In the wake of the federal government’s sweeping office lease terminations in the early days of President Donald Trump’s second term, Los Angeles leads the country in federal office spaces lost to canceled leases. Lease agreements for ...
Average profits for home sellers across the country dipped further in the first quarter, with Los Angeles faring worse than the rest of the nation. National average profit margin on home sales fell to 50 percent in the first quarter, ...
California Gov. Gavin Newsom blasted the Trump administration for carrying out a U.S. Immigration and Customs Enforcement raid in MacArthur Park on Monday just as he and other politicians gathered in Pasadena to talk about the next ...
Beverly Hills could become the latest California city to ban short-term rentals. The City Council of the Los Angeles-area enclave voted 4-1 to proceed with new regulations that would ban single-family properties and multifamily ...
Kayne Anderson Real Estate is joining forces with BKM Capital Partners in a $1.5 billion joint venture partnership. The unit of Los Angeles-based investment powerhouse Kayne Anderson and Newport Beach-based BKM Capital will focus on ...
Housing advocates sealed a victory this week with some big changes to the California Environmental Quality Act. The statute, which was made law in 1970 by then-governor Ronald Reagan, has long been the source of nightmares for ...
Los Angeles-based private lender Hankey Capital is backing a bargain-bin buy of a hotel near San Francisco’s Union Square. Hankey, headquartered in Hancock Park, provided an $8 million loan for an affiliate of San Diego-based Oceanic ...
Small to midsize urban housing developers are the winners in California’s rollback of environmental protections this week. The pair of budget trailer bills that Gov. Gavin Newsom signed into law Monday night exempt housing projects up ...
City Plaza, a 19-floor office building in Orange, has sold for quite the discount. Surlamer Investments, a Newport Beach-based firm owned by Fariborz Maseeh, bought the office tower from TPG Capital for $18.5 million, the Orange ...
The Los Angeles City Council approved a plan to bolster affordable housing efforts and homelessness programs with “mansion tax” money. The council gave the green light Tuesday to spend nearly $425 million collected from Measure ULA, ...