Los Angeles
CMBS Lender Moves to Take Control of Fallas Family’s 88-Unit Metropolitan Building in Downtown Los Angeles After $32MM Default
A judicial foreclosure action filed this month against the Fallas family’s landmark Metropolitan building at 449 South Broadway has put one of Downtown...
HVN Development Doubles Down on Westchester With 77-Unit Affordable Housing Filing on Reading Avenue
HVN Development has filed plans with Los Angeles city planners for a five-story, 77-unit, fully affordable apartment building at 8811 S. Reading Avenue,...
California Exports Climb 7.7% in April, But Gains Reflect Pre-War Orders, Beacon Economics Says
California’s merchandise exports posted a solid year-over-year gain in April even as the state ceded ground to Texas on both sides of the...
Rockpoint Acquires 97-Unit Wilshire Margot in Westwood Following $99.2MM Loan Default
Boston private equity firm Rockpoint has taken control of the Wilshire Margot, a 97-unit Westwood apartment tower whose prior ownership entity had defaulted...
601W Companies Lands 1.4MM-SQFT Wells Fargo Center North Tower in Downtown LA on $132MM Northwind Loan
601W Companies has acquired the distressed 55-story Wells Fargo Center North Tower in Downtown Los Angeles, financed by a $132 million first-mortgage loan...
Earlytrade Raises $25MM to Deploy Agentic AI Across the Construction Payments Ecosystem
S3 Ventures & Brick & Mortar Ventures lead Series A as Earlytrade posts 7X US revenue growth; Scott Wolfe, founder of Levelset, joins...
California High-Speed Rail Taps Eight-Firm Momentum Alliance in First Private-Capital Bet to Build Beyond Central Valley
The authority’s Notice of Proposed Award to Momentum Alliance Partners — a consortium spanning five countries — opens a 30-month clock to turn...
San Diego Outscores Los Angeles on Downtown Vibrancy as Gensler Maps Southern California’s CBD Divide
San Diego emerged as Southern California’s downtown standout in Gensler’s latest global study of urban experience, posting the region’s strongest vibrancy score while...
Los Angeles Council Advances Four-Story Low-Rise Ordinance to Defer SB 79 Upzoning Until 2030
The Los Angeles City Council voted 13-0 to advance a new Low-Rise Ordinance that permits buildings up to four stories in 57 neighborhoods...
Ballers Bets on Downtown LA, Filling The Bloc’s Vacant Macy’s With 93,664-SQFT Social Sports Club
The Los Angeles Zoning Administrator will weigh a liquor license for Ballers DTLA on June 9, the final regulatory hurdle before the buzzy...
Lift Partners Pays $14.5MM for 161,394-SQFT IOS Site at 4500 York Boulevard in Los Angeles
San Francisco-based Lift Partners has expanded its Southern California footprint with the $14.5 million purchase of an industrial outdoor storage site in Northeast...
Four Rivers Capital Lists 41,420 SQFT Caliber Collision Facility in Los Angeles for $11.4MM
A Dallas investment firm is seeking a 37 percent premium on a Pico-Union collision repair facility it acquired just nine months ago, betting...
