LA real estate
LA real estate

Mohamed Hadid Files For Bankruptcy on Planned Beverly Hills Project

Mohamed Hadid filed for bankruptcy for 4-acre vacant lot in Beverly Hills after accruing millions in IOUs. [ more ]

SFGATE

3 days ago

Matthew Perry's Hollywood Hills Home Hits the Market for $5.1M

Matthew Perry's last home purchase before his death is now on the market for $5,195,000. [ more ]

therealdeal.com

FMB's Ilan Kenig Loses Pacific Palisades Home in Foreclosure

Ilan Kenig, CEO of FMB Development, lost his Pacific Palisades home to foreclosure and owes over $500,000 in credit card debt. [ more ]

therealdeal.com

CIM Group Tries Again to Sell Hancock Park Project

Mixed-use property with residential and office components for sale with approved redevelopment plans. [ more ]

www.mercurynews.com

Four-bedroom home in Los Gatos sells for $4.2 million

A 5,377-square-foot house in Los Gatos was sold for $4,150,000 on April 15, 2024. [ more ]

www.mercurynews.com

Detached house sells for $3.6 million in Los Gatos

The property on Belvue Drive in Los Gatos was sold for $3,600,000, or $1,596 per square foot. [ more ]

morereal-estate

therealdeal.com

6 days ago

Millennium Partners Scraps $1B Plan for Towers in Hollywood

Millennium Partners halted $1 billion project near Capitol Records Building due to active earthquake faults, ending plans for tallest towers in Hollywood. [ more ]

high-school-sports

Los Angeles Times

6 days ago

High school baseball and softball: Playoff scores and pairings

Scores from various high school baseball and softball games in the City and Southern Sections. [ more ]

Los Angeles Times

High school baseball and softball: Wednesday's scores and updated playoff pairings

High school baseball and softball game results

Updated playoff pairings for different divisions [ more ]

morehigh-school-sports

real-estate-market

therealdeal.com

2 days ago

Afterpay Co-Founder Pays $65M for Holmby Hills Mansion

The co-founder of Afterpay, Nick Molnar, linked entity Lapro Property Trust bought the Funny Girl Estate in Holmby Hills at $65 million, the priciest residential sale in LA County in 2023. [ more ]

www.mercurynews.com

Five-bedroom home sells in Los Gatos for $2.6 million

The real estate market in Los Gatos has seen recent transactions with varying prices per square foot. [ more ]

www.mercurynews.com

16 hours ago

Single-family house sells for $3.3 million in Los Gatos

The real estate market in Los Gatos has seen several high-value property sales recently. [ more ]

therealdeal.com

Spec Home Developer Lists Beverly Hills PO Manse at $29.5M

A spec home in Beverly Hills Post Office is listed for $29.5 million after being developed by Yosef Dangor. [ more ]

morereal-estate-market

ABC7 Los Angeles

22 hours ago

West Hollywood penthouse condo sells for record-breaking $24 million, making it most ever paid for condo in LA area

California's real estate market sees record-breaking condo sale in West Hollywood for $24 million. [ more ]

los-angeles

therealdeal.com

6 days ago

LA City Council may save affordable apartments from mayor's ED1

Los Angeles moves to protect rent-controlled apartments in the face of affordable housing development plans. [ more ]

therealdeal.com

Decron Properties Buys Phoenix Multifamily After LA Sales

Decron Properties shifted investments from Los Angeles to Phoenix by selling assets in Thousand Oaks for a Phoenix property, using a 1031 exchange to defer capital gains taxes. [ more ]

therealdeal.com

Panot Capital Snags $51M Refi for Apartment Buildings in LA

Panot Capital secured a $50.8 million loan to refinance 10 century-old apartment buildings in Los Angeles. [ more ]

morelos-angeles

Mission Local

5 days ago

Los temas mas polemicos hasta ahora en nuestra serie "Conozca a los candidatos" del Distrito 9

El impacto de la ciclovÃa en la calle Valencia y la prohibiciÃ³n de la venta ambulante en la calle MisiÃ³n han sido temas controversiales en el Distrito 9. [ more ]

therealdeal.com

1 day ago

Clarion Partners Sells Playa Vista Apartments for $122M

Clarion Partners sold Playa Vista apartment complex for $122 million, $7.3 million less due to city tax, now owned by DivcoWest at $570,000 per unit. [ more ]

therealdeal.com

Grandview Partners to Sell Four LA Suite-Living Projects

Grandview Partners is selling a portfolio of suite-living apartment projects in Los Angeles, with developments in Mar Vista, Westchester, and East Hollywood. [ more ]

therealdeal.com

Brandywine Homes to Build 95 Infill Townhomes in Pico Rivera

Brandywine Homes is swapping a hotel for 95 townhomes in Pico Rivera, featuring diverse bedroom options and ample parking space, with a planned 32-month construction timeline. [ more ]

baseball

Los Angeles Times

5 days ago

Friday's high school baseball and softball playoff scores

High school baseball and softball scores from various sections.

