A data center site in the Los Angeles area fetched nearly $50 million as developers race to meet demand for digital space. Real estate investment trust Digital Realty bought a 5.4-acre property in Vernon for $48.8 million with plans to ...
The Aflalo family hopes to sell four parcels entitled for a combined 368 residential units in Beverly Hills, according to a new offering memorandum from Westmack Commercial Brokerage Company. The parcels, all builder’s remedy projects ...
The City of Beverly Hills has rejected a proposed builder’s remedy project after allowing other projects in the enclave to proceed, citing concerns over socioeconomic segregation as a factor. The Beverly Hills Planning Commission ...
Entertainment giant AEG Worldwide pulled back the curtain on the latest plans for a mixed-use tower on a surface parking lot in Downtown Los Angeles. The company, also known as Anschutz Entertainment Group, submitted an application to ...
Name a recording artist and they’ve probably been holed up in the Hollywood studio of Kenneth “Babyface” Edmonds at some point in their careers. That industry history is now up for sale, with the award-winning artist and producer ...
The real estate entertainment and media platform co-founded by “Million Dollar Listing Los Angeles” star Josh Flagg landed a new capital infusion. Estate Media closed on a $1 million seed round, bringing its total raised to date to ...
Work has finally begun on a city-funded project to convert a decommissioned Venice hotel into permanent housing for formerly homeless individuals. Redevelopment of the former Ramada Inn at 3130 West Washington Boulevard into housing ...
Lincoln Property Company and Artemis Real Estate Partners have joined forces to buy an Orange County industrial facility. Paper Mart, a family-owned packaging supply company with a century-long history, sold its 250,000-square-foot ...
More losses at Hudson Pacific Properties. The Los Angeles-based real estate investment trust reported a loss of $136.5 million in the third quarter compared to $97.9 million a year earlier. That put losses for the nine months ending ...
CIM Group is adding more units to its planned housing project at the former Farmers Insurance campus in Mid-Wilshire. The local firm is calling for the construction of a two-story building with 50 apartments and parking for 51 ...