A proposed Long Beach parcel tax that promised a new funding stream for affordable housing, infrastructure and public safety won’t make the November ballot after supporters failed to gather enough valid signatures.... Read more »
Wellpointe Inc. unveiled plans for Viva L.A. at Warner Center, a four-phase, 100% affordable senior housing community at 6400 Canoga Ave. in Warner Center’s downtown district. The development represents a total estimated investment... Read more »
Local governments in Southern California made several moves carrying implications for real estate investors over the past week. In Los Angeles County, the Board of Supervisors is drafting the Community Opportunity to... Read more »
Eagle Real Estate Partners and Vistria Group joined forces to acquire a workforce housing community in Orange County. The multifamily investment firms purchased the 402-unit Crystal View Apartments at 12091 Bayport Street... Read more »
A low-slung commercial building on the Culver City border is poised to be replaced by a mixed-use affordable housing complex. A DCM Rentals affiliate filed an application with the Los Angeles Department... Read more »
Habitat for Humanity of Greater Los Angeles is eyeing a vacant lot in South Gate for redevelopment into affordable, for sale-housing. The empty property at 9019 Long Beach Boulevard is poised for... Read more »
Jamison and Kennedy Wilson’s plans for the affordable housing conversion of the former World Trade Center complex in downtown Los Angeles are coming into focus. On Monday, the locally based firms unveiled... Read more »
Kennedy Wilson and Jamison said Tuesday they had formed a strategic partnership with plans to deliver 4,000 affordable housing units across Los Angeles through adaptive reuse and ground-up construction. The partnership is... Read more »