As we head into the fourth quarter, something predictable happens in real estate. Agents begin to coast. Some have already hit their goals and decide to take their foot off the gas.... 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 »
Federal Reserve policymakers believe another increase to the benchmark interest rate will likely be necessary by the end of the year, according to newly released meeting minutes. At the September meeting of... Read more »
A pet project of architect Frank Gehry, a smaller concert hall to complement his legendary Walt Disney Concert Hall, is taking shape in downtown Los Angeles for an opening next September. Elements... 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 »
Refinance activity just took another step down: applications fell about 9% week over week and remain roughly 65% lower than a year ago while 30-year mortgage rates sit near 7%. If you... Read more »
Taco Bell is moving to a new home in Irvine, where the growing company will have more space to develop its signature Mexican-style menu. It will move into a 251,000-square-foot campus at... 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 »