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Culver City Weighs $103 Million Purchase of Former Sony Animation Campus
Culver City, CaliforniaTrending
DealsZoning

Culver City Weighs $103 Million Purchase of Former Sony Animation Campus

The Culver City council and its Public Finance Authority approved a purchase option agreement with lender Fortress Investment Group for the vacant 198,000-square-foot Washington Boulevard complex. The city has until February 2027 to decide whether to buy and how to redevelop the site.

Read articleNews from Culver City, Los Angeles County, California
Santa Monica Unveils Draft Plan to Turn Airport Site Into Park
Santa Monica, California
PolicyZoning

Santa Monica Unveils Draft Plan to Turn Airport Site Into Park

Santa Monica has released a draft illustrative plan for the 200-acre former airport property, which is set to close at the end of 2028. The design by Sasaki pairs passive recreation on the west with sports fields on the east.

Read articleNews from Santa Monica, Los Angeles County, California
Redondo Beach Approves Four-Story Mixed-Use Project at 2701 190th Street
Redondo Beach, California
PolicyZoning

Redondo Beach Approves Four-Story Mixed-Use Project at 2701 190th Street

The city approved a 24-apartment building with ground-floor commercial space on an existing commercial site. The project uses AB 2011 to allow housing on a commercially zoned parcel.

Read articleNews from Redondo Beach, Los Angeles County, California
Five-Story Affordable Housing Project Underway at 12461 W. Louise Avenue in Del Rey
Los Angeles, California
Markets

Five-Story Affordable Housing Project Underway at 12461 W. Louise Avenue in Del Rey

MDNI is building a five-story, 60-unit affordable apartment complex with no on-site parking near Centinela Avenue. The project is estimated to take 18 months to build, followed by a four-month lease-up.

Read articleNews from Los Angeles, Los Angeles County, California
Metro Begins Construction on 6.7-Mile East San Fernando Valley Light Rail Line
Van Nuys, California
InfrastructureZoning

Metro Begins Construction on 6.7-Mile East San Fernando Valley Light Rail Line

Metro has started work on a 6.7-mile light rail line in the median of Van Nuys Boulevard, with 11 stops and completion of the first segment expected in 2032.

Read articleNews from Van Nuys, Los Angeles County, California
LA Family Housing Opens 90-Unit Supportive Housing Project in Valley
Panorama City, California
PolicyZoning

LA Family Housing Opens 90-Unit Supportive Housing Project in Valley

The Pano, a former motel converted into supportive housing at 8209 N. Sepulveda Boulevard, has been completed by LA Family Housing and LAFHBUILDS. The roughly $57-million project adds 90 units total.

Read articleNews from Panorama City, Los Angeles County, California
Noya Eucalyptus plans 75 apartments in Inglewood
Inglewood, California
PolicyZoning

Noya Eucalyptus plans 75 apartments in Inglewood

Focal Investment's Noya Eucalyptus would replace a 12-unit building with a four-story, 75-unit project using density bonus incentives.

Read articleNews from Inglewood, Los Angeles County, California
Burbank Selects Clark Construction and SOM for Central Library and Plaza
Burbank, California
DealsInfrastructure

Burbank Selects Clark Construction and SOM for Central Library and Plaza

The Burbank City Council approved a design-build team for a new Central Library and civic plaza at 301 E. Olive Avenue. Construction is projected to begin in summer 2027.

Read articleNews from Burbank, Los Angeles County, California
Studio City Showrunner Upgrades Stucco ADU With Cedar Shingles
Studio City, California
MarketsZoning

Studio City Showrunner Upgrades Stucco ADU With Cedar Shingles

An executive producer replaced the stucco exterior of her 700-square-foot backyard ADU with cedar shingle panels for about $9,000. The modest update turned the guesthouse into a flexible space for family, work and rentals.

Read articleNews from Studio City, Los Angeles County, California
Malibu Residents Face Coastal Erosion and Sinkhole Damage, Prompting Emergency Declaration
Malibu, CaliforniaTrending
EnvironmentPolicy

Malibu Residents Face Coastal Erosion and Sinkhole Damage, Prompting Emergency Declaration

A 25-foot-deep sinkhole on Malibu's Sea Level Drive has caused significant property damage, leading to red-tagged homes and evacuation orders. The city has declared a state of emergency as property owners, including actor Nicolas Cage, secure permits for urgent repairs amidst fears of further El Niño impacts.

Read articleNews from Malibu, Los Angeles County, California
AGC California and Major Contractors Launch Subcontractor Mentorship Program in Los Angeles
Los Angeles, California
CompaniesPolicy

AGC California and Major Contractors Launch Subcontractor Mentorship Program in Los Angeles

The Associated General Contractors of California has partnered with six prominent construction firms to establish the Prime Pipeline Alliance, an eight-month mentorship initiative. This program aims to foster the growth of 12 small, local, and diverse subcontractors within the Los Angeles construction market.

Read articleNews from Los Angeles, Los Angeles County, California
New Renderings Detail 110-Unit Workforce Housing Project in Pasadena
Pasadena, California
PolicyZoning

New Renderings Detail 110-Unit Workforce Housing Project in Pasadena

Education Housing Partners and SVA Architects have released updated renderings for a 110-unit workforce housing complex at 315 N. Pasadena Avenue. This development aims to provide affordable apartments and townhomes for Pasadena Unified School District staff, with construction anticipated to begin in late 2027.

Read articleNews from Pasadena, Los Angeles County, California
New Five-Story Apartment Building Proposed for Hollywood's Sweetzer Avenue
Los Angeles, California
MarketsPolicy

New Five-Story Apartment Building Proposed for Hollywood’s Sweetzer Avenue

A recent application to the Los Angeles Department of City Planning details plans for a 32-unit residential complex at 806 N. Sweetzer Avenue, replacing existing rental units with a larger development that includes affordable housing.

Read articleNews from Los Angeles, Los Angeles County, California
PNC Bank Leases Office Space at City National Bank Plaza in Downtown Los Angeles
Los Angeles, California
CompaniesDeals

PNC Bank Leases Office Space at City National Bank Plaza in Downtown Los Angeles

PNC Bank has secured a new office lease at 515 S. Flower St. in downtown Los Angeles, marking its fourth location in the region. This strategic expansion aims to contribute to the revitalization of the downtown business core amidst fluctuating office vacancy rates.

Read articleNews from Los Angeles, Los Angeles County, California
Venice Site to be Subdivided for Seven New Homes Using SB 1123 Provisions
Los Angeles, California
MarketsPolicy

Venice Site to be Subdivided for Seven New Homes Using SB 1123 Provisions

Mosaic Development plans to construct seven three-story townhomes on a single-family lot in Venice, leveraging California's SB 1123 for streamlined approval. The project near Penmar Park will offer a mix of two- and three-bedroom units.

Read articleNews from Los Angeles, Los Angeles County, California
Cypress Equity Investments Completes 176-Unit OnSunset Apartments in Echo Park
Los Angeles, California
MarketsPolicy

Cypress Equity Investments Completes 176-Unit OnSunset Apartments in Echo Park

Cypress Equity Investments has finished construction on the OnSunset Apartments, a seven-story, 176-unit multifamily complex in Los Angeles's Echo Park neighborhood. The project utilized Transit Oriented Communities incentives to allow for a larger development, including 18 units designated for extremely low-income households.

Read articleNews from Los Angeles, Los Angeles County, California
Jordan Downs Redevelopment Delivers 75 New Homes and Begins New Park Construction
Los Angeles, California
PolicyZoning

Jordan Downs Redevelopment Delivers 75 New Homes and Begins New Park Construction

The fifth phase of the Jordan Downs redevelopment in Watts, named Mariposa, has delivered 75 new mixed-income homes, while construction has also commenced on a new Children's Park, further advancing the large-scale community revitalization project.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Mayoral Candidates Debate Housing Affordability Strategies and Measure ULA Reforms
Los Angeles, California
PolicyRegulation

Los Angeles Mayoral Candidates Debate Housing Affordability Strategies and Measure ULA Reforms

Los Angeles mayoral candidates Karen Bass and Nithya Raman present distinct approaches to tackle the city's housing crisis, focusing on development incentives versus tenant protections, while both acknowledge the need to reform Measure ULA.

Read articleNews from Los Angeles, Los Angeles County, California
Lincoln Property Co. and McCourt Partners Secure $132.7 Million Construction Loan for Culver City Multifamily Project
Culver City, California
DealsMarkets

Lincoln Property Co. and McCourt Partners Secure $132.7 Million Construction Loan for Culver City Multifamily Project

Developers Lincoln Property Co. and McCourt Partners have obtained a significant construction loan from Bank OZK for their upcoming ElevenOneEleven multifamily project in Culver City, set to break ground in late 2026. This six-story development will introduce 344 new residences, including 52 affordable units, alongside retail space.

Read articleNews from Culver City, Los Angeles County, California
Developers Secure $133 Million Financing for 344-Unit Mixed-Use Project in Culver City
Culver City, California
DealsMarkets

Developers Secure $133 Million Financing for 344-Unit Mixed-Use Project in Culver City

Lincoln Property Company and McCourt Partners have obtained construction financing for ElevenOneEleven, a six-story development at 11111 Jefferson Boulevard that will include 52 affordable homes.

Read articleNews from Culver City, Los Angeles County, California
Los Angeles Southwest Valley Community Plans Release Draft EIR, Proposing Significant Zoning Updates
Los Angeles, California
PolicyRegulation

Los Angeles Southwest Valley Community Plans Release Draft EIR, Proposing Significant Zoning Updates

After seven years, the Southwest Valley Community Plans in Los Angeles have reached a key milestone with the release of their draft environmental impact report, outlining new zoning to accommodate substantial population and housing growth by 2035. The updated plans aim to facilitate higher-density development along major corridors and introduce "missing middle" housing options.

Read articleNews from Los Angeles, Los Angeles County, California
Jamison Services Converts Koreatown Hotel Project to 114 Affordable Apartments
Los Angeles, California
MarketsPolicy

Jamison Services Converts Koreatown Hotel Project to 114 Affordable Apartments

Developer Jamison Services has shifted plans for a Koreatown site, proposing a seven-story, 114-unit affordable apartment complex instead of a previously stalled hotel development. The project will utilize city housing incentives and offer units for low- and moderate-income renters.

Read articleNews from Los Angeles, Los Angeles County, California
Ross Stores Leases 115,000 SF for West Coast Merchandising Hub at Row DTLA
Los Angeles, California
DealsMarkets

Ross Stores Leases 115,000 SF for West Coast Merchandising Hub at Row DTLA

Discount retailer Ross Stores has committed to a substantial 115,000-square-foot lease at Row DTLA, relocating its West Coast merchandising operations within Downtown Los Angeles. This move represents one of the largest recent office transactions in the area, supporting the company's expansion and vendor collaboration efforts.

Read articleNews from Los Angeles, Los Angeles County, California
Bank OZK Provides $132.7 Million Construction Loan for Culver City Mixed-Use Development
Culver City, California
CompaniesDeals

Bank OZK Provides $132.7 Million Construction Loan for Culver City Mixed-Use Development

A joint venture between Lincoln Property Company and McCourt Partners has secured significant construction financing from Bank OZK for ElevenOneEleven, a new mixed-use project in Culver City. This development will introduce 344 residential units, including affordable housing, alongside retail space to the Los Angeles market.

Read articleNews from Culver City, Los Angeles County, California
First Affordable Housing Building Nears Completion in San Pedro Redevelopment
Los Angeles, California
PolicyZoning

First Affordable Housing Building Nears Completion in San Pedro Redevelopment

A 47-unit affordable apartment building, part of the extensive Rancho San Pedro public housing redevelopment, is nearing its finish line in Los Angeles. This initial four-story structure provides replacement housing for existing residents as the larger 20-year project progresses.

Read articleNews from Los Angeles, Los Angeles County, California
Wiseman Residential Completes 50-Unit Mixed-Use Project in Venice Utilizing TOC Incentives
Los Angeles, California
MarketsPolicy

Wiseman Residential Completes 50-Unit Mixed-Use Project in Venice Utilizing TOC Incentives

The Marlowe, a five-story development featuring 50 apartments and ground-floor commercial space, has finished construction at 1808-1816 S. Lincoln Boulevard, with five units designated as affordable housing.

Read articleNews from Los Angeles, Los Angeles County, California
Cohen Brothers Realty Secures 76,100 SF in Leases at West Hollywood's Pacific Design Center
West Hollywood, California
DealsMarkets

Cohen Brothers Realty Secures 76,100 SF in Leases at West Hollywood’s Pacific Design Center

Cohen Brothers Realty has finalized over a dozen new leases and renewals totaling 76,100 square feet at its Pacific Design Center campus in West Hollywood, including a flagship relocation for furniture maker A. Rudin.

Read articleNews from West Hollywood, Los Angeles County, California
Anderson Family Properties Secures $550 Million Refinancing for Century City Office Campus
Los Angeles, California
DealsMarkets

Anderson Family Properties Secures $550 Million Refinancing for Century City Office Campus

Anderson Family Properties has finalized a substantial $550 million refinancing package for its 940,000-square-foot office campus in Los Angeles's Century City, marking one of the year's largest U.S. office financing deals.

Read articleNews from Los Angeles, Los Angeles County, California
Shea Properties Commences Construction on 118,232 SF Industrial Project in City of Industry
Industry, California
CompaniesDeals

Shea Properties Commences Construction on 118,232 SF Industrial Project in City of Industry

Shea Center Industry, a new Class A industrial development by Shea Properties, has broken ground in the City of Industry, California, featuring two buildings totaling over 118,000 square feet with completion expected in late 2027.

Read articleNews from Industry, Los Angeles County, California
Balaciano Group Commences Construction on 263-Unit Multifamily Project in Los Angeles's Warner Center
Los Angeles, California
CompaniesMarkets

Balaciano Group Commences Construction on 263-Unit Multifamily Project in Los Angeles’s Warner Center

The Q Erwin, a seven-story development, will feature apartments, including live/work units, and significant non-residential space, marking continued growth in the Warner Center area.

Read articleNews from Los Angeles, Los Angeles County, California
Summerhill Communities Submits Revised Plans for 225-Unit Pasadena Apartment Complex
Pasadena, California
MarketsPolicy

Summerhill Communities Submits Revised Plans for 225-Unit Pasadena Apartment Complex

Summerhill Apartment Communities has updated its proposal for a significant residential development at 444 N. Fair Oaks Avenue in Pasadena, now featuring 225 units and a mix of architectural styles. The revised plans, presented to the Pasadena Design Commission, detail a larger complex with increased parking and density bonus eligibility.

Read articleNews from Pasadena, Los Angeles County, California
Wood Framing Progresses on 48-Unit Mixed-Use Development at 5843 W. Pico Boulevard in Los Angeles
Los Angeles, California
MarketsPolicy

Wood Framing Progresses on 48-Unit Mixed-Use Development at 5843 W. Pico Boulevard in Los Angeles

This six-story project by Giltner Realty Advisors will include 48 apartments, with five designated as extremely low-income affordable housing, alongside ground-floor retail. The development utilizes Transit Oriented Communities incentives and is designed by Scales Lab Architects.

Read articleNews from Los Angeles, Los Angeles County, California
Updated Design Revealed for 88-Unit Westwood Housing Project Near UCLA
Los Angeles, California
PolicyZoning

Updated Design Revealed for 88-Unit Westwood Housing Project Near UCLA

A proposed 12-story, 88-unit residential building in Westwood, developed by Uncommon, has unveiled updated designs ahead of a presentation to the Westwood Design Review Board. The project, located near the UCLA campus, intends to utilize California's density bonus incentives to include moderate-income housing.

Read articleNews from Los Angeles, Los Angeles County, California
CRP Affordable Housing Secures Financing for Colorado Crest Project in Pasadena
Pasadena, California
DealsPolicy

CRP Affordable Housing Secures Financing for Colorado Crest Project in Pasadena

San Diego-based CRP Affordable Housing and Community Development has finalized financing for the initial phase of Colorado Crest, an 88-unit affordable housing complex slated for Pasadena. The development will replace existing commercial structures with new residential and retail space.

Read articleNews from Pasadena, Los Angeles County, California
Los Angeles County Approves 104 Condominiums on Former Covina School Site
Covina, California
MarketsPolicy

Los Angeles County Approves 104 Condominiums on Former Covina School Site

The Los Angeles County Regional Planning Commission has approved a project by RC Homes to build 104 residential condominiums on an 8.5-acre former elementary school campus in unincorporated Covina, utilizing density bonus incentives.

Read articleNews from Covina, Los Angeles County, California
Ten New Homes with Junior ADUs Proposed in Los Angeles's North Hills
Los Angeles, California
MarketsPolicy

Ten New Homes with Junior ADUs Proposed in Los Angeles’s North Hills

A new application filed with the Los Angeles Department of City Planning outlines plans for ten single-family homes, each with a junior accessory dwelling unit, in the North Hills neighborhood. This development leverages state legislation aimed at streamlining smaller-scale housing projects.

Read articleNews from Los Angeles, Los Angeles County, California
Downtown Los Angeles Mixed-Use Complex The Bloc Returns to Market with Approved Residential Tower
Los Angeles, California
DealsMarkets

Downtown Los Angeles Mixed-Use Complex The Bloc Returns to Market with Approved Residential Tower

The Bloc, a prominent mixed-use property in downtown Los Angeles, is back on the market, offering potential buyers city-approved plans for a 41-story residential tower and new digital signage, as the local office market begins to stabilize.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Planning Commission Approves Major Overhaul of Atwater Village Water Reclamation Plant
Los Angeles, California
InfrastructurePolicy

Los Angeles Planning Commission Approves Major Overhaul of Atwater Village Water Reclamation Plant

The Los Angeles City Planning Commission has greenlit a significant modernization project for the Los Angeles-Glendale Water Reclamation Plant in Atwater Village. This multi-phase initiative will replace aging infrastructure, construct new facilities, and introduce approximately 18,000 square feet of publicly accessible open space along the Los Angeles River.

Read articleNews from Los Angeles, Los Angeles County, California
Mixed-Use Development Nears Completion on Pico Boulevard in Los Angeles
Los Angeles, California
MarketsPolicy

Mixed-Use Development Nears Completion on Pico Boulevard in Los Angeles

A five-story mixed-use project featuring 50 apartments and ground-floor commercial space is nearing completion at 10608-10614 W. Pico Boulevard, utilizing Transit Oriented Communities incentives and California's AB 2097 for parking exemptions.

Read articleNews from Los Angeles, Los Angeles County, California
Retirement Housing Foundation Completes 54-Unit Senior Affordable Housing Project in Baldwin Park
Baldwin Park, California
MarketsPolicy

Retirement Housing Foundation Completes 54-Unit Senior Affordable Housing Project in Baldwin Park

Central Metro Place, a $24.4-million development by Retirement Housing Foundation, offers 54 affordable apartments for seniors aged 62 and above, located near the Baldwin Park Metrolink station.

Read articleNews from Baldwin Park, Los Angeles County, California
Groundbreaking Held for Robert K. Ross Center, Bringing Affordable Housing and Healthcare to Los Angeles' Chinatown
Los Angeles, California
PolicyZoning

Groundbreaking Held for Robert K. Ross Center, Bringing Affordable Housing and Healthcare to Los Angeles’ Chinatown

The California Endowment and Linc Housing have broken ground on the Robert K. Ross Center for Hope and Healing, a new affordable housing and healthcare campus at 800 N. Main Street in Los Angeles. This multi-phase project will include 124 income-restricted apartments and a 66,000-square-foot healthcare facility.

Read articleNews from Los Angeles, Los Angeles County, California
Meta Housing Completes 163-Unit Affordable Housing Project in Long Beach
Long Beach, California
MarketsPolicy

Meta Housing Completes 163-Unit Affordable Housing Project in Long Beach

Luma Point, a new six-story affordable housing complex developed by Meta Housing Corp., has completed construction at 1400 Long Beach Boulevard, bringing 163 new apartments to the area. The project offers one, two, and three-bedroom units for renters earning between 30 and 70 percent of the area median income.

Read articleNews from Long Beach, Los Angeles County, California
U.S. Bank Tower in Downtown Los Angeles Secures Over 55,000 SF in New Office Leases
Los Angeles, California
DealsMarkets

U.S. Bank Tower in Downtown Los Angeles Secures Over 55,000 SF in New Office Leases

Silverstein Properties announced new leasing activity totaling 55,349 square feet at the U.S. Bank Tower, including expansions and new commitments from firms like Morgan & Morgan, Buro Happold, and the L.A. Area Chamber of Commerce.

Read articleNews from Los Angeles, Los Angeles County, California
ValueRock Realty Proposes 138-Unit Mixed-Use Project in Santa Monica
Santa Monica, California
DealsPolicy

ValueRock Realty Proposes 138-Unit Mixed-Use Project in Santa Monica

A new eight-story development featuring residential units and ground-floor commercial space is planned for 1670 Lincoln Boulevard, replacing the existing Mel's Drive-In.

Read articleNews from Santa Monica, Los Angeles County, California
Eight-Story Mixed-Use Development Proposed for Former Mel's Drive-In Site in Santa Monica
Santa Monica, California
MarketsPolicy

Eight-Story Mixed-Use Development Proposed for Former Mel’s Drive-In Site in Santa Monica

ValueRock Realty has filed plans to construct a new building at 1670 Lincoln Boulevard, featuring 138 apartments and ground-floor commercial space, utilizing density bonus incentives to include affordable housing units.

Read articleNews from Santa Monica, Los Angeles County, California
Eight-Story Mixed-Use Development Proposed for Former Mel's Drive-In Site in Santa Monica
Santa Monica, California
MarketsPolicy

Eight-Story Mixed-Use Development Proposed for Former Mel’s Drive-In Site in Santa Monica

ValueRock Realty has filed plans for a new eight-story building at 1670 Lincoln Boulevard, featuring 138 apartments and ground-floor commercial space, utilizing density bonus incentives for affordable housing.

Read articleNews from Santa Monica, Los Angeles County, California
ValueRock Realty Proposes 138-Unit Mixed-Use Project in Santa Monica
Santa Monica, California
MarketsPolicy

ValueRock Realty Proposes 138-Unit Mixed-Use Project in Santa Monica

ValueRock Realty has filed an application to construct an eight-story mixed-use building at 1670 Lincoln Boulevard, replacing the existing Mel's Drive-In. The project will include 138 residential units and ground-floor commercial space, utilizing density bonus incentives.

Read articleNews from Santa Monica, Los Angeles County, California
ValueRock Realty Files Plans for 138-Unit Mixed-Use Project in Santa Monica
Santa Monica, California
DealsPolicy

ValueRock Realty Files Plans for 138-Unit Mixed-Use Project in Santa Monica

ValueRock Realty has submitted plans for an eight-story mixed-use building featuring 138 apartments and ground-floor retail at 1670 Lincoln Boulevard, replacing the iconic Mel's Drive-In. The project seeks density bonus incentives in exchange for affordable housing units.

Read articleNews from Santa Monica, Los Angeles County, California
Eight-Story Mixed-Use Project Proposed for Former Mel's Drive-In Site in Santa Monica
Santa Monica, California
PolicyZoning

Eight-Story Mixed-Use Project Proposed for Former Mel’s Drive-In Site in Santa Monica

ValueRock Realty has filed plans for a new development at 1670 Lincoln Boulevard, featuring 138 apartments and ground-floor commercial space, replacing a well-known restaurant landmark.

Read articleNews from Santa Monica, Los Angeles County, California
Lakewood Approves 388-Unit Apartment Project Replacing Former Office Building
Lakewood, California
MarketsPolicy

Lakewood Approves 388-Unit Apartment Project Replacing Former Office Building

The City of Lakewood has given its approval to a new five-story development by Texas-based developer JPI, which will feature 388 residential units on a nearly five-acre property at 3200 E. Carson Street. This project involves the demolition of a 1980s office building to make way for the new housing.

Read articleNews from Lakewood, Los Angeles County, California
Lakewood Approves 388-Unit Apartment Project Replacing Former Office Building
Lakewood, California
CompaniesDeals

Lakewood Approves 388-Unit Apartment Project Replacing Former Office Building

Developer JPI secured approval from the City of Lakewood for a new five-story residential complex featuring 388 units, converting a nearly five-acre property previously occupied by a 1980s office building.

Read articleNews from Lakewood, Los Angeles County, California
Lakewood Approves 388-Unit Apartment Project Replacing Offices on Carson Street
Lakewood, California
CompaniesPolicy

Lakewood Approves 388-Unit Apartment Project Replacing Offices on Carson Street

Texas-based developer JPI has secured approval from the City of Lakewood for a new 388-unit apartment complex, set to replace a 1980s office building on a nearly five-acre site at 3200 E. Carson Street.

Read articleNews from Lakewood, Los Angeles County, California
Lakewood Approves 388-Unit Apartment Project Replacing Former Office Building
Lakewood, California
PolicyZoning

Lakewood Approves 388-Unit Apartment Project Replacing Former Office Building

The City of Lakewood has approved a new five-story residential development by Texas-based JPI, which will convert a nearly five-acre office site into 388 apartments. This project at 3200 E. Carson Street continues JPI's expansion of housing initiatives across Southern California.

Read articleNews from Lakewood, Los Angeles County, California
Lakewood Approves 388-Unit Apartment Project Replacing Former Office Building
Lakewood, California
PolicyZoning

Lakewood Approves 388-Unit Apartment Project Replacing Former Office Building

Texas-based developer JPI has secured approval from the City of Lakewood for a new five-story residential complex. The project will feature 388 apartments and replace an existing 1980s office building on a nearly five-acre site at 3200 E. Carson Street.

