Local governments in Southern California made several moves carrying implications for real estate investors over the past week. In Los Angeles County, the Board of Supervisors is drafting the Community Opportunity to... Read more »
A local developer wants to squeeze 20 homes and granny flats into a vacant lot in Reseda. Leo Polosadjian filed plans to subdivide the two-thirds-acre rectangular property into five lots to build... Read more »
A signature homelessness initiative championed by Mayor Karen Bass is facing mounting scrutiny after hundreds of taxpayer-funded apartments meant for homeless residents sat empty while public agencies continued paying rent. At the... Read more »
In a normal market, an empty home is a wasting asset: Equity sits trapped, no rent comes in, and the owner keeps paying property taxes, insurance, maintenance, utilities, and fees. But the... Read more »
Avatar Financial Group LLC has provided a $16.1-million bridge loan secured by The Yukon, a three-building industrial campus totaling 52,074 square feet and located at 13100-13130 Yukon Ave. in Hawthorne. The two-year loan... Read more »
To see our latest updates on the Nancy Guthrie case, please click here. FBI agents who are investigating Nancy Guthrie‘s disappearance are reportedly looking into a vacant property in her Arizona neighborhood—as the... Read more »
As much of downtown L.A. continues to feel dark and deserted, local businesses want the city to steal San Francisco’s secret for firing up foot traffic. The tech mecca has slowly begun... Read more »
Matthews Real Estate Investment Services represented the seller in the $10,695,000 disposition of 14011 S. Normandie Ave., a vacant industrial property located in Gardena. The sale set a record for size and... Read more »
In Southern California, roughly one out of five offices sits empty. Office buildings across the five-county region last month notched a 20.4 percent vacancy rate, the Orange County Register reported, citing year-end... Read more »
Window to the Law: Avoiding Vacant Land Scams – Transcript Hi, my name is Charlie Lee and I’m Senior Counsel and Director of Legal Affairs for NAR. Vacant land scams have... Read more »