LA REAL ESTATE
Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...SAN FERNANDO VALLEY: New Year Ushers in Gains but Some Large Tenants Plan Departures
Real Estate Quarterly
The San Fernando Valley saw nearly a half-million square feet of office space taken off the market in the first quarter as the region posted its best absorption numbers in several years.
SAN GABRIEL VALLEY: Dearth of Inventory Spurs Competition Among Property Buyers
Real Estate Quarterly
Main events in Los Angeles County’s submarkets.
SANTA CLARITA VALLEY: Entertainment Tenants Helping North L.A. Market Stage Comeback
Real Estate Quarterly
A ready supply of available space and decreasing asking rates could make the Santa Clarita Valley office market more attractive to tenants.
TRI-CITIES: Burbank Faces Flood of Returned Space From Disney’s Exodus
Real Estate Quarterly
The first quarter was not kind to the Tri-Cities, with the Pasadena, Glendale and Burbank office markets all experiencing negative net absorption. Burbank took the worst hit.
SOUTH BAY: Aerospace Companies’ Flight Boosts Office and Industrial Vacancies
Real Estate Quarterly
Main events in Los Angeles County’s submarkets.
Homes Sales Remain Flat in County
The number of Los Angeles County homes sold in March remained flat compared with a year earlier while the median sale price soared as fewer homes were listed for sale.
Foreclosure Boom Busts Attorney
LAW: Bankrupt Gene W. Choe also faces possible loss of license.
State Bar homes in on attorney whose firm boomed then busted handling foreclosure cases.
Malibu Mulls Chains Break
Real Estate: Developers rip proposed retailer limits.
Developers aren’t buying a new Malibu proposal to restrict large chain retailers.
Owner Could Follow Disney Out of Building
LISTING: BlackRock may sell office tower left empty by entertainment giant.
The Burbank office building recently vacated by Walt Disney Co. may be put on the market.
Hefty Loan Helps Landlord Move Into New Phase
REAL ESTATE: Evoq taps $78 million to help ugrade downtown L.A. property.
Evoq scores $78 million loan to help it build interest in its mixed-use Alameda Square Campus.
CBRE Refinances Debt
CBRE Group Inc. said it had refinanced its existing credit facilities and will pay off some senior notes, which it said would lower debt levels by nearly $500 million.
Smaller-Than-Expected Loss for KB Home
KB Home reported a narrower loss for its fiscal first quarter, as new home sales and prices improved amid the nationwide recovery of the housing market.
CBRE Expands in Eastern Europe
CBRE Group Inc. has acquired Impact-Corti, which provides property management services in the Czech Republic and Slovakia.
Villaraigosa Won’t Wait for AEG
Reacting to Philip Anschutz’s decision to not sell AEG, L.A. Mayor Antonio Villaraigosa late Thursday said he wouldn’t wait on the sports and entertainment giant as a partner in modernizing the city’s Convention Center.
Kennedy-Wilson to Sell 9 Million Shares
Beverly Hills real estate investment and services firm Kennedy-Wilson Holdings, Inc. said Tuesday it planned sell 9 million shares of common stock.
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