Sale of Oceanwide Plaza in DTLA Clears Hurdle with Bankruptcy Court Approval

Sale of Oceanwide Plaza in DTLA Clears Hurdle with Bankruptcy Court Approval

Los Angeles Mayor Karen Bass said Tuesday that graffiti removal and blight abatement will now begin following a confirmation hearing earlier Tuesday for the sale of Oceanwide Plaza. The hearing followed Monday’s... Read more »
Is Your Mindset the Barrier? How ‘Money Dysmorphia’ Could Be a Real Hurdle for First-Time Buyers

Is Your Mindset the Barrier? How ‘Money Dysmorphia’ Could Be a Real Hurdle for First-Time Buyers

There’s no question that young, prospective homebuyers have had an uphill battle to climb toward the American dream in recent years.  But is there something else standing in their way besides the... Read more »
-billion mega-development in Skid Row clears major hurdle with L.A. officials

$2-billion mega-development in Skid Row clears major hurdle with L.A. officials

A proposed mega-development in downtown Los Angeles, which would replace a cold storage facility with a $2-billion residential and commercial complex, cleared a major hurdle last week when the city Planning Commission... Read more »
California Affordable Housing Faces Refinancing Hurdle

California Affordable Housing Faces Refinancing Hurdle

California is entering an affordable housing refinancing crunch, with Yardi Matrix reporting that roughly $860 million in commercial mortgages on fully affordable properties will mature in 2026.  That figure rises sharply to... Read more »
B DFW Project Clears First Hurdle

$2B DFW Project Clears First Hurdle

The Forth Worth Zoning Commission has approved plans for a $2 billion project called River Central. Developers plan to develop more than 140 acres in far east Fort Worth and Grand Prairie.... Read more »
Universal City hotel expansion project clears city’s first hurdle

Universal City hotel expansion project clears city’s first hurdle

Construction of a new high-rise addition to the Hilton hotel in Universal City was approved by the Los Angeles Planning Commission, clearing a major hurdle for the long-planned expansion. The decision comes... Read more »