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Private boarding school approved for Gensler-designed student housing complex...
A rednering of the project and EF CEO Edward Hult (Credit: The City of Pasadena) School’s out for summer and work can get started on more than 200 units of housing for a new private boarding school in...
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As LA County cities expand rent control, Anaheim is pushing back
Anaheim and City Council member Jose Moreno In Los Angeles County, a growing number of cities have passed temporary rent control measures after a statewide referendum to overhaul the rent law failed....
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A wave of venture capital is pouring into construction tech sector
An office built in a shipping container Investment in the sector totaled $6.1 billion last year, nearly double what was invested in 2017 and a 1,632 percent increase from the $352.1 million invested in...
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Airbnb conversion: Hollywood Hills property owner seeks apartment-hotel hybrid
2000 North Highland Avenue (Credit: Google Maps) A Hollywood Hills apartment building owner wants to convert the property to short-term rentals, a move that comes as Los Angeles’ new law restricting...
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This massive New Jersey retail development finally has an opening date
Rendering of the American Dream project in the Meadowlands After shuffling through developers and dealing with years of delays, American Dream is almost a reality. Triple Five Group has announced that...
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With Spelling Manor now sold, here are LA’s most expensive home listings
There are only a handful of homes in Los Angeles County with nine-figure price tags. In theory, a seller can set any price on a property — see the original $1 billion ask on Mountain of Beverly Hills...
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Facebook allows landlords to violate the law: Cuomo
Facebook CEO Mark Zuckerberg and New York Governor Andrew Cuomo (Credit: Getty Images) Facebook’s reputation is taking another hit: this time, it’s for continued claims of alleged fair housing...
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OneLegacy organ donation nonprofit buys new HQ in Azusa
1303 Optical Drive with OneLegacy CEO Tom Mone One of the largest organ, eye and tissue donation nonprofits in the world has acquired an office building in the Valley that will serve as its new...
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Trump Org sells off Beverly Hills home
Donald Trump and the home at 809 N. Canon Drive. (Credit: Getty Images, and Google Maps) UPDATED, June 12, 1:06 p.m.:The Trump Organization has sold one of its last remaining properties in Los Angeles,...
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Luxury home developer Robert Shapiro arrested on federal charges over $1.3B...
Robert Shapiro A former luxury real estate developer in Los Angeles was arrested on federal charges, accused of deceiving thousands of investors in a Ponzi scheme worth $1.3 billion. The charges...
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It ain’t easy being green: MedMen cannabis startup in financial straits,...
Medmen execs Adam Bierman, Andrew Modlin, and MedMen’s DTLA location As it opened up dispensaries across the country, MedMen has been the poster child for the fast-growing mainstream cannabis industry....
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From billion to bankrupt: Owner of The Mountain of Beverly Hills files...
Victorino Noval and the Mountain of Beverly Hills (Credit: Getty Images and Redfin) UPDATED, May 31, 9:30 a.m.: The owner of The Mountain of Beverly Hills mega-listing has filed for bankruptcy...
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Salary Survey: What top real estate CEOs earn
It’s a case of the haves and have-way-mores when it comes to the earnings collected by the leaders of Los Angeles’ most influential public firms in commercial and residential real estate. As both...
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Meet Jeff Bezos’ new neighbors in Manhattan
212 Fifth Avenue Developer Robert Gladstone’s luxury condo 212 Fifth Avenue got a major boost last month when Amazon CEO Jeff Bezos closed on an $80 million deal for three units in the building. The...
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Massive NorCal property spanning 50k acres hits market
The landscape surrounding N3 Cattle Ranch Company’s main home A massive ranch property in Northern California has hit the market for $74 million, making the the Mountain of Beverly Hills’ 157 acres...
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The worst stocks you can buy? Retail. And for many, it isn’t getting better.
A Nordstrom store (Credit: Getty Images) The first half of 2019 was gruesome for traditional retailers. And if the first few days of July are any indication, the second half of 2019 won’t be any...
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In Beverly Hills, $30M bought David Geffen 1 acre — and a mansion blueprint
David Geffen and the view from his new Beverly Hills development property Another mega mansion may in the works now that entertainment mogul David Geffen has purchased one of the last buildable lots in...
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Rent battle rages: Legislators reintroduce tenant eviction protection measure
From left: Assemblyman David Chiu, Assemblyman Rob Bonta, and Assemblyman Tim Grayson In the continuing battle over statewide tenant protections, legislators have added “just cause” evictions to an...
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Head of Deutsche’s I-banking arm to step down
Garth Ritchie (Credit: Getty Images) The head of Deutsche Bank’s investment-banking arm is stepping down in what appears to be the beginning of a major shakeup at the embattled German bank. Deutsche...
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Here are the priciest home listings in LA County this week
Clockwise from top left: 522 21st Place, 405 S. Sierra Bonita Avenue, 211 Elm and 31042 Broad Beach Road The top five homes listed this week in Los Angeles County combined for close to $38 million, a...
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