Escrow is up to its neck in regulations. Yet, kickbacks within the industry are common and enforcement is difficult. The California Department of Financial Protection & Innovation’s Escrow Advisory Committee has said as much. ...
Ben Ashkenazy extended a loan backing his Beverly Connection by two years after the debt tied to the Los Angeles power center was stuck in special servicing due to delinquency. The shopping center was reappraised in December at $193 ...
The University of Michigan is setting up shop in Downtown Los Angeles. The Ann Arbor-based institution is moving its West Coast campus for its Ross School of Business to The Grand LA at 100 South Grand Avenue, L.A. Business First ...
Big leadership changes are afoot in Los Angeles’ high-end residential industry as long-time Coldwell Banker Realty Managing Broker Tom Dunlap prepares to step away from the top spot, The Real Deal has learned. Dunlap will be succeeded ...
Two Los Angeles-area developers are joining forces to help post-wildfire rebuilding efforts in Altadena. Century City-based Cityview and Calabasas-based Montage Development are partnering to create Genesis Builders, a new venture that ...
Music’s richest couple is taking out a second mortgage on one of their Southern California properties. Beyoncé and Jay-Z have secured a nearly $57.8 million mortgage on their mansion in Bel Air, raising the total amount of money ...
Karen Bass’ office likes to tout L.A.’s recovery effort as “on track to be the fastest in state history.” What it’s less chatty about, though, is the cost and funding sources for the consultants paid to assist in the city’s rebuilding. ...
The January Palisades and Eaton fires damaged about 11,000 residential properties in the city of Los Angeles totaling nearly $52 billion, Redfin reported, citing data from the Los Angeles City Council. To reach its determinations, ...
Gov. Gavin Newsom got all the accolades when two budget trailer bills passed last month that create new exemptions to the California Environmental Quality Act. Some local governments sighed in response. That’s because the task of ...
Sola Impact, the Los Angeles-based real estate firm known for an irresistibly capitalist approach to building affordable housing affordably, has been facing major obstacles that could jeopardize its plans and poke holes in its ...