L.A.’s surging real estate prices have cooled, so why is nobody buying condos?

L.A.’s surging real estate prices have cooled, so why is nobody buying condos?

Even as the relentless rise in Los Angeles housing costs seems to have paused, condominium sales slowed to a trickle this year. The number of condo units sold in the first two... Read more »
San Diego MOB Set for Conversion to Office/Medical Condos

San Diego MOB Set for Conversion to Office/Medical Condos

Compass Capital Investments has acquired RB Medical Plaza, a two-building, 75,598-square-foot office and medical asset located in San Diego. The property was acquired for $18,250,000, or $241 per square foot. The new... Read more »
Newport Beach Approves Market-Rate Condos Near Airport

Newport Beach Approves Market-Rate Condos Near Airport

Newport Beach officials gave the green light to a condominium development near John Wayne International Airport.  The Newport Beach Planning Commission approved the development of 100 market-rate condos, known as The Residences... Read more »
Related California Gets Planner Approval for Newport Condos

Related California Gets Planner Approval for Newport Condos

A theater with more than a half-century of history in Newport Center could soon become rubble.  The Newport Beach Planning Commission approved a plan for a development from Related California that would... Read more »
Miami ‘House of Wellness’ Condos Go on Sale—Starting at 0K

Miami ‘House of Wellness’ Condos Go on Sale—Starting at $400K

A new luxury condominium development in South Florida is bringing zen to busy lifestyles—with the House of Wellness-branded condos officially launching sales in Miami. The new wellness-integrated residential brand is designed to... Read more »
A new law allows homeowner to sell ADUs like condos

A new law allows homeowner to sell ADUs like condos

Accessory dwelling units, also referred to as ADUs and “granny flats,” have been available in California only as rentals. But a new law, Assembly Bill 1033, is giving Californians the opportunity to... Read more »
Crescent Heights to Turn LA Offices into Commercial Condos

Crescent Heights to Turn LA Offices into Commercial Condos

Crescent Heights aims to convert a medical office building into commercial condominiums, according to an application filed with the Los Angeles City Planning Department on Jan. 9. The Miami-based developer has plans... Read more »
Tomer Fridman, Sally Forster Jones to Sell Westwood condos

Tomer Fridman, Sally Forster Jones to Sell Westwood condos

UPDATED DEC. 12 at 10 a.m.: The task of selling new condos at Beverly West in Westwood have passed to top agents Tomer Fridman and Sally Forster Jones of Compass, who will... Read more »