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The land below the Beverly Hills flagship store of luxury retailer Neiman Marcus has been sold to a New York investor as the owners of the department store chain sell property to pay debts.Neiman Marcus, which has occupied the 9700 Wilshire Bo...
Why this matters: Learn the due diligence effort a broker employed under an exclusive representation agreement owes their client-seller or buyer when acting on their behalf and implement the best effort conduct owed a client under a non-exclusi...
Key Takeaways
Downsizing can lower housing costs, but moving expenses, higher rates, and rising rents may limit savings.
A reverse mortgage lets homeowners stay in place while tapping equity without monthly mortgage payments.
The best lo...
Mold in your home doesn’t mean your selling plans need to go on hold. While selling a house with mold might feel overwhelming at first, thousands of homeowners successfully navigate this situation every year. With the right knowledge an...
Six of the 10 priciest multifamily deals in Los Angeles County were located in the City of L.A., meaning they were taxed extra via Measure ULA, which has slowed commercial trades but wasn’t enough to keep these parties from buying or selling....
When Virginia Guevara moved into a studio apartment in Orange County in 2024 after nearly a decade of homelessness, she needed far more than a roof and a bed.Scattered visits to free clinics notwithstanding, Guevara hadn’t had a full medical...
Why this episode matters: Placing real estate signs on private or public property without permission is a misdemeanor public nuisance in California, making the broker liable f...
Buying a new home before you’ve sold your current one can feel like a financial juggling act. You’ve found your dream home, but your current house is still on the market. What do you do? Enter the bridge loan — a financial tool that...
Redondo Beach city officials have put the kibosh on a proposed residential building on Pacific Coast Highway. Redondo Beach Planning Commission members rejected a plan from Redondo Seaside Living to build a four-story building at 401-417 Pacif...
Trader Joe’s has purchased a former drugstore in Santa Monica, paving the way for a fourth location in the seaside city for the popular grocer. The retailer paid $22 million this month for a shuttered Rite Aid at 1331 Wilshire Blvd., accordi...