TrueCar, an online car marketplace and listing site, has terminated its lease for its corporate headquarters at a Mani Brothers-owned building in Santa Monica, alleging that the space became “unsuitable for use,” because of a series of ...
Canadian investment firm Bonnis Properties has defaulted on a loan tied to the Foreman & Clark building in Downtown Los Angeles, a multifamily property currently occupied by short-term rental startup Sonder, The Real Deal has ...
Tishman Speyer has shredded longtime plans to build a 10-story office building in L.A.’s Arts District, given the topsy-turvy market for downtown offices. The New York-based developer led by Rob Speyer has quietly let its application ...
A Santa Monica lawmaker wants to pull a measure that would repeal a 74-year-old constitutional rule that hampers public housing. State Sen. Ben Allen, D-Santa Monica, author of the repeal measure for Article 34 in the state’s ...
Uncle Sam is once again putting the Brutalist office pyramid known as the Ziggurat up for auction in Laguna Niguel, this time without a requirement to preserve it. The General Services Administration said it would accept bids starting ...
Eco-conscious developer Crown Pointe Estates at Malibu just bested itself with the $28.5 million sale of its net-zero carbon spec home. The transaction marks the second property sold in what Crown Pointe calls its Zero Series of ...
An office building in El Segundo owned by Starwood Capital and Artisan Ventures is headed to foreclosure. MetLife Investment Management has initiated a foreclosure on 1960 East Grand Avenue, a 257,000-square-foot office building, with ...
Landlords across unincorporated areas of Los Angeles County may be subject to new rent caps. The Los Angeles County Board of Supervisors voted 3-to-2 this week to rewrite rent stabilization rules to bar many landlords from raising ...
An ultra-modern glass house in Beverly Hills, designed by architect Ed Niles, has hit the market for just under $35 million. An option to lease the 7,500-square-foot mansion at 1169 Loma Linda Drive is also available for $59,000 a ...
The co-owner of a Newport Beach-based investment firm who bilked investors out of nearly $14 million through bogus real estate deals will walk free without a day in prison. Louis Zimmerle, 64, a co-owner of BNZ Capital, was sentenced ...