A lesson on California housing from the billionaires planning a new city

A lesson on California housing from the billionaires planning a new city

A cadre of Silicon Valley elites is drawing fierce criticism from local residents and environmentalists for planning a new city on the outskirts of the Bay Area, a project dubbed “California Forever.”... Read more »
California Names Santa Monica a “Prohousing” City

California Names Santa Monica a “Prohousing” City

Santa Monica, subject of more than a dozen builder’s remedy housing applications, has won recognition as a “prohousing” city by the state. Gov. Gavin Newsom announced the beach city earned the designation... Read more »
Office Vacancy Ticks Up in tony Century City

Office Vacancy Ticks Up in tony Century City

Century City has stood out as an exception in L.A.’s struggling office market.  But the upscale district that recently drew such tenants as Sidley Austin and Creative Artists Agency saw its office... Read more »
West Harbor Completes Deal for City of Industry Distribution Property

West Harbor Completes Deal for City of Industry Distribution Property

West Harbor Capital, a real estate investment firm focused exclusively on infill industrial properties, closed the $16.5-million acquisition of a 69,498-square-foot multi-tenant distribution facility located at 14313-14351 E Bonelli St. in the City of... Read more »
Former LA City Councilman José Huizar Gets 13 Years in Prison Over Developer Bribes

Former LA City Councilman José Huizar Gets 13 Years in Prison Over Developer Bribes

José Huizar, who represented Los Angeles’ 14th District in the City Council for over 19 years, has been sentenced to 13 years in prison for accepting bribes from real estate developers.  It’s... Read more »
Industrial Projects Surge in Irvine, OC’s Fast-Growth City

Industrial Projects Surge in Irvine, OC’s Fast-Growth City

Irvine, the fastest-growing city in Orange County, is seeing a rebound of industrial projects after decades of limited development. Nearly 2 million square feet of large industrial projects are either under construction... Read more »
California commission suit alleges collusion in the City of Angels

California commission suit alleges collusion in the City of Angels

Lights, camera, lawsuit! A copycat commission lawsuit has been filed in Los Angeles. The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate... Read more »
Keller Williams Affiliate Sued for Back Rent in Studio City

Keller Williams Affiliate Sued for Back Rent in Studio City

Commercial real estate company Transwestern has sued Forward Studio City, a brokerage affiliated with Keller Williams Realty, for about $95,000 in unpaid rent. Transwestern filed an unlawful detainer suit Dec. 28 in... Read more »
California commission suit alleges collusion in the City of Angels

New (and unusual) commission lawsuit alleges collusion in Sin City

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. The suit was filed on Monday in U.S. District Court... Read more »
West Harbor Completes Deal for City of Industry Distribution Property

CBRE Unveils New Century City Offices

CBRE has opened its new 21,485-square-foot, technology-enabled office on the eighth floor of 2000 Ave. of the Stars at the Century Park complex in Century City. Designed by the CBRE Design Collective, the new office... Read more »