Santa Monica’s rental market has undergone a sharp correction, posting the steepest decline among Los Angeles metro submarkets. As of April, rents have fallen 8.1 percent year-over-year, according to Apartment List, the Santa Monica ...
Real estate investment trust Douglas Emmett elected Andy Cohen to its board of directors. Cohen is the global co-chair of Gensler and was co-CEO for about two decades before stepping back from the day-to-day. The move came in ...
Los Angeles–based Atar Capital is expanding its footprint in Century City, relocating its headquarters across the street to what is considered Southern California’s most expensive office tower. The private investment firm signed a ...
It’s proxy season. First up: Rexford, which happened to be the focus of our last column. Because of the succession post-Elliott stake, we knew some compensation details via the former co-CEOs’ separation agreements and the new CEO’s ...
A healthy dose of skepticism should be applied when you hear an agent talk about plentiful market opportunities to buy. Yet, even in the mixed bag that is Altadena’s residential landscape, it would seem the buyer window for “getting ...
L.A. Mayor Karen Bass and City Councilmember Ysabel Jurado have proposed allocating more than $360 million to developers and nonprofits to build and preserve affordable housing across the city. The investment that underscores the ...
Newport Beach can cut another notch in its belt after seeing the close of a $33.5 million waterfront mansion this week to make for one of the city’s priciest deals so far this year–and priciest ever recorded in its Bayshores community. ...
Los Angeles-based KB Home will relocate its corporate headquarters to Tempe, Arizona, by spring 2027 – the latest in a series of corporate exits from California to the Phoenix metro market. The home builder will relocate from its ...
Three years, nearly 1,600 deals and $1.1 billion later, Measure ULA – sold to voters as a “mansion tax” – has gotten most of its revenue from commercial real estate transactions ranging from office buildings to apartment complexes. The ...
Five years after purchasing the Marina Shores shopping center at 6500 Pacific Coast Highway for $68 million, Vancouver‑based Onni Group has begun demolition of the roughly 6‑acre site. The teardown marks the start of one of ...