling the burn of withering office markets. The Los Angeles-based real estate investment trust lost $52 million in the first quarter, up 160 percent from its $20.4 million loss reported in the same ...
Los Angeles could soon protect rent-controlled apartments in a part of the city that could be bulldozed for streamlined affordable housing projects, displacing tenants who can’t afford to move. City Councilwoman Eunisses Hernandez has ...
WeWork has agreed to keep two more locations in Southern California — one in Long Beach and another at South Coast Plaza in Costa Mesa. The coworking firm, which is currently making its way through bankruptcy, has filed motions to ...
Millennium Partners has killed a $1 billion plan to build highrises around the Capitol Records Building in Hollywood, a decade after active earthquake faults were found under the site. The New York-based investor withdrew its requests ...
Christie’s International Real Estate has recruited a top Orange County agent from Coldwell Banker, marking another high-profile get for the brokerage. Casey Lesher has joined Christie’s on its Orange County team, according to an ...
California’s first population decline has reversed course, with Southern California the epicenter for growth. The state population, which had declined since 2020, rose last year by 67,100 residents to 39.13 million people, driven ...