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SoCal cities bounce back on population as Bay Area lags

California’s population exodus has been stopped in its tracks. The state’s population has grown for the second straight year, with much of the growth in its largest cities, the Los Angeles Times reported, citing figures from the state ...

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  • 02 May
  • The Real Deal
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Anaheim Ducks owners launch $1B makeover of Honda Center

The owners of the Anaheim Ducks are poised to pour $1 billion into revamping Anaheim’s Honda Center, on top of their $4 billion retail village being built around the sports arena. Henry and Susan Samueli, owners of the NHL hockey team, ...

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  • 02 May
  • The Real Deal
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Caruso nonprofit secures AI tools to hasten LA rebuilding 

A nonprofit founded by developer Rick Caruso has helped land AI software to speed up building permits to replace thousands of homes lost in the Los Angeles wildfires. Steadfast LA helped secure the artificial intelligence software to ...

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  • 01 May
  • The Real Deal
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Meritage buys vacant offices to build 86 townhomes in Santa Ana

Meritage Homes has bought a vacant office site targeted for 86 townhomes in Santa Ana for $19.2 million. The Scottsdale-based developer purchased the five-story, 111,500-square-foot building at 2020 East First Street, the Orange County ...

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  • 01 May
  • The Real Deal
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As Hilton & Hyland wanes, LA’s brokerage universe expands

Steps from Stephen Shapiro’s Westside Estate Agency office, in a second-floor space on Canon Drive in Beverly Hills sits the storied Hilton & Hyland — once the gatekeeper to the well-manicured world of luxury living in Los ...

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  • 01 May
  • The Real Deal
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California landlords: “Nice try” after rent control bill meets sudden death

A bill that would have tightened price controls on rental housing in California and expanded eviction protections died suddenly Tuesday after landlords and pro-housing allies mounted a furious attack in Sacramento. Assemblymember Ash ...

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  • 30 Apr
  • The Real Deal
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Santa Monica launches debate over post-airport future

Should the 227-acre Santa Monica Airport be turned into a public park, hundreds of homes or both? That’s the debate being waged in the coastal city, which must determine the future of the controversial airport set to close in 2028 at ...

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  • 30 Apr
  • The Real Deal
  • Uncategorized
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Fenway Capital pays $130M for Entrada

Lincoln Property Company and its joint venture partner, Goldman Sachs affiliate Broad Street Principal Investments, have cashed in on the 11-story Entrada in Culver City, The Real Deal has learned. Fenway Capital Advisors paid $130 ...

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  • 30 Apr
  • The Real Deal
  • Uncategorized
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LA County retail vacancy rate rises to 6% amid growing trade war

A growing number of storekeepers are walking away from shops across Los Angeles County as the nation’s trade war with China deepens. The retail vacancy rose more than 2 percent last quarter to 6.1 percent from the prior period, and 10 ...

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  • 30 Apr
  • The Real Deal
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S&P dents LA’s bond ratings as city faces $1B budget shortfall

S&P Global Ratings has dinged L.A.’s bond ratings as the city wrestles with a nearly $1 billion budget shortfall. The New York-based credit agency lowered Los Angeles’ long-term rating on its general obligation bonds to AA-, from ...

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  • 29 Apr
  • The Real Deal
  • Uncategorized
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