As election season draws to a close, Los Angeles is stuck in a housing market where no one seems to be winning. Developers aren’t building new apartments. Many tenants can’t afford rent,... Read more »
The Bloc, a massive mixed-use complex in the heart of downtown Los Angeles, is on the block for sale as the commercial property market shows signs it is bottoming out with buildings... Read more »
Casa Encantada — a 40,000-square-foot Bel-Air mega-mansion considered one of L.A.’s most iconic estates — has a new owner: Peter Thiel. The billionaire venture capitalist and PayPal co-founder quietly bought the property... Read more »
Los Angeles is set to go on an affordable housing spending spree. On Tuesday, the City Council unanimously approved $466.6 million in funding that will be doled out to developers, nonprofits, land... Read more »
Computer chip and software developer Broadcom purchased the Irvine office compound it rented in the latest example of a well-funded company taking advantage of depressed real estate prices to switch from renter... Read more »
Los Angeles renters are looking for a way out, while few outsiders are looking for a way in. According to a recent Zillow report, L.A. residents are the most likely to be... Read more »
Some Los Angeles-area renters may feel a secret shame of not owning their homes, but maybe they should be bragging. Right now, renting is a much better deal. People in the Los... Read more »
A $2-billion high-rise affordable housing complex is set to change the skyline of Warner Center and set a new precedent for assisted senior living in Los Angeles. Senior housing provider Wellpointe unveiled... Read more »
The Port of Long Beach has continued to plant roots downtown with the acquisition of an office tower. The port spent $36 million to buy the property at 100 Oceangate, a 13-story... Read more »
Ad agency Innocean USA, which creates advertising for Hyundai and others, has agreed to move its U.S. headquarters to El Segundo in one of the largest leases of the year in the... Read more »