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A billionaire beverage mogul is slimming down his real estate holdings in Los Angeles and across the Western United States in a nine-figure bet on the next wave of tech wealth. Russ Savage, founder of Rockstar Energy and longtime luxury home i...
On a Tuesday evening in Eagle Rock, used-bookstore owners Jeremy and Debbie Kaplan were closing up for the day when a stranger rushed through the entrance. He tossed an envelope onto the counter, said something like: “Building’s been sold,...
The City of Angels lost nearly 10,000 residents last year. L.A. County lost 62,000.It’s not exactly a mass exodus, but L.A.’s shrinking population is enough to leave a few economists shuddering at the long-term implications of so many peop...
Los Angeles County is formalizing its long-term wildfire recovery apparatus with a new agency tasked with cutting through the bureaucracy that often slows down rebuilding after major disasters.On Tuesday, the Los Angeles County Board of Supervi...
The proprietor of Los Angeles’ legendary Clifton’s has given up on reopening the shuttered venue. It’s just too difficult to do business in downtown’s historic core, he says.Andrew Meieran bought Clifton’s on Broadway in 2010 and pou...
As the office market bottoms out after a long fall, renters are swooping in to buy their own buildings.Occupant businesses are seizing the opportunity to become owners, especially in downtown Los Angeles, where glittering high-rises have plumm...
Southern California’s rent boom is losing steam and landlords across much of the region are trimming prices to keep units filled.Over the past year, rents have fallen in 33 of 53 SoCal cities tracked by ApartmentList, the Orange County Regist...
One of the most painstaking architectural renewals in recent Los Angeles memory has finally pulled a world-class jewel of modern architecture from obscurity.Designed by pioneering Modernist architect Richard Neutra in 1928, with limited collab...
As the third quarter comes to a close, a social services organization has notched the largest office lease of the year so far in Los Angeles County. The North Los Angeles County Regional Center has renewed and expanded its headquarters lease a...
Los Angeles County has a long way to go before fixing its housing shortage after decades of building too little housing to meet growing demand. Over a 40-year period since the 1970s, California built 325 new housing units for every 1,000 new p...