Multiple schools recorded significant victories in their respective games. [ more ]

Los Angeles Times

Saturday's high school baseball and softball scores

The article provides a list of recent baseball and softball game results, showcasing scores from various matches. [ more ]

Los Angeles Times

Friday's high school baseball and softball scores

The article lists various baseball match results, indicating the teams involved and the scores. [ more ]

morebaseball

Los Angeles Times

3 days ago

High school baseball and softball: Updated playoff pairings

Announcement of various high school softball games and schedules. [ more ]

high-school-baseball

Los Angeles Times

5 days ago

Updated high school baseball and softball playoff pairings

High school baseball playoff matchups for various divisions on May 7. [ more ]

Los Angeles Times

Thursday's high school baseball and softball scores

A wide range of high school baseball game results. [ more ]

Los Angeles Times

Saturday's high school baseball and softball scores

High school baseball scores from various games. [ more ]

Los Angeles Times

Wednesday's high school baseball and softball scores

Scores from various high school baseball games are listed. [ more ]

Los Angeles Times

Tuesday's high school baseball and softball scores

High school baseball scores from various matches. [ more ]

Los Angeles Times

Monday's high school baseball and softball scores

High school baseball game results. [ more ]

morehigh-school-baseball

therealdeal.com

Grubb Properties Borrows $20M to Build Apartments in LA

Grubb Properties has secured a $20 million loan to top storefronts in North Hollywood, Hollywood and Santa Monica with a combined 378 apartments The North Carolina-based developer led by Clay Grubb took out the loan from Beverly Hills-based Bolour Associates to revamp three retail sites into mixed-use buildings in Los Angeles and Santa Monica, the Commercial Observer reported.

california

therealdeal.com

State Names Four SoCal Jurisdictions as Prohousing

California recognized several jurisdictions as prohousing for supporting housing development and affordability goals.

Prohousing communities receive benefits and incentives under the Prohousing Designation Program by the state. [ more ]

therealdeal.com

Million-Dollar Cities in California Now Include Working-Class Towns

Working-class cities in California are now part of the million-dollar club as home values rise significantly. [ more ]

therealdeal.com

Supreme Court: Builders Can Challenge California Impact Fees

U.S. Supreme Court allows challenges to impact fees on developers and builders in California, impacting housing affordability and local government budgets. [ more ]

morecalifornia

www.npr.org

2 days ago

Scientists study the mysteries of bird migration in the mountains of Los Angeles

Every spring, a remarkable sight unfolds in the San Gabriel Mountains north of Los Angeles, as thousands of songbirds fly north.

affordable-housing

therealdeal.com

Realtor-Backed Group Challenges City of Orange Housing Plan

Californians for Homeownership challenges Orange's housing plan, citing deed restrictions on potential development sites. [ more ]

therealdeal.com

Long Beach Ups Zoning So Linc Housing Can Build Affordable Units

Long Beach upgraded zoning to allow affordable housing in high resource areas. [ more ]

Los Angeles Times

Builders may challenge California's development 'impact fees,' Supreme Court rules

Developers in California can challenge impact fees for public improvements, potentially leading to more affordable housing. [ more ]

moreaffordable-housing

therealdeal.com

Multifamily Development in California Falls to 10-Year Low

Plans for multifamily apartments in California at a 10-year low, impacting rent relief hopes. [ more ]

therealdeal.com

Abacus Pays $73M for Sherman Oaks Apartment Complex

Abacus Capital Group acquired a 236-unit residential complex in Sherman Oaks for $72.5 million. [ more ]

Los Angeles Times

Photos: Los Angeles Times Festival of Books

The Los Angeles Times Festival of Books offers diverse genres, authors, and interactive experiences for all ages. [ more ]

therealdeal.com

Redcar Plans Mass Timber Office Building in Santa Monica

Redcar Properties upgrades office building design in Santa Monica. [ more ]

therealdeal.com

Macerich Faces Imminent Default on Santa Monica Mall Loan

Macerich has an episode of deja vu, after a $300 million loan on its Santa Monica Place mall goes to special servicing the second time in two years.

therealdeal.com

Centurion to End Capital Lease With $100 Sale of OC Offices

Centurion Partners to sell five office buildings in Santa Ana for $100 at the end of a capital-lease deal. [ more ]

www.mercurynews.com

Sale closed in Los Gatos: $3.4 million for a four-bedroom home

Houses in Los Gatos have been selling at high prices per square foot recently. [ more ]

therealdeal.com

LA's Mayor Bass Asks the Wealthy to Pay for Homeless Housing

Mayor Karen Bass is urging rich residents and businesses in Los Angeles to donate money to provide housing for the homeless population. [ more ]

investment

therealdeal.com

Industrious Expands into LA's Westwood and Santa Monica

Industrious expands coworking spaces in Westwood and Santa Monica. [ more ]

therealdeal.com

Pic N' Save CEO Wants to Buy 99 Cents Stores in SoCal

Executive Mark Miller is leading a group of investors to buy 143 defunct 99 Cents Only Stores in Southern California.