Read articleNews from Lakewood, Los Angeles County, California
Lakewood Approves 388-Unit Apartment Complex Replacing Office Building
Lakewood, California
CompaniesDeals

Lakewood Approves 388-Unit Apartment Complex Replacing Office Building

Developer JPI has secured approval from the City of Lakewood for a new five-story, 388-unit residential project at 3200 E. Carson Street, which will replace an existing 1980s office building on a nearly five-acre site.

Read articleNews from Lakewood, Los Angeles County, California
Meta Housing Completes 160-Unit Affordable Development in Florence-Firestone
Florence Firestone, California
MarketsPolicy

Meta Housing Completes 160-Unit Affordable Development in Florence-Firestone

The Metro @ Florence Apartments, a new seven-story complex with 160 units, has finished construction at 7220 Maie Avenue, offering housing for low-income households in the unincorporated Los Angeles community.

Read articleNews from Florence Firestone, Los Angeles County, California
Meta Housing Corp. Completes 160-Unit Affordable Housing Project in Florence-Firestone
Florence Firestone, California
PolicyZoning

Meta Housing Corp. Completes 160-Unit Affordable Housing Project in Florence-Firestone

The Metro @ Florence Apartments, a seven-story development by Meta Housing Corp., provides 160 affordable units in unincorporated Florence-Firestone. Replacing a car wash near Florence Station, the project received significant funding from Los Angeles County and the California Strategic Growth Council.

Read articleNews from Florence Firestone, Los Angeles County, California
Meta Housing Completes 160-Unit Affordable Housing Project in Florence-Firestone
Florence Firestone, California
DealsPolicy

Meta Housing Completes 160-Unit Affordable Housing Project in Florence-Firestone

The seven-story Metro @ Florence Apartments, developed by Meta Housing Corp., provides studio, one-, and two-bedroom units for low-income households, including permanent supportive housing, alongside retail and community spaces.

Read articleNews from Florence Firestone, Los Angeles County, California
Meta Housing Completes 160-Unit Affordable Housing Project in Florence-Firestone
Florence Firestone, California
PolicyZoning

Meta Housing Completes 160-Unit Affordable Housing Project in Florence-Firestone

The Metro @ Florence Apartments, a seven-story development by Meta Housing Corp., has finished construction, delivering 160 affordable and supportive housing units along with retail and community spaces near the A Line's Florence Station.

Read articleNews from Florence Firestone, Los Angeles County, California
Downtown Los Angeles Mixed-Use Complex The Bloc Returns to Market Amid Discounted Sales
Los Angeles, California
DealsMarkets

Downtown Los Angeles Mixed-Use Complex The Bloc Returns to Market Amid Discounted Sales

The Bloc, a significant mixed-use development in downtown Los Angeles featuring office, retail, and a hotel, is being offered for sale. This transaction signals a potential bottoming out of the commercial property market, with assets trading at substantial discounts.

Read articleNews from Los Angeles, Los Angeles County, California
Downtown Los Angeles Mixed-Use Complex The Bloc Listed for Sale Amid Market Rebound Signs
Los Angeles, California
DealsMarkets

Downtown Los Angeles Mixed-Use Complex The Bloc Listed for Sale Amid Market Rebound Signs

The Bloc, a significant mixed-use development in downtown Los Angeles, is back on the market, signaling a potential bottoming out of the commercial property sector with properties trading at reduced prices.

Read articleNews from Los Angeles, Los Angeles County, California
Downtown Los Angeles Mixed-Use Complex The Bloc Listed for Sale Amid Market Recovery Signs
Los Angeles, California
DealsMarkets

Downtown Los Angeles Mixed-Use Complex The Bloc Listed for Sale Amid Market Recovery Signs

The Bloc, a prominent mixed-use development in downtown Los Angeles, is back on the market, presenting a significant redevelopment opportunity as the local office sector shows indications of stabilizing after a period of deep discounts.

Read articleNews from Los Angeles, Los Angeles County, California
Downtown Los Angeles Mixed-Use Complex The Bloc Returns to Market with Approved Development Plans
Los Angeles, California
DealsMarkets

Downtown Los Angeles Mixed-Use Complex The Bloc Returns to Market with Approved Development Plans

The Bloc, a significant mixed-use property in downtown Los Angeles, is again up for sale, featuring an office tower, retail, and a hotel. The offering includes city approvals for a new 41-story residential tower and digital signage, presenting a substantial redevelopment opportunity amidst signs of a stabilizing office market.

Read articleNews from Los Angeles, Los Angeles County, California
Downtown Los Angeles Mixed-Use Complex The Bloc Listed for Sale Amid Market Recovery Signs
Los Angeles, California
DealsMarkets

Downtown Los Angeles Mixed-Use Complex The Bloc Listed for Sale Amid Market Recovery Signs

The Bloc, a prominent mixed-use development in downtown Los Angeles featuring office, retail, and hotel components, is again on the market. Its sale comes as the commercial property sector in the area shows signs of stabilizing, with significant development potential identified for new ownership.

Read articleNews from Los Angeles, Los Angeles County, California
Downtown Los Angeles Mixed-Use Complex The Bloc Listed for Sale with Development Potential
Los Angeles, California
MarketsPolicy

Downtown Los Angeles Mixed-Use Complex The Bloc Listed for Sale with Development Potential

The Bloc, a prominent mixed-use development in downtown Los Angeles, is again on the market. The sale includes existing office and retail space, along with city approvals for a new 41-story tower and digital signage, signaling potential for significant redevelopment.

Read articleNews from Los Angeles, Los Angeles County, California
UCLA Study Highlights Soaring Costs of Parking Mandates in U.S. Cities
Los Angeles, California
PolicyRegulation

UCLA Study Highlights Soaring Costs of Parking Mandates in U.S. Cities

A recent analysis by the UCLA Center for Parking Policy reveals how mandatory parking requirements significantly inflate construction costs for residential and commercial developments, with underground spaces now averaging $73,000 each. The study, based on 2025 data from 17 U.S. cities, shows these mandates disproportionately impact the affordability of smaller housing units.

Read articleNews from Los Angeles, Los Angeles County, California
UCLA Analysis Highlights Soaring Costs of Parking Mandates in US Cities
Los Angeles, California
PolicyRegulation

UCLA Analysis Highlights Soaring Costs of Parking Mandates in US Cities

A new UCLA study analyzing 2025 data from 17 U.S. cities reveals that parking mandates significantly increase construction costs, particularly for underground spaces and smaller residential units, hindering affordable housing development.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Office Leasing Reaches Post-2019 Peak in Q3 2026
Los Angeles, California
CompaniesMarkets

Los Angeles Office Leasing Reaches Post-2019 Peak in Q3 2026

Los Angeles County's office market experienced its highest leasing volume since 2019 during the third quarter of 2026, with 4 million square feet transacted, indicating a gradual stabilization primarily fueled by lease renewals.

Read articleNews from Los Angeles, Los Angeles County, California
G3 Urban Advances 60-Home Project in Compton Under Builder's Remedy
Compton, California
MarketsPolicy

G3 Urban Advances 60-Home Project in Compton Under Builder’s Remedy

Developer G3 Urban has proposed a 60-unit residential development in Compton, featuring 48 market-rate and 12 affordable two-story homes, leveraging California's Builder's Remedy law to streamline approvals.

Read articleNews from Compton, Los Angeles County, California
Compton Project Proposes 60 Homes Under Builder's Remedy Law
Compton, California
DealsPolicy

Compton Project Proposes 60 Homes Under Builder’s Remedy Law

Developer G3 Urban plans a 60-unit residential community in Compton, utilizing California's Builder's Remedy provision to facilitate the project's approval process. The development includes both market-rate and affordable housing units.

Read articleNews from Compton, Los Angeles County, California
Santa Monica Affordable Housing Project at 1238 7th Street Undergoes Design Revisions
Santa Monica, California
CompaniesPolicy

Santa Monica Affordable Housing Project at 1238 7th Street Undergoes Design Revisions

Hankey Capital's proposed four-story, 28-unit affordable housing development in Downtown Santa Monica has received design updates, which were presented to the city's Architectural Review Board.

Read articleNews from Santa Monica, Los Angeles County, California
Santa Monica Board Reviews Updated Design for 28-Unit Affordable Housing Project
Santa Monica, California
PolicyZoning

Santa Monica Board Reviews Updated Design for 28-Unit Affordable Housing Project

Hankey Capital's proposed four-story residential building at 1238 7th Street, which will offer 28 rental units, has undergone design revisions presented to the Santa Monica Architectural Review Board. The updated plans show a slight increase in project density compared to earlier proposals.

Read articleNews from Santa Monica, Los Angeles County, California
Fifth Wall Founder Brendan Wallace Discusses Proptech Investment Strategy and Land Value
Los Angeles, California
CompaniesMarkets

Fifth Wall Founder Brendan Wallace Discusses Proptech Investment Strategy and Land Value

Brendan Wallace, founder of Fifth Wall, the largest venture capital firm focused on real estate technology, shares insights on identifying emerging tech trends and the enduring value of land as a scarce asset. His firm has secured approximately $3.1 billion in commitments from major real estate partners.

Read articleNews from Los Angeles, Los Angeles County, California
Amazon Acquires Two Buildings, LA28 Leases One at Former Forever 21 Headquarters in Lincoln Heights
Los Angeles, California
CompaniesDeals

Amazon Acquires Two Buildings, LA28 Leases One at Former Forever 21 Headquarters in Lincoln Heights

The 39-acre former Forever 21 campus in Los Angeles's Lincoln Heights neighborhood has been reactivated, with Amazon purchasing two industrial buildings and the 2028 Summer Olympics organizer, LA28, leasing a large flex office space.

Read articleNews from Los Angeles, Los Angeles County, California
Ahmanson Foundation Details Capital Project Grant Evaluation and Community Needs
Los Angeles, California
MarketsPolicy

Ahmanson Foundation Details Capital Project Grant Evaluation and Community Needs

William Ahmanson, president of the Ahmanson Foundation, outlines the organization's criteria for funding capital projects, including construction and acquisitions, and discusses the rising demand for facility security and the critical need for skilled trades education in Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
Ahmanson Foundation Prioritizes Capital Projects and Facility Security in Grant Evaluations
Los Angeles, California
InfrastructurePolicy

Ahmanson Foundation Prioritizes Capital Projects and Facility Security in Grant Evaluations

William Ahmanson, president of the Ahmanson Foundation, details the organization's approach to funding capital projects, including construction and equipment, and how its evaluation process mirrors residential loan underwriting. The foundation notes a recent surge in requests for facility security enhancements.

Read articleNews from Los Angeles, Los Angeles County, California
Ahmanson Foundation Prioritizes Capital Projects and Construction Funding in Los Angeles
Los Angeles, California
MarketsPolicy

Ahmanson Foundation Prioritizes Capital Projects and Construction Funding in Los Angeles

William Ahmanson, president of the Ahmanson Foundation, details the organization's strategic focus on funding capital projects, including construction and equipment, and outlines their diligent process for evaluating grant applications based on project viability and an applicant's financial health.

Read articleNews from Los Angeles, Los Angeles County, California
Ahmanson Foundation President Details Grant Strategy for Capital Projects
Los Angeles, California
MarketsPolicy

Ahmanson Foundation President Details Grant Strategy for Capital Projects

William Ahmanson, president of the Ahmanson Foundation, discusses the organization's approach to evaluating grant requests for capital projects, including construction and acquisitions, and how his background in loan underwriting informs the process. He also addresses current funding trends and unmet needs in the Los Angeles area.

Read articleNews from Los Angeles, Los Angeles County, California
Ahmanson Foundation President Details Capital Project Funding and Grant Evaluation
Los Angeles, California
CompaniesPolicy

Ahmanson Foundation President Details Capital Project Funding and Grant Evaluation

William Ahmanson, president of the Ahmanson Foundation, outlines the organization's approach to evaluating grant requests for capital projects, including construction and equipment, across various sectors. He highlights a growing demand for security-related funding and the importance of skilled trades education.

Read articleNews from Los Angeles, Los Angeles County, California
Ahmanson Foundation Prioritizes Capital Projects and Facility Security in Grantmaking
Los Angeles, California
InfrastructurePolicy

Ahmanson Foundation Prioritizes Capital Projects and Facility Security in Grantmaking

William Ahmanson, president of the Ahmanson Foundation, details the organization's focus on funding capital projects like construction and acquisitions, with a growing emphasis on facility security requests. His background in residential loan underwriting informs the foundation's rigorous grant evaluation process.

Read articleNews from Los Angeles, Los Angeles County, California
Berkadia Facilitates $6.8 Million Apartment Building Sale in Los Angeles' Westchester
Los Angeles, California
DealsMarkets

Berkadia Facilitates $6.8 Million Apartment Building Sale in Los Angeles’ Westchester

A 16-unit apartment property known as Altezza in Los Angeles' Westchester neighborhood has been sold for $6.8 million, with Berkadia arranging the transaction between Revere Investments and Edud Investments.

Read articleNews from Los Angeles, Los Angeles County, California
New Imagery Reveals Plans for 232-Unit Mixed-Income Project on Santa Monica's Lincoln Boulevard
Santa Monica, California
CompaniesPolicy

New Imagery Reveals Plans for 232-Unit Mixed-Income Project on Santa Monica’s Lincoln Boulevard

Lincoln Property Company's proposed eight-story development at 1238 Lincoln Boulevard, featuring 232 apartments and affordable units, has advanced with new design visuals presented to the Santa Monica Architectural Review Board.

Read articleNews from Santa Monica, Los Angeles County, California
Lincoln Property Company Advances 232-Unit Housing Plan in Santa Monica
Santa Monica, California
MarketsPolicy

Lincoln Property Company Advances 232-Unit Housing Plan in Santa Monica

New architectural renderings have been submitted for an eight-story residential development proposed by Lincoln Property Company at 1238 Lincoln Boulevard. The project in Santa Monica includes 232 apartments, utilizing density bonus incentives for affordable housing.

Read articleNews from Santa Monica, Los Angeles County, California
Santa Monica Architectural Review Board Reviews 232-Unit Lincoln Boulevard Housing Project
Santa Monica, California
CompaniesPolicy

Santa Monica Architectural Review Board Reviews 232-Unit Lincoln Boulevard Housing Project

New design imagery has been released for Lincoln Property Company's proposed eight-story residential development at 1238 Lincoln Boulevard in Santa Monica, which includes 232 apartments and affordable housing units.

Read articleNews from Santa Monica, Los Angeles County, California
Eight-Story Mixed-Use Development with Affordable Units Proposed in Beverly Hills
Beverly Hills, California
MarketsPolicy

Eight-Story Mixed-Use Development with Affordable Units Proposed in Beverly Hills

A new eight-story building featuring 79 apartments and ground-floor commercial space is planned for Beverly Hills, utilizing density bonus incentives to include affordable housing units.

Read articleNews from Beverly Hills, Los Angeles County, California
Mixed-Use Development with Affordable Units Proposed on Robertson Boulevard in Beverly Hills
Beverly Hills, California
MarketsPolicy

Mixed-Use Development with Affordable Units Proposed on Robertson Boulevard in Beverly Hills

OHR Hamet, Inc. plans an eight-story building featuring 79 apartments and ground-floor commercial space, utilizing density bonus incentives for affordable housing in a key commercial corridor.

Read articleNews from Beverly Hills, Los Angeles County, California
LACAHSA Issues First Construction Loan for 120-Unit Affordable Housing in Inglewood
Inglewood, California
DealsPolicy

LACAHSA Issues First Construction Loan for 120-Unit Affordable Housing in Inglewood

The Los Angeles County Affordable Housing Solutions Agency (LACAHSA) has closed its inaugural construction loan, providing $7.5 million for the Sankofa Place at Centinela project. This mixed-use development in Inglewood will deliver 120 affordable housing units and a permanent home for the Social Justice Learning Institute.

Read articleNews from Inglewood, Los Angeles County, California
LACAHSA Issues First Construction Loan for 120-Unit Affordable Housing Project in Inglewood
Inglewood, California
DealsPolicy

LACAHSA Issues First Construction Loan for 120-Unit Affordable Housing Project in Inglewood

The Los Angeles County Affordable Housing Solutions Agency (LACAHSA) has issued its first construction loan, a $7.5 million commitment for the $44 million Sankofa Place at Centinela. This mixed-use development in Inglewood will provide 120 affordable housing units and a permanent home for the Social Justice Learning Institute, with groundbreaking expected in October.

Read articleNews from Inglewood, Los Angeles County, California
Los Angeles Commercial Real Estate Market Shows Emerging Investment Opportunities Amidst Discounts
Los Angeles, California
DealsMarkets

Los Angeles Commercial Real Estate Market Shows Emerging Investment Opportunities Amidst Discounts

Despite persistent challenges like high office vacancy and affordability issues, the Los Angeles commercial real estate market, particularly its downtown core, is beginning to attract long-term investors seeking value in distressed assets and significant discounts.

Read articleNews from Los Angeles, Los Angeles County, California
Santa Fe Springs, California
DealsMarkets

J.P. Morgan Asset Management Acquires Santa Fe Springs Warehouses for $176.5 Million

J.P. Morgan Asset Management has completed the largest industrial property acquisition in Los Angeles County this year, purchasing two Santa Fe Springs warehouses for $176.5 million. The transaction highlights continued strong investor interest in the region's logistics assets.

Read articleNews from Santa Fe Springs, Los Angeles County, California
Santa Fe Springs, CaliforniaTrending
DealsMarkets

J.P. Morgan Asset Management Acquires Santa Fe Springs Industrial Warehouses for $176.5 Million

J.P. Morgan Asset Management has completed the largest industrial property acquisition in Los Angeles County this year, purchasing two warehouses in Santa Fe Springs for $176.5 million, which are fully leased to Breakthru Beverage Group.

Read articleNews from Santa Fe Springs, Los Angeles County, California
Santa Fe Springs, CaliforniaTrending
DealsMarkets

J.P. Morgan Asset Management Acquires Santa Fe Springs Warehouses for $176.5 Million

J.P. Morgan Asset Management has completed the largest industrial sale in Los Angeles County this year, acquiring two Santa Fe Springs warehouses totaling 521,091 square feet for $176.5 million. The properties are fully leased to Breakthru Beverage Group, a wine, beer, and spirits wholesaler.

Read articleNews from Santa Fe Springs, Los Angeles County, California
Santa Fe Springs, CaliforniaTrending
DealsMarkets

J.P. Morgan Asset Management Acquires Santa Fe Springs Industrial Campus for $176.5 Million

J.P. Morgan Asset Management has completed the largest industrial real estate transaction in Los Angeles County this year, purchasing a 521,091-square-foot warehouse complex in Santa Fe Springs from Prudential Financial for $176.5 million. The property is fully leased to Breakthru Beverage Group and serves as a distribution center.

Read articleNews from Santa Fe Springs, Los Angeles County, California
Santa Fe Springs, California
DealsMarkets

J.P. Morgan Asset Management Acquires Santa Fe Springs Warehouses for $176.5 Million

J.P. Morgan Asset Management has completed the largest industrial transaction in Los Angeles County this year, acquiring a pair of Santa Fe Springs warehouses from Prudential Financial for $176.5 million. This significant deal underscores continued investor confidence in prime logistics assets.

Read articleNews from Santa Fe Springs, Los Angeles County, California
Los Angeles, California
MarketsPolicy

Banc of California Opens 40,000-Square-Foot Office in DTLA Tower

Banc of California has officially opened its new 40,000-square-foot office on the 34th floor of 865 S. Figueroa St. in Downtown Los Angeles, marking a significant investment in the city's economic revitalization efforts.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles, California
CompaniesDeals

Banc of California Opens New 40,000-Square-Foot Office in Downtown Los Angeles Tower

Banc of California has inaugurated its new 40,000-square-foot office on the 34th floor of 865 S. Figueroa St. in Downtown Los Angeles, signifying a major investment in the city's economic revitalization efforts.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles, California
CompaniesMarkets

Banc of California Inaugurates New Downtown Los Angeles Office

The Banc of California has inaugurated its new 40,000-square-foot office on the 34th floor of 865 S. Figueroa St. in downtown Los Angeles, marking a significant investment in the city's economic revitalization. This move positions the bank's commercial, middle market, and venture banking teams closer to key regional clients.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles, California
CompaniesMarkets

Banc of California Opens New 40,000-Square-Foot Office in Downtown Los Angeles

Banc of California has inaugurated its new 40,000-square-foot office on the 34th floor of 865 S. Figueroa St. in Downtown Los Angeles, marking a significant investment in the city's economic revitalization efforts.

Read articleNews from Los Angeles, Los Angeles County, California
Plans Filed for 10 Small Lot Homes with Junior ADUs in Sylmar
Sylmar, California
MarketsPolicy

Plans Filed for 10 Small Lot Homes with Junior ADUs in Sylmar

A 1.2-acre site at 13750 Fenton Avenue in Sylmar is slated for redevelopment, with a new application proposing ten two-story small lot homes, each designed to include a junior accessory dwelling unit and a one-car garage.

Read articleNews from Sylmar, Los Angeles County, California
Ten Small Lot Homes with Junior ADUs Proposed for Sylmar Site
Sylmar, California
PolicyZoning

Ten Small Lot Homes with Junior ADUs Proposed for Sylmar Site

A 1.2-acre parcel at 13750 Fenton Avenue in Sylmar is slated for a new residential project featuring 10 two-story single-family homes, each incorporating a junior accessory dwelling unit and a one-car garage.

Read articleNews from Sylmar, Los Angeles County, California
Proposal Submitted for 10 Small Lot Homes with ADUs in Los Angeles' Sylmar Neighborhood
Los Angeles, California
MarketsPolicy

Proposal Submitted for 10 Small Lot Homes with ADUs in Los Angeles’ Sylmar Neighborhood

The Los Angeles Department of City Planning has received an application to redevelop a 1.2-acre site at 13750 Fenton Avenue in Sylmar with ten new single-family residences, each featuring an attached junior accessory dwelling unit. This project aims to subdivide the existing lot into individual parcels for the small lot homes.

Read articleNews from Los Angeles, Los Angeles County, California
Ten Small Lot Homes with Junior ADUs Proposed in Sylmar, Los Angeles
Los Angeles, California
MarketsPolicy

Ten Small Lot Homes with Junior ADUs Proposed in Sylmar, Los Angeles

A 1.2-acre single-family lot at 13750 Fenton Avenue in Sylmar is slated for redevelopment into ten individual small lot homes, each featuring an attached junior accessory dwelling unit and a one-car garage.

Read articleNews from Los Angeles, Los Angeles County, California
Christie's International Real Estate Southern California Expands into Pasadena with New Office and High-Producing Agents
Pasadena, California
CompaniesMarkets

Christie’s International Real Estate Southern California Expands into Pasadena with New Office and High-Producing Agents

Christie's International Real Estate Southern California has established a new office in Pasadena's Old Town, significantly boosting its presence in the San Gabriel Valley by integrating agents responsible for $180 million in recent sales. This expansion aims to capitalize on the region's luxury market.

Read articleNews from Pasadena, Los Angeles County, California
KeyBank Secures $92.9 Million Financing for 164-Unit Affordable Housing Project in South Los Angeles
Los Angeles, California
DealsPolicy

KeyBank Secures $92.9 Million Financing for 164-Unit Affordable Housing Project in South Los Angeles

KeyBank has finalized a comprehensive $92.9 million financing package for the Broadway & Imperial development, which will deliver 164 new affordable apartments in South Los Angeles, alongside two manager units and extensive resident amenities.

Read articleNews from Los Angeles, Los Angeles County, California
New Renderings Revealed for Faring's Five-Story Office Development on West Hollywood's Sunset Strip
West Hollywood, California
MarketsPolicy

New Renderings Revealed for Faring’s Five-Story Office Development on West Hollywood’s Sunset Strip

Developer Faring's proposed five-story office and commercial complex at 9160-9176 Sunset Boulevard in West Hollywood has new architectural renderings under review by the Planning Commission. The project aims to replace a former car dealership with 52,999 square feet of office space.

Read articleNews from West Hollywood, Los Angeles County, California
New Renderings Unveiled for Faring's Five-Story Office Project on West Hollywood's Sunset Strip
West Hollywood, California
MarketsPolicy

New Renderings Unveiled for Faring’s Five-Story Office Project on West Hollywood’s Sunset Strip

Developer Faring has released updated architectural renderings for its proposed five-story office and commercial complex at 9160-9176 Sunset Boulevard in West Hollywood. The Gensler-designed project aims to replace a former car dealership with significant office space and an integrated parking garage.

Read articleNews from West Hollywood, Los Angeles County, California
West Hollywood Planning Commission Reviews Updated Designs for Sunset Strip Office Development
West Hollywood, California
MarketsPolicy

West Hollywood Planning Commission Reviews Updated Designs for Sunset Strip Office Development

The West Hollywood Planning Commission is reviewing new architectural renderings for a proposed five-story office and commercial complex on the Sunset Strip, developed by Faring. The project at 9160-9176 Sunset Boulevard aims to replace a former car dealership with over 50,000 square feet of office space.

Read articleNews from West Hollywood, Los Angeles County, California
SoLa Impact Secures $93 Million Financing for 166-Unit Affordable Housing Project in South Los Angeles
Los Angeles, California
DealsPolicy

SoLa Impact Secures $93 Million Financing for 166-Unit Affordable Housing Project in South Los Angeles

SoLa Impact has obtained a substantial financing package totaling nearly $93 million for the construction of Broadway & Imperial, a 166-unit affordable housing development in the Broadway-Manchester neighborhood of South Los Angeles. The project, located at 252 W. Imperial Highway, will feature rental apartments and ground-floor commercial space, utilizing Transit Oriented Communities incentives.

