LA REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
Real Estate: Saks moves to protect precious spaces.
Fear of losing parking spaces drives Saks to try to put brakes on sale of lot across the street.
Real Estate: Art deco building, taken back by bank, sold for $30 million.
South Korean investors move into downtown L.A. with pricey deal for loft property.
SPECIAL REPORT: Updated zoning plan helps draw developers downtown in L.A. County’s second- biggest city.
Changes to Long Beach’s zoning codes helped turn the city’s downtown into a center of attraction for developers.
Shares of Jacobs Engineering Group Inc. ended the week at a 52-week high, as the engineering and construction services company continued to benefit from a better-than-expected quarterly report earlier this week.
KB Home has formed a partnership with a unit of Nationstar Mortgage Holdings Inc. to offer mortgage services to KB Home customers.
Luxury condo sales on rise as economy picks up
Rebounding economy helped homebuyers make their move into luxury condos last year.
Colony Financial Inc., which has been taking advantage of investment opportunities in the still-depressed residential market, late Thursday announced plans to sell at least 5 million common shares.
LTC Properties Inc. said that it had purchased two land parcels and entered into health care facility development commitments valued at more than $29 million.
West L.A.’s CBRE Group Inc. has acquired business branches from Atlanta-based commercial real estate services firm Resource Real Estate Partners LLC and TPA Realty Services LLC for an undisclosed price.
New York developer Related Cos. said that it will break ground on the first building of its long-delayed Grand Avenue project in downtown Los Angeles on Jan. 10.
The son of L.A. real estate tycoon and Los Angeles Clippers owner Donald Sterling has been found dead of an apparent drug overdose in his Malibu home.
Sam Nazarian’s SBE Entertainment LLC on Friday announced that it has partnered with developer David Edelstein to acquire Miami South Beach's famous Raleigh Hotel. The partners plan to renovate the hotel and turn it into the flagship for a new brand of luxury hotels.
KB Home on Thursday reported better-than-expected fourth-quarter profit with revenue up 20 percent. Shares fell 6 percent, however, with investors concerned about sluggish growth in new home orders.
KB Home is continuing to expand its presence in Texas, announcing Wednesday that it recently acquired land that will yield more than 700 new home sites in two fast-growing communities northeast of San Antonio.
Kilroy Realty Corp. said that it closed the sale of its entire industrial portfolio and two small office projects for $355 million.