Downtown L.A. fixture PwC will move to Century City

Downtown L.A. fixture PwC will move to Century City

In another blow to the struggling downtown office rental market, longtime stalwart corporate tenant PricewaterhouseCoopers has agreed to move its Los Angeles offices to Century City. London-based PwC is one of the... Read more »
City approves mega development that will alter downtown L.A. skyline

City approves mega development that will alter downtown L.A. skyline

A massive real estate development that would include more than 1,500 residences, dramatically transform three city blocks and alter the downtown Los Angeles skyline was approved Tuesday by the City Council. The... Read more »
Los Angeles Approves Downtown Housing, Retail Complex

Los Angeles Approves Downtown Housing, Retail Complex

The Los Angeles City Council gave the greenlight to a long-languishing effort to remake an industrial pocket on the eastern edge of downtown Los Angeles.  The City Council approved the $2 billion... Read more »
Downtown L.A. World Trade Center to become affordable apartments

Downtown L.A. World Trade Center to become affordable apartments

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 »
Receiver Requested on Metropolitan Building in Downtown LA

Receiver Requested on Metropolitan Building in Downtown LA

The Fallas family’s Metropolitan building in Downtown Los Angeles’ Historic Core moved a step closer to receivership and foreclosure. A special servicer for the lender and commercial mortgage-backed securities holders requested a... Read more »
601W Buys Brookfield’s Downtown Los Angeles Offices

601W Buys Brookfield’s Downtown Los Angeles Offices

601W Companies has completed its acquisition of one of Brookfield’s distressed office towers in Downtown Los Angeles.  The New York-based firm purchased the 55-story Class A office building at 333 South Grand... Read more »
Mayor Bass: Adaptive Reuse Key to Revitalizing Downtown LA

Mayor Bass: Adaptive Reuse Key to Revitalizing Downtown LA

Along with crime and homelessness, the challenge of affordability—both in rents and in development—was a key issue for Los Angeles when Mayor Karen Bass was running for election three-and-a-half ago. “Everybody told me when I was running that... Read more »
Oscar De La Hoya’s Downtown Office Loan Sells

Oscar De La Hoya’s Downtown Office Loan Sells

The non-performing note on ex-boxer Oscar De La Hoya’s Downtown Los Angeles office tower sold. The buyer is Farzad Essapour, according to an assignment of deed of trust dated early May.  The... Read more »
Multiverse Cantina Scum & Villainy Coming to Downtown Burbank

Multiverse Cantina Scum & Villainy Coming to Downtown Burbank

Downtown Burbank will soon be home to an expanded Scum & Villainy Rendezvous Cantina. The new 5,300-square-foot space will be the second location for the popular immersive, multiverse fan experience bar and... Read more »
University Acquires Downtown Pomona’s Armstrong Building

University Acquires Downtown Pomona’s Armstrong Building

Progressive Real Estate Partners recently closed the $2.98-million sale of The Armstong Building, an iconic, 27,980-square-foot mixed-use building located at 150 -196 E. Third St. and 345 S. Locust St. in Pomona,... Read more »