Joint venture partners Hankey Investment Company and Barker Pacific Group (BPG) have acquired Sunset Media Center, a 22-story Class A creative office tower on Hollywood’s Media Row, from Kilroy Realty for $61 million. Built... Read more »
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 »
“Owning Manhattan” star Emilia Bechrakis Serhant is ready to own the spotlight in real estate—and silence any critics who continue to cast her in husband Ryan Serhant’s shadow. The 40-year-old newly licensed... Read more »
The U.S. housing market is showing clear signs of strain, with foreclosure filings increasing year-over-year for the ninth consecutive month, signaling a troubling shift for many homeowners and a potential inflection point... Read more »
The AIDS Healthcare Foundation has offered a top bid of $53 million to buy a portfolio of a dozen residential buildings on Skid Row. The Hollywood-based nonprofit, the world’s largest charity for... Read more »
Los Angeles is hemorrhaging millions of dollars to bail out the Skid Row Housing Trust — and may spend another $70 million to redevelop its oldest and most troubled buildings. The city... Read more »