LA REAL ESTATE

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

Newhall Ranch Splashed

development: Foes cite water table in latest lawsuit.Newhall Ranch opponents float a new lawsuit based on the drought’s impact on the water table.

San Pedro Ports O’ Call Shop Owners Protest Evictions

About 15 shop owners at San Pedro’s Ports O’ Call Village have filed a claim with the L.A. city clerk against the Port of Los Angeles over their pending eviction to make way for a new waterfront attraction, they announced Tuesday.

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Foundations Pump $20 Million into L.A. Homeless Housing Loan Fund

Four foundations have loaned a total of $20 million towards an L.A. homeless housing loan fund, bringing the fund to $60 million, Mayor Eric Garcetti announced Tuesday.

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Brookfield Properties Bringing Amenities, Services Platform to Downtown Offices

Major downtown office space landlord Brookfield Properties, based in New York, announced this week it’s bringing the Convene “workplace-as-a-service” platform to its local properties.

$280 Million for Union Bank Plaza

KBS Real Estate Investment Trust II recently struck a deal to sell its 40-story Union Bank Plaza building at 445 S. Figueroa St. in Downtown Los Angeles for $280 million, according to a U.S. Securities and Exchange Commission Report.

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Developer Rolls On Office Project

Luzzatto’s West L.A. building looks to get line on nearby Expo-Bundy light-rail station.

Luzzatto Co. aims to line up its office project with easy access to a West L.A. rail stop.

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Developer Touts Bull’s-Eye With Target’s Arrival

Century West Partners sees retailer bolstering its efforts with Koreatown residential.

Add retail to Century West Partners’ Koreatown portfolio now that one of Target Corp.’s smaller, urban-oriented stores is nearly ready to open.

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$73.8 Million for Apartments, Retail in Monrovia

A 163-unit mixed-use apartment and retail property in Monrovia has sold for $73.8 million.

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CIM’s City in Sight

REAL ESTATE: Downtown vision close to completion.

CIM Group’s downtown efforts took off after bagging a grocery store for the neighborhood.

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Pasadena Real Estate Firm Chief Appointed Ambassador to Croatia

Robert Kohorst, president and founder of Pasadena-based real estate firm Everest Properties, was appointed by President Donald Trump to serve as Ambassador to Croatia.

Beverly Hills Tries to Get Handle on Rent Control

Landlords, tenants in talks over stabilization ordinance enacted by city this winter.

Landlords and renters in Beverly Hills have gone through mediation sessions to try to hammer out an agreement for rent control in the city, but the two sides remain far apart on the issue.

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Building on Downtown's Revival

Special Report: Who's Who in Real Estate

Office, residential and hotel projects are helping keep downtown a center of attention.

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Solid Infrastructure Growth

CONSTRUCTION: LAX project tops at $1.9 billion.

L.A. County’s building boom continues to gain ground with infrastructure and general projects.

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Newmark Knight Frank Sells Madrona Business Campus in Torrance for $48.75 Million

Manhattan-based Newmark Knight Frank has completed the $48.75 million sale of the Madrona Business Campus, a four-building Class A office and medical property in Torrance, the real estate firm said Wednesday.

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Kor Group Acquires Custom Hotel for $33 Million

Venice-based Kor Group has acquired the 12-story boutique Custom Hotel in Westchester for $33 million, according to CoStar data.

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