Read articleNews from Los Angeles, Los Angeles County, California
SoLa Impact Secures $93 Million Financing for 166-Unit Affordable Housing Project in South Los Angeles
Los Angeles, California
DealsPolicy

SoLa Impact Secures $93 Million Financing for 166-Unit Affordable Housing Project in South Los Angeles

Developer SoLa Impact has obtained a nearly $93 million financing package, led by KeyBank, to construct Broadway & Imperial, a 166-unit affordable housing development at 252 W. Imperial Highway in South Los Angeles. This project will transform a former industrial site into new residential and commercial spaces, utilizing Transit Oriented Communities incentives.

Read articleNews from Los Angeles, Los Angeles County, California
SoLa Impact Secures $93 Million Financing for 166-Unit Affordable Housing Project in South Los Angeles
Los Angeles, California
PolicyRegulation

SoLa Impact Secures $93 Million Financing for 166-Unit Affordable Housing Project in South Los Angeles

Developer SoLa Impact has obtained a significant financing package to construct Broadway & Imperial, a new 166-unit affordable housing development in the Broadway-Manchester neighborhood, utilizing federal tax credits and public bonds.

Read articleNews from Los Angeles, Los Angeles County, California
SoLa Impact Secures $93 Million Financing for 166-Unit Affordable Housing Project in South Los Angeles
Los Angeles, California
DealsPolicy

SoLa Impact Secures $93 Million Financing for 166-Unit Affordable Housing Project in South Los Angeles

A substantial financing package, led by KeyBank CDLI, will fund the construction of Broadway & Imperial, a new affordable housing development at 252 W. Imperial Highway. This project will provide 166 rental apartments restricted to low-income earners in the Broadway-Manchester neighborhood.

Read articleNews from Los Angeles, Los Angeles County, California
Framing Underway for $33 Million Senior Housing Development in Arcadia
Arcadia, California
CompaniesPolicy

Framing Underway for $33 Million Senior Housing Development in Arcadia

Construction is progressing on The Ivy at Arcadia, a 100-unit assisted living and memory care facility, eight months after its groundbreaking. The $33 million development at 1150 West Colorado Boulevard is slated for completion in Fall 2027.

Read articleNews from Arcadia, Los Angeles County, California
Cityview and PCCP Recapitalize 243-Unit Los Angeles Multifamily Project for $76 Million
Los Angeles, California
DealsMarkets

Cityview and PCCP Recapitalize 243-Unit Los Angeles Multifamily Project for $76 Million

A joint venture between Cityview and PCCP has recapitalized the 243-unit Belle on Bev apartment complex in Los Angeles' Historic Filipinotown for $76 million, with Cityview selling its stake to PCCP. This transaction highlights a recovering multifamily investment market in the city, despite ongoing development challenges.

Read articleNews from Los Angeles, Los Angeles County, California
Hotel Clark in Downtown Los Angeles Begins Soft Opening After Years of Dormancy
Los Angeles, California
CompaniesDeals

Hotel Clark in Downtown Los Angeles Begins Soft Opening After Years of Dormancy

The 348-room Hotel Clark at 426 S. Hill Street has commenced a soft opening, marking the end of a long period of inactivity despite interior renovations being completed in 2014. OTH Hotels Resorts will manage the property, which also features a new restaurant called Votana.

Read articleNews from Los Angeles, Los Angeles County, California
Hotel Clark Begins Soft Opening in Downtown Los Angeles After Years of Inactivity
Los Angeles, California
CompaniesDeals

Hotel Clark Begins Soft Opening in Downtown Los Angeles After Years of Inactivity

The 348-room Hotel Clark, located at 426 S. Hill Street in Downtown Los Angeles, has commenced a soft opening, reactivating an 11-story building whose interior renovations were reportedly completed in 2014.

Read articleNews from Los Angeles, Los Angeles County, California
Hotel Clark in Downtown Los Angeles Begins Soft Opening After Years of Dormancy
Los Angeles, California
CompaniesMarkets

Hotel Clark in Downtown Los Angeles Begins Soft Opening After Years of Dormancy

The historic Hotel Clark, located at 426 S. Hill Street in Downtown Los Angeles, has commenced a soft opening, marking the end of a long period of inactivity for the 348-room property. This development comes years after interior renovations were completed and amid reports of its owner's real estate empire being dissolved.

Read articleNews from Los Angeles, Los Angeles County, California
Hotel Clark in Downtown Los Angeles Begins Soft Opening After Years of Dormancy
Los Angeles, California
CompaniesMarkets

Hotel Clark in Downtown Los Angeles Begins Soft Opening After Years of Dormancy

The 348-room Hotel Clark at 426 S. Hill Street in Downtown Los Angeles has commenced a soft opening, marking the end of a long period of dormancy for the historic 11-story building, which saw its interior renovation completed in 2014.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Councilmember Proposes 15,000-Square-Foot Parklet in Koreatown
Los Angeles, California
EnvironmentPolicy

Los Angeles Councilmember Proposes 15,000-Square-Foot Parklet in Koreatown

Los Angeles City Councilmember Heather Hutt has introduced a motion to convert a spur of 8th Street near Western Avenue in Koreatown into a 15,000-square-foot parklet. This initiative aims to address the neighborhood's limited open space by repurposing public right-of-way.

Read articleNews from Los Angeles, Los Angeles County, California
Koreatown's 8th Street Spur Could Become 15,000-Square-Foot Parklet
Los Angeles, California
PolicyZoning

Koreatown’s 8th Street Spur Could Become 15,000-Square-Foot Parklet

Los Angeles 10th District Councilmember Heather Hutt has introduced a motion to convert a segment of 8th Street at Western Avenue in Koreatown into a new public park space, potentially adding 15,000 square feet of green area. The proposal seeks to repurpose a street spur that currently provides vehicular access and parking but does not serve adjacent properties.

Read articleNews from Los Angeles, Los Angeles County, California
Echo Park Affordable Housing Project Updates Plans
Los Angeles, California
PolicyZoning

Echo Park Affordable Housing Project Updates Plans

New details for The Flats on Sunset, a Samuelian Group project at 1150 Sunset Boulevard in Echo Park, reveal a six-story building with 237 affordable apartments and ground-floor retail. Plans submitted to the Los Angeles Department of City Planning show reduced vehicle parking.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Councilmember Proposes Converting Koreatown Street Spur into 15,000 Sq Ft Parklet
Los Angeles, California
PolicyZoning

Los Angeles Councilmember Proposes Converting Koreatown Street Spur into 15,000 Sq Ft Parklet

Los Angeles 10th District Councilmember Heather Hutt has introduced a motion to transform a spur of 8th Street at Western Avenue in Koreatown into a new public parklet, aiming to add significant green space to the densely developed neighborhood. This initiative seeks to repurpose public right-of-way that currently lacks essential vehicular access to properties.

Read articleNews from Los Angeles, Los Angeles County, California
Updated Plans Submitted for 237-Unit Affordable Housing Development on Sunset Boulevard in Echo Park
Los Angeles, California
CompaniesPolicy

Updated Plans Submitted for 237-Unit Affordable Housing Development on Sunset Boulevard in Echo Park

The Samuelian Group has filed new details with the Los Angeles Department of City Planning for 'The Flats on Sunset,' a six-story building featuring 237 affordable apartments and ground-floor retail, targeting residents earning 30 to 80 percent of the area median income.

Read articleNews from Los Angeles, Los Angeles County, California
Samuelian Group Submits Plans for 237-Unit Affordable Housing Project in Echo Park
Los Angeles, California
PolicyZoning

Samuelian Group Submits Plans for 237-Unit Affordable Housing Project in Echo Park

The Samuelian Group has filed an application with the Los Angeles Department of City Planning for The Flats on Sunset, a six-story building featuring 237 affordable apartments and ground-floor retail. This project, located at 1150 Sunset Boulevard in Echo Park, will offer units for residents earning 30 to 80 percent of the area median income.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Councilmember Proposes 15,000-Square-Foot Parklet in Koreatown
Los Angeles, California
PolicyZoning

Los Angeles Councilmember Proposes 15,000-Square-Foot Parklet in Koreatown

10th District Councilmember Heather Hutt has introduced a motion to convert a street spur at 8th Street and Western Avenue into a new parklet, aiming to create significant green space in the dense Koreatown neighborhood.

Read articleNews from Los Angeles, Los Angeles County, California
Updated Plans Filed for 237-Unit Affordable Housing Project in Echo Park
Los Angeles, California
PolicyZoning

Updated Plans Filed for 237-Unit Affordable Housing Project in Echo Park

The Samuelian Group has submitted new details to the Los Angeles Department of City Planning for The Flats on Sunset, a six-story development at 1150 Sunset Boulevard featuring 237 affordable apartments.

Read articleNews from Los Angeles, Los Angeles County, California
Blackstone and LBA Realty Secure $270M Refinancing for One Culver Office Campus in Culver City
Culver City, California
DealsMarkets

Blackstone and LBA Realty Secure $270M Refinancing for One Culver Office Campus in Culver City

A joint venture between Blackstone and LBA Realty is finalizing a $270 million commercial mortgage-backed securities (CMBS) refinancing package for the One Culver mixed-use office property in Southern California.

Read articleNews from Culver City, Los Angeles County, California
West Hollywood Planning Commission Reviews 34-Story Mixed-Use Tower on La Brea Avenue
West Hollywood, California
DealsPolicy

West Hollywood Planning Commission Reviews 34-Story Mixed-Use Tower on La Brea Avenue

CIM Group's proposal for a 514-unit residential tower, designed by Large Architecture, is set for review by the West Hollywood Planning Commission, potentially becoming the city's tallest building.

Read articleNews from West Hollywood, Los Angeles County, California
Avant Real Estate Acquires Santa Clarita Retail Center for $27.5 Million, Plans Renovation
Santa Clarita, California
DealsMarkets

Avant Real Estate Acquires Santa Clarita Retail Center for $27.5 Million, Plans Renovation

A 120,559-square-foot retail property in Santa Clarita, formerly anchored by Kmart, has been sold for $27.5 million to Avant Real Estate, which intends to undertake a full renovation of the value-add asset.

Read articleNews from Santa Clarita, Los Angeles County, California
West Hollywood Planning Commission to Review Proposed 34-Story High-Rise
West Hollywood, California
MarketsPolicy

West Hollywood Planning Commission to Review Proposed 34-Story High-Rise

Plans for a 34-story tower at 1000 La Brea Avenue, which would be West Hollywood's tallest building, are set for review by the city's Planning Commission, proposing 514 apartments and commercial space.

Read articleNews from West Hollywood, Los Angeles County, California
West Hollywood Planning Commission to Review Proposed 34-Story Mixed-Use Tower at 1000 La Brea Avenue
West Hollywood, California
MarketsPolicy

West Hollywood Planning Commission to Review Proposed 34-Story Mixed-Use Tower at 1000 La Brea Avenue

A significant development project by CIM Group, featuring 514 apartments and commercial space, is set for consideration by the West Hollywood Planning Commission. The proposed 377-foot building would be the city's tallest, incorporating 128 affordable housing units.

Read articleNews from West Hollywood, Los Angeles County, California
West Hollywood Planning Commission to Review 34-Story High-Rise at 1000 La Brea Avenue
West Hollywood, California
MarketsPolicy

West Hollywood Planning Commission to Review 34-Story High-Rise at 1000 La Brea Avenue

The proposed 34-story building by CIM Group, designed by Large Architecture, includes 514 apartments and commercial space on the former Cemex plant site, with 128 units designated as affordable housing. This development is poised to become the tallest building in West Hollywood.

Read articleNews from West Hollywood, Los Angeles County, California
CIM Group's 514-Unit High-Rise Project in West Hollywood Advances to Planning Commission
West Hollywood, California
PolicyZoning

CIM Group’s 514-Unit High-Rise Project in West Hollywood Advances to Planning Commission

A proposal for a 34-story mixed-use tower at 1000 La Brea Avenue, set to be West Hollywood's tallest building, is undergoing review by the city's Planning Commission. The project includes 514 apartments, with 128 designated as affordable housing units.

Read articleNews from West Hollywood, Los Angeles County, California
West Hollywood Planning Commission to Review 34-Story Mixed-Use Tower at 1000 La Brea Avenue
West Hollywood, California
MarketsPolicy

West Hollywood Planning Commission to Review 34-Story Mixed-Use Tower at 1000 La Brea Avenue

CIM Group's proposed 377-foot high-rise, featuring 514 apartments and commercial space, is set for review by the West Hollywood Planning Commission, marking a significant step for what would be the city's tallest building.

Read articleNews from West Hollywood, Los Angeles County, California
West Hollywood Planning Commission to Review 34-Story Mixed-Use Tower on La Brea Avenue
West Hollywood, California
DealsPolicy

West Hollywood Planning Commission to Review 34-Story Mixed-Use Tower on La Brea Avenue

A significant high-rise project featuring 514 apartments and commercial space, planned for the former Cemex plant site, is set for review by the West Hollywood Planning Commission. The development includes a substantial affordable housing component as a condition for its scale.

Read articleNews from West Hollywood, Los Angeles County, California
Regent Properties Plans 303 For-Sale Homes on Former ABC Radio Site in Los Angeles
Los Angeles, California
MarketsPolicy

Regent Properties Plans 303 For-Sale Homes on Former ABC Radio Site in Los Angeles

Developer Regent Properties has filed proposals with the City of Los Angeles to transform a 19-acre former ABC Radio site in Valley Village into a new residential community. The project at 12755 Burbank Boulevard will feature over 300 for-sale single-family homes and townhomes, including a component for lower-income households.

Read articleNews from Los Angeles, Los Angeles County, California
Regent Properties Proposes 303 For-Sale Homes in Valley Village
Los Angeles, California
MarketsPolicy

Regent Properties Proposes 303 For-Sale Homes in Valley Village

Regent Properties has submitted plans to the City of Los Angeles for a significant residential development at 12755 Burbank Boulevard in Valley Village. The project aims to transform a 19-acre former ABC Radio broadcast facility into 303 for-sale homes, including single-family residences and townhomes, with a portion reserved for lower-income households.

Read articleNews from Los Angeles, Los Angeles County, California
Regent Properties Proposes 303 Homes on Former ABC Radio Site in Los Angeles' Valley Village
Los Angeles, California
PolicyZoning

Regent Properties Proposes 303 Homes on Former ABC Radio Site in Los Angeles’ Valley Village

Regent Properties has submitted plans to the City of Los Angeles for a new residential development featuring over 300 for-sale homes, including single-family residences and townhomes, on a 19-acre property in Valley Village. The project, located at 12755 Burbank Boulevard, will also incorporate publicly accessible green space and streetscape improvements.

Read articleNews from Los Angeles, Los Angeles County, California
Regent Properties Files Plans for 303 For-Sale Homes in Los Angeles' Valley Village
Los Angeles, California
PolicyZoning

Regent Properties Files Plans for 303 For-Sale Homes in Los Angeles’ Valley Village

A 19-acre former ABC Radio broadcast facility at 12755 Burbank Boulevard is slated for redevelopment into a mix of single-family homes and townhomes, with a portion designated for lower-income households.

Read articleNews from Los Angeles, Los Angeles County, California
Regent Properties Proposes 303 For-Sale Homes on Former ABC Radio Site in Los Angeles
Los Angeles, California
MarketsPolicy

Regent Properties Proposes 303 For-Sale Homes on Former ABC Radio Site in Los Angeles

A 19-acre property at 12755 Burbank Boulevard in Valley Village, previously an ABC Radio broadcast facility, is slated for redevelopment into a mix of single-family homes and townhomes, with a portion reserved for lower-income buyers.

Read articleNews from Los Angeles, Los Angeles County, California
Regent Properties Files Plans for 303 For-Sale Homes in Los Angeles' Valley Village
Los Angeles, California
MarketsPolicy

Regent Properties Files Plans for 303 For-Sale Homes in Los Angeles’ Valley Village

Regent Properties has submitted plans to the City of Los Angeles to transform a 19-acre former broadcast facility in Valley Village into a residential community featuring 303 new for-sale homes, including a mix of single-family residences and townhomes.

Read articleNews from Los Angeles, Los Angeles County, California
Wood Framing Rises for 124-Unit Affordable Housing Project in Los Angeles' Mid-City
Los Angeles, California
PolicyZoning

Wood Framing Rises for 124-Unit Affordable Housing Project in Los Angeles’ Mid-City

A new affordable housing development by Orion Capital at 5110 Washington Boulevard will feature 124 apartments and received approvals through density bonus incentives and Executive Directive 1. The six-story building is designed by JPark Architects.

Read articleNews from Los Angeles, Los Angeles County, California
Wood Framing Advances on 124-Unit Affordable Housing Project in Los Angeles' Mid-City
Los Angeles, California
PolicyZoning

Wood Framing Advances on 124-Unit Affordable Housing Project in Los Angeles’ Mid-City

A new six-story affordable housing development by Orion Capital is progressing with wood framing at 5110 Washington Boulevard, featuring 124 apartments and leveraging density bonus incentives and Executive Directive 1 for streamlined approvals.

Read articleNews from Los Angeles, Los Angeles County, California
Wood Framing Underway for 124-Unit Affordable Housing in Los Angeles' Mid-City
Los Angeles, California
DealsPolicy

Wood Framing Underway for 124-Unit Affordable Housing in Los Angeles’ Mid-City

A new six-story affordable housing complex featuring 124 apartments is seeing wood framing rise at 5110 Washington Boulevard in Los Angeles. The project leveraged density bonus incentives and Executive Directive 1 for its streamlined approvals.

Read articleNews from Los Angeles, Los Angeles County, California
Wood Framing Advances on 124-Unit Affordable Housing Project in Los Angeles' Mid-City
Los Angeles, California
MarketsPolicy

Wood Framing Advances on 124-Unit Affordable Housing Project in Los Angeles’ Mid-City

A new six-story affordable housing development by Orion Capital is advancing construction at 5110 Washington Boulevard, utilizing density bonus incentives and streamlined approvals from Executive Directive 1 to deliver 124 apartments.

Read articleNews from Los Angeles, Los Angeles County, California
Echelon Studios Hollywood Nears Completion, Offering Vertical Production Facilities and Sky Bungalows
Los Angeles, California
MarketsPolicy

Echelon Studios Hollywood Nears Completion, Offering Vertical Production Facilities and Sky Bungalows

Developer David Simon's $450 million Echelon Studios Hollywood, a vertically integrated production facility on a 5-acre site, is set to open early next year, aiming to attract film and TV production back to Los Angeles despite a recent industry downturn.

Read articleNews from Los Angeles, Los Angeles County, California
$450 Million Vertical Studio Development Nears Completion in Hollywood Amid Production Slump
Los Angeles, California
MarketsPolicy

$450 Million Vertical Studio Development Nears Completion in Hollywood Amid Production Slump

Echelon Studios Hollywood, a $450 million project, is set to open early next year, packing five soundstages and extensive production facilities onto a compact 5-acre site. Developer David Simon is betting on a local production rebound, supported by expanded film incentives, despite a significant downturn in the entertainment industry.

Read articleNews from Los Angeles, Los Angeles County, California
Echelon Studios Hollywood Bets $450 Million on Vertical Design to Revitalize Local Production
Los Angeles, California
MarketsPolicy

Echelon Studios Hollywood Bets $450 Million on Vertical Design to Revitalize Local Production

Developer David Simon is constructing Echelon Studios Hollywood, a $450 million project on a 5-acre site. It features five soundstages and production facilities vertically integrated into a single building, topped with unique "sky bungalows," aiming to attract film and television production back to Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
Echelon Studios Hollywood Nears Completion, a $450 Million Vertical Studio Project
Los Angeles, California
CompaniesMarkets

Echelon Studios Hollywood Nears Completion, a $450 Million Vertical Studio Project

A $450 million studio development in Hollywood is nearing completion, packing five soundstages and production facilities onto a 5-acre site with a unique vertical design, aiming to attract filmmakers back to Los Angeles despite a recent industry downturn.

Read articleNews from Los Angeles, Los Angeles County, California
Echelon Studios Hollywood: $450 Million Vertical Production Facility Nears Completion Amid Industry Downturn
Los Angeles, California
CompaniesMarkets

Echelon Studios Hollywood: $450 Million Vertical Production Facility Nears Completion Amid Industry Downturn

A new $450 million studio complex, Echelon Studios Hollywood, is set to open next year on a 5-acre site, featuring stacked soundstages and unique sky bungalows, despite a recent decline in local film and TV production. Developer David Simon is banking on expanded film incentives and a unique design to attract productions back to Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
$450 Million Echelon Studios Hollywood Nears Completion with Stacked Soundstages
Los Angeles, California
CompaniesMarkets

$450 Million Echelon Studios Hollywood Nears Completion with Stacked Soundstages

Developer David Simon is advancing a $450 million project, Echelon Studios Hollywood, on a 5-acre site, featuring five stacked soundstages and production facilities, aiming to attract film and TV production back to Los Angeles despite a recent downturn.

Read articleNews from Los Angeles, Los Angeles County, California
Echelon Studios Hollywood Unveils $450 Million Vertical Studio Amid Production Downturn
Los Angeles, California
CompaniesMarkets

Echelon Studios Hollywood Unveils $450 Million Vertical Studio Amid Production Downturn

Developer David Simon is constructing Echelon Studios Hollywood, a $450-million, five-soundstage facility on a compact 5-acre site, designed to attract film and television production back to Los Angeles despite a recent industry slowdown. The project features an innovative stacked design and unique 'sky bungalows' atop the building.

Read articleNews from Los Angeles, Los Angeles County, California
Digital Realty to Develop Subsea Cable Landing Station at El Segundo Data Center
El Segundo, California
CompaniesInfrastructure

Digital Realty to Develop Subsea Cable Landing Station at El Segundo Data Center

Digital Realty, in collaboration with Assured Communications, plans to integrate a new cable landing station within its LAX12 data center in El Segundo, California. This initiative aims to provide direct subsea cable connectivity for the Los Angeles metropolitan area, with operations expected to commence by 2028.

Read articleNews from El Segundo, Los Angeles County, California
Digital Realty to Develop Subsea Cable Landing Station within El Segundo Data Center
El Segundo, California
CompaniesInfrastructure

Digital Realty to Develop Subsea Cable Landing Station within El Segundo Data Center

The project at the LAX12 facility in El Segundo, California, aims to provide a direct connection for subsea cables from Asia-Pacific to North America, integrating international capacity with terrestrial networks. This initiative, in partnership with Assured Communications, is expected to support cable operations by 2028.

Read articleNews from El Segundo, Los Angeles County, California
Digital Realty to Develop Subsea Cable Landing Station within El Segundo Data Center
El Segundo, California
CompaniesInfrastructure

Digital Realty to Develop Subsea Cable Landing Station within El Segundo Data Center

Digital Realty, in partnership with Assured Communications, will integrate a cable landing station into its LAX12 data center in El Segundo, California, enhancing subsea connectivity for the Los Angeles metro area. This project aims to streamline the connection of international subsea cables to terrestrial networks and cloud providers by 2028.

Read articleNews from El Segundo, Los Angeles County, California
Digital Realty to Develop Subsea Cable Landing Station within El Segundo Data Center
El Segundo, California
CompaniesInfrastructure

Digital Realty to Develop Subsea Cable Landing Station within El Segundo Data Center

Digital Realty, in partnership with Assured Communications, is developing a new cable landing station inside its LAX12 data center in El Segundo, California. This project aims to integrate subsea capacity directly into terrestrial networks for Asia-Pacific to North America routes, with operations expected to begin in 2028.

Read articleNews from El Segundo, Los Angeles County, California
Digital Realty to Develop Subsea Cable Landing Station at El Segundo Data Center
El Segundo, California
CompaniesInfrastructure

Digital Realty to Develop Subsea Cable Landing Station at El Segundo Data Center

Digital Realty is partnering with Assured Communications to build a new cable landing station within its LAX12 data center in El Segundo, California. This project aims to provide a direct connection for subsea cables from Asia-Pacific to North America into established terrestrial networks, enhancing international data capacity.

Read articleNews from El Segundo, Los Angeles County, California
Digital Realty to Develop Subsea Cable Landing Station within El Segundo Data Center
El Segundo, California
InfrastructureTechnology

Digital Realty to Develop Subsea Cable Landing Station within El Segundo Data Center

Digital Realty is partnering with Assured Communications to develop a new subsea cable landing station inside its LAX12 data center in El Segundo, California. This project will provide a direct connection for high-capacity subsea cables from Asia-Pacific into terrestrial networks and data centers, expected to be operational by 2028.

Read articleNews from El Segundo, Los Angeles County, California
InfinitSpace Enters U.S. Market with 32,000 SF Coworking Lease in Downtown Los Angeles
Los Angeles, California
CompaniesDeals

InfinitSpace Enters U.S. Market with 32,000 SF Coworking Lease in Downtown Los Angeles

European flexible workspace operator InfinitSpace has secured its first U.S. location, signing a long-term management partnership for 32,000 square feet in Downtown Los Angeles' historic Desmond’s Building, with plans for 30 nationwide sites.

Read articleNews from Los Angeles, Los Angeles County, California
Lakewood, California
DealsMarkets

Two-Tenant Retail Property in Lakewood Center Sells for $38.7 Million

A consortium of owners has sold a 154,997-square-foot retail asset within Lakewood Center in Lakewood, California, for $38.7 million to a high-net-worth family office. The property is anchored by The Home Depot and Albertsons, both operating under long-term ground leases.

Read articleNews from Lakewood, Los Angeles County, California
Construction Advances for Culver Commons Retail Project in Culver City
Culver City, California
CompaniesMarkets

Construction Advances for Culver Commons Retail Project in Culver City

The Culver Commons development, located at Washington Boulevard and Centinela Avenue, is seeing significant construction progress with concrete and wood framing underway. This project will deliver 13,000 square feet of restaurant space and parking, with several tenants already secured.

