Champion Real Estate plans $30M shopping center development
Chris Wilson of Champion Real Estate and the site at 655 South Grand Avenue in Glendora Champion Real Estate Company is planning to demolish a retail center in Glendora anchored by a shuttered Ralph’s...
View ArticleSubmarket Snapshot: Homes and condos in Marina del Rey in Q1 2016
A room inside Ice Cube’s house in Marina del Rey (via Splash) Jean-Claude Van Damme recently sold his Marina del Rey house for $7.3 million — to none other than rapper-cum-actor Ice Cube. It was one of...
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Current reader favorites: 1. Celebs are chopping home prices left and right 2. Japanese firm plans 436-unit residential tower in DTLA 3. Advice for developers: Don’t hold out for highest rents 4....
View ArticleSmall lot home developments planned across LA County
Rendering of Mike Chang’s Sun Valley small lots development Los Angeles is about to get a whole lot of small lots. Down in San Pedro, Mesa Properties is planning a 22-unit small lot complex. Located at...
View ArticleHere’s how much a tiny house really costs
A tiny house. Flickr / Tammy Strobel From the New York site: Ethan Waldman wanted to cut his living expenses. He already shared a two-bedroom rental house with a friend, but Waldman, 31, suspected he...
View ArticleTitle Insurance building to undergo creative office conversion
The Title Insurance building at 433 South Spring Street and Rising Realty’s president, Christopher Rising (credit: CoStar) Downtown’s Title Insurance and Trust building is getting a creative makeover....
View ArticleOwning a home isn’t all rainbows and butterflies: report
A home in Salinas, California (credit: Wikipedia Commons) Maybe it’s time to love your home less? After all, it is possible for the emotional attachment to your house to eclipse more practical matters...
View ArticleDowntown Los Angeles is in danger of becoming oversupplied: report
Steve Basham of CoStar Group and the DTLA skyline For a while, it seemed like a new luxury high-rise, complete with an obligatory infinity pool and sky-high rents, was announced in Downtown Los Angeles...
View Article“Desperate Housewives” actress sells Bel Air house for $2.7 million
A photo posted by Nicollette Sheridan (@nicollettesheridan) on Jul 10, 2015 at 10:02am PDT No, it’s not Wisteria Lane. “Desperate Housewives” actress Nicollette Sheridan recently sold her Bel Air...
View ArticleHarridge Development plans 70-unit subdivision in Valley
Land on 11600 North Eldridge Avenue and Harridge CEO David Schwartzman Los Angeles developers just can’t get enough of small lot homes. Harridge Development Group is the latest real estate firm to...
View ArticleSports Authority sets date to auction stores
Sports Authority From the South Florida website: Sports Authority, which has about a dozen stores in Los Angeles, has set a June 29 date to auction off leases to 320 of its stores nationwide, including...
View ArticleSubmarket Snapshot: Condos in Playa Vista in Q1 2016
One of the properties in Brookfield’s recently-opened Marlowe development in Playa Vista (credit: Eric Figge) In Playa Vista, 26 condos sold in the first quarter for more than $500,000, up from 18 in...
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Current reader favorites: 1. Advice for LA developers: Don’t hold out for highest rents 2. Champion plans $30M shopping center development 3. Young workers are making cities more expensive 4. Realty...
View ArticleEverWest buys Pasadena office building for $67M
Rick Stone, the CEO of EverWest, and the property it acquired at 465 North Halstead Street in Pasadena DivcoWest Real Estate Investments and Edgewood Realty Partners sold a Northeast Pasadena office...
View ArticleCushman & Wakefield poaches Henry Johnson and Mike Scimo from CBRE
Cushman & Wakefield is on somewhat of a poaching spree as the broker shakeup in Los Angeles continues. In the latest round, rainmakers Henry Johnson and Mike Scimo have left CBRE to join Cushman...
View ArticleRobbie Williams is selling his estate for $11M
A photo posted by Robbie Williams (@robbiewilliams) on Jun 1, 2016 at 2:54am PDT British pop star Robbie Williams is selling his Beverly Hills abode for $11 million. The hilltop property in the...
View ArticleFormer MGM COO sells Beverly Hills manor for $16M
Chris McGurk and his Beverly Hills mansion at 807 North Crescent Drive Hollywood bigwig Chris McGurk has sold his Beverly Hills mansion for $16 million. The former COO of MGM and current CEO of digital...
View ArticleKian Investment plans 69-unit complex in Koreatown
926 South Kingsley Drive (via Google Earth) More apartments may be coming to Koreatown. Kian Investment, an LLC registered to a trust established by Benhoor Elyashar and possibly associated with U.S....
View ArticleE-commerce fuels industrial REIT growth
A Walmart.com fulfillment center (Wal-Mart) Online shopping addiction seems to have an upside for industrial real estate investment trusts. Thanks to the rapid growth of e-commerce, industrial REITs...
View ArticleFederal bill would protect 193,000 acres around Santa Monica Mountains
Santa Monica Mountains, Sen. Barbara Boxer and Rep. Adam Schiff (credit: NatureBridge.org) The amount of protected land in the valleys between the Santa Susana Mountains, Santa Monica Mountains and San...
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