The Los Angeles City Council took another step toward giving affordable multifamily housing developers a break they’ve long been pushing for when it comes to staircases. The city’s legislative body recently voted 14-0 to do away with a ...
The City of Newport Beach is considering the addition of residential density and affordable units with the redevelopment of a commercial site that overlooks a country club in the Newport Center district. Officials are weighing plans ...
The rivalry between Eastdil Secured and Newmark is heating up. In a new lawsuit, Eastdil alleges that members of its West Coast multifamily team that bolted for the competitor last month took a treasure trove of information on their ...
Last year, Carmel Partners trounced four appeals trying to block its plans to build a 24-story apartment building in L.A.’s Carthay. The builder now aims to go much higher. The San Francisco-based developer has filed revised plans to ...
Century City’s status as a bright spot in the generally dim commercial real estate market in Los Angeles will get a test as it prepares for the departure of Disney from the campus that gives the district its name. Rupert Murdoch and ...
A Los Angeles developer plans to turn the commercial real estate aphorism that “retail follows rooftops” on its head by opening his Palisades Village retail center before the erstwhile homeowners in its draw area rebuild from the ...
The academic reckoning has begun for Measure ULA. It turns out, the pace of investment sales in Los Angeles slowed by roughly half when the city’s so-called “Mansion Tax” went into effect in 2023, according to an analysis published ...
The Agency’s Craig Knizek used to produce “Mad About You.” Now, the 20-year film and TV veteran produces spec developments through his firm Prescott Properties. If anyone can take the skills used in Hollywood and apply them to real ...
A consortium of offshore lenders has secured a place at the front of line for payment in case the China-based developers of Downtown L.A.’s three-tower, half-finished and graffiti-scarred Oceanwide Plaza finds a buyer. An issue that ...
Santa Monica Place’s new property manager wants to breathe new life into the ailing mall, after Macerich defaulted on a $300 million loan tied to the property last year. Prism Places said Thursday the court-appointed receiver for the ...