Los Angeles Business Journal

Bethany covers the real estate industry.

Recent Stories

Sunset Complex Sells for Big Bucks

A Sunset Boulevard apartment building with 183 units has sold for $92.7 million, about $507,000 a unit.

Pershing Square Overhaul Gets $2 Million Boost

Efforts to overhaul Pershing Square, a five-acre urban park spanning a full city block in the heart of downtown Los Angeles, got a major boost Wednesday when a San Francisco real estate developer and the city together pledged $2 million to its revitalization.

Chinese Investment Group Sets Flag in Burbank

Burbank Civic Plaza, a Class A office building in the city’s civic center, has sold to a Chinese investment group for $22 million, or about $287 a square foot.

Popchips to Move Headquarters to Los Angeles

San Francisco snack food manufacturer Popchips Inc. will move its headquarters to Playa Vista next month.

Downtown Investor Caught in Laundering Sweep

A downtown L.A. investor who recently purchased a prominent South Park development site was among those arrested last week when federal agents raided the Fashion District in connection with an alleged money-laundering scheme for international drug cartels.

USC Embarks on Major Expansion

With the demolition of its outdated University Village complete, USC was expected to formally break ground Monday on the $650 million first phase of its $1.1 billion two-phase master-planned Village at USC.

Taking Stand for History

Affordable housing project preserves Fatburger’s first spot.

Affordable housing project made preserving the first Fatburger stand a main ingredient.

Tease photo

Carwash Buyer Arrested for Money-Laundering

LEGAL: Investor among group accused in alleged drug cartel scheme.

A downtown L.A. investor who recently purchased a prominent South Park development site was among those arrested last week when federal agents raided the Fashion District in connection with an alleged money-laundering scheme for international drug cartels.

Will That Monet Fade Away?

Conservation specialist devises index to assess risk for collectors.

Emily MacDonald-Korth’s index system lets collectors frame the value of paintings and other works.

Carwash Buyer Arrested for Money-Laundering

A downtown L.A. investor who recently purchased a prominent South Park development site was among those arrested last week when federal agents raided the Fashion District in connection with an alleged money-laundering scheme for international drug cartels.

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