The plan involves temporarily closing stores for renovation and aiming to bring back the original treasure hunt shopping experience. [ more ]

therealdeal.com

Joshua Tree's Housing Boom Is Busted

Joshua Tree's housing market surged during the pandemic but has since declined significantly in value.

Investors who bought homes in Joshua Tree are facing challenges due to price reductions and prolonged selling times. [ more ]

moreinvestment

therealdeal.com

Kanye West Cuts Price of Gutted Beach Home in Malibu to $39M

Kanye West reduced the price of his stripped, windowless Malibu beachfront house by $14 million to $39 million. [ more ]

therealdeal.com

WeWork Keeps North Hollywood Site, Sees LA as Key Market

WeWork filed a motion to keep leases at two Los Angeles locations during its Chapter 11 bankruptcy reorganization. [ more ]

www.mercurynews.com

Single family residence in Los Gatos sells for $5.3 million

The house on Twin Oaks Drive in Los Gatos, with four bedrooms and three baths, was sold for $5,300,000 in April 2024. [ more ]

therealdeal.com

Lincoln Property Defaults on Newport Beach Office Loan

Lincoln Property Company defaulted on a $23.3 million loan for an office building in Newport Beach, reflecting changing market conditions. [ more ]

www.mercurynews.com

Hundreds of affordable homes are proposed near East Bay BART stop

FREMONT An affordable housing project that could produce hundreds of homes is being eyed on empty land near a BART station in Fremont, city documents show.

therealdeal.com

Amazon.com Leases Two 1M sf Warehouses in the Inland Empire

Amazon leases two 1 million square feet warehouses in the Inland Empire amid a weakening industrial market. [ more ]

Los Angeles Times

Monday's high school baseball and softball scores

High school baseball and softball scores roundup. [ more ]

real-estate-development

therealdeal.com

Jamison Clears Hurdle for Dual Apartment Towers in Koreatown

Jamison Services led by Jaime Lee is moving forward with constructing two 23-story apartment buildings in Koreatown, further shaping the real estate landscape of the area. [ more ]

therealdeal.com

LA Mayor Looks to Make Housing Streamlining Permanent

Los Angeles Mayor Karen Bass aims to make Executive Directive 1 permanent, despite developers' reservations.

The directive aims to expedite affordable housing construction by shortening approval processes and exempting projects from lengthy environmental reviews. [ more ]

therealdeal.com

morereal-estate-development

TA Partners Seeks Bankruptcy on 452-Unit Playa Vista Project

TA Partners filed for bankruptcy after facing distress due to loan defaults.

The bankruptcy filing relates to a development site in Playa Vista where a residential complex was planned. [ more ]

urban-development

therealdeal.com

Norwalk Hatches Plan to Revamp Downtown With 3,000 Homes

Norwalk aiming to revamp historic downtown with new zoning to construct over 3,000 homes and 173,000 square feet commercial area in buildings up to five stories. [ more ]

therealdeal.com

Anaheim Ducks Owners Swap Offices for Homes Near Arena

The owners of the Anaheim Ducks are revising plans for a retail village by adding more homes and reducing the office space.

The OCVibe project, managed by the Samuelis, aims to transform the area surrounding the Honda Center arena into a bustling urban retail village. [ more ]

therealdeal.com

Legendary Development Wins Approval for LA Office Building

Legendary Development wins approval for 18-story office building in Downtown L.A.'s Arts District after denial of appeal.

