Los Angeles' original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
While there is a lot of talk about trouble in the retail market, investors are continuing to line up and compete for quality deals in Southern California.
Los Angeles has passed a short-term rental ordinance to help regulate the massive popularity of short-term rental activity and helps to level the playing field for hotel owners.
The company announced earlier this year its plan to sell all 26 of its American Golf-owned properties and expects to generate nearly $175 million in capital from the sales.
Developer Leo Lee has gotten verbal approval to build his long planned mixed-use project in Koreatown that will include 122 condo units and a 192-room hotel.