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Industrial rents keep rising in the South Bay: report
The South Bay is still the hottest industrial submarket in Los Angeles. This southwest region of L.A. County is seeing continued appreciation in rents, according to a recent JLL report. Unless there is...
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Despite opposition, the Aloft hotel will rise in Glendale
Aloft hotel in El Segundo Despite opposition from some community members, an Aloft hotel will soon rise in Glendale. The city’s Design Review Board unanimously approved Thursday Starwood Hotels’ plans...
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Jason Segel lists Hollywood Hills home for just under $1.6 million
“How I Met Your Mother” actor and very tall person Jason Segel is selling his house near Los Feliz for a sliver below $1.6 million. The nearly 2,000-square-foot property is located at Cazaux Place in...
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Watch out Neighborhood Integrity Initiative: Build Better L.A. measure will...
(credit: California Apartment Association) Looks like the Neighborhood Integrity Initiative will get a run for its money. An alliance of labor and housing rights organizations said Monday that they’ve...
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Submarket Snapshot: Playa Vista’s office market in Q1 2016
Space available in Playa Vista’s office market (credit: Savills Studley) The Playa Vista office submarket ended the first quarter with an availability rate of 34.2 percent, according to a report by...
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Current reader favorites: 1. 10 of the biggest proposed developments in LA County 2. Eva Longoria has had it with unaffordable housing 3. Condo spree: Jamison plans another project near Ktown 4. Bel...
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David Simon’s second coming?
David Simon From the special retail issue: When Saks Fifth Avenue, one of the great old American department stores, shuttered its location at the Shops at Riverside in Hackensack in 2014, the closure...
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Geoff Palmer refinances DTLA apartment complex with $115M loan
The Orsini II at 550 North Figueroa Street and developer Geoff Palmer Geoffrey Palmer has secured a $115 million loan to refinance his 566-unit residential complex at the edge of Downtown L.A. Called...
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L.A. is one of the world’s fastest growing markets for logistics properties
Chart from CBRE report A rise in online shopping is pushing up rents for fulfillment and distribution centers in the L.A. area. The Los Angeles and Orange County area is the seventh fastest growing...
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US housing starts rebound in April after sluggish Q1
Related’s construction of 10 Hudson Yards From the New York Website: Housing starts in the U.S. picked up 6.6 percent in April, in a welcome rebound from what was a slow first quarter for new housing...
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City Council changes course on Cahuenga Pass apartment development
Councilmember David Ryu and the Cahuenga Pass Developer Ben Forat isn’t happy right now. The L.A. City Council voted Friday to reverse a 2015 decision that would have allowed him to build a 250-unit...
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Bob Newhart’s Bel Air home sells for $14.5M
Bob Newhart just sold his house in Bel Air for $14.5 million. Located in the neighborhood’s formidable East Gate enclave, the 1.4-acre estate had hopped on and off the market for nearly three years,...
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Beachbody expands HQ to former IMAX Building in Santa Monica
The IMAX building at 3003 Exposition Blvd. in Santa Monica (via CoStar) and Beachbody CEO Carl Daikeler (via CarlDaikeler.com) Multi-level marketing firm Beachbody’s headquarters is getting ripped. The...
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Submarket Snapshot: Homes in Los Feliz in Q1 2016
The Los Feliz 3 theater There were 45 homes sold in Los Feliz for more than $1 million in the first quarter, according to a report by The Agency. The average price of such a home was $2.25 million, or...
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Current reader favorites: 1. 10 of the biggest proposed developments in LA County 2. Herbalife buys its Torrance HQ for close to $30M 3. Backers say Build Better L.A. measure made ballot 4. Playa...
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Chinese capital may be “less sophisticated” than it seems
From left: John Liang, Beth Fisher, Kai-yan Lee and Wendy Cai-Lee From the New York site: The Chinese investors buying up swaths of U.S. real estate may not always know what they’re doing, according to...
View ArticleBeyoncé and Jay Z outbid on Beverly Hills mansion
A photo posted by Beyoncé (@beyonce) on Nov 22, 2015 at 11:44am PST On their list of 99 problems, real estate may be pretty high. Beyoncé and Jay Z have lost yet another bidding war for a Beverly...
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Affordable housing project proposed for Westlake
Rendering of the project at 1307 West 7th Street Westlake may be getting an injection of affordable housing. Nonprofit real estate firm Deep Green Housing has proposed building a 45,000-square-foot,...
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Tom Cruise sells Beverly Hills mansion for $40M
Tom Cruise might be saying goodbye to L.A. The actor and famous Scientologist has recently sold his 10,000-square-foot Beverly Hills mansion for $40 million, TMZ reported. For nearly 10 years, he...
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How the SBE-Morgans deal finally came together
Hudson Hotel in Midtown (inset, from left: Jason Kalisman, Ron Burkle and Sam Nazarian) After seeing merger negotiations with Morgans Hotel Group crumble last fall, hotelier Sam Nazarian wasn’t taking...
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