A Torrance apartment complex has traded for $71.5 million, underscoring the strength of the South Bay city’s multifamily market. Property records show the buyer of 25909 Rolling Hills Road is Japan-based Koto Estate Company, which ...
Allstate got the nod to jack up homeowners’ insurance rates across the state by more than a third in areas prone to wildfires. The Illinois-based insurer, the sixth largest in the state, will raise home insurance premiums by an average ...
It’s been a tough stretch for Los Angeles’ residential brokers, but that hasn’t stopped its top dealmakers from closing. Brokers have faced high interest rates, uncertainty around the National Association of Realtors’ new rules, ...
Downtown Crenshaw Rising, a South Los Angeles group, has filed a lawsuit over its failed $115 million bid for the Baldwin Hills Crenshaw Plaza in 2021, claiming that Deutsche Bank arm DWS Group “demonstrated a preference” for White ...
RCB Equities and Real Estate Development Associates have secured a $115 million loan to buy the struggling Puente Hills Mall in City of Industry in a redevelopment play. The Mid-Wilshire- and Newport Beach-based investors landed the ...
Lendlease and Aware Super have snagged $316 million in construction financing for a mixed-use project containing 260 luxury apartments in Baldwin Hills. The Australia-based developer and pension fund secured the loan for Habitat, a ...
SHB wants to build a 298-unit affordable housing complex in North Hollywood. The locally based developer led by Stephen Shishikyan has filed plans to build the eight-story apartment building at 12001 Victory Boulevard, Urbanize Los ...
Philanthropist Dr. Gary Michelson has pledged $120 million to found a medical institute, the anchor tenant at a UCLA research campus carved from the former Westside Pavilion in West L.A. The billionaire surgeon-inventor and his wife, ...
Josh Altman is beyond bullish on Orange County. The co-founder of Douglas Elliman’s The Altman Brothers Team sees big potential nearly 60 miles south of where he and his brother opened their first standalone office on Robertson ...
Voyant Beauty has inked a deal for three industrial warehouses in Chatsworth. The Chicago-based cosmetics firm leased the buildings with a combined 180,000 square feet at the Rexford Mason Business Center at 9200-9250 Mason Avenue, the ...