Read articleNews from Culver City, Los Angeles County, California
Culver Commons Retail Project Advances Towards 2027 Completion in Culver City
Culver City, California
DealsMarkets

Culver Commons Retail Project Advances Towards 2027 Completion in Culver City

The Culver Commons development, featuring 13,000 square feet of restaurant space and 145 parking spots, is progressing with concrete and wood framing at Washington Boulevard and Centinela Avenue. Several tenants, including Vox Kitchen and Smog City Brewing Co., have already secured leases for the site.

Read articleNews from Culver City, Los Angeles County, California
Alliant Communities Plans 200-Unit Affordable Housing Project in Northridge
Los Angeles, California
DealsPolicy

Alliant Communities Plans 200-Unit Affordable Housing Project in Northridge

A former Rite Aid site at 18444 Plummer Street in Los Angeles's Northridge neighborhood is slated for redevelopment into a six-story building offering 200 affordable apartments, with construction anticipated to begin in early 2027.

Read articleNews from Los Angeles, Los Angeles County, California
200-Unit Affordable Housing Project Planned for Former Rite Aid Site in Northridge
Los Angeles, California
PolicyRegulation

200-Unit Affordable Housing Project Planned for Former Rite Aid Site in Northridge

Developer Alliant Communities is set to transform a 1.45-acre corner lot in Northridge into a six-story building offering 200 affordable apartments. The City of Los Angeles is pursuing over $23 million in federal funding to support this significant housing development.

Read articleNews from Los Angeles, Los Angeles County, California
Framing Complete for 40-Unit Mixed-Use Development on Pico Boulevard in Los Angeles
Los Angeles, California
CompaniesPolicy

Framing Complete for 40-Unit Mixed-Use Development on Pico Boulevard in Los Angeles

A new project by APPA Real Estate and M. Reinis Development, located in Los Angeles' Mid-City, features 40 apartments and ground-floor retail. It leverages Transit Oriented Communities incentives, with four units reserved for extremely low-income affordable housing.

Read articleNews from Los Angeles, Los Angeles County, California
Mid-City Mixed-Use Project with 40 Apartments Nears Completion on Pico Boulevard
Los Angeles, California
MarketsPolicy

Mid-City Mixed-Use Project with 40 Apartments Nears Completion on Pico Boulevard

A seven-story development by APPA Real Estate and M. Reinis Development is nearing completion at 5560-5566 W. Pico Boulevard, featuring 40 apartments and ground-floor retail, enabled by Transit Oriented Communities incentives.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves $467 Million Affordable Housing Fund, Drawing from Measure ULA
Los Angeles, California
MarketsPolicy

Los Angeles City Council Approves $467 Million Affordable Housing Fund, Drawing from Measure ULA

The Los Angeles City Council has authorized a second round of its Homes for L.A. program, allocating $467 million for affordable housing initiatives. A significant portion, $324 million, will be sourced from Measure ULA, the city's high-value property transfer tax.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves $467 Million Affordable Housing Fund, Largely Backed by Measure ULA
Los Angeles, CaliforniaTrending
PolicyRegulation

Los Angeles City Council Approves $467 Million Affordable Housing Fund, Largely Backed by Measure ULA

The Los Angeles City Council has authorized a significant new funding round for affordable housing, with the majority of the capital sourced from Measure ULA, the city's high-value property transfer tax. This second round of the Homes for L.A. program is larger than its predecessor and aims to support various housing initiatives.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves $467 Million Affordable Housing Fund, Largely Backed by Measure ULA
Los Angeles, California
MarketsPolicy

Los Angeles City Council Approves $467 Million Affordable Housing Fund, Largely Backed by Measure ULA

The Los Angeles City Council has authorized a second round of its Homes for L.A. program, allocating $467 million for affordable housing initiatives. A significant portion of this funding, $324 million, is derived from the Measure ULA transfer tax, aiming to support new construction, preservation, and operating assistance for various housing projects across the city.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves $467 Million Affordable Housing Fund, $324 Million from Measure ULA
Los Angeles, California
MarketsPolicy

Los Angeles City Council Approves $467 Million Affordable Housing Fund, $324 Million from Measure ULA

The Los Angeles City Council has authorized a new $467 million funding round for affordable housing, with a significant portion sourced from the city's Measure ULA transfer tax. This second round of the Homes for L.A. program aims to support various housing initiatives, despite ongoing debate about the tax's broader market impact.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Allocates $467 Million for Affordable Housing, With $324 Million from Measure ULA
Los Angeles, California
PolicyRegulation

Los Angeles Allocates $467 Million for Affordable Housing, With $324 Million from Measure ULA

The Los Angeles City Council has approved a new $467 million funding round for affordable housing initiatives, drawing a significant portion from the controversial Measure ULA transfer tax on high-value property sales. This second round of the Homes for L.A. program is 20% larger than the previous allocation.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves $467 Million Affordable Housing Fund, $324 Million from Measure ULA
Los Angeles, California
MarketsPolicy

Los Angeles City Council Approves $467 Million Affordable Housing Fund, $324 Million from Measure ULA

The Los Angeles City Council has authorized a new $467 million funding round for affordable housing, with a significant portion, $324 million, derived from the Measure ULA transfer tax. This second allocation through the Homes for L.A. program aims to support various housing initiatives, despite ongoing debate about the tax's broader economic impact.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves $467 Million Affordable Housing Fund, Majority from Measure ULA
Los Angeles, California
MarketsPolicy

Los Angeles City Council Approves $467 Million Affordable Housing Fund, Majority from Measure ULA

The Los Angeles City Council has authorized a second $467 million funding round for affordable housing, with $324 million sourced from the Measure ULA transfer tax. This initiative, opening October 13, aims to finance new construction, preserve existing units, and support community land trusts, despite ongoing debate about the tax's economic impact.

Read articleNews from Los Angeles, Los Angeles County, California
Tutor Perini Subsidiaries Secure $88.2 Million in Infrastructure Contracts
Sylmar, California
CompaniesDeals

Tutor Perini Subsidiaries Secure $88.2 Million in Infrastructure Contracts

Sylmar-based Tutor Perini Corp. announced two new contracts totaling $88.2 million, awarded to its subsidiaries for bridge reconstruction in Guam and facility improvements for the U.S. Coast Guard in Oregon.

Read articleNews from Sylmar, Los Angeles County, California
Sylmar-Based Tutor Perini Secures $88 Million in New Construction Contracts
Los Angeles, California
CompaniesDeals

Sylmar-Based Tutor Perini Secures $88 Million in New Construction Contracts

Tutor Perini Corp., headquartered in Sylmar, has been awarded two new contracts totaling $88.2 million for infrastructure projects in Guam and Oregon, adding to its substantial project backlog.

Read articleNews from Los Angeles, Los Angeles County, California
Tutor Perini Subsidiaries Secure $88 Million in New Construction Contracts
Los Angeles, California
CompaniesDeals

Tutor Perini Subsidiaries Secure $88 Million in New Construction Contracts

Sylmar-based Tutor Perini Corp. announced that its subsidiaries have been awarded two new contracts totaling $88.2 million for infrastructure projects in Guam and Oregon, adding to its substantial backlog.

Read articleNews from Los Angeles, Los Angeles County, California
Tutor Perini Secures $88 Million in New Infrastructure Contracts
Los Angeles, California
CompaniesDeals

Tutor Perini Secures $88 Million in New Infrastructure Contracts

Sylmar-based civil construction firm Tutor Perini Corp. recently announced two new contracts totaling $88.2 million for bridge reconstruction in Guam and Coast Guard facility improvements in Oregon, adding to its substantial project backlog.

Read articleNews from Los Angeles, Los Angeles County, California
Tutor Perini Subsidiaries Secure $88 Million in Infrastructure Contracts for Guam and Oregon
Los Angeles, California
CompaniesDeals

Tutor Perini Subsidiaries Secure $88 Million in Infrastructure Contracts for Guam and Oregon

Sylmar-based Tutor Perini Corp. subsidiaries have been awarded two new contracts totaling $88.2 million for bridge reconstruction in Guam and U.S. Coast Guard facility upgrades in Astoria, Oregon. These projects will contribute to the firm's third-quarter backlog.

Read articleNews from Los Angeles, Los Angeles County, California
Pasadena's Calstart Rebrands as Catalyst Mobility, Expands Zero-Emission Vehicle Initiatives with Forth Merger
Pasadena, California
InfrastructurePolicy

Pasadena’s Calstart Rebrands as Catalyst Mobility, Expands Zero-Emission Vehicle Initiatives with Forth Merger

Pasadena-based zero-emission vehicle consortium Calstart has officially rebranded as Catalyst Mobility and absorbed Oregon nonprofit Forth, aiming to accelerate the deployment of electric vehicles and related infrastructure nationally. This strategic expansion follows new leadership and seeks to scale clean transportation efforts beyond California.

Read articleNews from Pasadena, Los Angeles County, California
Walnut Tech Business Center in California Acquired for $60.6 Million
Walnut, California
DealsMarkets

Walnut Tech Business Center in California Acquired for $60.6 Million

CIP Real Estate II LLC has purchased the 200,049-square-foot Walnut Tech Business Center in Walnut, California, from AEW for $60.6 million. The shallow-bay business park, comprising 11 buildings with 109 suites, is currently 94 percent leased.

Read articleNews from Walnut, Los Angeles County, California
Modular Units Stacked for 290-Unit Affordable Housing Project in East Hollywood
Los Angeles, California
CompaniesPolicy

Modular Units Stacked for 290-Unit Affordable Housing Project in East Hollywood

A new seven-story building featuring 290 affordable apartments is rapidly taking shape in East Hollywood, utilizing modular construction methods. The project by Thrive Living was entitled through Executive Directive 1, streamlining its development process.

Read articleNews from Los Angeles, Los Angeles County, California
Modular Construction Advances on 290-Unit Affordable Housing Project in East Hollywood
Los Angeles, California
MarketsPolicy

Modular Construction Advances on 290-Unit Affordable Housing Project in East Hollywood

Thrive Living's 290-unit affordable housing complex at 1141 N. Vermont Avenue in East Hollywood is advancing with modular construction. The seven-story building, entitled via Executive Directive 1, will serve households earning up to 80% of the area median income.

Read articleNews from Los Angeles, Los Angeles County, California
Modular Construction Accelerates 290-Unit Affordable Housing in Los Angeles' East Hollywood
Los Angeles, California
MarketsPolicy

Modular Construction Accelerates 290-Unit Affordable Housing in Los Angeles’ East Hollywood

Thrive Living's 290-unit affordable housing development at 1141 N. Vermont Avenue in East Hollywood is seeing modular units stacked, eight months after construction began. The project, designed by Gary Leonard Rios, utilizes Executive Directive 1 for streamlined entitlement and will offer studio to three-bedroom apartments.

Read articleNews from Los Angeles, Los Angeles County, California
In-N-Out Proposes New Drive-Through Restaurant in Los Angeles' Rancho Park
Los Angeles, California
PolicyRegulation

In-N-Out Proposes New Drive-Through Restaurant in Los Angeles’ Rancho Park

In-N-Out Burger has filed plans with the City of Los Angeles for a new 3,890-square-foot drive-through restaurant at 2927-2969 Sepulveda Boulevard in Rancho Park. The project requires a zone variance for parking on residential-zoned land and a conditional use permit for its drive-through.

Read articleNews from Los Angeles, Los Angeles County, California
In-N-Out Proposes New Drive-Through Restaurant in Los Angeles's Rancho Park
Los Angeles, California
PolicyRegulation

In-N-Out Proposes New Drive-Through Restaurant in Los Angeles’s Rancho Park

Fast-food chain In-N-Out has filed plans with the City of Los Angeles to develop a new 3,890-square-foot restaurant, requiring specific zoning approvals for its location on Sepulveda Boulevard.

Read articleNews from Los Angeles, Los Angeles County, California
Glendale Debuts Pioneer Village, Its Largest Affordable Housing Development
Glendale, California
MarketsPolicy

Glendale Debuts Pioneer Village, Its Largest Affordable Housing Development

A new 340-unit affordable housing complex, Pioneer Village, has been completed in Glendale, marking the city's largest project of its kind. Developed by Linc Housing Corp. and National CORE, the property offers studio, one-, and two-bedroom apartments for seniors and families.

Read articleNews from Glendale, Los Angeles County, California
AECOM Advisory CEO on Industry Evolution and Diverse Leadership in Construction
Los Angeles, California
CompaniesInfrastructure

AECOM Advisory CEO on Industry Evolution and Diverse Leadership in Construction

Jill Hudkins, CEO of AECOM Advisory, discusses the evolving landscape of the construction industry, highlighting the increasing presence of women in leadership roles and the strategic importance of diverse perspectives for successful infrastructure and development projects.

Read articleNews from Los Angeles, Los Angeles County, California
KFA Architecture Elevates Tarrah Beebe to Partner
Los Angeles, California
CompaniesPolicy

KFA Architecture Elevates Tarrah Beebe to Partner

Tarrah Beebe, an architect with 21 years at KFA, has been elevated to partner, bringing her extensive expertise in adaptive reuse, education, hospitality, and community-focused projects to the firm's leadership alongside Lise Bornstein and John Arnold.

Read articleNews from Los Angeles, Los Angeles County, California
AEW Sells Walnut Tech Business Center to CIP Real Estate for $60.7M
Walnut, California
DealsMarkets

AEW Sells Walnut Tech Business Center to CIP Real Estate for $60.7M

AEW has completed the sale of the 200,000-square-foot Walnut Tech Business Center in Walnut, California, to CIP Real Estate II LLC for $60.7 million, a transaction facilitated by JLL Capital Markets.

Read articleNews from Walnut, Los Angeles County, California
West Adams Site to Host Four Small Lot Houses, Leveraging SB 684
Los Angeles, California
PolicyZoning

West Adams Site to Host Four Small Lot Houses, Leveraging SB 684

A single-family property in Los Angeles' West Adams neighborhood is slated for redevelopment into a small lot subdivision featuring four new homes, two of which will include junior accessory dwelling units, utilizing California's SB 684 provisions.

Read articleNews from Los Angeles, Los Angeles County, California
Four Small Lot Homes with ADUs Proposed in Los Angeles' West Adams
Los Angeles, California
PolicyZoning

Four Small Lot Homes with ADUs Proposed in Los Angeles’ West Adams

A new application in West Adams seeks to replace a single-family home with a four-unit small lot subdivision, incorporating junior accessory dwelling units and leveraging state housing legislation for streamlined approval.

Read articleNews from Los Angeles, Los Angeles County, California
Small Lot Subdivision with ADUs Proposed in Los Angeles' West Adams Neighborhood
Los Angeles, California
MarketsPolicy

Small Lot Subdivision with ADUs Proposed in Los Angeles’ West Adams Neighborhood

A new application to the Los Angeles Department of City Planning details a project to replace an existing single-family home with four new residences, two of which will include junior accessory dwelling units, in West Adams.

Read articleNews from Los Angeles, Los Angeles County, California
Four Small Lot Homes with ADUs Planned in Los Angeles' West Adams
Los Angeles, California
PolicyZoning

Four Small Lot Homes with ADUs Planned in Los Angeles’ West Adams

A new application proposes replacing a single-family home in Los Angeles' West Adams with a four-unit small lot subdivision. Located at 5323 W. Blackwelder Street, the project includes two junior ADUs and utilizes California's SB 684 for streamlined approval and reduced parking requirements due to transit proximity.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Office Market Sees Fragmented Recovery, Strong Submarkets Emerge
Los Angeles, California
CompaniesMarkets

Los Angeles Office Market Sees Fragmented Recovery, Strong Submarkets Emerge

Despite a challenging national reputation, the Los Angeles office market is not uniform, with specific submarkets demonstrating resilience and attracting tenants and lender interest.

Read articleNews from Los Angeles, Los Angeles County, California
Strauss Investments Acquires Valencia Office Campus from Harbor Associates for $32 Million
Santa Clarita, California
DealsMarkets

Strauss Investments Acquires Valencia Office Campus from Harbor Associates for $32 Million

San Diego-based Strauss Investments has purchased the 157,189-square-foot Commons at Valencia, a Class A office property, from Harbor Associates for $32 million, reflecting investor confidence in the Santa Clarita market.

Read articleNews from Santa Clarita, Los Angeles County, California
Pasadena Design Commission Reviews Revised Plans for 32-Unit Infill Project on N. Marengo Avenue
Pasadena, California
PolicyRegulation

Pasadena Design Commission Reviews Revised Plans for 32-Unit Infill Project on N. Marengo Avenue

A proposed 32-apartment development at 810 N. Marengo Avenue in Pasadena has undergone further design revisions to better integrate with the surrounding neighborhood, receiving conditional approval recommendation from city staff.

Read articleNews from Pasadena, Los Angeles County, California
Pasadena Design Commission Reviews Revised Plans for 32-Unit Infill Apartment Project
Pasadena, California
PolicyZoning

Pasadena Design Commission Reviews Revised Plans for 32-Unit Infill Apartment Project

A proposed three-story, 32-apartment building at 810 N. Marengo Avenue in Pasadena has undergone further design revisions to better integrate with its surroundings, addressing prior feedback from the Design Commission.

Read articleNews from Pasadena, Los Angeles County, California
Pasadena Infill Housing Project at 810 N. Marengo Ave. Advances with Design Approval
Pasadena, California
PolicyZoning

Pasadena Infill Housing Project at 810 N. Marengo Ave. Advances with Design Approval

A proposed 32-unit apartment building in Pasadena has received conditional design approval from the city's Design Commission after incorporating revisions to better align with the aesthetic of surrounding structures. The project utilizes density bonus incentives and includes very low-income housing.

Read articleNews from Pasadena, Los Angeles County, California
Pasadena Design Commission Reviews Revised Infill Housing Project at 810 N. Marengo Avenue
Pasadena, California
PolicyRegulation

Pasadena Design Commission Reviews Revised Infill Housing Project at 810 N. Marengo Avenue

A proposed 32-unit infill apartment building in Pasadena has undergone further design revisions to align with community aesthetics, leading to a recommendation for conditional approval from the city's Design Commission. The project incorporates density bonus incentives and includes units for very low-income households.

Read articleNews from Pasadena, Los Angeles County, California
CIM Group Completes 47-Unit Apartment Project in Los Angeles' West Adams Neighborhood
Los Angeles, California
PolicyZoning

CIM Group Completes 47-Unit Apartment Project in Los Angeles’ West Adams Neighborhood

Developer CIM Group has finished a six-story, 47-unit apartment complex at 2535 Alsace Avenue in West Adams, leveraging development incentives to increase density while including affordable housing.

Read articleNews from Los Angeles, Los Angeles County, California
CIM Group Completes 47-Unit Apartment Complex with Affordable Housing in West Adams
Los Angeles, California
MarketsPolicy

CIM Group Completes 47-Unit Apartment Complex with Affordable Housing in West Adams

A new six-story residential building featuring 47 apartments and ground-floor office space has been completed by CIM Group in Los Angeles's West Adams neighborhood, utilizing development incentives for increased density.

Read articleNews from Los Angeles, Los Angeles County, California
Eldercare Complex Proposed for Chatsworth Site Utilizing City Incentives
Los Angeles, California
PolicyRegulation

Eldercare Complex Proposed for Chatsworth Site Utilizing City Incentives

A new three-story eldercare facility, featuring 182 units across independent, assisted, and memory care, is planned for a former adult daycare site at 10963 N. Old Santa Susana Pass Road in Chatsworth, Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
CIM Group Completes 47-Unit Apartment Project in West Adams, Los Angeles
Los Angeles, California
PolicyZoning

CIM Group Completes 47-Unit Apartment Project in West Adams, Los Angeles

Developer CIM Group has finished a six-story, 47-unit apartment building at 2535 Alsace Avenue in Los Angeles' West Adams neighborhood, leveraging development incentives for increased density. Four of the new units are designated for very low-income households.

Read articleNews from Los Angeles, Los Angeles County, California
CIM Group Completes 47-Unit Apartment Project in Los Angeles' West Adams, Utilizing Zoning Incentives
Los Angeles, California
CompaniesPolicy

CIM Group Completes 47-Unit Apartment Project in Los Angeles’ West Adams, Utilizing Zoning Incentives

Mid-Wilshire-based CIM Group has finished a six-story, 47-unit residential building at 2535 Alsace Avenue, incorporating affordable housing in exchange for increased density.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Office Market Sees Half of Sales Close at a Loss Over Past Year
Los Angeles, California
CompaniesMarkets

Los Angeles Office Market Sees Half of Sales Close at a Loss Over Past Year

Over the last year, 50% of office property transactions in the Los Angeles metropolitan area resulted in losses for sellers, largely driven by lender-initiated sales and a general economic slowdown. This trend highlights a challenging environment for commercial real estate in the region.

Read articleNews from Los Angeles, Los Angeles County, California
Pistola Denim Secures 17,922 SF Office Lease at ROW DTLA in Downtown Los Angeles
Los Angeles, California
DealsMarkets

Pistola Denim Secures 17,922 SF Office Lease at ROW DTLA in Downtown Los Angeles

Womenswear brand Pistola Denim has signed a significant 17,922-square-foot office lease at Atlas Capital Group's ROW DTLA complex. This move brings their creative team from Vernon to Downtown Los Angeles, further solidifying ROW DTLA as a hub for fashion and creative industries.

Read articleNews from Los Angeles, Los Angeles County, California
Toll Brothers Begins Construction on 43 Homes at Former Church Site in Redondo Beach
Redondo Beach, California
MarketsPolicy

Toll Brothers Begins Construction on 43 Homes at Former Church Site in Redondo Beach

Toll Brothers has commenced construction on a 43-home townhome community in Redondo Beach, located on the site of a former Catholic church. The project, which includes three very low-income units, received city approvals in February 2026.

Read articleNews from Redondo Beach, Los Angeles County, California
Toll Brothers Begins Construction on 43-Home Development in Redondo Beach
Redondo Beach, California
MarketsPolicy

Toll Brothers Begins Construction on 43-Home Development in Redondo Beach

A new residential project by Toll Brothers is underway at 122 Pacific Coast Highway, bringing 43 townhomes to the Redondo Beach area, with model homes anticipated to open in 2027. The development, which secured approvals in February 2026, includes units designated for very low-income households.

Read articleNews from Redondo Beach, Los Angeles County, California
Toll Brothers Begins Construction on 43-Home Project in Redondo Beach
Redondo Beach, California
MarketsPolicy

Toll Brothers Begins Construction on 43-Home Project in Redondo Beach

Toll Brothers has commenced work on a 43-unit residential community at 122 Pacific Coast Highway in Redondo Beach, a development that received city approvals earlier this year and includes affordable housing provisions.

Read articleNews from Redondo Beach, Los Angeles County, California
Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects
Los Angeles, CaliforniaTrending
MarketsPolicy

Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects

The Los Angeles City Council has unanimously approved a historic $466.6 million in funding, primarily sourced from Measure ULA, to support new construction and renovation of affordable housing across the city. This record allocation aims to boost development efforts by various organizations and address the local housing shortage.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects
Los Angeles, CaliforniaTrending
MarketsPolicy

Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects

The Los Angeles City Council has unanimously approved an unprecedented $466.6 million funding round for affordable housing, primarily sourced from Measure ULA, the city's mansion tax. This substantial investment will support new construction and renovation efforts by developers, nonprofits, and land trusts across the city.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects
Los Angeles, CaliforniaTrending
MarketsPolicy

Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects

The Los Angeles City Council has unanimously approved a historic $466.6 million funding round for affordable housing, primarily sourced from Measure ULA, to support new construction and renovation across the city.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves Record $466.6 Million for Affordable Housing
Los Angeles, California
PolicyZoning

Los Angeles City Council Approves Record $466.6 Million for Affordable Housing

The Los Angeles City Council has unanimously approved an unprecedented $466.6 million in funding for affordable housing projects, primarily sourced from Measure ULA. This substantial investment aims to support developers, nonprofits, and land trusts in building and renovating affordable units across the city.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects
Los Angeles, CaliforniaTrending
MarketsPolicy

Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects

The Los Angeles City Council has unanimously approved a historic $466.6 million funding round for affordable housing, primarily sourced from Measure ULA. This substantial investment aims to support new construction and renovation projects by developers, nonprofits, and land trusts across the city.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects
Los Angeles, CaliforniaTrending
MarketsPolicy

Los Angeles City Council Approves Record $466.6 Million for Affordable Housing Projects

The funding, largely sourced from Measure ULA, will support new construction and renovation efforts by developers, nonprofits, and land trusts, marking the largest allocation in the city's housing department history. This initiative aims to address the critical need for affordable housing across the city.

Read articleNews from Los Angeles, Los Angeles County, California
Zara Expands Flagship Store to 45,000 Square Feet at Los Cerritos Center
Cerritos, California
CompaniesDeals

Zara Expands Flagship Store to 45,000 Square Feet at Los Cerritos Center

Fashion retailer Zara is significantly increasing its footprint at Macerich's Los Cerritos Center, nearly doubling its space to establish a new 45,000-square-foot flagship store by 2027. This substantial expansion underscores ongoing investment in physical retail within prominent Southern California shopping destinations.

Read articleNews from Cerritos, Los Angeles County, California
Decron Properties Acquires 163-Unit Mixed-Use Property in Los Angeles' Miracle Mile for $114 Million
Los Angeles, California
DealsMarkets

Decron Properties Acquires 163-Unit Mixed-Use Property in Los Angeles’ Miracle Mile for $114 Million

Locally based Decron Properties has expanded its portfolio with the acquisition of 5550 Wilshire, a significant mixed-use asset featuring 163 apartments and ground-floor retail space in a prime Los Angeles location.

Read articleNews from Los Angeles, Los Angeles County, California
San Pedro Mixed-Use Development by High Street Residential Begins Vertical Construction
San Pedro, California
CompaniesDeals

San Pedro Mixed-Use Development by High Street Residential Begins Vertical Construction

The Jules San Pedro project, a joint venture with Haseko North America, is now rising vertically at 625 S. Beacon Street, bringing 281 new apartments and ground-floor commercial space to the Los Angeles Waterfront area.

