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The Metropolitan apartment and retail building in Downtown L.A. is in a receiver’s hands after the Fallas family allegedly defaulted on a $32 million loan. A Superior Court of Los Angeles County judge appointed a receiver at the request of s...
In another blow to the struggling downtown office rental market, longtime stalwart corporate tenant PricewaterhouseCoopers has agreed to move its Los Angeles offices to Century City.London-based PwC is one of the world’s largest accounting a...
A massive real estate development that would include more than 1,500 residences, dramatically transform three city blocks and alter the downtown Los Angeles skyline was approved Tuesday by the City Council.The planned Fourth & Central comp...
An aging downtown office complex will be converted into apartments as part of an ambitious plan by local real estate companies to create 4,000 affordable housing units in Los Angeles. The first project will be a $200-million makeover of the L....
A landmarked downtown Los Angeles apartment building designed by famed Los Angeles architect John Parkinson is on the market as its owners face foreclosure.Residences in the Metropolitan, a 10-story tower built in 1913, are nearly filled with ...
Cemal Clik was rinsing some strawberries for lunch when he felt a gun on his temple.The 61-year-old was sitting near his gift shop in downtown Los Angeles this month when two men threatened to kill him if he didn’t give up the gold chain han...
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...
We had news from across the geographic spectrum of the Los Angeles office world, with significant deals ranging from downtown to its outskirts and all the way west to Malibu. And it wasn’t all distress, so let’s start with the good news.
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As much of downtown L.A. continues to feel dark and deserted, local businesses want the city to steal San Francisco’s secret for firing up foot traffic.The tech mecca has slowly begun to emerge from one of the country’s deepest declines in...
The latest office building sale in downtown Los Angeles is a bright spot in one of the country’s hardest-hit commercial real estate markets in the post-pandemic years. L.A. Metro bought the 106,004-square-foot office building at 500 South Sa...