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232 Tower Drive
AECIndustry NewsLos AngelesResidential

Beverly Hills Upholds 55-Unit Builder’s Remedy Tower at 232 S. Tower Dr., Conceding Limited Power to Say No

The Beverly Hills City Council voted unanimously to reject a neighborhood appeal and let an eight-story, 55-unit Builder’s Remedy apartment project at 232...

skyline of los angels looking griddy
FeaturedIndustry NewsLos Angeles

LA’s Hidden Oil Wells Fuel Health Fears and a Multibillion-Dollar Cleanup Bill

Across Los Angeles, thousands of active, idle and orphaned oil wells sit camouflaged inside fake buildings, behind palm trees and under playgrounds and...

Los Angeles skyline
FinanceIndustry NewsLos AngelesResidential

Rockpoint Paid $66.25MM for 97-Unit Wilshire Margot in Westwood, a Third Below Its Defaulted Debt

Newly reviewed public records put a number on Rockpoint’s previously undisclosed acquisition of the distressed Wilshire Margot apartment tower in Westwood, showing the...

daniel-neuhaus-FGFwCwGPjpI-unsplash-homes houses neighborhood
FeaturedIndustry NewsLos AngelesOrange CountyResidentialSan Diego

West Hollywood Tops Nation at $8,200 as Southern California Claims Most of America’s Priciest Single-Family Rental Markets

Southern California’s coastal enclaves have tightened their grip on the top of the U.S. single-family rental market, with West Hollywood posting the highest...

Los Angeles skyline
CommercialFeaturedIndustry NewsLeasing

Los Angeles Office Leasing Surges to Nearly 4MM SQFT in Q2 2026, Running 22% Above Five-Year Average

Los Angeles office leasing accelerated sharply in the second quarter of 2026, approaching pre-pandemic volumes as a resurgent Downtown and a string of...

Apartment building with a pink background
FinanceIndustry NewsLos AngelesResidential

82-Unit Fuller Avenue Apartment Property Sells for Nearly $28MM in Central Los Angeles

A four-story apartment property positioned at the seam of three of Los Angeles’s marquee neighborhoods sold for close to $28 million, the second...

Beverly Hills aerial photo
FinanceIndustry NewsLos AngelesResidential

Versailles Apartments Trades for $47MM at $603,000 Per Unit in First Sale in 40 Years Near Beverly Hills

A full-block multifamily property wedged between West Hollywood and Beverly Hills changed hands for the first time in four decades, drawing a crowd...

Beverly Hills aerial photo
AECFinanceIndustry NewsLos AngelesResidentialRetail

Westland Development Lands $85MM Construction Loan for 140-Unit Project at 55 North La Cienega in Beverly Hills

After more than a decade in the entitlement pipeline, Westland Development Group has secured $85 million in construction financing to build what is...

Riding market up trend, risk and uncertainty, stock market or cryptocurrency volatility, price movement, risk management concept, businessman investor or trader riding volatile rising up arrow rodeo.
CommercialFeaturedIndustrialIndustry NewsLos AngelesResidentialRetail

Allen Matkins/UCLA Anderson Survey Finds CRE Distress Has Peaked as Deals Close Despite War-Driven Rate Spike

The Summer 2026 Allen Matkins/UCLA Anderson Forecast survey of California commercial real estate sentiment found that industry distress has peaked and transactions are...

Century City and Downtown Los Angeles with Cloudy Sky
CommercialFinanceIndustry NewsLos Angeles

366,000 SQFT Century City Medical Plaza Comes to Market for the First Time Since Development in Landmark Medical Offering

Cushman & Wakefield has listed the two-building campus at 2070 and 2080 Century Park East,  the first time either building has been offered...

Hotel pool with palm trees and seating area
FinanceHospitalityIndustry NewsLos Angeles

Pebblebrook Clinches $43.5MM Sale of Chamberlain West Hollywood, Pushes Disposition Tally Past $1B

The REIT’s retreat from Los Angeles hospitality is now funding debt reduction, preferred equity retirement and share buybacks rather than reinvestment. Pebblebrook Hotel...

Facade of modern apartment building with blue background
FinanceIndustry NewsLos AngelesResidential

Ezralow Company Lands 78-Unit Versailles on Burton Way for $47MM in Los Angeles

The Calabasas-based multifamily owner pays a 48 percent premium over assessed value to secure a trophy Beverly Hills-adjacent asset as the broader Los...

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