Los Angeles Business Journal

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Hudson Pacific Properties Sells Office Building, Land for $35 million

Hudson Pacific Properties Inc. has sold an office building and an adjacent 1.2-acre plot of land in Santa Monica for $35 million to Santa Monica-based solar power provider Cypress Creek Renewables. The deal closed March 21 and was announced this week.

Aging Echo Park Retail Buildings Acquired for $9.5 Million

Champion Real Estate Company has acquired a collection of aging retail buildings on Sunset Boulevard in Echo Park for $9.5 million. The company plans to repurpose them into a mixed-use development of retail, restaurants, and residential lofts called BrickWorks.

Largest Los Angeles Spec Home Hits the Market for $75M

The biggest spec house in Los Angeles has hit the market, clocking in at 40,000 square feet.

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Trump’s Ban On Travel Hits Home in L.A.

REAL ESTATE: Brokers see foreign buyers scuttle deals.

Immigration concerns have some foreign buyers moving out of local deals.

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Luxury Condo and Townhome Project Coming to Pacific Palisades

A mix of 53 townhouses and condos are under construction in the Pacific Palisades and about to begin presales, according to the developers.

Luxury Car Dealer Sells Malibu Mansion for Nearly $16M

The owner of a luxury car dealership in Texas has sold his five-bedroom, six-bathroom oceanfront dwelling in Malibu for about $15.9 million, according to listing agent Madison Hildebrand of Partners Trust Malibu.

Cornfield Park Set to Open in April After Three-Year Closure

Residents of L.A.’s urban jungle will soon have access to more open green space.

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Doctor’s Venture Nurses Physicians’ Home Loans

REAL ESTATE: Lenders say there’s less risk banking on medical field’s high incomes.

Dr. Peter Kim has found a healthy side gig in helping secure physician home loans for clients.

USC’s Raphael Bostic Appointed President of Federal Reserve Bank of Atlanta

Raphael Bostic, a University of Southern California professor and former President Barack Obama housing administration official, has been named the next president and chief executive of the Federal Reserve Bank of Atlanta.

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Market Known for Rental Properties Moves into Condo Projects

Diving in Downtown

Condo projects have come knocking downtown, a market traditionally targeted for rentals.

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