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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...
Los Angeles strengthened its rent stabilization law for the first time in 40 years Wednesday, setting a 4% ceiling on annual rent increases for a massive portion of the city’s housing stock. The historic vote by the L.A. City Council will he...
“The Valley” star Brittany Cartwright is back on her feet after undergoing an extensive “mommy makeover” surgery—and she has now revealed that her road to recovery started with some very difficult and painful steps inside her Los Ange...
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...
A proposed mega-development in downtown Los Angeles, which would replace a cold storage facility with a $2-billion residential and commercial complex, cleared a major hurdle last week when the city Planning Commission backed it.Commissioners u...
Cathay Bank sued the owner of a Downtown Los Angeles commercial property, claiming the landlord defaulted on a $31 million loan. The lender alleges that a Laeroc Partners affiliate, the borrower and owner of 530 West 6th Street in the Financia...
As local and state leaders celebrate the fastest wildfire debris removal in modern American history, the Pacific Palisades Bowl Mobile Home Estates — a rent-controlled, 170-unit enclave off Pacific Coast Highway — remains largely untouched...
Drive around Riverside County and signs for new apartment complexes are all over the 60, 15 and 215 freeways.Major new constructions in Beaumont and Riverside have led Riverside County to boast the third biggest year-to-year growth in apartmen...
Early last year, vandals breached fencing, climbed dozens of flights of stairs and painted bold, colorful graffiti on the exterior of three unfinished high-rises that make up the abandoned Oceanwide Plaza development.The so-called Graffiti Tow...