Forget sky-high mortgage rates — Southern California buyers flush with cash have pushed home prices to an all-time record. The price for a typical home across the six-county region in March was $869,082, a 9 percent increase from a ...
Views from the 19-story twin Ocean Towers above the beach in Santa Monica are stellar. But a look into management at the 317-unit luxury co-op is as dark as a Hollywood film noir. A decade-long saga of alleged fraud and manipulation ...
Aflalo Equities, a family-owned property management and development firm, is planning to develop four Beverly Hills properties into multifamily and retail, according to planning documents filed with the city. The firm is planning an ...
The owners of the Anaheim Ducks have shifted plans for a $4 billion retail village in Anaheim with fewer offices and more homes. Henry and Susan Samueli, owners of the NFL hockey team, have filed revised plans to replace 385,000 square ...
Last year, California was at the center of regional bank turmoil. Now it’s at the front of financial industry exposure to troubled commercial real estate. Nearly a third of the state’s 127 registered banks have property debt above 300 ...
The Los Angeles City Council will consider whether to bar landlords from snooping into potential renters’ criminal past and using their records to deny them housing. The council voted 11-0 to reactivate a motion seeking to establish a ...
Stockdale Capital Partners has started a legal battle over the value of the ground beneath the Le Merigot hotel, just steps away from the ocean in Santa Monica. The investment firm, which owns the leasehold interest in the property, is ...
Joel Schreiber has paid off more than 40 percent of a $75 million loan from Hankey Capital on his Union Bank Plaza building in Downtown Los Angeles, to score an extension on the debt, The Real Deal has learned. Schreiber’s loan was ...
Josephine and Anthony Antoci, the owners of upscale supermarket chain Erewhon, sold a Malibu mansion for $15.5 million, The Real Deal has learned. The property, a “beachfront retreat” at 31228 Broad Beach Road, is a six-bedroom, ...
Residential agents Tomer Fridman and Sally Forster Jones are joining forces to form a global luxury team in Beverly Hills. The Fridman Group and The Sally Forster Jones Group, both of Compass, are merging to become Jones Fridman ...