The value of two office towers tied to Brookfield in Downtown Los Angeles has plummeted to the curb. New appraisals of the skyscrapers linked to the Toronto-based investor have cut their value by two-thirds at 725 South Figueroa Street ...
As malls try to come back after the pandemic, new players have emerged to fill the retail void. Case in point: Eddie Lampert’s Transformco Properties has leased part of a former Sears in Orange to Panda Mart, a South African discount ...
Beverly Hills Estates founders Rayni Williams and Branden Williams have separated, The Real Deal has learned. “After much thought and reflection, we have made the difficult decision to separate as a couple,” the two said in a joint ...
Retail developer Merlone Geier has acquired Stevenson Ranch Plaza, an outdoor mall in the Santa Clarita Valley anchored by a Ralphs supermarket, for $57.8 million, The Real Deal has learned. The property, with the addresses of 24917, ...
Home builders across Los Angeles are falling far short of a housing goal set by the state. A City Council committee is poised to consider a plan to rezone the city for 255,000 more homes by 2029, while developers aren’t able to keep ...
A Del Mar beach house with superyacht design cues has hit the market for $75 million, marking the priciest listing in the seaside resort. The oceanfront property, less than two miles from the Del Mar racetrack, is at 2920 Camino Del ...
One OC developer has decided to deal with current economics by focusing on one asset class: self-storage. Buchanan Street Partners has bought a medical office building in the Inland Empire with plans to replace it with a ...
California landlords may have just toppled their chief nemesis in a decadelong battle over local rent control ordinances. AIDS Healthcare Foundation President Michael Weinstein conceded in the fight against Proposition 34 Friday after ...
Santa Monica Place can’t seem to catch a break, with the specialty mall’s value taking another hit as its owner looks to clinch a sale of the property. The Macerich-owned shopping center’s value is down about 35 percent to $255 million ...
Hines has beat back an appeal trying to block a 13-story office project in Downtown Los Angeles, but the developer may have a harder time beating a market where a third of offices sit empty. The Houston-based company got the nod from ...