Los Angeles County officials are said to have scheduled an auction for a 27.4-acre site atop the Calabasas hills. However, the owner of the site is refusing to budge, occupying the property... Read more »
Wanted: Builder to redevelop a 17-acre parking lot and slice of Long Beach Airport for aeronautical use. The City of Long Beach has issued a request for proposals to develop the lot... Read more »
A joint venture of Farpoint Development and MCZ Development is under contract to pay a little more than $20 million for a retail and medical office building. The move to swoop in... Read more »
Solar farm developer Clinton Brown has allegedly defaulted on a loan at a Calabasas site where he wants to build a 200-home subdivision, The Real Deal has learned. The property, at 27250... Read more »
Jack Nourafshan, CEO of Los Angeles-based Reliable Properties, is the buyer that took home a $36 million mansion in Beverly Hills from the daughter of a former Uzbekistan president, The Real Deal... Read more »
Last year, Ilan Kenig needed a $100 million credit line. His multifamily development company, FMB Development, was bleeding cash and needed money to get multiple projects off the ground. Kenig looked to... Read more »
Panku, a real estate development firm run by Alex Wang, has refinanced an apartment complex in Irvine — the first project the company completed. Western & Southern Life Assurance provided a five-year,... Read more »
China Evergrande, once the titan of China’s real estate industry, has come crashing down, its meteoric rise followed by a dramatic and complex collapse. This event has sent shockwaves through the Chinese... Read more »
In a flip of the trend, a Florida man has bought a California house. South Florida spec developer Todd Glaser bought a waterfront Newport Beach house for $9 million, he confirmed to... Read more »
Neil Shekhter once held some of the most coveted land in the U.S. He had apartments in Santa Monica and Beverly Grove, where one-bedroom units now average nearly $4,000 a month. And... Read more »