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Low angle view of a modern style business building, with lots of windows on a sunny, cloudy day
FinanceIndustry NewsLos AngelesResidential

Step Up Housing Acquires 138-Unit Terramonte at Foothill in Pomona for $36.7MM

Step Up Housing has purchased Terramonte at Foothill, a low-density 138-unit community on Pomona’s Route 66 corridor, wagering that a widening gap between...

Hotel pool with palm trees and seating area
FeaturedFinanceHospitalityIndustry NewsInland EmpireLos AngelesOrange CountySan Diego

Southern California Hotel Sales Surge 57% to $990MM in First Half of 2026, Led by Los Angeles

Southern California hotel transactions climbed to 60 in the first six months of 2026 while dollar volume jumped 57 percent to $989.6 million,...

W-2 form for wage reporting
CommercialFeaturedIndustry NewsLos AngelesRetail

California’s $17.40 Minimum Wage Takes Effect in 2027, Stacking Onto Southern California Mandates

California's minimum wage climbs to $17.40 in 2027, adding to a stack of Southern California local and sector wage mandates.

Shopping center in Southern California
FinanceIndustry NewsLos AngelesRetail

24,000 SQFT Hacienda Village Retail Center Sells for $13MM in Hacienda Heights

A Los Angeles-based private investor has acquired Hacienda Village, a fully leased 23,645-square-foot shopping center in Hacienda Heights, for $13 million, wagering on...

Apartment building facade
FeaturedIndustry NewsResidential

Essex’s Southern California Apartments Hold Steady as Orange County Leads Q2 Rent Growth

Essex Property Trust’s Southern California apartments delivered steady if unspectacular growth in the second quarter of 2026, with Orange County and Ventura outpacing...

Santa Monica Pier sign
FinanceIndustry NewsLos AngelesResidential

MDNI Group Acquires 28-Unit Ocean Avenue Multifamily Property in Santa Monica for $23.46MM

A private local buyer has landed a rare bluff-top apartment building on one of Santa Monica’s most tightly held corridors, closing an all-cash...

david-vives-PJYEChXor5A-unsplash-beverly hills
AECFeaturedIndustry NewsLos AngelesResidential

Beverly Hills Staff Backs 15-Story, 27-Unit Builder’s Remedy Tower at 140 South Camden Drive

Beverly Hills planning staff has recommended conditional approval of a 15-story residential tower at 140 South Camden Drive, a Builder’s Remedy project that...

patrick-ho-lvuqvtLwwOc-unsplash-apartment
FinanceIndustry NewsLos AngelesResidential

Elkwood Buys 27-Unit Santa Monica Apartment Property for $9.5MM

A 27-unit apartment property at 1117 6th St. in Santa Monica traded for $9.5MM, or $351,852 per unit.

Santa Monica beach with downtown in the background
AECIndustry NewsLos AngelesResidential

Kennedy Wilson Plans 133-Unit Mixed-Income Apartment Building at 700 Colorado Avenue in Downtown Santa Monica

Kennedy Wilson has filed plans to replace a windowless commercial building steps from Santa Monica’s Metro E Line terminus with an eight-story, 133-unit...

finance and economy graphic
FeaturedFinanceIndustry NewsLos AngelesOrange CountyResidential

Five Point Bets on Land Scarcity at Great Park and Valencia as Home Sales Cool

Five Point Holdings is refusing to discount its Southern California homesites even as builder sales slow, wagering that a shortage of entitled land...

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...

planet-volumes-Ri8IzK5DYCU-unsplash-small industrial
IndustrialIndustry NewsLeasingLos Angeles

Pixior Lands 284,000 SQFT at New Prologis Building in Commerce as Central LA Industrial Absorption Surges

Third-party logistics operator Pixior has committed to 283,621 square feet at a newly completed Prologis speculative warehouse in Commerce, one of the marquee...

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