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AECFeaturedIndustry NewsInland EmpireLos AngelesResidential

Los Angeles Fire Rebuild Puts AI Plan Check to the Test as Developers Automate the Front End

The rebuilding of Los Angeles neighborhoods destroyed in the January 2025 wildfires has become Southern California's largest live test of AI in the...

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FinanceLos Angeles

Optimus Properties Sells 15,000 SQFT Fire-Cleared Palisades Development Site for $7.1MM

A vacant lot that once held office and retail space in Pacific Palisades has traded hands for $7.1 million, setting a new price...

Clothes on a rack with shopping bags on the floor
CommercialFinanceLos AngelesRetail

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...

Shopping center in Southern California
AECIndustry NewsLeasingLos AngelesRetail

Caruso Reopens 125,000 SQFT Palisades Village at 99% Leased After $100MM Fire Restoration in Pacific Palisades

Caruso restarts a 124,965-square-foot open-air center at 99 percent leased on Saturday, a $100 million wager that a single landlord can pull an...

recreation park sign
AECCommercialIndustry NewsLos Angeles

Gensler and SWA Unveil Designs for Rebuilt Pacific Palisades Recreation Center on 17-Acre Park

The City of Los Angeles and a coalition of private-sector partners have unveiled Gensler and SWA Group designs to rebuild the fire-damaged Pacific...

Lady justice statue
FeaturedFinanceIndustry NewsLos AngelesResidential

LA Council Sends Palisades Mansion-Tax Exemption to November Voters, Putting $32MM of Measure ULA Revenue in Play

The Los Angeles City Council voted 13-1 to let November voters decide whether homes destroyed or damaged in the January 2025 Palisades Fire...

restaurant tables set up
AECHospitalityIndustry NewsLeasingLos AngelesRetail

H.wood Group Lands Alphabet Bar & Grill Lease at Caruso’s 125,000 SQFT Palisades Village Reopening in Pacific Palisades

The H.wood Group has secured a lease for Alphabet Bar & Grill at Rick Caruso's Palisades Village, joining the tenant roster set to...

one dollar bill
CommercialFeaturedIndustry NewsLos Angeles

LA County Property Values Reach Record $2.27 Trillion, Beating Assessor’s Own Forecast in Wildfire Year

Los Angeles County Assessor Jeff Prang announced a 2026 assessment roll of $2.272 trillion in net taxable value, a 4.42 percent gain that...

housing graphic
FeaturedIndustry NewsLos AngelesResidential

LA Voters Deliver Two-to-One Mandate for More Housing, Embrace Bigger State Role, Poll Finds

New LABC Institute survey shows Angelenos across income levels demanding faster construction of mixed-income rental housing as production stalls at a fraction of...

Santa Monica beach with downtown in the background
FinanceIndustry NewsLos AngelesRetail

Global Mutual Lists 21,500 SQFT Triple-Net Retail Asset on Santa Monica’s 3rd Street Promenade for $26.88MM

Three-tenant property anchored by Dodgers Clubhouse, Patagonia, and Wilson Sporting Goods trades at a 6.5 percent cap rate with assumable Morgan Stanley financing...

House money graphic
AECFinanceIndustry NewsLos AngelesResidential

Vacant Lots for Sale Are Piling Up After the LA Fires; Investors Are Buying 40% of Those That Sell

Redfin reports investors purchase roughly 2 in 5 lots that sell in the Pacific Palisades, Altadena and Malibu areas; many of these lots...

jack-finnigan-GTuMhHKQn0U-unsplash-Los Angeles
AECLos AngelesNews ReleasesResidential

Thomas James Homes Commits to One-Year Rebuilds in Pacific Palisades at $650 Per SQFT

Aliso Viejo developer opens model home, secures $400 million credit facility to support reconstruction following January wildfires The reconstruction of Pacific Palisades is...

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