WATCH: 4 things real estate investors are tracking in 2017
From the New York website: With a surprise presidential election and a certain tax abatement program up in the air, uncertainty seems to be the flavor of 2017 thus far. Whether it’s questions about...
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Seven-acre affordable housing project finally underway in South LA
5867 South Los Angeles Street (Credit: Google Maps) An affordable housing project that’s been in the works for more than seven years could finally be breaking ground in South L.A. The Slauson and Wall...
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Urban Offerings plans creative rehab for 100-year-old building
Renderings of the project at 755 South Los Angeles Street (Credit: DLANC) Another storied Downtown Los Angeles building could get the creative office treatment. L.A. developer Urban Offerings wants to...
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Nonprofit will shutter LGBT-focused art center in Boyle Heights, citing...
PSSST art space (Yelp) The lights will be turned off for good at PSSST, a nonprofit art space in Boyle Heights. The gallery, which also described itself as an incubator for underrepresented artists,...
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Trump’s immigration plans could hit housing market hard
President Donald Trump (Getty Images) From the New York website: The Trump administration’s plans to deport more undocumented immigrants and restrict legal immigration could be bad news for the U.S....
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Barbara Armendariz launches DTLA brokerage
Barbara Armendariz In the white, male-dominated commercial brokerage business, Barbara Armendariz is an outlier: a female Hispanic broker with a resume that includes clients such as Starbucks and Rite...
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Live Oak Properties buys El Segundo office for $52M
2300 E Imperial Hwy (Google Maps) Developer Live Oak Properties purchased a seven-story El Segundo office building for $52 million — more than twice the price of its last trade — Real Capital Analytics...
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“Private” is the most-used word in NYC’s priciest listings
LLNYC’s listing word cloud From Luxury Listings NYC: When it comes to advertising New York City’s most expensive real estate, brokers work hard to set their listings apart. Listing descriptions boast...
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Staples Center architect lists Calabasas home for $2.5M
Cold Canyon Road home, Dan Meis (Deasy/Penner & Partners/Meis architects) The Calabasas home of Staples Center architect Dan Meis is far removed from the sports and entertainment stadiums he is...
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San Gabriel developer plans 100-room hotel in South Westlake
The retail structure that occupies 2005 West James M. Wood Boulevard (Credit: Google Earth) A 100-key hotel could replace a low-level retail structure in South Westlake, city documents show. A...
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LA has the fourth largest percentage of renters in U.S.: report
(Credit: Adobo) Los Angeles has a significantly higher percentage of renters than other major U.S. cities, a new report shows. About 54 percent of all Los Angeles homes, condos, and apartments are...
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How many big US real estate deals have Chinese insurers made this year? None
Anbang’s Wu Xiaohui and the Waldorf-Astoria From the New York website: China’s insurance giants have hit the brakes on their $100 billion buying spree following a regulatory squeeze on speculation and...
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“Fast and Furious” creator scores Woodland Hills home for $1.76M
Rob Cohen and his new home on Lubao Avenue (Credit: Wikipedia, Cristnet) “Fast and Furious” creator Rob Cohen is about to zoom into Woodland Hills. The filmmaker snagged a 4,650-square-foot...
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Treasury extends LLC disclosure rule, but to what effect?
Uncle Sam and an aerial view of New York City (Credit: Getty Images) From the New York website: Nearly a year after launching a pilot program designed to unmask hidden buyers of luxury real estate, the...
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Sales of mega-mansions geared toward Chinese buyers slump in SGV
Dee Chou, Fallen Leaf Road home (Coldwell Banker Residential) Mansions geared towards Chinese buyers — some featuring crystal chandeliers, marble floors and no fewer than eight bedrooms — were at one...
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Trump’s immigration crackdown could “decimate” California construction sites:...
Construction laborers work on the construction of the Broad Museum in 2013 (Credit: Getty) President Donald Trump’s order for immigration agencies to target undocumented immigrants is a cause for...
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Fannie-Freddie case puts spotlight on Mnuchin’s housing finance plans
Treasury Secretary Steve Mnuchin (Credit: Getty Images) From the New York website: Steven Mnuchin’s may soon be forced to clarify his plans for housing finance reform, following this week’s federal...
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Vacancy in SaMo’s office market dropped nearly 5.6 percent in one quarter
Santa Monica Pier, Oracle co-chief executives Safra Catz and Mark Hurd (Getty Images/Oracle) The tail end of 2016 was ripe with Santa Monica office news, from Oracle’s purchase of 2700 Colorado to...
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MLS launches Chinese translation of listings
MLSListings’ Chinese translation, Jonathan Genton and Thomas Hilal (MLSListings/Genton Property Group/Nourmand & Associates) Chinese investors have made quite a dent in L.A.’s real estate market,...
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“Measure S goes too far”: Gov. Jerry Brown
Gov. Jerry Brown Measure S has a new adversary in California Gov. Jerry Brown. “I join with all those who say Measure S goes too far,” he said in a statement Thursday. Brown is the highest ranking...
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