Shopoff Realty Investments has bought 55 acres in Desert Hot Springs for a sprawling industrial development. The firm plans to build a 1.1 million-square-foot warehouse and distribution center on the site, which is located near the 10 ...
Laurene Powell Jobs can’t stop buying real estate in Malibu, having just picked up a 1950s ranch house in prestigious Paradise Cove for $94 million. The widow of Apple co-founder Steve Jobs bought the four-bedroom, four-bathroom ...
The Ace Hotel in Downtown Los Angeles is reopening — with a new name. Aju Continuum, the U.S. branch of the South Korean firm that owns the 182-key hotel, has tapped short-term rental startup Kasa Living to operate and manage the ...
Los Angeles plans to update its state-mandated plan on the location of nearly 457,000 new homes. The catch: it wants to squeeze them into just a quarter of the 469-square-mile city. The city’s new Housing Element update leaves out 72 ...
Jamie Duran has left Christie’s International Real Estate AKG, just three months after joining the brokerage, The Real Deal has learned. “Jamie Duran is such a force in real estate, but ultimately, our visions did not coincide,” Aaron ...
A state housing department has awarded $83 million in federal funds to six nonprofit developers to build more than 400 affordable apartments in Los Angeles County. The funding by the California Department of Housing and Community ...
An estate built for former CIA Director John McCone in San Marino has sold for $30 million, the priciest sale ever in a city of regal residences. An unidentified buyer paid $7.5 million above the asking price for the 13,700-square-foot ...
Developer JNY Investments is hitting the market with another spec mansion, this one in Pacific Palisades with a $34 million list price. The spec home at 538 Chautauqua Boulevard debuts in a buyers’ market. Median sale prices of homes ...
Bardas Investment Group and Bain Capital have scored a $300 million construction loan for their Echelon Studios project in Hollywood, The Real Deal has learned. Blue Sky Servicing, registered in Delaware, provided the three-year loan, ...
A group fighting Measure ULA has another chance to strike down the City of Los Angeles’ real estate transfer tax, after a court agreed to review a case challenging the measure. The U.S. Court of Appeals for the Ninth Circuit will hear ...