Los Angeles
AEG, Archer Aviation to Build Downtown L.A.’s First Vertiport at L.A. Live Ahead of LA28
AEG and Archer Aviation have struck a multiyear partnership to develop downtown Los Angeles' first vertiport at L.A. Live, planting an electric air-taxi...
LA and San Diego Anchor Southern California Tech Talent as AI Realignment Sorts the Region
Southern California's tech talent markets diverged sharply in CBRE's latest rankings, with Los Angeles-Orange County and San Diego holding places in the upper...
California’s Renter Majority Stays Cost-Burdened as Los Angeles Rent Growth Stalls at 0.2%
A statewide snapshot compiled in Los Angeles counts more than 16 million California renters and finds nearly 42 percent struggling to afford rent,...
Meridian Property Company Buys 32,052 SQFT Pasadena Medical Office Building for $13.35MM
Meridian Property Company closes on Pasadena's California Medical Building for $13.35 million and simultaneously locks in a Huntington Health-affiliated tenant for half the...
Hackman Capital Defaults on $100MM Loan, Sending 182,000 SQFT Former Sony Animation Campus to Auction in Culver City
Hackman Capital Partners' surrender of its long-vacant Culver City creative-office trophy to a Goldman Sachs-backed lender deepens a year of distress that has...
Optimus Properties Sells 15,000 SQFT Palisades Village Development Site for $7.1MM in All-Cash Deal
Optimus Properties has sold a cleared, shovel-ready development parcel in the heart of Pacific Palisades Village for $7.1 million, cashing out of a...
Jenson Capital Clears Planning Commission for 39-Unit Apartment Building at 10535 Missouri Ave. in West Los Angeles
The Los Angeles City Planning Commission has cleared Jenson Capital to raze a duplex and a single-family home near Santa Monica Boulevard and...
Surge in Aerospace & Defense Funding Drives Record Southern California Leasing Demand
A surge of venture capital flowing into Southern California's aerospace and defense companies is translating directly into industrial real estate, driving record leasing...
Long Beach City College Razes 70-Year-Old Veterans Memorial Stadium for $250MM, 18-Acre Sports Complex
Long Beach City College has begun tearing down the 70-year-old Veterans Memorial Stadium to make way for an 18-acre, $250 million athletic and...
Sixty Collective’s $37MM Beverly Hills Hotel Loan Returns to Special Servicing After Missed August Maturity
The Pomeranc brothers' Sixty Collective missed an August maturity date on its $40 million loan against the 118-room Sixty Beverly Hills, sending the...
Southern California Jobless Rates Split as Inland Empire Tops 5.5% and Statewide Rate Falls to 5.1% in July
Coastal Southern California counties held firm near or below the state average in July while the Inland Empire's logistics-heavy labor market ran hotter,...
Los Angeles Led World Cup Host Cities in Small-Business Sales Growth, Bank of America Finds
Los Angeles posted the strongest small-business sales growth of any World Cup host city, with hotels, bars and restaurants up roughly 18 percent...