Read articleNews from San Pedro, Los Angeles County, California
Mixed-Use Development 'Jules San Pedro' Begins Vertical Construction
Los Angeles, California
CompaniesDeals

Mixed-Use Development ‘Jules San Pedro’ Begins Vertical Construction

The 281-unit apartment complex, a joint venture by High Street Residential and Haseko North America, will also include ground-floor commercial space and is slated for completion by Q2 2028.

Read articleNews from Los Angeles, Los Angeles County, California
Construction Advances on 281-Unit Mixed-Use Development in San Pedro
Los Angeles, California
CompaniesMarkets

Construction Advances on 281-Unit Mixed-Use Development in San Pedro

The Jules San Pedro project, a joint venture by High Street Residential and Haseko North America, is now going vertical in the San Pedro neighborhood of Los Angeles, bringing 281 new apartments and commercial space to the area.

Read articleNews from Los Angeles, Los Angeles County, California
Mixed-Use Apartment Project Begins Vertical Construction in San Pedro
Los Angeles, California
CompaniesMarkets

Mixed-Use Apartment Project Begins Vertical Construction in San Pedro

The Jules San Pedro development, a joint venture by High Street Residential and Haseko North America, is now rising at 155 W. 6th Street. This eight-story building will feature 281 apartments and ground-floor commercial space, with completion anticipated by Q2 2028.

Read articleNews from Los Angeles, Los Angeles County, California
Vertical Construction Underway for 281-Unit Mixed-Use Project in San Pedro
Los Angeles, California
CompaniesMarkets

Vertical Construction Underway for 281-Unit Mixed-Use Project in San Pedro

The Jules San Pedro development, a joint venture by High Street Residential and Haseko North America, has begun vertical construction seven months after breaking ground, aiming for completion by Q2 2028. This eight-story building will feature 281 apartments and ground-floor commercial space near the Los Angeles Waterfront.

Read articleNews from Los Angeles, Los Angeles County, California
Vertical Construction Progresses for 281-Unit Mixed-Use Development in San Pedro
Los Angeles, California
CompaniesDeals

Vertical Construction Progresses for 281-Unit Mixed-Use Development in San Pedro

Seven months after breaking ground, the Jules San Pedro mixed-use apartment complex from High Street Residential and Haseko North America is now seeing vertical construction at 155 W. 6th Street, bringing 281 new apartments and commercial space to the Los Angeles Waterfront area.

Read articleNews from Los Angeles, Los Angeles County, California
Framing Complete for 38-Unit Apartment Project with Affordable Housing in Sawtelle
Los Angeles, California
CompaniesPolicy

Framing Complete for 38-Unit Apartment Project with Affordable Housing in Sawtelle

A new multifamily residential development by RBM of California at 11250 La Grange Avenue in Sawtelle has completed its framing phase. The five-story building will feature 38 apartments, including five designated for very low-income households, enabled by density bonus incentives.

Read articleNews from Los Angeles, Los Angeles County, California
Framing Complete for 38-Unit Apartment Project in Sawtelle, Los Angeles
Los Angeles, California
PolicyZoning

Framing Complete for 38-Unit Apartment Project in Sawtelle, Los Angeles

A five-story residential building featuring 38 apartments, including five for very low-income households, has completed framing at 11250 La Grange Avenue in Sawtelle. Developed by RBM of California, the project utilized density bonus incentives.

Read articleNews from Los Angeles, Los Angeles County, California
Framing Complete for 38-Unit Apartment Project with Affordable Housing in Sawtelle
Los Angeles, California
PolicyZoning

Framing Complete for 38-Unit Apartment Project with Affordable Housing in Sawtelle

A new 38-unit apartment complex in Los Angeles's Sawtelle neighborhood, developed by RBM of California, has completed framing. The project utilizes density bonus incentives to allow for a larger structure, dedicating five units for very low-income households.

Read articleNews from Los Angeles, Los Angeles County, California
Framing Completed for 38-Unit Apartment Project with Affordable Housing in Sawtelle
Los Angeles, California
MarketsPolicy

Framing Completed for 38-Unit Apartment Project with Affordable Housing in Sawtelle

A new five-story multifamily development by RBM of California at 11250 La Grange Avenue in Sawtelle has completed framing. The project will offer 38 apartments, including five units designated for very low-income households, utilizing density bonus incentives to increase its scale.

Read articleNews from Los Angeles, Los Angeles County, California
Sawtelle Apartment Project with Affordable Units Reaches Framing Completion
Los Angeles, California
MarketsPolicy

Sawtelle Apartment Project with Affordable Units Reaches Framing Completion

A 38-unit multifamily development by RBM of California at 11250 La Grange Avenue in Los Angeles's Sawtelle neighborhood has completed its framing phase. The five-story building includes five apartments designated for very low-income households, facilitated by density bonus incentives.

Read articleNews from Los Angeles, Los Angeles County, California
West Hills Senior Affordable Housing Project Begins Site Work After Downsizing
Los Angeles, California
PolicyZoning

West Hills Senior Affordable Housing Project Begins Site Work After Downsizing

Site preparation has commenced for a senior affordable housing complex in West Hills, Los Angeles, which will now feature 160 units, a significant reduction from its originally approved 332 apartments.

Read articleNews from Los Angeles, Los Angeles County, California
Site Preparation Underway for Downsized Senior Affordable Housing in West Hills
Los Angeles, California
PolicyZoning

Site Preparation Underway for Downsized Senior Affordable Housing in West Hills

Site preparation has begun for a senior affordable housing complex in Los Angeles's West Hills. JZ Development, LLC's project will now deliver 160 units, down from the originally approved 332.

Read articleNews from Los Angeles, Los Angeles County, California
Senior Affordable Housing Project Commences Site Work in Los Angeles's West Hills
Los Angeles, California
PolicyZoning

Senior Affordable Housing Project Commences Site Work in Los Angeles’s West Hills

A previously approved senior affordable housing development at 7556-7572 N. Woodlake Avenue in West Hills has begun site preparation, albeit with a reduced scope of 160 residential units instead of the original 332.

Read articleNews from Los Angeles, Los Angeles County, California
Speakeasy Fitness Expands Los Angeles Portfolio with Office-to-Gym Conversions
Los Angeles, California
CompaniesMarkets

Speakeasy Fitness Expands Los Angeles Portfolio with Office-to-Gym Conversions

Gym operator Speakeasy Fitness has acquired an eight-figure property at 1336 N. La Brea Ave. for conversion into its eighth Los Angeles-area gym, continuing its strategy of owning and adapting former office and institutional buildings to control costs and secure locations.

Read articleNews from Los Angeles, Los Angeles County, California
CIP Real Estate Acquires San Gabriel Valley Industrial Park for $60.7 Million
Walnut, California
DealsMarkets

CIP Real Estate Acquires San Gabriel Valley Industrial Park for $60.7 Million

Irvine-based CIP Real Estate has purchased the 200,049-square-foot Walnut Tech Business Center in Los Angeles County, an 11-building industrial and flex complex, from an AEW affiliate. The firm plans a $3.5 million capital improvement program for the 92% leased property.

Read articleNews from Walnut, Los Angeles County, California
Hudson Pacific and Blackstone Secure 15-Month Extension for $1.1 Billion Hollywood Studio Loan
Los Angeles, California
DealsMarkets

Hudson Pacific and Blackstone Secure 15-Month Extension for $1.1 Billion Hollywood Studio Loan

A significant loan backed by 2.2 million square feet of prominent Hollywood studio properties has received a 15-month extension, providing crucial flexibility for the joint venture partners.

Read articleNews from Los Angeles, Los Angeles County, California
Hudson Pacific and Blackstone Secure 15-Month Extension for $1.1 Billion Hollywood Studio Loan
Los Angeles, California
CompaniesDeals

Hudson Pacific and Blackstone Secure 15-Month Extension for $1.1 Billion Hollywood Studio Loan

A joint venture between Hudson Pacific Properties and Blackstone has successfully extended the maturity date of a significant $1.1 billion loan for their 2.2 million-square-foot Hollywood studio portfolio to November 2027, providing crucial financial flexibility.

Read articleNews from Los Angeles, Los Angeles County, California
Hudson Pacific and Blackstone Secure 15-Month Extension on $1.1 Billion Hollywood Studio Loan
Los Angeles, California
CompaniesDeals

Hudson Pacific and Blackstone Secure 15-Month Extension on $1.1 Billion Hollywood Studio Loan

Hudson Pacific Properties and Blackstone have extended the maturity date for a significant $1.1 billion loan on their Hollywood studio portfolio until November 2027, providing crucial time for the REIT to stabilize its broader holdings. The agreement includes a new leasing reserve but no principal paydown.

Read articleNews from Los Angeles, Los Angeles County, California
Hudson Pacific and Blackstone Secure 15-Month Extension for $1.1 Billion Hollywood Studio Loan
Los Angeles, California
CompaniesDeals

Hudson Pacific and Blackstone Secure 15-Month Extension for $1.1 Billion Hollywood Studio Loan

A joint venture between Hudson Pacific Properties and Blackstone has extended the maturity of a $1.1 billion loan for three major Hollywood studio properties to November 2027, providing crucial time for the REIT to stabilize its broader portfolio.

Read articleNews from Los Angeles, Los Angeles County, California
Hudson Pacific and Blackstone Secure 15-Month Extension on $1.1 Billion Hollywood Studio Loan
Los Angeles, California
CompaniesDeals

Hudson Pacific and Blackstone Secure 15-Month Extension on $1.1 Billion Hollywood Studio Loan

Hudson Pacific Properties and Blackstone have successfully extended a $1.1 billion loan for their 2.2 million square feet of Hollywood studio assets, pushing the maturity to November 2027 without a principal paydown. This agreement includes funding a $20 million leasing reserve from excess cash flow.

Read articleNews from Los Angeles, Los Angeles County, California
Hudson Pacific and Blackstone Secure 15-Month Extension for $1.1 Billion Hollywood Studio Loan
Los Angeles, California
DealsMarkets

Hudson Pacific and Blackstone Secure 15-Month Extension for $1.1 Billion Hollywood Studio Loan

A joint venture between Hudson Pacific Properties and Blackstone has successfully extended the maturity of a $1.1 billion loan backing 2.2 million square feet of Hollywood studio properties by 15 months, pushing the deadline to November 2027.

Read articleNews from Los Angeles, Los Angeles County, California
Glendale Mixed-Use Project at 305 E. Colorado Street to Bring 323 Apartments
Glendale, California
PolicyZoning

Glendale Mixed-Use Project at 305 E. Colorado Street to Bring 323 Apartments

Kevin Tsai Architecture has revealed plans for a new six-story mixed-use development in Glendale, proposing 323 residential units and over 9,000 square feet of ground-floor commercial space. The project, located near Brand Boulevard, will include affordable housing units in exchange for density bonus waivers.

Read articleNews from Glendale, Los Angeles County, California
Kevin Tsai Architecture Unveils 323-Unit Mixed-Use Project in Glendale
Glendale, California
MarketsPolicy

Kevin Tsai Architecture Unveils 323-Unit Mixed-Use Project in Glendale

A new six-story mixed-use development is planned for 305 E. Colorado Street in Glendale, featuring 323 apartments and ground-floor commercial space. The project, designed by Kevin Tsai Architecture, will require density bonus waivers and include affordable housing units.

Read articleNews from Glendale, Los Angeles County, California
Glendale Mixed-Use Project at 305 E. Colorado Street to Feature 323 Apartments and Commercial Space
Glendale, California
PolicyZoning

Glendale Mixed-Use Project at 305 E. Colorado Street to Feature 323 Apartments and Commercial Space

New renderings reveal a six-story mixed-use development proposed for 305 E. Colorado Street in Glendale, designed by Kevin Tsai Architecture. The project includes 323 residential units, with 33 designated for very low-income renters, alongside ground-floor commercial space.

Read articleNews from Glendale, Los Angeles County, California
New Renderings Unveil Mixed-Use Development at 305 E. Colorado Street in Glendale
Glendale, California
PolicyZoning

New Renderings Unveil Mixed-Use Development at 305 E. Colorado Street in Glendale

A forthcoming six-story project in Glendale, designed by Kevin Tsai Architecture, will feature 323 apartments and ground-floor commercial space, replacing the United Community Church site.

Read articleNews from Glendale, Los Angeles County, California
62-Unit Affordable Housing Property on Santa Catalina Island Sells for $8.6 Million
Avalon, California
DealsMarkets

62-Unit Affordable Housing Property on Santa Catalina Island Sells for $8.6 Million

The Tremont Street Apartments, a 62-unit affordable housing complex in Avalon, California, has been acquired by Tailwind Investment Group for approximately $8.6 million. The sale ensures the property will maintain its affordable rents through a Section 8 contract and ground lease until 2053.

Read articleNews from Avalon, Los Angeles County, California
Pasadena Design Commission Reviews Proposal for 12 Townhome-Style Dwellings
Pasadena, California
MarketsPolicy

Pasadena Design Commission Reviews Proposal for 12 Townhome-Style Dwellings

A four-story residential project featuring 12 townhome-style units is proposed for a vacant site at 36 S. Berkeley Avenue in Pasadena, utilizing density bonus incentives. The development includes ground-floor parking and a shared roof deck.

Read articleNews from Pasadena, Los Angeles County, California
Los Angeles Apartment Construction Stalls Amid Plummeting Values and Policy Hurdles
Los Angeles, California
MarketsPolicy

Los Angeles Apartment Construction Stalls Amid Plummeting Values and Policy Hurdles

Developers in Los Angeles are reportedly pausing new apartment projects, citing a nearly 30% decline in multifamily property values, high interest rates, and local taxes as key factors making new construction unprofitable despite the city's severe housing shortage.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Apartment Development Stalls Amid High Interest Rates and Local Taxes
Los Angeles, California
MarketsPolicy

Los Angeles Apartment Development Stalls Amid High Interest Rates and Local Taxes

Despite a severe housing shortage, developers in Los Angeles are halting new apartment projects, citing high interest rates, increased fees, and the impact of Measure ULA as key deterrents to profitability.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Apartment Development Stalls Amid High Costs and Tax Burdens
Los Angeles, California
MarketsPolicy

Los Angeles Apartment Development Stalls Amid High Costs and Tax Burdens

Despite a critical housing shortage, new multifamily construction in Los Angeles has significantly declined. Developers cite high interest rates, increased fees, and the city's Measure ULA tax as primary factors eroding project profitability and deterring investment.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Apartment Development Stalls Amid High Rates, Fees, and Mansion Tax
Los Angeles, California
MarketsPolicy

Los Angeles Apartment Development Stalls Amid High Rates, Fees, and Mansion Tax

Despite a severe housing shortage, developers in Los Angeles are halting new apartment projects, citing high interest rates, increased fees, and the impact of Measure ULA as key deterrents to profitability.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Multifamily Development Stalls Amid Market Downturn and Policy Hurdles
Los Angeles, California
MarketsPolicy

Los Angeles Multifamily Development Stalls Amid Market Downturn and Policy Hurdles

Despite an acute housing shortage, developers in Los Angeles are pausing new apartment projects, citing a nearly 30% drop in multifamily values, high interest rates, increased fees, and the impact of Measure ULA.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Apartment Development Stalls Amid High Rates and Local Policies
Los Angeles, California
MarketsPolicy

Los Angeles Apartment Development Stalls Amid High Rates and Local Policies

Despite a severe housing shortage, developers in Los Angeles are halting new apartment construction, citing high interest rates, lingering effects of pandemic-era tenant protections, and the city's Measure ULA tax as key deterrents to profitability.

Read articleNews from Los Angeles, Los Angeles County, California
UC Regents Approve Early Construction for UCLA Research Park at Former Westside Pavilion
Los Angeles, California
DealsPolicy

UC Regents Approve Early Construction for UCLA Research Park at Former Westside Pavilion

The University of California Board of Regents has greenlit the initial phase of construction for the UCLA Research Park, converting the former Westside Pavilion mall into a major research and office complex. This $34 million phase will focus on core and shell improvements for the eastern wing of the property, with work commencing in October 2026.

Read articleNews from Los Angeles, Los Angeles County, California
UC Regents Approve Early Construction for UCLA Research Park at Former Westside Pavilion
Los Angeles, California
PolicyTechnology

UC Regents Approve Early Construction for UCLA Research Park at Former Westside Pavilion

The UC Board of Regents has given the green light for the initial construction phase of the UCLA Research Park, transforming the former Westside Pavilion mall. This $34 million project will upgrade core systems, with work commencing in October 2026 and aiming for completion by late 2028.

Read articleNews from Los Angeles, Los Angeles County, California
HVN Development Proposes 73-Unit Affordable Housing Project in Los Angeles' Mid-City
Los Angeles, California
MarketsPolicy

HVN Development Proposes 73-Unit Affordable Housing Project in Los Angeles’ Mid-City

A new five-story building featuring 73 one-bedroom apartments for low- and moderate-income renters is planned for 1945 S. Carmona Avenue, utilizing density bonus incentives for its 100% affordable status.

Read articleNews from Los Angeles, Los Angeles County, California
Compton College Student Housing Project Nears Completion with $83M Investment
Compton, California
MarketsPolicy

Compton College Student Housing Project Nears Completion with $83M Investment

A new 151-suite student housing complex at Compton College, designed to accommodate up to 251 low-income and homeless students, is expected to be completed by late Summer 2027. The $83 million development is largely funded by over $80 million in grants under California's AB 183.

Read articleNews from Compton, Los Angeles County, California
Los Angeles Churches Partner with Logos Faith Development for Affordable Housing Projects
Los Angeles, California
PolicyZoning

Los Angeles Churches Partner with Logos Faith Development for Affordable Housing Projects

Logos Faith Development is collaborating with churches, including St. Rest Friendship Baptist Church in Los Angeles' Vermont Knolls, to transform underutilized land into affordable housing communities, addressing the city's housing crisis.

Read articleNews from Los Angeles, Los Angeles County, California
LAEDC Report Projects Billions in Economic Output and Jobs from 2028 Olympic Games
Los Angeles, California
InfrastructureMarkets

LAEDC Report Projects Billions in Economic Output and Jobs from 2028 Olympic Games

A new report from the Los Angeles County Economic Development Corp. estimates the 2028 Olympic and Paralympic Games will generate at least $20.5 billion in economic output and create over 126,000 jobs across the Greater Los Angeles region. The analysis highlights significant capital investment in infrastructure and transportation.

Read articleNews from Los Angeles, Los Angeles County, California
Welltower Acquires 339-Unit Senior Living Community in Warner Center for $230.3 Million
Los Angeles, CaliforniaTrending
CompaniesDeals

Welltower Acquires 339-Unit Senior Living Community in Warner Center for $230.3 Million

Medical real estate investment trust Welltower has purchased The Variel of Woodland Hills, a 339-unit senior living facility in Los Angeles' Warner Center, from Harbert South Bay for $230.3 million. This acquisition is part of Welltower's broader strategy to expand its 'silver economy' portfolio.

Read articleNews from Los Angeles, Los Angeles County, California
Decron Properties Acquires 163-Unit Mixed-Use Building on Miracle Mile for $114 Million
Los Angeles, California
DealsMarkets

Decron Properties Acquires 163-Unit Mixed-Use Building on Miracle Mile for $114 Million

Decron Properties has expanded its Los Angeles multifamily portfolio with the acquisition of 5550 Wilshire Blvd., a 163-unit mixed-use property in the Miracle Mile district. The $114 million transaction marks the firm's first local multifamily purchase in two years, securing an asset described as "well below replacement cost."

Read articleNews from Los Angeles, Los Angeles County, California
Five Townhome-Style Residences Proposed for Hollywood Parking Lot
Los Angeles, California
PolicyZoning

Five Townhome-Style Residences Proposed for Hollywood Parking Lot

An application filed with the Los Angeles Department of City Planning details plans for five new three-story townhomes at 1254 N. Orange Drive, utilizing California's SB 684 for streamlined approval. The project will replace a surface parking lot while retaining an existing 12-unit apartment building.

Read articleNews from Los Angeles, Los Angeles County, California
Five Townhome-Style Residences Planned for Hollywood Parking Lot
Los Angeles, California
MarketsPolicy

Five Townhome-Style Residences Planned for Hollywood Parking Lot

A new development application proposes five three-story, four-bedroom townhomes on a surface parking lot in Hollywood, while retaining an existing 12-unit apartment building on the property.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Considers Streamlining Condo Approvals and Reducing Development Fees
Los Angeles, California
PolicyRegulation

Los Angeles City Council Considers Streamlining Condo Approvals and Reducing Development Fees

Following a stalled state bill, L.A. City Councilmember Katy Yaroslavsky has introduced motions to simplify the approval process for condominiums and townhomes, alongside reviewing and potentially reducing city fees that hinder small-scale ownership housing construction.

Read articleNews from Los Angeles, Los Angeles County, California
C.W. Driver Cos. Breaks Ground on $74 Million Middle School and Gymnasium in Malibu
Malibu, California
CompaniesInfrastructure

C.W. Driver Cos. Breaks Ground on $74 Million Middle School and Gymnasium in Malibu

General contractor C.W. Driver Cos. has commenced construction on Phase II of the Malibu Middle and High School campus, a $74 million project for the Santa Monica-Malibu Unified School District.

Read articleNews from Malibu, Los Angeles County, California
Inglewood Initiates Environmental Review for General Plan Update to Guide 2050 Growth
Inglewood, California
PolicyRegulation

Inglewood Initiates Environmental Review for General Plan Update to Guide 2050 Growth

The City of Inglewood has commenced the environmental review for its 'Next Level Inglewood' general plan update, aiming to align zoning with recent growth and increase development potential around major venues and commercial corridors through 2050.

Read articleNews from Inglewood, Los Angeles County, California
Los Angeles Explores Seven Sites for New Parks in Council District 10
Los Angeles, California
EnvironmentPolicy

Los Angeles Explores Seven Sites for New Parks in Council District 10

The Los Angeles Department of Recreation and Parks is evaluating seven city- and privately-owned properties in Council District 10 for potential new green spaces, including sites previously slated for high-rise developments.

Read articleNews from Los Angeles, Los Angeles County, California
Construction Begins on 65-Unit Apartment Project with Affordable Housing in Los Angeles' Hyde Park
Los Angeles, California
PolicyZoning

Construction Begins on 65-Unit Apartment Project with Affordable Housing in Los Angeles’ Hyde Park

A five-story building featuring 65 apartments, including ten affordable units, is now under construction at 5909 S. Crenshaw Boulevard. This development utilizes Transit Oriented Communities incentives, reflecting a trend of new multifamily projects near the Hyde Park Metro station.

Read articleNews from Los Angeles, Los Angeles County, California
Juanita's Foods Leases 120,000-Square-Foot Santa Fe Springs Facility in Big 4 Coalition Deal
Santa Fe Springs, California
DealsMarkets

Juanita’s Foods Leases 120,000-Square-Foot Santa Fe Springs Facility in Big 4 Coalition Deal

Food manufacturer Juanita's Foods is consolidating operations into a 120,000-square-foot industrial building in Santa Fe Springs. The relocation marks the first major transaction completed under the Los Angeles County Big 4 municipal coalition.

Read articleNews from Santa Fe Springs, Los Angeles County, California
Faring Unveils Updated Designs for Robertson Row Commercial Project in West Hollywood
West Hollywood, California
DealsZoning

Faring Unveils Updated Designs for Robertson Row Commercial Project in West Hollywood

Developer Faring has submitted revised architectural concepts to the West Hollywood Planning Commission for Robertson Row, a 107,000-square-foot commercial complex. The proposed project replaces an earlier hotel plan and incorporates the historic Factory nightclub alongside new retail, dining, and gallery space.

Read articleNews from West Hollywood, Los Angeles County, California
Northmarq Arranges $29.3 Million Refinancing for Chapman Market in Los Angeles' Koreatown
Los Angeles, California
DealsMarkets

Northmarq Arranges $29.3 Million Refinancing for Chapman Market in Los Angeles’ Koreatown

Northmarq has secured a $29.3 million loan for the refinancing of Chapman Market, a 41,241-square-foot dining and entertainment complex located in Los Angeles' Koreatown neighborhood.

Read articleNews from Los Angeles, Los Angeles County, California
HVN Development Proposes 60-Unit Affordable Project in Mar Vista
Los Angeles, California
DealsZoning

HVN Development Proposes 60-Unit Affordable Project in Mar Vista

HVN Development has submitted plans to replace a Mar Vista triplex with a seven-story, 60-unit affordable housing building utilizing city incentives.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles County Approves 60-Unit Apartment Complex in West Whittier
West Whittier, California
DealsPolicy

Los Angeles County Approves 60-Unit Apartment Complex in West Whittier

The Los Angeles County Board of Supervisors approved zone changes and density bonus incentives for a 60-unit multifamily building at 7914 Broadway Avenue.

Read articleNews from West Whittier, Los Angeles County, California
South Park Group Advances Six-Story Mixed-Use Project on Beverly Boulevard
Los Angeles, California
DealsZoning

South Park Group Advances Six-Story Mixed-Use Project on Beverly Boulevard

Construction has reached the second floor on a 57-unit mixed-use apartment development in Los Angeles's Beverly Grove neighborhood, utilizing density bonus incentives to add housing density.

Read articleNews from Los Angeles, Los Angeles County, California
Hinterland Projects Plans 33-Unit Multifamily Complex in Palms
Los Angeles, California
RegulationZoning

Hinterland Projects Plans 33-Unit Multifamily Complex in Palms

An entity linked to Hinterland Projects has submitted plans to replace four single-family residences with a seven-story, 33-unit apartment building in Los Angeles's Palms neighborhood. The proposal seeks streamlined approvals and density incentives under the city's housing element rezoning program.

