LA REAL ESTATE
Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
Workplaces Hit Close to Home
REAL ESTATE: Neighbors knock using condos for business.Some condo homeowners associations are trying to stop residents from using their units as offices. May 20, 2013 midnight $$ ShareAecom to Oversee College District’s Building Program
The Los Angeles Community College District this week awarded Aecom Technology Corp. a contract to oversee the final phase of the district’s $6 billion capital program.
Hitting ’Em Where They Live
OP-ED: L.A.’s lack of affordable housing hinders businesses in drawing from skilled pool of employees.
Raphael Bostic, Robin Hughes and Tony Salazar urge L.A. businesses to home in on affordable housing for workers.
Ryland Raises $250 Million in Note Offering
Westlake Village homebuilder Ryland Group Inc. on Wednesday sold $250 million in a convertible note offering.
Casden Sells Apartment Complex in Burbank
Struggling Beverly Hills real estate developer Alan Casden has sold a 276-unit luxury apartment complex in Burbank that he built in 2010.
Tryperion Partners Raises $50 Million Fund
Tryperion Partners LLC, a West L.A. real estate investment and advisory firm announced Monday that it had closed its first $50 million fund.
Alexandria Real Estate Plans Stock Sale
Alexandria Real Estate Equities Inc. late Monday said that it plans to pay down debt by selling 6 million new common shares in a public offering.
Hoteliers Find Rooms in L.A.
HOSPITALITY: Developers check into projects amid recovery.
Hoteliers have shed their recessionary reservations to move forward on a host of projects.
Home Field
Architect Brenda A. Levin’s business blueprint has included going to the office with her husband every day for more than 30 years.
Ryland Buys Texas Homebuilder
Ryland Group Inc. is acquiring luxury homebuilder LionsGate Homes in Carrollton, Texas, the company announced Friday.
Public Storage Misses Profit Estimates
Earnings at Public Storage Inc. rose in the first quarter due to higher rents and lower vacancies at the company’s storage facilities, even as it disappointed analysts.
PennyMac Financial Raises $200 Million in IPO
Residential mortgage company PennyMac Financial Services Inc. raised $200 million in an initial public offering that began trading on Thursday.
Broadway Financial Sells More Non-Performing Loans
Broadway Financial Corp., which has been working to clear its books of long-standing bad debt, has completed the sale of another $8.7 million worth of non-performing loans.
Skin Care Company Lands El Segundo Headquarters
El Segundo skin care company Murad Inc. announced Tuesday that it would move its global headquarters to a larger space within city limits.
BofA Settles With Mortgage Insurer
Bank of America Corp. has agreed to pay mortgage insurer MBIA Inc. $1.6 billion to settle legal disputes related to home loans from its Countrywide Financial unit that were packaged into securities during the financial crisis, the bank announced Monday.
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