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Greystar, which manages dozens of apartment complexes in Southern California, has settled a lawsuit that alleges the property giant and other landlords colluded to keep rents artificially high.The unusual action is aimed at limiting rent incre...
California Atty. Gen. Rob Bonta sued the Trump administration Tuesday seeking to stop a federal policy change that advocates say could force 170,000 formerly homeless Americans back on the streets or into shelters. The lawsuit focuses on a fed...
An air taxi company hoping to transform travel in time for the 2028 Olympic Games in Los Angeles is poised to purchase a local airport. Archer Aviation, based in San Jose, signed agreements to buy the Hawthorne Municipal Airport in a $126 mill...
California voters could soon be asked to usher in a major overhaul of the state’s landmark environmental law, a proposal aimed at expediting crucial infrastructure projects, including housing construction, by creating new deadlines for envir...
Banc of California will raise its profile in downtown Los Angeles by putting its name on top of a skyscraper and nearly doubling the size of its offices. The Los Angeles bank’s expansion comes at a time when downtown office landlords have be...
Banc of California’s name will soon loom over downtown Los Angeles. The financial institution, one of the biggest banks in California, has signed an 11-year lease for 40,000 square feet at 865 South Figueroa Street, CoStar reported. The buil...
Older Californians are growing in number, at 16.5% of the state’s population in 2024. Further, the number of Californians 65 years of age and older increased 3.2% in 2024 alone. Roughly three out of four Baby Boomers in the west, aged 65 an...
5.2% fewer California homes closed escrow in August 2025 compared to the same month a year earlier, according to Redfin. This continues the deflated sales trend which began mid-2022.Buyer behavior has been adversely affected by trends in real e...
Starting next year, you won’t have to comb through Facebook Marketplace or Craigslist for a decent used refrigerator because your California apartment doesn’t come with one.That’s because on Monday Gov. Gavin Newsom signed Assembly Bill ...
Why this matters: Real estate agents and brokers in 2025 observed a disappointing spring sales bounce after years of substandard home sales since the 2021 pandemic buying frenzy. Buyers lost purchasing power to the highest mortgage rates and as...