Read articleNews from Los Angeles, Los Angeles County, California
Holos Communities and RNLA Complete 27-Unit Affordable Project in South Los Angeles
Los Angeles, California
DealsPolicy

Holos Communities and RNLA Complete 27-Unit Affordable Project in South Los Angeles

Restore Neighborhoods L.A. and Holos Communities have opened Sunnyside, a four-story development delivering 26 affordable studio apartments on a 6,000-square-foot corner parcel in South Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles, California
CompaniesDeals

Logos Faith Development Builds $750 Million Pipeline on Church-Owned Land

Los Angeles-based Logos Faith Development has established 15 joint ventures to build mixed-income and affordable housing on surplus religious land across Southern California.

Read articleNews from Los Angeles, Los Angeles County, California
USC Plans 20,000-Square-Foot Virtual Production Facility in University Park
Los Angeles, California
DealsZoning

USC Plans 20,000-Square-Foot Virtual Production Facility in University Park

The University of Southern California is advancing plans for the Blavatnik Center for Virtual Production at 625 W. 32nd Street, replacing a surface parking lot with a two-story facility that requires a zone change and General Plan amendment.

Read articleNews from Los Angeles, Los Angeles County, California
HVN Development Tops Out 91-Unit Affordable Housing Complex in Toluca Lake
Los Angeles, California
DealsZoning

HVN Development Tops Out 91-Unit Affordable Housing Complex in Toluca Lake

Framing has reached full height at 10953 Whipple Street, where a five-story development is bringing 91 income-restricted apartments to the San Fernando Valley community.

Read articleNews from Los Angeles, Los Angeles County, California
Stockdale Capital Launches Credit Platform Targeting $300 Million in Real Estate Debt
Los Angeles, California
CompaniesDeals

Stockdale Capital Launches Credit Platform Targeting $300 Million in Real Estate Debt

Los Angeles-based investment firm Stockdale Capital Partners has formed a new credit division aiming to originate $300 million in debt within the next year, focusing on bridge loans, mezzanine financing, and note purchases across commercial property sectors.

Read articleNews from Los Angeles, Los Angeles County, California
Pasadena Approves Eaton Wash Stormwater Capture and Park Project
Pasadena, California
EnvironmentInfrastructure

Pasadena Approves Eaton Wash Stormwater Capture and Park Project

Pasadena City Council has greenlit the Eaton Wash Stormwater Capture Project, which will pair underground water management systems with new community park amenities. The development is backed by regional and state infrastructure funds.

Read articleNews from Pasadena, Los Angeles County, California
Summer Box Office Surge Fails to Alleviate Los Angeles Soundstage Vacancy
Los Angeles, California
CompaniesMarkets

Summer Box Office Surge Fails to Alleviate Los Angeles Soundstage Vacancy

Despite strong summer theatrical returns, Los Angeles studio real estate continues to struggle with production flight, lender takeovers, and weak soundstage demand.

Read articleNews from Los Angeles, Los Angeles County, California
Cohen Brothers Secures 96,000 Square Feet in Leases at West Hollywood's Pacific Design Center
West Hollywood, California
DealsMarkets

Cohen Brothers Secures 96,000 Square Feet in Leases at West Hollywood’s Pacific Design Center

Cohen Brothers Realty Corporation has executed seven lease transactions totaling nearly 96,000 square feet across creative, fashion, and tech sectors at the Pacific Design Center's Red Building in West Hollywood.

Read articleNews from West Hollywood, Los Angeles County, California
Jamison and Kennedy Wilson Partner to Develop Over 4,000 Affordable Housing Units in Los Angeles
Los Angeles, California
DealsPolicy

Jamison and Kennedy Wilson Partner to Develop Over 4,000 Affordable Housing Units in Los Angeles

Real estate firms Jamison and Kennedy Wilson have formed a joint venture to address Los Angeles' severe housing shortage by developing more than 4,000 affordable units through new construction and office-to-residential conversions. This initiative leverages tax-credit financing and the city's updated adaptive reuse ordinance.

Read articleNews from Los Angeles, Los Angeles County, California
Landscape Design Contest Reimagines Shuttered Angels Knoll in Downtown Los Angeles
Los Angeles, California
EnvironmentInfrastructure

Landscape Design Contest Reimagines Shuttered Angels Knoll in Downtown Los Angeles

The American Society of Landscape Architects has announced the winners of its design competition aimed at reactivating Angels Knoll in Bunker Hill. The prime site has remained vacant since a proposed high-rise development fell through and public access was cut off in 2013.

Read articleNews from Los Angeles, Los Angeles County, California
Chalon Group Proposes 25-Unit Residential Complex on Laguna Avenue in Los Angeles
Los Angeles, California
DealsZoning

Chalon Group Proposes 25-Unit Residential Complex on Laguna Avenue in Los Angeles

Developer Chalon Group has submitted plans for a five-story, 25-unit apartment building at 820 N. Laguna Avenue near Echo Park. The proposal leverages density bonus incentives and includes recreation spaces planned for future conversion into accessory dwelling units.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Breaks Ground on Protected Bike Lanes Along Spring and Alameda in Chinatown
Los Angeles, California
InfrastructurePolicy

Los Angeles Breaks Ground on Protected Bike Lanes Along Spring and Alameda in Chinatown

The City of Los Angeles has initiated construction on a 1.2-mile mobility project that will reconfigure traffic lanes to add Class IV protected bike lanes and accessibility upgrades near Chinatown and Union Station.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Retail Market Bifurcates as Prime Corridors Thrive and Immigrant Districts Struggle
Los Angeles, California
DealsMacro

Los Angeles Retail Market Bifurcates as Prime Corridors Thrive and Immigrant Districts Struggle

Investment in Los Angeles retail jumped 40 percent in the second quarter, driven by grocery-anchored centers and luxury corridors, while federal enforcement actions hit foot traffic in neighborhood small business districts.

Read articleNews from Los Angeles, Los Angeles County, California
Five Small-Lot Homes and Three ADUs Proposed in Winnetka
Los Angeles, California
DealsRegulation

Five Small-Lot Homes and Three ADUs Proposed in Winnetka

An application submitted to the Los Angeles Department of City Planning seeks to replace a single-family house at 7032 N. Cozycroft Avenue with five small-lot dwellings and three junior ADUs under state law SB 1123.

Read articleNews from Los Angeles, Los Angeles County, California
Together California Completes Foster Housing Village in Palmdale
Palmdale, California
DealsZoning

Together California Completes Foster Housing Village in Palmdale

A new foster care community featuring 12 townhomes and support facilities has finished construction in Palmdale after nearly two decades of planning.

Read articleNews from Palmdale, Los Angeles County, California
Arc Capital Secures $29.3M Refinancing for Koreatown's Chapman Market
Los Angeles, California
DealsMarkets

Arc Capital Secures $29.3M Refinancing for Koreatown’s Chapman Market

Voya Investment Management provided a $29.3 million loan to refinance Chapman Market, a 41,241-square-foot historic retail center in Los Angeles' Koreatown owned by Arc Capital Partners.

Read articleNews from Los Angeles, Los Angeles County, California
Hudson Pacific and Blackstone Secure Maturity Extension on $1.1B Hollywood Studio Debt
Los Angeles, California
DealsMarkets

Hudson Pacific and Blackstone Secure Maturity Extension on $1.1B Hollywood Studio Debt

Joint venture partners Hudson Pacific Properties and Blackstone have finalized a 15-month maturity extension on a $1.1 billion CMBS loan tied to their 2.2-million-square-foot Hollywood media portfolio without requiring an upfront principal paydown.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Approves Six-Story Residential Building on Supreme Court Site
Los Angeles, California
DealsZoning

Los Angeles Approves Six-Story Residential Building on Supreme Court Site

The Los Angeles City Planning Commission has granted approvals for a new 13-unit apartment project featuring density bonus incentives on an infill parcel along the Montecito Heights border.

Read articleNews from Los Angeles, Los Angeles County, California
Six-Story, 75-Unit Apartment Complex Proposed on Baird Avenue in Reseda
Los Angeles, California
DealsZoning

Six-Story, 75-Unit Apartment Complex Proposed on Baird Avenue in Reseda

Developer Efi Meirson has filed plans to replace six single-family homes in Los Angeles's Reseda neighborhood with a 75-unit residential building utilizing density bonus incentives.

Read articleNews from Los Angeles, Los Angeles County, California
EAH Housing Completes 50-Unit Senior Affordable Community in West Hollywood
West Hollywood, California
CompaniesDeals

EAH Housing Completes 50-Unit Senior Affordable Community in West Hollywood

Nonprofit developer EAH Housing has wrapped up construction on Marigold West, a five-story senior residential complex located at 1041 N. Martel Avenue in West Hollywood.

Read articleNews from West Hollywood, Los Angeles County, California
IMT Residential to Convert Iconic Sunkist Headquarters into 95 Apartments in Sherman Oaks
Los Angeles, California
DealsPolicy

IMT Residential to Convert Iconic Sunkist Headquarters into 95 Apartments in Sherman Oaks

Developer IMT Residential is leveraging Los Angeles's citywide adaptive reuse ordinance to transform the historic 125,000-square-foot Sunkist headquarters into 95 residential units.

Read articleNews from Los Angeles, Los Angeles County, California
Glendora Starts Work on 1.6-Mile Multi-Use Trail Linking to Transit
Glendora, California
Infrastructure

Glendora Starts Work on 1.6-Mile Multi-Use Trail Linking to Transit

Officials in Glendora have broken ground on a $1.2 million multi-use trail along the San Dimas Wash. The project marks the initial phase of a planned 10-mile active transportation network centered on the local Metro A Line station.

Read articleNews from Glendora, Los Angeles County, California
GR Properties Secures $62M Bridge Financing for Culver City Multifamily Asset
Culver City, California
DealsMarkets

GR Properties Secures $62M Bridge Financing for Culver City Multifamily Asset

Dwight Investment Management provided a $62 million bridge loan to refinance Lana, a newly constructed 139-unit residential complex featuring ground-floor commercial space in Culver City.

Read articleNews from Culver City, Los Angeles County, California
Wiseman Residential Unveils 119-Unit Apartment Complex in Sawtelle
Los Angeles, California
DealsZoning

Wiseman Residential Unveils 119-Unit Apartment Complex in Sawtelle

Construction is nearing the finish line for a six-story, 119-unit multifamily project at 11261 W. Santa Monica Boulevard in Los Angeles. The development leveraged Transit Oriented Communities incentives to expand building capacity in exchange for affordable housing units.

Read articleNews from Los Angeles, Los Angeles County, California
Wiseman Residential Unveils Six-Story Mixed-Income Development in Sawtelle
Los Angeles, California
DealsZoning

Wiseman Residential Unveils Six-Story Mixed-Income Development in Sawtelle

Construction is progressing on a 119-unit residential project at 11261 West Santa Monica Boulevard in Los Angeles, utilizing Transit Oriented Communities density bonuses to deliver market-rate and affordable units.

Read articleNews from Los Angeles, Los Angeles County, California
Metro Advances $668 Million G Line Busway Modernization in Van Nuys
Los Angeles, California
InfrastructurePolicy

Metro Advances $668 Million G Line Busway Modernization in Van Nuys

Construction continues on the $668 million overhaul of the G Line Busway in the San Fernando Valley, with elevated structures at Van Nuys Boulevard reaching significant milestones ahead of a 2027 completion target.

Read articleNews from Los Angeles, Los Angeles County, California
Seven-Story Infill Apartment Development Proposed for West Hollywood Site
West Hollywood, California
DealsZoning

Seven-Story Infill Apartment Development Proposed for West Hollywood Site

Vanowen Management has submitted plans for a seven-story, 12-unit residential building at 1030 N. Sierra Bonita Avenue in West Hollywood. The project utilizes density bonus incentives to replace a former duplex site with multifamily housing.

Read articleNews from West Hollywood, Los Angeles County, California
Massachi Begins Construction on 115-Unit Mixed-Use Development in West Hollywood
West Hollywood, California
DealsZoning

Massachi Begins Construction on 115-Unit Mixed-Use Development in West Hollywood

Massachi has started vertical construction on a seven-story, 115-unit apartment complex with ground-floor commercial space at 8025 Santa Monica Boulevard in West Hollywood.

Read articleNews from West Hollywood, Los Angeles County, California
Arcadia Approves 130-Unit Mixed-Use Development Near A Line Station
Arcadia, California
DealsZoning

Arcadia Approves 130-Unit Mixed-Use Development Near A Line Station

The City of Arcadia has approved North Village, a six-story mixed-use development featuring 130 residences and ground-floor retail near the local light rail stop.

Read articleNews from Arcadia, Los Angeles County, California
Lewis Group Proposes 191 Townhomes at Office Site in Rosemead
Rosemead, California
DealsZoning

Lewis Group Proposes 191 Townhomes at Office Site in Rosemead

An affiliate of the Lewis Group of Companies plans to replace a 268,000-square-foot office building in Rosemead with a 191-unit residential townhome community across nine acres.

Read articleNews from Rosemead, Los Angeles County, California
CIM Group Appoints Adam Lerer as Managing Director of Investments
Los Angeles, California
CompaniesDeals

CIM Group Appoints Adam Lerer as Managing Director of Investments

CIM Group has brought on industry veteran Adam Lerer from PIMCO Prime Real Estate to lead equity sourcing, structuring, and execution across core, value-add, and Opportunity Zone strategies.

Read articleNews from Los Angeles, Los Angeles County, California
National CORE and Prima Development Break Ground on 202 Affordable Units in El Monte
El Monte, California
DealsPolicy

National CORE and Prima Development Break Ground on 202 Affordable Units in El Monte

Co-developers have launched construction on Esperanza Village, a 202-unit affordable housing community on an 8.2-acre portion of the former MacLaren Children's Center site.

Read articleNews from El Monte, Los Angeles County, California
Northmarq Leader Details Sale-Leaseback Trends and Demand for Accelerated Depreciation Assets
Los Angeles, California
DealsMarkets

Northmarq Leader Details Sale-Leaseback Trends and Demand for Accelerated Depreciation Assets

Anthony Cohen of Northmarq highlights expanding investor demand for sale-leaseback transactions and tax-advantaged retail properties such as travel centers and gas stations.

Read articleNews from Los Angeles, Los Angeles County, California
Six Small-Lot Townhomes Planned for Mid-City Site
Los Angeles, California
DealsZoning

Six Small-Lot Townhomes Planned for Mid-City Site

Plans submitted to the Los Angeles Department of City Planning call for replacing a 1930s single-family residence with a six-unit small-lot subdivision on Point View Street in Mid-City.

Read articleNews from Los Angeles, Los Angeles County, California
Burbank and Metro Reach Interim Pact on North Hollywood-Pasadena BRT Upgrades
Burbank, California
InfrastructureLegal

Burbank and Metro Reach Interim Pact on North Hollywood-Pasadena BRT Upgrades

The City of Burbank and Metro have agreed to allow station and infrastructure construction to proceed while litigation over dedicated Olive Avenue bus lanes continues.

Read articleNews from Burbank, Los Angeles County, California
Landmark Properties Delivers 1,261-Bed Student Complex Near USC
Los Angeles, California
DealsMarkets

Landmark Properties Delivers 1,261-Bed Student Complex Near USC

Landmark Properties has opened The Standard, a 429-unit student housing development on Figueroa Street near the University of Southern California.

Read articleNews from Los Angeles, Los Angeles County, California
Related Companies and Cruzan Land $64.7M Refinancing for Torrance Office Asset
Torrance, California
DealsMarkets

Related Companies and Cruzan Land $64.7M Refinancing for Torrance Office Asset

Waterfall Asset Management and Delaware Life provided the eight-story office loan at 21250 Hawthorne Boulevard, where occupancy stands at 93 percent.

Read articleNews from Torrance, Los Angeles County, California
Los Angeles Metro Lands $150M Federal Grant for Vermont Avenue Bus Rapid Transit
Los Angeles, California
InfrastructurePolicy

Los Angeles Metro Lands $150M Federal Grant for Vermont Avenue Bus Rapid Transit

Federal officials awarded $150 million toward building dedicated bus lanes and 26 stations along 12.4 miles of Vermont Avenue in Los Angeles. The line aims to cut transit times significantly ahead of the 2028 Olympic Games.

Read articleNews from Los Angeles, Los Angeles County, California
Orion Capital Nears Completion on 70-Unit Affordable Housing Project Near USC
Los Angeles, California
DealsZoning

Orion Capital Nears Completion on 70-Unit Affordable Housing Project Near USC

A seven-story affordable housing development featuring 70 compact apartments is approaching completion along West Jefferson Boulevard in Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
Reuben Brothers Expands Century Plaza Mixed-Use Redevelopment in Los Angeles
Los Angeles, California
DealsMarkets

Reuben Brothers Expands Century Plaza Mixed-Use Redevelopment in Los Angeles

Reuben Brothers is transforming Century City's Century Plaza into a round-the-clock luxury destination featuring residential condominiums priced up to $68 million alongside hospitality and advanced transit amenities.

Read articleNews from Los Angeles, Los Angeles County, California
Lucas Museum of Narrative Art Prepares for September Debut in Exposition Park
Los Angeles, California
DealsInfrastructure

Lucas Museum of Narrative Art Prepares for September Debut in Exposition Park

The $1-billion, 300,000-square-foot cultural development designed by MAD Architects is set to open September 22 along Vermont Avenue in Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
Legacy Partners Reaches Framing Milestone on 200-Unit Soto Del Amo in Torrance
Torrance, California
CompaniesDeals

Legacy Partners Reaches Framing Milestone on 200-Unit Soto Del Amo in Torrance

Legacy Partners and DWS Group have finished wood framing for Soto Del Amo, a five-story, 200-unit multifamily complex situated near the Del Amo Fashion Center in Torrance.

Read articleNews from Torrance, Los Angeles County, California
Drona Investments Begins Construction on 81-Unit Affordable Project in Van Nuys
Los Angeles, California
DealsZoning

Drona Investments Begins Construction on 81-Unit Affordable Project in Van Nuys

Construction has started on an 81-unit affordable residential building at 14243 Sylvan Street in Van Nuys, replacing a former triplex with a five-story development.

Read articleNews from Los Angeles, Los Angeles County, California
Industrious Signs 12,000-Square-Foot Coworking Lease at Caruso's Masonic Temple in Glendale
Glendale, California
CompaniesDeals

Industrious Signs 12,000-Square-Foot Coworking Lease at Caruso’s Masonic Temple in Glendale

Flexible workplace operator Industrious has finalized a lease for 12,000 square feet inside Caruso's historic Masonic Temple building in Glendale, marking its 19th location throughout the Greater Los Angeles region.

Read articleNews from Glendale, Los Angeles County, California
Primestor Advances Mixed-Use Redevelopment at Norwalk Civic Center
Norwalk, California
DealsZoning

Primestor Advances Mixed-Use Redevelopment at Norwalk Civic Center

Construction is progressing on The Walk, a 13-acre project replacing parking and lawn space at Norwalk Civic Center with 374 homes, retail space, and a garage.

Read articleNews from Norwalk, Los Angeles County, California
Port of Los Angeles Commits $4 Million Toward Battleship Iowa Expansion
Los Angeles, California
DealsInfrastructure

Port of Los Angeles Commits $4 Million Toward Battleship Iowa Expansion

The Port of Los Angeles will contribute $4 million toward a $17 million park and pavilion expansion at the Battleship USS Iowa museum in San Pedro.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles County Authorizes $20.3M in Bond Financing for Mercy Housing Development in Claremont
Claremont, California
DealsPolicy

Los Angeles County Authorizes $20.3M in Bond Financing for Mercy Housing Development in Claremont

The Los Angeles County Board of Supervisors has approved up to $20.3 million in bond financing for Mercy Housing California to construct a 74-unit affordable development at 1364 N. Towne Avenue in Claremont.

Read articleNews from Claremont, Los Angeles County, California
Expanding Lender Appetite and New Bonding Legislation Advance California Modular Construction
Culver City, CaliforniaTrending
MarketsPolicy

Expanding Lender Appetite and New Bonding Legislation Advance California Modular Construction

Southern California modular developers report growing lender participation and key legislative support, helping offsite builders overcome historical financing and bonding bottlenecks.

Read articleNews from Culver City, Los Angeles County, California
Radha Group Breaks Ground on 81-Unit Mixed-Use Development in Brentwood
Los Angeles, California
DealsZoning

Radha Group Breaks Ground on 81-Unit Mixed-Use Development in Brentwood

Construction is officially underway on a seven-story residential and retail podium project at 11905 Wilshire Boulevard in Los Angeles, utilizing density bonus incentives to deliver 81 apartments.

Read articleNews from Los Angeles, Los Angeles County, California
EAH Housing Completes 48-Unit Lexington Gardens Affordable Project in West Hollywood
West Hollywood, California
CompaniesDeals

EAH Housing Completes 48-Unit Lexington Gardens Affordable Project in West Hollywood

Non-profit builder EAH Housing has wrapped up construction on a five-story, 48-unit affordable residential community on Detroit Street in West Hollywood. The project targets households earning between 30 and 60 percent of the area median income.

Read articleNews from West Hollywood, Los Angeles County, California
Average Size of Newly Built Los Angeles Apartments Declines to 770 Square Feet
Los Angeles, California
MarketsResearch

Average Size of Newly Built Los Angeles Apartments Declines to 770 Square Feet

A new RentCafe report shows new construction unit sizes across Los Angeles fell 6% over the past decade, prompting local policy efforts to incentivize larger floor plans.

Read articleNews from Los Angeles, Los Angeles County, California
Landmark Properties Completes 429-Unit Mixed-Use Project Near USC in Exposition Park
Los Angeles, California
DealsZoning

Landmark Properties Completes 429-Unit Mixed-Use Project Near USC in Exposition Park

Landmark Properties has finished construction on The Standard at Los Angeles, an eight-story mixed-use development featuring 429 student-oriented apartments and ground-floor retail across from BMO Stadium.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Approves 71-Unit Eldercare Project in Woodland Hills
Los Angeles, California
RegulationZoning

Los Angeles Approves 71-Unit Eldercare Project in Woodland Hills

The Los Angeles City Planning Commission has approved plans to replace a single-family home in Woodland Hills with a three-story eldercare facility. The mixed-use development will deliver 71 units and ground-floor commercial space without on-site parking.

Read articleNews from Los Angeles, Los Angeles County, California
Framing Completes for 77-Unit Affordable Project in Westchester
Los Angeles, California
DealsRegulation

Framing Completes for 77-Unit Affordable Project in Westchester

HVN Development has topped off a five-story, 77-unit affordable residential community near the LAX/Metro Transit Center. The development utilized Executive Directive 1 and density bonus incentives with zero on-site parking.

Read articleNews from Los Angeles, Los Angeles County, California
Six Small Lot Homes Planned for Randolph Avenue in El Sereno
Los Angeles, California
DealsZoning

Six Small Lot Homes Planned for Randolph Avenue in El Sereno

Plans submitted to the Los Angeles Department of City Planning outline a six-unit small lot subdivision on vacant land in El Sereno. Designed by Warren Techentin Architecture, the three-story single-family homes will feature private garages and balconies.

Read articleNews from Los Angeles, Los Angeles County, California
AEG and Archer Aviation Plan Downtown Los Angeles Vertiport at L.A. Live
Los Angeles, California
DealsInfrastructure

AEG and Archer Aviation Plan Downtown Los Angeles Vertiport at L.A. Live

Archer Aviation and sports entertainment giant AEG are partnering to establish an air taxi vertiport hub in Downtown Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
Majestic Asset Management Acquires El Segundo Industrial Flex Facility for $27M
El Segundo, California
DealsMarkets

Majestic Asset Management Acquires El Segundo Industrial Flex Facility for $27M

Hackman Capital Partners has completed the $27 million sale of a 57,000-square-foot flex industrial property in El Segundo to Majestic Asset Management.

Read articleNews from El Segundo, Los Angeles County, California
KPC Group Tackles $517M Acquisition and Cleanup of Stalled Oceanwide Plaza in Downtown Los Angeles
Los Angeles, CaliforniaTrending
DealsMarkets

KPC Group Tackles $517M Acquisition and Cleanup of Stalled Oceanwide Plaza in Downtown Los Angeles

Following bankruptcy court approval for a $517 million acquisition, KPC Group is cleaning graffiti and moving to complete the long-stalled, 2 million-square-foot Oceanwide Plaza mixed-use complex.

Read articleNews from Los Angeles, Los Angeles County, California
Intracorp Homes Unveils Gable House Mixed-Use Apartments in Torrance
Torrance, California
DealsMarkets

Intracorp Homes Unveils Gable House Mixed-Use Apartments in Torrance

Scaffolding has come down at Intracorp Homes' Gable House Apartments, a mixed-use development featuring 218 residential units and ground-floor retail on a former bowling alley site in Torrance.

Read articleNews from Torrance, Los Angeles County, California
Koreatown Infill Project Replaced by 101-Unit Affordable Development
Los Angeles, California
DealsZoning

Koreatown Infill Project Replaced by 101-Unit Affordable Development

Developer Saman Kerendian has broken ground on a seven-story, 101-unit affordable residential building at 708-712 South Gramercy Drive in Los Angeles. The infill project leverages local streamlining and density bonus incentives to nearly double its original planned capacity.

Read articleNews from Los Angeles, Los Angeles County, California
Grace Villas Affordable Housing Project Begins Vertical Construction in Lincoln Heights
Los Angeles, California
DealsPolicy

Grace Villas Affordable Housing Project Begins Vertical Construction in Lincoln Heights

Co-developers Linc Housing, W.O.R.K.S, and GTM Holdings have started vertical framing on a 48-unit affordable residential building on a former city parking lot in Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
Mass Timber Residential Tower Proposed Under SB 79 in Santa Monica
Santa Monica, California
DealsPolicy

Mass Timber Residential Tower Proposed Under SB 79 in Santa Monica

Plans have been filed for a 12-story, 32-unit mass timber residential project at 1517 15th Street in Santa Monica. The proposal leverages California's new SB 79 framework near transit with six affordable units.

