LA REAL ESTATE
Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
Dodgers Neighbors Beginning to Score
Team’s new ownership inspires developers.New Dodgers ownership a hit with stadium neighbors looking to swing sales and development deals. May 14, 2012 midnight $$ ShareHudson Pacific Properties to Sell Stock, Buy Buildings
Hudson Pacific Properties Inc. said that it plans to buy two office-retail complexes in Los Angeles and San Francisco. The deals will be financed as part of an offering of 10 million shares of stock.
Kennedy Wilson Acquires Sacramento Apartment Community
Kennedy Wilson and partners have acquired an apartment community in Sacramento in a $64 million deal.
Gaining Ground
CEO Bill McMorrow looks to expand Kennedy-Wilson’s real estate holdings with moves into the United Kingdom.
Kennedy-Wilson’s Bill McMorrow credits the structure that comes with being raised in a large family for his work ethic and discipline.
Caruso Named Ernst & Young LLP Master Entrepreneur of the Year
Ernst & Young LLP said that Los Angeles developer Rick Caruso will receive the 2012 Master Entrepreneur of the Year Award for Greater Los Angeles.
Tutor Perini Wins Contract to Build Arizona Indian Casino
An Arizona Indian community has selected Perini Building Company Inc. to develop and construct a new $135 million casino and resort hotel at the tribe’s Vee Quiva Casino near Phoenix.
CBRE’s CEO to Retire
CBRE Group Inc. announced that Chief Executive Brett White would retire at the end of the year. He will be succeeded by the company's president, Robert Sulentic.
PennyMac Announces 10-Million Share Offering
PennyMac Mortgage Investment Trust said late Monday that it will offer 10 million common shares in an underwritten public offering.
Kodak Theater Now Dolby Theater; Oscars to Remain
The Kodak Theatre will be renamed Dolby Theatre and the Academy Awards show will continue to be held there for the next 20 years, under agreements announced Tuesday by the owner of the Hollywood & Highland Center.
St. Louis Real Estate Brokerage Opens Office Downtown
Commercial real estate investment and services company Cassidy Turley Inc. is opening its first Los Angeles office, and has hired away four brokers from Transwestern’s downtown office to do so.
Dallas Firm Rustles Up Downtown L.A. Property
Real Estate: Lincoln’s deal for Wedbush Center valued at $130 million.
Downtown L.A.’s Wedbush Center is about to trade hands.
Los Angeles County Home Sales March 2012
Sales heated up in March with arrival of the summer home-buying season.
Maguire, AEG Think Big Downtown
Office tower would be area’s first in 20 years.
Developer Robert Maguire looks to build on his downtown roots by teaming with AEG on a creative office high-rise.
Gold Mine Line?
Special Report: REAL ESTATE QUARTERLY
Cities and developers are pulling out all stops to locate projects near stations along Metro’s Gold Line extension.
Beverly Hills Cap Protested
Landlord challenges medical zoning.
Beverly Hills landlord sues city after losing patience with cap on medical office space.
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