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Condo prices rise in LA while sales volume drops: report
The progress on construction of the Metropolis project as of April 3 (credit: Hunterkerhart.com) As demand for housing in L.A. continues to outpace a stagnating supply, condo prices continue to...
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This week in renderings: James Hotel, Hollywood Park
A rendering of a room in the James Hotel (Courtesy of The James West Hollywood–Sunset via Curbed) A new rendering of the Hollywood Park project that includes the Inglewood football stadium. (Credit:...
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Korean Air is bringing a Korean barbecue tenant to Wilshire Grand: sources
A rendering of the Wilshire Grand by AC Martin and Korean Air chairman Cho Yang-ho UPDATED, 2:46 a.m., May 24: Korean Air’s $1.2 billion development in Downtown Los Angeles will, rather appropriately,...
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Submarket Snapshot: Homes in Venice in Q1 2016
The Venice Canals The average home price in Venice increased just over 6 percent in the first quarter of 2016, when compared with the same period last year. It clocked in at $1.9 million, according to...
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Current reader favorites: 1. CBRE Global Investors sells HQ in DTLA for $330M 2. The biggest foreign investors pouring capital into L.A. RE 3. Condo prices rise in LA while sales volume drops: report...
View ArticleMindy Kaling re-lists Sunset Strip property at 23% discount
A photo posted by Mindy Kaling (@mindykaling) on May 21, 2016 at 9:44pm PDT It may not be her primary project, but Mindy Kaling is set on selling her Sunset Strip house. The actor, writer and producer...
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America’s unequal retail recovery
From the special retail issue: The retail industry continues to mend the wounds incurred during the Great Recession, but the recovery has been anything but evenly distributed across a diverse range of...
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Angelenos are moving — to Las Vegas
City migration (credit: Realtor.com) L.A., it’s not you — it’s your housing costs. Disenchanted Angelenos, it turns out, are consistently moving to places with lower costs of living, like Las Vegas....
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Top 10 retail brokerages battle for share of billions in deals
Gene Spiegelman: Cushman has won lease as a result of the merger. From the special retail issue: Business is booming and competition is at a fever pitch for top retail real estate brokerages as...
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New home sales in the US are skyrocketing
A house under construction in Pacific, Washington (credit: Wikipedia Commons) The housing market is in rebound mode. In April, sales of new, single-family homes jumped nearly 17 percent since the...
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City Council backs Garcetti’s budget highlighting housing
Garcetti and a tent encampment in downtown L.A. (credit: limitstogrowth.org, L.A. Mayor) Mayor Eric Garcetti’s 2016 budget proposal is one step closer to becoming reality — and it’s a step that will...
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Wholesalers at 7th Street market upset with landlord Atlas Capital
Rendering of Row DTLa (credit: Runyon Group) Smells like something’s rotten at the 7th Street Produce Market. The fruit and vegetable vendors there are not happy with landlord Atlas Capital Group....
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ICSC Day 3: Work hard, play harder – PHOTOS & highlights
The theme for ICSC Day 3 was “work hard, play harder” From the New York website: Monday was the day to ditch the trunks and loafers for suits and ties, if only for a little while. Catch all the photos...
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Hillary Clinton opens Woodland Hills office, the fourth in L.A.
Hillary Clinton and the L.A. skyline (credit: mapio.net, YouTube) Hillary Clinton is stepping up her game in California. Gearing up for the June 7 primary, in which 475 delegates are up for grabs, the...
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Manhattan Village retail gets $150M facelift
Rendering of the renovations for Manhattan Village at 3200 North Sepulveda Boulevard Manhattan Village Shopping Center in Manhattan Beach is the latest Southern California mall to get a makeover. The...
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Kalashnikovs and supercars: How dealmakers handle the stress of ICSC
From left: David Firestein of SCG Retail, with his target from AK-47 shots at a gun range and James Wacht of Lee & Associates NYC, climbing rocks From the New York site: The whirlwind of meetings,...
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Honda of DTLA will soon become Honda of Exposition Park
The Honda dealership at 1540 South Figueroa Street Honda is getting the hell out of dodge. Dodge, in this case, is Downtown Los Angeles’ Figueroa Corridor, where Honda and other car dealerships...
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Wendy Maitland out at Town: sources
From left: Andrew Heiberger, Wendy Maitland and Joe Sitt From the New York site: Wendy Maitland, one of the founding members of Town Residential and its president of sales, is leaving the firm, The...
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Top Target exec talks retail giant’s urban moves
Mark Schindele From the special retail issue: Although it’s been just a year since Target shuttered its 133 Canadian stores, the company has already moved on in a big way, namely rolling out “flexible...
View ArticleJ.Lo is buying a $40M mansion in Bel Air
A photo posted by Jennifer Lopez (@jlo) on Apr 21, 2016 at 12:58pm PDT Jenny from the block is moving to Bel Air. Singer, actress and seemingly ageless being Jennifer Lopez is rumored to be close to...
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