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Legal victory by Los Angeles County could shut door on property owners avoiding payment of transfer taxes – as well as dodging reassessments – by using holding companies, trusts as ownership vehicles
Legal win by Los Angeles County regarding the ownership transfer in a multifamily sale could open the door to more property reassessments.
The L.A. office market saw a solid third quarter, with the vacancy rate narrowing to 14.8 percent from 16.2 percent in the same period last year, according to data from Jones Lang LaSalle.
Five new industrial buildings totaling 501,270 square feet are now in the market in El Monte, giving the San Gabriel Valley city its first new industrial sites in about eight years.
Warner Music Group Corp. signed a long-term lease for the full Ford Factory in downtown’s Arts District, the company reported in a Securities and Exchange Commission filing on Friday.
Restrictions push Chinese investors away from higher-price single-family residences to condos
Condo projects could get a boost as Chinese investors move away from costlier single-family homes.
Tribune Media is aiming to build a 30-story condominium tower next to the Los Angeles Times building in downtown.
The former Spruce Goose hangar in Playa Vista is up for sale, along with the opportunity to claim Google Inc. as a tenant just as the technology giant is planning to expand its office space within the massive wooden shell designed by aviator Howard Hughes.
ACQUISITION: Deal grows KLM’s landlord presence at Third Street Promenade.
The sleek storefront that is home to Tesla Motors Inc.’s showroom on Santa Monica’s Third Street Promenade has sold for about $15.6 million, or roughly $5,200 a square foot, to the same company that purchased the Promenade’s Apple store in 2014.
Two Inglewood apartments sold this month to an investor planning to renovate the units and lift rents as part of a plan to capitalize on the city’s appeal to residents priced out of neighboring Westside markets.
Tesla Motors’ sleek storefront on Santa Monica’s Third Street Promenade has sold for about $15.6 million, or roughly $5,200 a square foot.
Tribune Media Co. finalized its sale of the Los Angeles Times building to Onni Group on Monday for at least $105 million.
New York Life Real Estate Investors picked up the Rubix Hollywood apartments this month for $109 million.
An 8,800-square-foot retail site in Beverly Grove just sold for $7.5 million with plans for a larger development.
A retail complex on a gritty stretch of Glendale Boulevard in Echo Park is prepping for a makeover.
REAL ESTATE: Hub site offered rare space in SoCal
New Compton megawarehouse proves shipshape for UPS in $44 million lease deal.