A real estate developer in Miami was sentenced to more than 11 years in federal prison after defrauding investors out of approximately $89 million. Rishi Kapoor, 41, used investor money to fund... Read more »
A large-scale housing development has been approved on the former site of a state hospital campus in Costa Mesa. The City Council last week approved a plan for 2,300 residences on the... Read more »
The Trump Administration is aiming to cede a quarter-mile strip of Yosemite National Park to a developer, NOTUS reports. The proposed deal would involve a developer who owns land adjacent to the... Read more »
In 2017, Hollywood’s Sunset Square was named a Historic Preservation Overlay Zone, solidifying its place in L.A.’s architectural history. Four years later, Lady Gaga’s dog walker was shot in the chest outside... Read more »
Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135 units. They included the Cedars, an 83-unit property that sold for $21.45... Read more »
The developer behind a Valley Village condo complex bought back the property in a deal that underscores continued demand for flexible multifamily assets in the San Fernando Valley. Marcus & Millichap’s Rabbie... Read more »
A developer is downsizing its proposed multifamily development in Glendale more than two years after the plans first surfaced. A new application filed with the City of Glendale outlines new plans from... Read more »
An aging downtown office complex will be converted into apartments as part of an ambitious plan by local real estate companies to create 4,000 affordable housing units in Los Angeles. The first... Read more »