Read articleNews from Santa Monica, Los Angeles County, California
Charles Company Updates Plans for Beverly Hills Office-to-Hotel Adaptive Reuse
Beverly Hills, California
DealsZoning

Charles Company Updates Plans for Beverly Hills Office-to-Hotel Adaptive Reuse

West Hollywood-based Charles Company has submitted revised plans to convert the historic mid-century Gibraltar Square office complex in Beverly Hills into a 147-room boutique hotel.

Read articleNews from Beverly Hills, Los Angeles County, California
Leo Pustilnikov and Hope the Mission File Plans to Renovate Two Historic DTLA SRO Properties
Los Angeles, California
DealsZoning

Leo Pustilnikov and Hope the Mission File Plans to Renovate Two Historic DTLA SRO Properties

Hope for an Affordable LA has submitted planning applications to rehabilitate the St. George and Olympia hotels in Downtown Los Angeles. The joint venture aims to preserve affordable units and reconfigure single-room occupancy spaces into modern efficiency apartments across the former Skid Row Housing Trust portfolio.

Read articleNews from Los Angeles, Los Angeles County, California
Inglewood Greenlights $261 Million Transit and Mobility Project Near Major Venues
Inglewood, California
InfrastructurePolicy

Inglewood Greenlights $261 Million Transit and Mobility Project Near Major Venues

The Inglewood City Council has selected a private consortium to construct a $261 million transportation and public realm improvement project, aiming to enhance connectivity between the K Line and key entertainment venues like SoFi Stadium, the Kia Forum, and Intuit Dome.

Read articleNews from Inglewood, Los Angeles County, California
Wood Framing Progresses on 40-Unit Affordable Housing Project in Los Angeles' Wilmington Neighborhood
Los Angeles, California
PolicyZoning

Wood Framing Progresses on 40-Unit Affordable Housing Project in Los Angeles’ Wilmington Neighborhood

The Safe Harbor II development by Holos Communities is taking shape at 728 Lagoon Avenue, bringing 39 supportive housing units to the Wilmington area of Los Angeles. This four-story complex will feature a community room, gardens, and on-site services for residents.

Read articleNews from Los Angeles, Los Angeles County, California
Vision Theatre in Leimert Park Reopens After $40 Million Renovation
Los Angeles, California
CompaniesPolicy

Vision Theatre in Leimert Park Reopens After $40 Million Renovation

The historic Vision Theatre, a Spanish and Art Deco-style venue in Los Angeles' Leimert Park, has completed an extensive $40 million renovation and reopened, offering new programming through a partnership with WACO Theater Center.

Read articleNews from Los Angeles, Los Angeles County, California
Meta Housing Corp. Plans 144-Unit Affordable Housing Project on East Colorado Boulevard in Pasadena
Pasadena, California
MarketsPolicy

Meta Housing Corp. Plans 144-Unit Affordable Housing Project on East Colorado Boulevard in Pasadena

A new six-story development at 2000 E. Colorado Boulevard will feature 144 affordable apartments and utilize density bonus incentives. The project is currently undergoing preliminary review by the City's Design Commission.

Read articleNews from Pasadena, Los Angeles County, California
CLARE|MATRIX Plans $50 Million Redevelopment of Santa Monica Pico Campus
Santa Monica, California
PolicyRegulation

CLARE|MATRIX Plans $50 Million Redevelopment of Santa Monica Pico Campus

CLARE|MATRIX is pursuing a significant expansion of its behavioral health and substance use disorder treatment center in Santa Monica, proposing a new four-story facility with 90 additional beds. The project, backed by a $50 million state funding award, will replace existing structures at its Pico Boulevard campus.

Read articleNews from Santa Monica, Los Angeles County, California
Los Angeles City Council Approves CEQA Exemption for Temporary Olympic Projects
Los Angeles, California
PolicyRegulation

Los Angeles City Council Approves CEQA Exemption for Temporary Olympic Projects

The Los Angeles City Council has greenlit an ordinance allowing certain temporary developments for the 2028 Olympic Games to bypass the California Environmental Quality Act, with a pathway for these structures to potentially become permanent.

Read articleNews from Los Angeles, Los Angeles County, California
Torrance Office Complex Proposed for Conversion to 335 Residential Units
Torrance, California
MarketsPolicy

Torrance Office Complex Proposed for Conversion to 335 Residential Units

A new environmental study details plans to redevelop the Torrance Center South Complex at 21151-21221 S. Western Avenue, replacing 142,000 square feet of office space with a substantial residential project.

Read articleNews from Torrance, Los Angeles County, California
HVN Development Plans 81-Unit Affordable Housing Project in Los Angeles' North Hollywood
Los Angeles, California
PolicyZoning

HVN Development Plans 81-Unit Affordable Housing Project in Los Angeles’ North Hollywood

HVN Development has submitted plans to the City of Los Angeles for a new five-story building at 5822 N. Lemp Avenue, which will feature 81 apartments designated for low- and moderate-income renters without on-site parking.

Read articleNews from Los Angeles, Los Angeles County, California
Helio Completes 64-Unit Mixed-Use Project with Retail in Los Angeles' Palms Neighborhood
Los Angeles, California
MarketsPolicy

Helio Completes 64-Unit Mixed-Use Project with Retail in Los Angeles’ Palms Neighborhood

The Kaia project at 3555 Overland Avenue features studio and one-bedroom apartments, ground-floor retail, and includes six affordable housing units through Transit Oriented Communities incentives.

Read articleNews from Los Angeles, Los Angeles County, California
Demolition Begins at Hawthorne Plaza After Years of Nuisance Status and Legal Battles
Hawthorne, California
CompaniesLegal

Demolition Begins at Hawthorne Plaza After Years of Nuisance Status and Legal Battles

The long-abandoned Hawthorne Plaza mall in Hawthorne, California, is finally being demolished following a court order, resolving its status as a nuisance property and clearing the way after complex legal issues involving its owners.

Read articleNews from Hawthorne, Los Angeles County, California
Los Angeles Planning Commission Approves Mixed-Use Development in Sun Valley
Los Angeles, California
CompaniesPolicy

Los Angeles Planning Commission Approves Mixed-Use Development in Sun Valley

The project combines a 220,000-square-foot self-storage facility with nine one-bedroom townhomes, designed by Jordan Architects for developer Trojan Storage, and required a zone change and general plan amendment.

Read articleNews from Los Angeles, Los Angeles County, California
Woodland Hills Country Club Housing Project Faces Delay After Wildlife Habitat Designation
Los Angeles, CaliforniaTrending
LegalPolicy

Woodland Hills Country Club Housing Project Faces Delay After Wildlife Habitat Designation

A proposed 398-home development at the Woodland Hills Country Club is in jeopardy after the Los Angeles Planning Department designated the site as critical wildlife habitat, prompting the developer to threaten legal action against the city.

Read articleNews from Los Angeles, Los Angeles County, California
The Honest Co. Secures 38,000 SF Headquarters Lease in Los Angeles' Playa Vista
Los Angeles, California
CompaniesDeals

The Honest Co. Secures 38,000 SF Headquarters Lease in Los Angeles’ Playa Vista

Consumer goods company The Honest Co. is relocating its headquarters to The Bluffs at Playa Vista, signing a 10-year, 38,000 square-foot lease valued at $33.4 million.

Read articleNews from Los Angeles, Los Angeles County, California
Trade Policy Shifts Drive Industrial Real Estate Growth Near Southern California Ports
Los Angeles, California
MarketsPolicy

Trade Policy Shifts Drive Industrial Real Estate Growth Near Southern California Ports

Despite global trade volatility, industrial real estate markets adjacent to the Ports of Los Angeles and Long Beach are experiencing a strong year for leasing and rent growth, fueled by increased shipping volumes and a surge in advanced manufacturing demand.

Read articleNews from Los Angeles, Los Angeles County, California
JPI Secures Site for $125 Million, 257-Unit Apartment Project in Gardena
Gardena, California
Markets

JPI Secures Site for $125 Million, 257-Unit Apartment Project in Gardena

Developer JPI has finalized the acquisition of a 2.14-acre parcel in Gardena, where it plans to construct a five-story building with 257 apartments, addressing a recognized housing supply gap in the South Bay.

Read articleNews from Gardena, Los Angeles County, California
Pasadena's Playhouse Village Welcomes 49 New Condominiums to Market
Pasadena, California
CompaniesMarkets

Pasadena’s Playhouse Village Welcomes 49 New Condominiums to Market

The Madison, a five-story building designed by Struere, is now offering units ranging from 1,036 to 1,856 square feet, with asking prices between $1.5 million and $2.7 million.

Read articleNews from Pasadena, Los Angeles County, California
Framing Complete for 117-Unit Affordable Housing in LA's Westchester
Los Angeles, California
CompaniesPolicy

Framing Complete for 117-Unit Affordable Housing in LA’s Westchester

A 117-unit affordable housing complex at 9033 Ramsgate Avenue in Los Angeles, developed by Six Peak Capital, has reached its wood framing completion. The project utilizes density bonus incentives and the Mayor's Executive Directive 1 to provide homes for low- and moderate-income renters.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles County Investment Sales Surge in July, Led by Multifamily Sector
Los Angeles, California
Markets

Los Angeles County Investment Sales Surge in July, Led by Multifamily Sector

Commercial real estate investment sales in Los Angeles County saw a substantial acceleration in July, with multifamily properties driving the majority of the deployed capital and overall dollar volume growth. This increase occurred despite elevated borrowing costs, highlighting strong demand in specific property types.

Read articleNews from Los Angeles, Los Angeles County, California
Updated Design Revealed for 200-Unit Residential Tower at 8844 Burton Way in Beverly Hills
Beverly Hills, California
PolicyZoning

Updated Design Revealed for 200-Unit Residential Tower at 8844 Burton Way in Beverly Hills

A revised design has emerged for a 26-story apartment building in Beverly Hills, which includes 200 residential units and is advancing as a Builder's Remedy project despite local design incongruities.

Read articleNews from Beverly Hills, Los Angeles County, California
Alliant Strategic Completes 332-Unit Mixed-Use Project in Van Nuys
Los Angeles, California
MarketsPolicy

Alliant Strategic Completes 332-Unit Mixed-Use Project in Van Nuys

The Sona development at 7050 Van Nuys Boulevard in Los Angeles features apartments and ground-floor commercial space, utilizing Transit Oriented Communities incentives to include affordable housing units.

Read articleNews from Los Angeles, Los Angeles County, California
Jaime Lee Appointed Senior Managing Director at Kennedy Wilson Following Jamison Tenure
Los Angeles, California
CompaniesMarkets

Jaime Lee Appointed Senior Managing Director at Kennedy Wilson Following Jamison Tenure

Jaime Lee, formerly CEO of Jamison, has joined Kennedy Wilson as Senior Managing Director of Capital Markets and Investments. This move follows her two-decade career at Jamison, a prominent Los Angeles developer known for its office-to-residential conversions.

Read articleNews from Los Angeles, Los Angeles County, California
California IBank Secures $236 Million Bond for La Brea Tar Pits Master Plan
Los Angeles, California
InfrastructurePolicy

California IBank Secures $236 Million Bond for La Brea Tar Pits Master Plan

The California Infrastructure and Economic Development Bank (IBank) has closed a $236 million revenue bond to fund the initial phase of the La Brea Tar Pits and George C. Page Museum's extensive renovation. This financing supports a Weiss/Manfredi-designed master plan, transforming the 13-acre site with new facilities and research centers.

Read articleNews from Los Angeles, Los Angeles County, California
Framing Progresses on 192-Unit Affordable Housing Project in Los Angeles' Lake Balboa
Los Angeles, California
MarketsPolicy

Framing Progresses on 192-Unit Affordable Housing Project in Los Angeles’ Lake Balboa

Construction is advancing on Linc Housing's 192-apartment affordable housing complex at 17100 Victory Boulevard in Lake Balboa. The development, financed by the Los Angeles Housing Authority, will provide homes for homeless households and families earning 30 to 80 percent of the area median income.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Planning Commission Approves 39-Unit West L.A. Apartment Project
Los Angeles, California
MarketsPolicy

Los Angeles Planning Commission Approves 39-Unit West L.A. Apartment Project

The Los Angeles City Planning Commission has approved a new six-story residential building at 10535 W. Missouri Avenue in West L.A., which will feature 39 apartments. This project by Jenson Capital utilizes density bonus incentives to allow for a larger structure in exchange for setting aside six units for very low- and moderate-income households.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Permits 8,800 New Homes in First Half of 2026, Tripling Previous Year's Pace
Los Angeles, California
MarketsPolicy

Los Angeles Permits 8,800 New Homes in First Half of 2026, Tripling Previous Year’s Pace

The City of Los Angeles permitted over 8,800 new homes in the first half of 2026, nearly tripling last year's pace, according to Hilgard Economics. While a rebound, this figure includes replacement housing and still falls short of addressing the region's persistent housing shortage.

Read articleNews from Los Angeles, Los Angeles County, California
Reseda Sees Start of Construction for 244 Affordable Senior Apartments
Los Angeles, California
PolicyZoning

Reseda Sees Start of Construction for 244 Affordable Senior Apartments

Meta Housing Corp. has commenced construction on a six-story building at 19300 W. Sherman Way, which will provide 244 one- and two-bedroom apartments for low- and moderate-income seniors. The project in Reseda utilizes the City of Los Angeles Affordable Housing Incentive Program to allow for a larger structure.

Read articleNews from Los Angeles, Los Angeles County, California
Draft Environmental Report Released for 73-Unit Affordable Housing Project in Long Beach
Long Beach, California
PolicyRegulation

Draft Environmental Report Released for 73-Unit Affordable Housing Project in Long Beach

A proposed 73-unit affordable housing complex in Long Beach, developed by West Hollywood Community Housing Corp., has moved forward with the release of its draft environmental impact report. The development at 3401 Cerritos Avenue will feature a mix of one- to four-bedroom apartments.

Read articleNews from Long Beach, Los Angeles County, California
Los Angeles Metro Ranks Second Nationally for Medical Office Leasing Amid High Demand
Los Angeles, California
MarketsPolicy

Los Angeles Metro Ranks Second Nationally for Medical Office Leasing Amid High Demand

The Los Angeles metro area, including Orange County, secured the second-highest national ranking for healthcare leasing activity in Q2, driven by an aging population and increasing demand for outpatient services. This surge in demand is tightening medical office supply and pushing rental rates higher.

Read articleNews from Los Angeles, Los Angeles County, California
Developers Pursue City Incentives for Stalled Oceanwide Plaza Hotel Completion
Los Angeles, California
DealsMarkets

Developers Pursue City Incentives for Stalled Oceanwide Plaza Hotel Completion

A joint venture led by KPC Development Co. and Lendlease is seeking an incentive agreement from the City of Los Angeles to finance the hotel component of the long-stalled Oceanwide Plaza project. This agreement would allow the developers to retain a portion of transient occupancy tax revenue, aiding the completion of the significant Downtown Los Angeles development.

Read articleNews from Los Angeles, Los Angeles County, California
California Awards $6.5 Million for 110-Unit Affordable Housing Project in Boyle Heights
Los Angeles, California
MarketsPolicy

California Awards $6.5 Million for 110-Unit Affordable Housing Project in Boyle Heights

Abode Communities has secured $6.5 million in state funding for Chavez Gardens, a 110-apartment development in Boyle Heights. This project, located on a Metro-owned site, will also include 3,000 square feet of ground-floor commercial space.

Read articleNews from Los Angeles, Los Angeles County, California
Construction Commences on 77-Unit Affordable Housing Project in Los Angeles' Westchester
Los Angeles, California
CompaniesPolicy

Construction Commences on 77-Unit Affordable Housing Project in Los Angeles’ Westchester

HVN Development has begun work on a five-story building at 9038 S. Reading Avenue, which will provide 77 new affordable residences for low- and moderate-income households in the Westchester area of Los Angeles, utilizing density bonus incentives.

Read articleNews from Los Angeles, Los Angeles County, California
Santa Monica Sees First SB 79 Project with Five Townhomes Proposed on Delaware Avenue
Santa Monica, California
PolicyRegulation

Santa Monica Sees First SB 79 Project with Five Townhomes Proposed on Delaware Avenue

A new development application in Santa Monica proposes five three-story townhomes, marking the city's first project to leverage state Senate Bill 79 for increased density on a single-family lot.

Read articleNews from Santa Monica, Los Angeles County, California
Pacific Palisades Faces Uneven Post-Wildfire Recovery Amid Permit Delays for Homeowners
Los Angeles, California
MarketsPolicy

Pacific Palisades Faces Uneven Post-Wildfire Recovery Amid Permit Delays for Homeowners

Eighteen months after devastating wildfires, Pacific Palisades sees the reopening of a $100 million luxury retail complex, while the vast majority of homeowners still await rebuilding permits, highlighting a significant disparity in the community's recovery efforts.

Read articleNews from Los Angeles, Los Angeles County, California
L.A. River Bike Path Project Faces Billion-Dollar Cost Tripling and Delays
Los Angeles, California
InfrastructurePolicy

L.A. River Bike Path Project Faces Billion-Dollar Cost Tripling and Delays

The ambitious eight-mile extension of the L.A. River bike path through downtown Los Angeles is now projected to cost over $1 billion, nearly tripling its original estimate, with groundbreaking pushed back by two years due to planning and bureaucratic hurdles.

Read articleNews from Los Angeles, Los Angeles County, California
San Dimas Commerce Center Trades for $41M, Highlighting Regional Deal Flow
San Dimas, California
DealsMarkets

San Dimas Commerce Center Trades for $41M, Highlighting Regional Deal Flow

SRS Real Estate Partners facilitated the $41M sale of the 179,000 SF San Dimas Commerce Center, a 90% occupied light industrial park, as part of a broader series of transactions reported across Southern California's commercial real estate sector.

Read articleNews from San Dimas, Los Angeles County, California
Los Angeles Planning Commission Approves 379-Unit Apartment Project Near La Cienega/Jefferson Station
Los Angeles, California
PolicyRegulation

Los Angeles Planning Commission Approves 379-Unit Apartment Project Near La Cienega/Jefferson Station

The Los Angeles City Planning Commission has approved an eight-story, 379-unit apartment building in West Adams, near the La Cienega/Jefferson Metro Station. The project utilizes Transit Oriented Incentive Area bonuses, providing increased density in exchange for 42 units of extremely low-income affordable housing.

Read articleNews from Los Angeles, Los Angeles County, California
Office Building at 1650 S. Westwood Blvd. to Undergo Adaptive Reuse for 31 Apartments
Los Angeles, California
MarketsPolicy

Office Building at 1650 S. Westwood Blvd. to Undergo Adaptive Reuse for 31 Apartments

The owner of a 1970s commercial building in Westwood is shifting from ground-up construction to converting and expanding the existing structure. The revised plan for 1650 S. Westwood Blvd. will create 31 apartments, including seven extremely low-income units, utilizing city housing incentives.

Read articleNews from Los Angeles, Los Angeles County, California
Pasadena Design Commission Reviews Revised Plans for 71-Unit Senior Housing Project
Pasadena, California
MarketsRegulation

Pasadena Design Commission Reviews Revised Plans for 71-Unit Senior Housing Project

The Pasadena Design Commission has received a staff report detailing updated plans for a mixed-use development at 540 S. Lake Avenue, which now proposes 71 senior apartments and ground-floor retail space.

Read articleNews from Pasadena, Los Angeles County, California
Wood Framing Rises for 405-Unit Uncommon Sepulveda Development in Van Nuys
Los Angeles, California
MarketsPolicy

Wood Framing Rises for 405-Unit Uncommon Sepulveda Development in Van Nuys

Wood framing is advancing for Uncommon Developers' 405-unit 'Uncommon Sepulveda' project at 6728 Sepulveda Boulevard in Van Nuys, which utilizes Transit Oriented Communities incentives to include 41 affordable housing units.

Read articleNews from Los Angeles, Los Angeles County, California
New 56-Unit Affordable Housing Project Proposed Near Leimert Park Station
Los Angeles, California
MarketsPolicy

New 56-Unit Affordable Housing Project Proposed Near Leimert Park Station

A five-story building featuring 56 apartments for low- and moderate-income renters is planned for 4345 S. Crenshaw Boulevard in Los Angeles. Developed by Venice Community Housing, the project utilizes affordable housing bonuses and includes ground-floor commercial space near the K Line's Leimert Park Station.

Read articleNews from Los Angeles, Los Angeles County, California
New Renderings Unveiled for $22 Million Watts Towers Art Center Expansion
Los Angeles, California
InfrastructurePolicy

New Renderings Unveiled for $22 Million Watts Towers Art Center Expansion

The Watts Towers Art Center campus in Los Angeles is set for a significant $22 million expansion, with newly released renderings showcasing 30,000 square feet of new park space and amenities. This project, funded in part by a $10 million grant from Jeff Bezos' Earth Fund, marks the first major revamp of the five-acre site since 1961.

Read articleNews from Los Angeles, Los Angeles County, California
Monterey Park Approves Expanded Mixed-Use Project at 114 E. Garvey Avenue
Monterey Park, California
PolicyZoning

Monterey Park Approves Expanded Mixed-Use Project at 114 E. Garvey Avenue

The City of Monterey Park has greenlit a revised plan for the Celadon project, increasing its residential capacity from 105 condominiums to 169 apartments. This latest approval on August 5 also reduces commercial space and parking for the development at 114 E. Garvey Avenue.

Read articleNews from Monterey Park, Los Angeles County, California
Five-Story Affordable Housing Project Proposed for East Hollywood Site
Los Angeles, California
MarketsPolicy

Five-Story Affordable Housing Project Proposed for East Hollywood Site

A new 76-unit affordable housing complex is planned for 1058 N. Kingsley Drive in East Hollywood, replacing four existing homes. The project, utilizing a citywide housing incentive program, will feature prefabricated modular units and no on-site parking.

Read articleNews from Los Angeles, Los Angeles County, California
El Segundo L.A. Sparks Training Complex Progresses Towards 2027 Completion
El Segundo, California
CompaniesInfrastructure

El Segundo L.A. Sparks Training Complex Progresses Towards 2027 Completion

Steel framing is rapidly advancing for the $150-million headquarters and training center for the WNBA's Los Angeles Sparks in El Segundo, a significant development for women's professional sports infrastructure.

Read articleNews from El Segundo, Los Angeles County, California
Renderings Unveiled for Rebuilding Pacific Palisades Recreation Center
Los Angeles, California
PolicyZoning

Renderings Unveiled for Rebuilding Pacific Palisades Recreation Center

Plans for the fire-damaged Pacific Palisades Recreation Center, encompassing a new two-story building and an upgraded 17-acre park, were presented to the Los Angeles Board of Cultural Affairs Commissioners. Gensler and SWA Group are collaborating on the design for the project located at 851 Alma Real Drive.

Read articleNews from Los Angeles, Los Angeles County, California
Glendale Design Review Board Considers 42-Unit Apartment Project on Montrose Avenue
Glendale, California
PolicyRegulation

Glendale Design Review Board Considers 42-Unit Apartment Project on Montrose Avenue

Plans have been presented to the Glendale Design Review Board for a new four-story, 42-unit apartment building at 2817 Montrose Avenue. The project, which includes five affordable housing units, would replace a former 1950s church structure.

Read articleNews from Glendale, Los Angeles County, California
Warner Center's Promenade Mall Demolished for Rams-Anchored Mixed-Use Redevelopment
Los Angeles, California
MarketsPolicy

Warner Center’s Promenade Mall Demolished for Rams-Anchored Mixed-Use Redevelopment

The former Promenade Mall in Warner Center has been razed, clearing the site for a significant mixed-use development known as Rams Village. This project, owned by Stan Kroenke, will feature the Los Angeles Rams' new headquarters, over 3,100 homes, hotel, office, and entertainment venues across 52 acres.

Read articleNews from Los Angeles, Los Angeles County, California
Renderings Revealed for 110-Unit Workforce Housing Project in Pasadena
Pasadena, California
MarketsPolicy

Renderings Revealed for 110-Unit Workforce Housing Project in Pasadena

A new 110-unit workforce housing complex, designed by SVA Architects for Pasadena Unified employees, is moving forward with a Design Commission review. Located at 315 N. Pasadena Avenue, the project features Mediterranean-style apartments and townhomes, with half of the units designated as affordable.

Read articleNews from Pasadena, Los Angeles County, California
Five Small Lot Homes with ADU Planned for Mid-City Site
Los Angeles, California
PolicyZoning

Five Small Lot Homes with ADU Planned for Mid-City Site

A 1930s single-family home in Los Angeles' Mid-City is slated for demolition to make way for five new four-story townhomes, including one junior accessory dwelling unit. The project at 4523 W. 18th Street will utilize California's SB 684 to streamline its approval.

Read articleNews from Los Angeles, Los Angeles County, California
Innocean USA Expands Headquarters to 101,000 SF at Hackman Capital's El Segundo Campus
El Segundo, California
CompaniesDeals

Innocean USA Expands Headquarters to 101,000 SF at Hackman Capital’s El Segundo Campus

International advertising agency Innocean USA is significantly expanding its office footprint, relocating its headquarters to a 101,000-square-foot space within Hackman Capital Partners' creative campus in El Segundo, California. This move will accommodate nearly 600 employees and includes dedicated production facilities.

