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Influx of Asians driving San Gabriel development
San Gabriel’s booming tourism gives birth to developments.
DEVELOPMENT: Long-stalled residential project at a former Navy housing complex sets sail in San Pedro.
A long-stalled 61-acre residential project in San Pedro has been given the go-ahead by the Los Angeles City Council, paving the way for work to begin on one of the largest infill residential developments in the city.
The Newhall Ranch development hit yet another snag this week as environmentalists filed a federal lawsuit to halt construction.
An expansive residential development project in San Pedro nearly 10 years in the making gained final city approval today.
The L.A. City Council renewed its approval on Tuesday for a set of tax breaks for the Village at Topanga project by Australian mall developer Westfield Group.
CBRE Group Inc. on Monday said that it closed its acquisition of Valteq Gesellschaft, a German real estate consulting firm.
Rexford Industrial Realty Inc. has acquired a six-building industrial complex in the South Bay area of Los Angeles for $6.6 million.
The Sylmar Square Shopping Center has sold for $16.8 million – the largest retail sale in the northeast San Fernando Valley in more than a year.
Downtown L.A. developer Evoq Properties Inc. announced today that it was exploring “strategic alternatives,” including a possible sale of the company.
South Bay residential real estate brokerage Shorewood Realtors Inc. has been acquired by Denver real estate holding company Herman Group for an undisclosed price.
Mercedes-Benz USA plans to use a leased 1.1 million-square-foot former Boeing facility in Long Beach for a training center, vehicle preparation facility and its western U.S. regional office.
Edison International moved to a profit in the fourth quarter as the company nears completion of the sale of its money-losing power-generation unit.
Shares of On Assignment Inc. rose more than 7 percent on Thursday, after the staffing company reported strong fourth quarter results.
Los Angeles Mayor Eric Garcetti on Tuesday ordered the city’s planning and building and safety departments to consolidate key functions and take other steps to cut red tape for developers.
Investor moves crowdfunding model into real estate
It may have seemed unremarkable when Beverly Hills real estate company Realty Mogul Co. invested in five Baldwin Hills apartment buildings last month in deals that totaled $15 million. But it was remarkable because of this: They were financed through crowdfunding.