CARMEL-BY-THE-SEA, Calif. — People call it “The Pit.” It’s a massive, unsightly hole in the ground — the site of a construction project in downtown Carmel-by-the-Sea whose previous owners ran out of money... Read more »
California’s beaches are public, but on the sands of Malibu, one billionaire has been accused of stealing a slice of paradise — or at least a few scoops of it — for... Read more »
NantWorks, the biotech holding company run by Los Angeles-based billionaire Patrick Soon-Shiong, has bought another El Segundo office building, boosting its portfolio of office, land and data centers in the South Bay... Read more »
Billionaire mining magnate Robert Friedland has been identified as the mystery buyer of a 2-acre bluffside estate in Carpinteria last fall for $46.9 million. The founder of Vancouver-based Ivanhoe Mines and his... Read more »
Digital business entrepreneur Katherine Power has bought a century-old mansion in Bel-Air for $27 million — or $16 million off its initial asking price. The co-founder of fashion e-commerce site Who What... Read more »