LA REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

Architect Follows Career Blueprint to High End

DEVELOPMENT: Homes by Paul McLean can go for hundreds of millions.Architect Paul McClean talks how the market is holding up for $500 million megamansions.

Kennedy-Wilson Acquires Glendale Office Buildings for $144 Million

Two Class A office buildings in Glendale have sold for $144 million, according to their buyer, real estate investment firm Kennedy-Wilson Holdings Inc.

Real Office Centers, Co-Working Tenants Evicted from Santa Monica Office

Real Office Centers and its co-working tenants at a Santa Monica building received an eviction notice Monday from their landlord, Hudson Pacific, who said the company hadn't paid rent in April and May.

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Rooftop Decks Prove Draw at Homes too Small for Traditional Backyards

Another Level

Homes with rooftop decks can raise the price ceiling on properties too small for backyards.

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Amazon Books Submits Plans for Westfield Century City Store

Amazon Books, part of Amazon.com Inc., applied for building permits last week for a 5,227-square-foot suite at the Westfield Century City mall, according to a record on the L.A. Department of Building and Safety website.

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NFL Inglewood Stadium Opening Delayed to 2020

Southern California’s heavy rains this year eased the drought but put a damper on the NFL’s plans to build a stadium in Inglewood by 2019.

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Restaurateurs Look to Get Cooking in Venice Deal

Many Angelenos see Lincoln Boulevard in Venice as a road to the airport – one lined with a hodgepodge of small businesses ranging from auto repair shops to liquor stores.

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Echo Park Homes Set to be Preserved as Historic Monument after Developer Filed Plans for Demolition

Seven pre-World War II bungalows in Echo Park are set to be preserved as a historic monument, preventing L.A. developer Bixel House from demolishing them to build 12 small-lot subdivision single-family homes.

Traction Avenue Buildings in Arts District Fetch $20 Million

A century-old building in the Arts District designed by prolific L.A. architect John Parkinson and a neighboring brick structure sold last week for $20 million to DLJ Real Estate Capital Partners, sources familiar with the deal said.

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Development at Crossroads

REAL ESTATE: Review of project impact underway.

Hollywood’s Crossroads of the World may be getting a makeover.

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City of L.A.’s Rental Unit Law Proves Tough Sell

DEVELOPMENTT: New rules draw fire from businesses, which may relocate projects.

City of L.A.’s new law on rental unit requirements might spur projects to move away.

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Top Fox Broadcasting Exec Lists Bel Air Home for $9 Million

Fox Broadcasting Co.’s president of entertainment, David Madden, and his wife, Marci Pool, have put their Bel Air home on the market for $8.99 million, according to property records.

Developer Plans 228 Homes in Inglewood Near Rams Stadium

Harridge Development Group is swooping into Inglewood with a plan to build 228 townhomes on an 18-acre site just a mile from the Los Angeles Rams’ planned $2.6 billion stadium.

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Hollywood’s Crossroads of the World Redevelopment EIR Unveiled

A mixed-use development that would be among the biggest in Hollywood history will face public scrutiny with the planned release Thursday of its draft environmental impact report.

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Los Angeles Moves to Legalize Bootlegged Residential Units

Around 5,000 bootlegged units across Los Angeles created without a city permit could soon become legal.

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