The project will feature 308,000 square feet of offices, 8,100 square feet of ground-floor restaurants, and a 660-car garage, inspired by the Arts District's utilitarian style. [ more ]

moreurban-development

therealdeal.com

Growing Inventory Fuels SoCal Home and Condo Sales

New inventory growth driving sales in Southern California housing markets. [ more ]

Los Angeles Times

Saturday's high school baseball and softball scores

High school baseball and softball scores from various matches. [ more ]

Los Angeles Times

Friday's high school baseball and softball scores

A long list of baseball and softball game results [ more ]

therealdeal.com

Decron Sells Moorpark Apartment Complex for $133M

Decron Properties sold Moorpark apartment complex for $133 million, part of ongoing asset offloading in Los Angeles. [ more ]

therealdeal.com

Cash Buyers Ratchet Up SoCal Home Prices to Record Highs

Home prices in Southern California have hit an all-time high due to wealthy buyers unaffected by high mortgage rates. [ more ]

therealdeal.com

HOA at Ocean Towers in Santa Monica Stole $5.7M, State Says

A decade-long saga of fraud and manipulation unfolded at the Ocean Towers condo complex in Santa Monica, involving former HOA figures. [ more ]

therealdeal.com

Aflalo Equities Plan Apartments, Retail in Beverly Hills

Plans to develop four Beverly Hills properties for multifamily and retail spaces are underway by Aflalo Equities.

The projects involve partnerships, joint ventures, and financing arrangements with other companies for development in the neighborhood. [ more ]

therealdeal.com

LA to Consider Ban for Criminal Checks on Housing Applicants

Landlords may be prohibited from using renters' criminal history for housing decisions.

Proposed fair chance housing ordinance aims to prevent discrimination based on criminal records. [ more ]

therealdeal.com

Stockdale Sues MJW Over Appraisal at Santa Monica Hotel

Stockdale Capital Partners is in a legal battle over Le Merigot hotel's ground value in Santa Monica.

The lawsuit alleges MJW Investments artificially inflated the property value for higher rents. [ more ]

therealdeal.com

Joel Schreiber Secures Loan Extension on LA Office Tower

Joel Schreiber successfully paid off $35 million on a $75 million loan to secure an extension.

Schreiber faced financial challenges but managed to negotiate deals to maintain ownership of Union Bank Plaza. [ more ]

therealdeal.com

California Banks Hold Spotlight for Outsized Property Debt

California banks have high exposure to troubled commercial real estate.

Regulators are monitoring lenders with high exposure to regions expecting significant price declines. [ more ]

Los Angeles Times

Wednesday's high school baseball and softball scores

Alemany 14, Loyola 4

Aliso Niguel 4, San Juan Hills 2

Alta Loma 3, Glendora 0

Anaheim 9, Magnolia 1

Anaheim Canyon 4, Esperanza 0

Animo Venice 18, Animo Robinson 4

Arroyo 11, Mountain View 0

Los Angeles Times

All-cash offers, wealthy buyers push Southern California home prices to a record

Southern California home prices hit record high in March 2022, despite high mortgage rates.

A combination of low inventory, wealth gap, and cash buyers contributes to the unaffordable housing market. [ more ]

therealdeal.com

Erewhon Owners Sell Malibu Mansion for $15.5 Million

therealdeal.com

Star Brokers Tomer Fridman and Sally Forster Jones Team Up

Tomer Fridman and Sally Forster Jones are merging their respective real estate groups to form Jones Fridman International in Beverly Hills.

The newly formed team has a combined $25 billion in sales and plans to open additional real estate offices domestically and internationally. [ more ]

Los Angeles Times

Tuesday's high school baseball and softball scores

Wide range of baseball games with various scorelines.

Multiple schools with high-scoring victories. [ more ]

therealdeal.com

Blackstone Gains 8,300 Units in California With AIR Deal

Blackstone acquires 8,300 apartments in California for $10 billion, marking its largest multifamily acquisition.

Deal includes 27,000 apartments across 10 states with 30% in California, part of AIR Communities' $3 billion valued portfolio. [ more ]

therealdeal.com

Alon Abady Buys Beverly Hills Home, Then Lists It for Rent

Alon Abady swiftly rented out a mansion he purchased within 48 hours to recoup the investment.

The mansion features luxurious amenities like a game room, movie theater, fitness studio, and infinity-edge pool. [ more ]

therealdeal.com

Douglas Elliman to Market Units at Century Plaza Hotel

therealdeal.com

Primestor Buys Oxnard Mall From DRA Advisors

DRA Advisors sold an outdoor mall in Oxnard for $90 million, slightly less than the purchase price in 2018.

Primestor Development acquired the Esplanade Shopping Center with value-add potential and a strong leasing status. [ more ]

therealdeal.com

Bargain Rent Markets Lose Advantage in Pricey California

The disparity in rental prices between high-cost and low-cost cities in California has decreased by 22% since 2017.

The shift in rental pricing trends is attributed to people moving away from expensive coastal cities to more affordable inland areas. [ more ]

therealdeal.com

Court appeal claims voters were misled by Measure ULA

Los Angeles Times

Saturday's high school baseball and softball scores

A variety of baseball and softball games were played with multiple teams winning decisively.

The scores of the games showcase the competitive nature of high school sports and the talent displayed by the participating teams. [ more ]

SFGATE