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South Park

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Erewhon store and sign
AECFinanceIndustry NewsLos AngelesRetail

Erewhon Files Plans for 17,500-SQFT Market at 940 South Hill Street in DTLA After $13.5MM Acquisition

The upscale organic grocer’s second attempt at establishing a Downtown Los Angeles presence places it at the center of South Park’s growing residential...

Building with sky black and white
AECFeaturedFinanceIndustry NewsLos Angeles

Lendlease Reports $223MM Operating Loss and US Impairments on Same Day It Files $470MM Bid for Downtown LA’s Oceanwide Plaza

Australia-based builder and investment manager doubles down on its American presence with the Oceanwide acquisition even as the company absorbs write-downs across its...

planet-volumes-SaLr2VYgknw-unsplash-housing
AECFeaturedFinanceIndustry NewsLos AngelesResidential

Los Angeles Condominium Market Shows Modest Growth Amid Shifting Inventory Dynamics

Median price rises 0.5 percent while new construction activity remains subdued through November 2025 The Los Angeles condominium market demonstrated resilience in late...

Los Angeles skyline
FinanceIndustry NewsLos AngelesResidential

MetLife Sells 152-Unit LA Apartment Tower at 717 W Olympic for $69MM

Buyer secures $56.8 million financing as downtown market faces elevated vacancy and supply pressures MetLife has offloaded a 22-story apartment tower in Downtown...

San Diego skyline
AECIndustry NewsNews ReleasesResidentialSan Diego

CEDARst Companies’ 218-Unit Bancroft Lofts Breaks Ground in San Diego’s North Park

218-Unit Project Strengthens Firm’s San Diego Pipeline and Advances Walkable, Amenity-Rich Urban Housing SAN DIEGO, CA (November 13, 2025) — CEDARst Companies, a...

Skyline of Los Angeles during dusk
AECFeaturedFinanceIndustry NewsLos AngelesResidential

Los Angeles Multifamily Vacancy Rises to 5.2% as Sales Prices Drop 10% Year-Over-Year

Third-quarter data shows cooling demand with net absorption down 28.8 percent despite increased construction deliveries The Los Angeles apartment market is showing clear...

AECIndustry NewsResidentialSan Diego

CEDARst Breaks Ground on $89MM, 180-Unit The Lawson Apartment Complex in San Diego

Chicago developer’s South Park project leverages Opportunity Zone tax breaks to deliver affordable housing in supply-constrained market Chicago-based CEDARst Companies broke ground in...

bogdan-vaskan-1taEJJwIv-0-unsplash-apartment
FinanceIndustry NewsLos AngelesNews ReleasesResidential

HACLA Acquires 154-Unit Clarendon Apartments in LA for $50MM

(EDITOR’S NOTE: According to industry sources with knowledge of the Southern California multifamily market, the property located at 215 W 14th St. was...

Downtown Los Angeles Arts District
CommercialFinanceIndustry NewsLos Angeles

Four Rivers Capital Buys 41,000 SQFT Auto Repair Property for $8.3MM in Downtown Los Angeles

Colliers brokers close deal at $200 per square foot for fully leased Caliber Collision site with multifamily development upside Downtown Los Angeles continues...

San Diego skyline
AECIndustry NewsNews ReleasesResidentialSan Diego

CEDARst Companies Announces Groundbreaking on 180-Unit San Diego Multifamily Project The Lawson In South Park

Project Near Balboa Park Adds 180 New Residences, Prioritizes Affordable Housing, And Strengthens CEDARst’s Presence In San Diego San Diego, CA (September 25,...

Skyline of Los Angeles with palm trees in the foreground
AECIndustry NewsLos AngelesResidential

Mack Real Estate Group Scraps 60-Story Downtown LA Tower as Market Pressures Mount

Developer withdraws entitlement application for multi-million dollar mixed-use project as construction costs and financing challenges mount Downtown Los Angeles faces another development setback...

1600 flower la
AECHospitalityIndustry NewsLos AngelesResidentialRetail

Jade Enterprises Moves Forward With 573-Key Mixed-Use Tower Development in Downtown Los Angeles

Downtown Los Angeles continues to attract large-scale development as local firm Jade Enterprises advances plans for a mixed-use project near the L.A. Convention...

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