USC has mounted a Trojan defense against an approved five-story building it says would block the sign for the 100-year-old Memorial Coliseum. The university has appealed the City of Los Angeles’ OK... Read more »
Progressive Real Estate Partners brokers Chris Lindholm and Paul Galmarini closed the sale of a 1.73-acre parcel of vacant land for $3,000,000 in an all-cash transaction. The land, which is zoned mixed-use, is located at the northwest corner... Read more »
One of Shangri-La Industries’ Project Homekey developments is headed to receivership after the firm defaulted on loans tied to the Salinas site earlier this year. A Monterey County Superior Court judge last... Read more »
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces... Read more »
In November, a developer named Max Netty filed an application to build what would be the tallest building in Beverly Hills, if completed. The 17-story tower would rise on Rodeo Drive, just... Read more »
Toll Brothers will build 70 homes in Lake Forest after a local school district scrapped plans for an elementary school. The Pennsylvania-based developer won approval from the City Council to build the... Read more »
After Los Angeles-based Shangri-La Industries defaulted on loans tied to seven Project Homekey developments across the state, one of the lenders called its lawyers. In August, contractor Johnson Electronics sued Shangri-La, asking... Read more »
Developers typically pitch mixed-use developments as compounds with residential, office and retail elements, Trojan Storage, headquartered in Redondo Beach, has proposed a self-storage compound with nine apartments. The self-storage company filed an... Read more »
Government-sponsored enterprise (GSE) Freddie Mac on Wednesday announced further enhancements to its Condo Project Advisor tool that are designed to “streamline” such loan originations and to offer lenders “greater security” through a... Read more »
Shangri-La Industries CEO Andy Meyers and 21 Conejo Boulevard in Thousand Oaks (Getty, Google Maps, Shangri-La Industries) UPDATED, Dec. 1, 2023, 9:40 p.m.: In 2020, the State of California gave Shangri-La Industries,... Read more »