Read articleNews from El Segundo, Los Angeles County, California
Inglewood's The Landing Mixed-Use Development, Featuring 222 Units and Retail, Nears Completion
Inglewood, California
MarketsZoning

Inglewood’s The Landing Mixed-Use Development, Featuring 222 Units and Retail, Nears Completion

The Landing, an eight-story mixed-use complex by JPI, is nearing completion at 939 W. Manchester Boulevard in Inglewood. This development introduces 222 residential units and 3,500 square feet of retail, incorporating affordable housing through density bonus incentives.

Read articleNews from Inglewood, Los Angeles County, California
Glendale's Largest Affordable Housing Project, Pioneer Village, Nears Completion
Glendale, California
PolicyZoning

Glendale’s Largest Affordable Housing Project, Pioneer Village, Nears Completion

The 340-unit Pioneer Village development, a joint venture by Linc Housing Corp. and National CORE, is approaching occupancy at 515 Pioneer Drive, marking a significant addition to Glendale's affordable housing stock. This project, on a site acquired by the City of Glendale in 2019, will be the largest of its kind in the city's history.

Read articleNews from Glendale, Los Angeles County, California
Framing Progresses on 52-Unit Affordable Housing Development on Fairfax Avenue
Los Angeles, California
PolicyZoning

Framing Progresses on 52-Unit Affordable Housing Development on Fairfax Avenue

Two four-story buildings by Taylor Equities are taking shape at 1332 and 1346 N. Fairfax Avenue, bringing 52 low- and moderate-income apartments to the border of Hollywood and West Hollywood, utilizing density bonus incentives.

Read articleNews from Los Angeles, Los Angeles County, California
Wood Framing Nears Completion for 281-Unit Mixed-Use Development in Long Beach
Long Beach, California
MarketsPolicy

Wood Framing Nears Completion for 281-Unit Mixed-Use Development in Long Beach

A Holland Partner Group mixed-use project at 6700 Pacific Coast Highway in Long Beach is nearing structural completion, set to deliver 281 apartments, including 13 affordable units, alongside ground-floor retail.

Read articleNews from Long Beach, Los Angeles County, California
Los Angeles County Allocates $15M for Supportive Housing Conversion in Norwalk
Norwalk, California
MarketsPolicy

Los Angeles County Allocates $15M for Supportive Housing Conversion in Norwalk

The Los Angeles County Board of Supervisors has approved an additional $15 million to transform disused buildings at the Metropolitan State Hospital campus in Norwalk into a comprehensive mental healthcare village, including 60 units of permanent supportive housing for formerly homeless adults. This funding advances a multi-phase project aimed at addressing homelessness and mental health needs.

Read articleNews from Norwalk, Los Angeles County, California
Mixed-Use Affordable Housing Project Proposed for Jefferson Park in Los Angeles
Los Angeles, California
PolicyZoning

Mixed-Use Affordable Housing Project Proposed for Jefferson Park in Los Angeles

A new six-story building featuring 35 affordable apartments and ground-floor retail is slated for 2306 W. Jefferson Boulevard, replacing a surface parking lot in Los Angeles's Jefferson Park neighborhood. The project, developed by Kalnel Gardens, LLC, aims to provide housing for low- and moderate-income renters.

Read articleNews from Los Angeles, Los Angeles County, California
Jamison Services Begins Adaptive Reuse Project for 217 Apartments on Wilshire Boulevard
Los Angeles, California
CompaniesMarkets

Jamison Services Begins Adaptive Reuse Project for 217 Apartments on Wilshire Boulevard

Developer Jamison Services has received permits to convert a 17-story, 144,000-square-foot office building at 6380 Wilshire Boulevard into 217 new apartment units, expanding its adaptive reuse portfolio in Los Angeles.

Read articleNews from Los Angeles, Los Angeles County, California
Norwalk Approves Mixed-Use Project with 120 Homes and New Hotel on Firestone Boulevard
Norwalk, California
DealsPolicy

Norwalk Approves Mixed-Use Project with 120 Homes and New Hotel on Firestone Boulevard

The City of Norwalk has approved a proposal to redevelop a 7.7-acre site on Firestone Boulevard, replacing an existing hotel with a mixed-use development. The project will feature 120 new single-family homes and townhomes by Brandywine Homes, alongside a new four-story, 130-room hotel developed by Vaidehi Inc.

Read articleNews from Norwalk, Los Angeles County, California
Santa Monica's Modera Project Reveals Updated Design for 353 Apartments
Santa Monica, California
MarketsPolicy

Santa Monica’s Modera Project Reveals Updated Design for 353 Apartments

Mill Creek Residential Trust has presented a revised design for its Modera Santa Monica development, an eight-story building slated to bring 353 new apartments, including affordable units, to 1633 26th Street. The project is currently under review by the Santa Monica Architectural Review Board.

Read articleNews from Santa Monica, Los Angeles County, California
Long Beach Committee Reviews Plans for 55 Affordable Units at 1850 Atlantic Avenue
Long Beach, California
PolicyRegulation

Long Beach Committee Reviews Plans for 55 Affordable Units at 1850 Atlantic Avenue

A city-owned property at 1850-1862 Atlantic Avenue in Long Beach is slated for a new six-story development, featuring 55 affordable housing units. The project, reviewed by the Site Plan Review Committee, will cater to very low- and extremely low-income households.

Read articleNews from Long Beach, Los Angeles County, California
Duxre Launches AI Brief to Convert Unstructured CRE Data for LLMs
Santa Monica, California
CompaniesMarkets

Duxre Launches AI Brief to Convert Unstructured CRE Data for LLMs

Santa Monica-based Duxre, a commercial real estate deal platform, has introduced AI Brief, a software system that converts complex sales and leasing data into an LLM-readable format. This innovation aims to streamline data processing, reduce file sizes, and combat AI hallucination in real estate analysis.

Read articleNews from Santa Monica, Los Angeles County, California
University of California Regents Acquire 16 Westwood Village Properties for $49.8 Million
Los Angeles, California
DealsMarkets

University of California Regents Acquire 16 Westwood Village Properties for $49.8 Million

The University of California system has expanded its commercial real estate holdings with the purchase of a 16-property portfolio in Los Angeles's Westwood Village. This $49.8 million acquisition, totaling 181,855 square feet, is situated immediately south of the UCLA campus.

Read articleNews from Los Angeles, Los Angeles County, California
MDNI Group Acquires Santa Monica Multifamily Property from Receivership for $23.5M
Santa Monica, California
DealsLegal

MDNI Group Acquires Santa Monica Multifamily Property from Receivership for $23.5M

A 28-unit coastal multifamily asset in Santa Monica was sold to MDNI Group for $23.5M, a transaction completed through a court-supervised receivership, reflecting a significant price adjustment from its 2021 acquisition.

Read articleNews from Santa Monica, Los Angeles County, California
Vertical Construction Progresses for 189-Unit Affordable Housing Project in Echo Park
Los Angeles, California
MarketsPolicy

Vertical Construction Progresses for 189-Unit Affordable Housing Project in Echo Park

The Court Residences, a seven-story development by Visionary Developments, is now under vertical construction at 1540 Court Street. This project will deliver 189 studio, one-, and two-bedroom apartments for low- and middle-income households in Los Angeles' Echo Park neighborhood.

Read articleNews from Los Angeles, Los Angeles County, California
Jamison Services Converts Koreatown Apartment Project to 147 Affordable Units
Los Angeles, California
CompaniesPolicy

Jamison Services Converts Koreatown Apartment Project to 147 Affordable Units

Developer Jamison Services has revised plans for a seven-story building at 975 S. Manhattan Place in Los Angeles' Koreatown, shifting from a market-rate proposal to an entirely income-restricted complex with 147 units for low- and moderate-income renters. This move follows the company's establishment of a new affordable housing division, Arden Residential.

Read articleNews from Los Angeles, Los Angeles County, California
Culver City's Hayden Tract Designated for Mixed-Use Housing Redevelopment
Culver City, California
MarketsPolicy

Culver City’s Hayden Tract Designated for Mixed-Use Housing Redevelopment

Following the adoption of its General Plan 2045, Culver City is prioritizing housing needs within the Hayden Tract, shifting its zoning to mixed-use redevelopment amidst high office vacancy rates.

Read articleNews from Culver City, Los Angeles County, California
Rosa's Place Supportive Housing Project Tops Out in Downtown Los Angeles
Los Angeles, California
MarketsPolicy

Rosa’s Place Supportive Housing Project Tops Out in Downtown Los Angeles

A new 97-unit permanent supportive housing complex, Rosa's Place, has reached its topping-out milestone in Downtown Los Angeles' Skid Row. This development, a partnership between Daylight Community Development and GTM Holdings, is set to significantly expand the Downtown Women's Center's housing capacity upon its anticipated Fall 2027 completion.

Read articleNews from Los Angeles, Los Angeles County, California
Construction Begins on 65-Unit Apartment Project in Hollywood
Los Angeles, California
MarketsPolicy

Construction Begins on 65-Unit Apartment Project in Hollywood

A.J. Khair has commenced construction on a new six-story multifamily development at 1919-1921 N. Wilcox Avenue in Hollywood, replacing a former parking lot and commercial building. The project leverages Transit Oriented Communities incentives to deliver 65 apartments, including seven designated as extremely low-income affordable housing.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles County Land Bank Acquires Van Nuys Site for Affordable Housing Development
Los Angeles, California
PolicyZoning

Los Angeles County Land Bank Acquires Van Nuys Site for Affordable Housing Development

The Los Angeles County Land Bank is acquiring a half-acre property in Van Nuys for $2.2 million, designated for a significant affordable, mixed-use housing project. This acquisition, part of a pilot program, could yield up to 195 residential units near a future Metro transit line.

Read articleNews from Los Angeles, Los Angeles County, California
Draft EIR Published for Onni Group's 46-Story Residential Tower on Wilshire Boulevard
Los Angeles, California
MarketsPolicy

Draft EIR Published for Onni Group’s 46-Story Residential Tower on Wilshire Boulevard

The Los Angeles Department of City Planning has released the draft environmental impact report for Onni Group's proposed 46-story high-rise at 5350 Wilshire Boulevard, which includes 419 dwellings and ground-floor retail. This development utilizes Transit Oriented Communities incentives and will feature 47 extremely low-income affordable housing units near the Wilshire/La Brea Metro station.

Read articleNews from Los Angeles, Los Angeles County, California
102-Unit Apartment Development Breaks Ground in Sawtelle, Los Angeles
Los Angeles, California
MarketsPolicy

102-Unit Apartment Development Breaks Ground in Sawtelle, Los Angeles

A new seven-story building featuring 102 apartments, including 14 affordable units, has commenced construction at 1717 S. Beloit Avenue. Developed by EJKS, LLC, the project utilizes density bonus incentives to increase housing supply in the Sawtelle neighborhood.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles to Implement Street Safety Project in Chinatown, Adding Protected Bike Lanes
Los Angeles, California
PolicyRegulation

Los Angeles to Implement Street Safety Project in Chinatown, Adding Protected Bike Lanes

Construction is set to begin in August on the Spring/Alameda Safety and Mobility Project in Los Angeles's Chinatown. This initiative will reconfigure a 1.2-mile stretch of Spring and Alameda Streets, removing vehicle lanes to install Class IV protected bike lanes and enhance pedestrian accessibility.

Read articleNews from Los Angeles, Los Angeles County, California
Lennar's Manhattan Square Brings 351 New Homes to Carson
Carson, California
CompaniesMarkets

Lennar’s Manhattan Square Brings 351 New Homes to Carson

The Manhattan Square development by Lennar, located near the I-405 Freeway in Carson, is nearing completion, offering 351 condominiums and townhomes. This project aims to provide much-needed homeownership opportunities in the South Bay area, with units starting in the mid-$700,000s.

Read articleNews from Carson, Los Angeles County, California
Eleos Revises Hyde Park Project to Deliver 187 Fully Affordable Apartments
Los Angeles, California
MarketsPolicy

Eleos Revises Hyde Park Project to Deliver 187 Fully Affordable Apartments

Developer Eleos has filed revised plans for its six-story development at 7715 S. Crenshaw Boulevard in Los Angeles's Hyde Park, converting the previous mixed-income proposal into a fully income-restricted complex featuring 187 residential units and ground-floor retail.

Read articleNews from Los Angeles, Los Angeles County, California
Wood Framing Tops Out for 73-Unit Affordable Housing Project in Del Rey
Los Angeles, California
PolicyZoning

Wood Framing Tops Out for 73-Unit Affordable Housing Project in Del Rey

The project at 4706 Centinela Avenue by developer Passo will offer 73 studio and one-bedroom apartments for low- and moderate-income households. This eight-story building in Los Angeles's Del Rey neighborhood utilized density bonus incentives to facilitate its development.

Read articleNews from Los Angeles, Los Angeles County, California
Nithya Raman Outlines Plan to Boost Housing Production and Streamline Development in Los Angeles
Los Angeles, California
PolicyRegulation

Nithya Raman Outlines Plan to Boost Housing Production and Streamline Development in Los Angeles

Los Angeles mayoral candidate Nithya Raman has unveiled a comprehensive housing platform aimed at tripling production and simplifying development processes. Her proposals include zoning reforms, accelerated approval timelines, and addressing the city's significant housing deficit and homelessness crisis.

Read articleNews from Los Angeles, Los Angeles County, California
Alexan West End: 600-Unit Apartment Complex Nears Completion in Downtown Long Beach
Long Beach, California
CompaniesMarkets

Alexan West End: 600-Unit Apartment Complex Nears Completion in Downtown Long Beach

The Alexan West End development, a 600-unit apartment complex by Trammell Crow Residential and R&V Management, has shed its wrapping at 600 Broadway in Downtown Long Beach. This project introduces seven- and eight-story buildings with various apartment types and amenities, marking a significant step in a larger approved plan for the site.

Read articleNews from Long Beach, Los Angeles County, California
Winnetka Mixed-Use Project Proposes 113 Apartments with Affordable Units
Los Angeles, California
MarketsPolicy

Winnetka Mixed-Use Project Proposes 113 Apartments with Affordable Units

An application has been filed with the Los Angeles Department of City Planning for a new six-story mixed-use development in Winnetka, featuring 113 apartments and ground-floor commercial space.

Read articleNews from Los Angeles, Los Angeles County, California
Senator Bill Greene Memorial Park Nears Completion in South Los Angeles
Los Angeles, California
PolicyZoning

Senator Bill Greene Memorial Park Nears Completion in South Los Angeles

The half-acre Senator Bill Greene Memorial Park is nearing completion at 5800 S. Figueroa Street in South Los Angeles, converting a former LADWP site into public open space with hardscape and amenities.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles Commercial Corridors Experience Multimillion-Dollar Losses and Delayed Expansion Due to Immigration Crackdowns
Los Angeles, California
MarketsPolicy

Los Angeles Commercial Corridors Experience Multimillion-Dollar Losses and Delayed Expansion Due to Immigration Crackdowns

A year after significant immigration enforcement in mid-2025, Los Angeles businesses, particularly in the Fashion District and Little Tokyo, continue to face substantial revenue losses and reduced foot traffic, impacting their ability to expand and maintain operations. This ongoing uncertainty poses challenges for commercial property owners and developers in the region.

Read articleNews from Los Angeles, Los Angeles County, California
Harbor-UCLA Medical Center Advances $1.8 Billion Expansion in West Carson
West Carson, California
InfrastructurePolicy

Harbor-UCLA Medical Center Advances $1.8 Billion Expansion in West Carson

The Harbor-UCLA Medical Center is progressing with its substantial $1.8 billion expansion in West Carson, featuring a new nine-story hospital tower and a six-story clinic building, driven by state-mandated seismic safety upgrades.

Read articleNews from West Carson, Los Angeles County, California
Los Angeles Planning Commission Approves 93-Unit Apartment Project in Sun Valley
Los Angeles, California
PolicyRegulation

Los Angeles Planning Commission Approves 93-Unit Apartment Project in Sun Valley

The Los Angeles City Planning Commission has authorized a four-story, 93-apartment development in Sun Valley, replacing a collision repair shop. The project utilizes density bonus incentives, requiring 19 units to be designated for low- and very low-income households.

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SB 1123 Project Proposes Ten Small Lot Homes with ADUs in Sylmar
Los Angeles, California
PolicyZoning

SB 1123 Project Proposes Ten Small Lot Homes with ADUs in Sylmar

A vacant 49,000-square-foot lot near Sylmar Park is slated for redevelopment with 10 single-family homes, each featuring an attached junior accessory dwelling unit. The project, proposed by Art Property Group and designed by Artdesign, leverages state legislation SB 1123 for streamlined approval.

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CIM Group Acquires 166-Unit Domain WeHo Apartments in West Hollywood
West Hollywood, California
CompaniesDeals

CIM Group Acquires 166-Unit Domain WeHo Apartments in West Hollywood

CIM Group, in partnership with Hulic Company, has purchased the 166-unit Domain WeHo apartment community in West Hollywood, expanding its holdings in the area. This acquisition adds a seven-story property with retail space and affordable housing units to its portfolio.

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Fashion Nova Secures 132,888 SF Industrial Lease in Santa Fe Springs
Santa Fe Springs, California
CompaniesDeals

Fashion Nova Secures 132,888 SF Industrial Lease in Santa Fe Springs

Fast-fashion retailer Fashion Nova has expanded its logistics operations with a significant warehouse lease in Santa Fe Springs, increasing its local footprint by approximately 33 percent. This deal reflects broader trends of recovering leasing activity in the Los Angeles County industrial market.

Read articleNews from Santa Fe Springs, Los Angeles County, California
Sony Pictures and Alamo Drafthouse to Revive Historic Cinerama Dome in Hollywood
Los Angeles, California
CompaniesDeals

Sony Pictures and Alamo Drafthouse to Revive Historic Cinerama Dome in Hollywood

Six years after its closure, the iconic Cinerama Dome and its adjacent 14-screen complex in Hollywood are slated for renovation and reopening by Sony Pictures Entertainment and Alamo Drafthouse Cinema, with work beginning next month and continuing into 2028. This partnership aims to restore the landmark property while integrating Alamo Drafthouse's programming.

Read articleNews from Los Angeles, Los Angeles County, California
Beverly Hills City Council Affirms Builder's Remedy Project Despite Local Opposition
Beverly Hills, CaliforniaTrending
PolicyRegulation

Beverly Hills City Council Affirms Builder’s Remedy Project Despite Local Opposition

The Beverly Hills City Council has upheld the approval of an eight-story, 55-unit apartment complex on South Tower Drive, overriding an appeal from local homeowners who sought to block the development. This decision highlights the impact of state housing laws like Builder's Remedy on local zoning authority.

Read articleNews from Beverly Hills, Los Angeles County, California
LA County Approves Mixed-Use Wellness and Education Campus in Willowbrook
Willowbrook, California
DealsPolicy

LA County Approves Mixed-Use Wellness and Education Campus in Willowbrook

The Los Angeles County Board of Supervisors has granted final approval for a significant mixed-use development by Century Housing and Charles R. Drew University of Medicine & Science, featuring affordable housing and commercial spaces.

Read articleNews from Willowbrook, Los Angeles County, California
Beverly Hills, CaliforniaTrending
DealsZoning

Beverly Hills Weighs Proposal for 23-Unit Apartment Building

A seven-story, 23-unit apartment building is being proposed for a site currently occupied by two century-old duplexes in Beverly Hills. The project relies on density bonus incentives to achieve its proposed size.

Read articleNews from Beverly Hills, Los Angeles County, California
$2 Billion "Fourth & Central" Megaproject Approved in Downtown Los Angeles
Los Angeles, CaliforniaTrending
DealsDevelopment

$2 Billion “Fourth & Central” Megaproject Approved in Downtown Los Angeles

The Los Angeles City Council has approved the $2 billion Fourth & Central mixed-use development, a 7.6-acre project that will bring nearly 1,600 new residential units to the city's downtown core.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles, CaliforniaTrending
DealsMarkets

LA City Council Approves 1,589-Unit Fourth & Central Project

The Los Angeles City Council has given the green light to the $2 billion Fourth & Central megaproject in Downtown L.A. The 7.6-acre development will feature 1,589 residential units, along with office and retail space, and is expected to be a key anchor for the area's growth.

Read articleNews from Los Angeles, Los Angeles County, California
DCM Rentals Proposes 115-Unit Affordable Housing Project in Palms
Los Angeles, California
DealsMarkets

DCM Rentals Proposes 115-Unit Affordable Housing Project in Palms

A new proposal from DCM Rentals aims to replace a commercial building in the Palms district of Los Angeles with a seven-story, 115-unit affordable housing complex.

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Los Angeles City Council Declines to Place ULA Tax Break on November Ballot
Los Angeles, CaliforniaTrending
DealsPolicy

Los Angeles City Council Declines to Place ULA Tax Break on November Ballot

The Los Angeles City Council has shelved a ballot measure that would have asked voters to exempt new multifamily projects from the Measure ULA transfer tax. Instead, the city will explore a pilot tax credit program for affordable and mixed-use developments.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles City Council Shelves "Mansion Tax" Ballot Measure
Los Angeles, CaliforniaTrending
LegalPolicy

Los Angeles City Council Shelves “Mansion Tax” Ballot Measure

The Los Angeles City Council has decided against putting a ballot measure to voters that would have exempted new multifamily projects from the controversial Measure ULA, also known as the "mansion tax." Instead, the council is pursuing a pilot tax credit program.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles, CaliforniaTrending
DealsMarkets

Developer Repurchases Valley Village Condo Complex for $15.9M

The original developer of a 48-unit condo complex in Valley Village has bought back the property for $15.9 million, highlighting continued investor interest in flexible multifamily assets in the San Fernando Valley.

Read articleNews from Los Angeles, Los Angeles County, California
JV Plans 4,000 Affordable Units in L.A., Starting With Former World Trade Center
Los Angeles, CaliforniaTrending
DealsMarkets

JV Plans 4,000 Affordable Units in L.A., Starting With Former World Trade Center

Kennedy Wilson and Jamison have partnered to create 4,000 affordable housing units in Los Angeles, starting with the conversion of the former L.A. World Trade Center into a 512-unit complex.

Read articleNews from Los Angeles, Los Angeles County, California
Los Angeles, CaliforniaTrending
LegalMarkets

Proposed State Law Could Drastically Reduce Los Angeles’s Measure ULA Tax

A new state bill proposes to cap local transfer taxes at 1.5%, which would significantly reduce the revenue from Los Angeles's Measure ULA and affect funding for affordable housing programs.

Read articleNews from Los Angeles, Los Angeles County, California
Voters to Decide on Higher Threshold for Local Tax Hikes
Los Angeles, CaliforniaTrending
LegalPolicy

Voters to Decide on Higher Threshold for Local Tax Hikes

A measure requiring a two-thirds majority for new local special taxes proposed by citizen initiatives will appear on California's November ballot. This compromise measure preserves existing taxes like Los Angeles's Measure ULA but makes future increases more difficult.

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Joint Venture to Build 4,000 Affordable Housing Units in Los Angeles
Los Angeles, CaliforniaTrending
CompaniesDeals

Joint Venture to Build 4,000 Affordable Housing Units in Los Angeles

Kennedy Wilson and Jamison have formed a joint venture to create 4,000 affordable units in Los Angeles, starting with the conversion of the former World Trade Center in DTLA into a 512-unit complex.

Read articleNews from Los Angeles, Los Angeles County, California
New RESET Housing Program to Aid Palisades Area Post-Fire
Pacific Palisades, California
EnvironmentInfrastructure

New RESET Housing Program to Aid Palisades Area Post-Fire

A new housing program called RESET is being implemented in the Palisades area to help with rebuilding efforts following recent fires. The program aims to streamline the process for homeowners and developers to construct new, resilient homes.

Read articleNews from Pacific Palisades, Los Angeles County, California
Olson Homes Proposes 159 Townhomes in Monterey Park
Monterey Park, California
Deals

Olson Homes Proposes 159 Townhomes in Monterey Park

Developer Olson Urban Housing has submitted plans to replace two vacant medical office buildings with a gated community of 159 townhomes. The project includes 16 units designated for moderate-income households.

Read articleNews from Monterey Park, Los Angeles County, California
Linc Housing to Replace its Headquarters with Affordable Apartments
Long Beach, CaliforniaTrending
CompaniesDeals

Linc Housing to Replace its Headquarters with Affordable Apartments

Nonprofit developer Linc Housing has filed plans to demolish its own headquarters in Long Beach and build a 109-unit affordable housing complex in its place. The project will serve low-income families and include new ground-floor offices for the organization.

Read articleNews from Long Beach, Los Angeles County, California
Culver City Embraces Pro-Housing Policies to Boost Development
Culver City, CaliforniaTrending
DealsPolicy

Culver City Embraces Pro-Housing Policies to Boost Development

By implementing pro-growth strategies like eliminating parking minimums and expanding multifamily zoning, Culver City has become a development hotspot, contrasting sharply with Los Angeles's slower approach.

Read articleNews from Culver City, Los Angeles County, California
Los Angeles Moves to Exempt New Multifamily Projects From Mansion Tax
Los Angeles, CaliforniaTrending
LegalMarkets

Los Angeles Moves to Exempt New Multifamily Projects From Mansion Tax

The Los Angeles City Council has voted to draft a ballot measure that would exempt newly constructed multifamily properties from the controversial Measure ULA transfer tax for 10 years.

Read articleNews from Los Angeles, Los Angeles County, California
State Bill Proposes Sharp Reduction to LA's Measure ULA Transfer Tax
Los Angeles, CaliforniaTrending
LegalPolicy

State Bill Proposes Sharp Reduction to LA’s Measure ULA Transfer Tax

A new state bill, AB 736, could reduce Los Angeles's Measure ULA transfer tax by nearly 75%. The proposed legislation would cap all local real estate transfer taxes at 1.5 percent statewide, overriding higher local rates.

Read articleNews from Los Angeles, Los Angeles County, California