California-based supermarkets Ralphs and Food 4 Less will be closing 60 locations across the country over the next year and a half. Kroger, parent company of the Compton-headquartered grocery chains, announced plans for the closures ...
A proposal for a mixed-use development in Los Angeles’ Arts District is moving forward eight years after it was originally floated. The Los Angeles City Council has approved Maxxam Enterprises’ plans to replace a single-story ...
Shaul Kuba, Richard Ressler and Avi Shemesh’s CIM Group sold an 11-acre West Hollywood studio campus to its favorite client: itself. CIM CFO David Thompson signed the deal to trade the recently revamped 107-year-old complex known as ...
Los Angeles’ Silver Lake neighborhood just bested itself with a new record residential closing. The sale of 1844 Silverwood Terrace for $10 million beats the Eastside neighborhood’s historical high of $8.6 million set in 2014 for 2138 ...
Rick Caruso’s been asked ad nauseum if he’s running for mayor or governor (he’ll decide at the end of the summer). One question that hasn’t been posed as much: If he was California’s next governor, what would he focus his time and ...
With less than a week before Los Angeles’ minimum wage increase ordinance goes into effect, some local hotel owners are panicking. Pebblebrook Hotel Trust CEO Jon Bortz is among those considering selling properties, The Wall Street ...
The Candlewood North apartment complex in Northridge has a new owner. Beverly Hills-based Post Investment Group bought the 189-unit residential community at 9830 Reseda Boulevard for $51.1 million, the Los Angeles Times reported. The ...
Terreno Realty is showing how doers get more done with its acquisition of a Home Depot in Orange County. The San Francisco-based industrial real estate firm spent $49.5 million for 3500 West Macarthur Boulevard in Santa Ana, L.A. ...
Backen & Backen’s single-level home design in muted, earthy tones could work for an Altadena or Pacific Palisades lot. Solkatt’s Altadena concept offers a striking pitched roof with an exterior of seam metal panels. AAHA Studio’s ...
MG Properties is adding another big-ticket deal to its list of acquisitions in the past year, this time in Orange County. The San Diego-based investment and property management firm has paid $144 million for Citron, a 314-unit ...