A new competition birthed out of the University of California, Los Angeles, will deliver innovative housing designs on small lots across the city.  CityLab-UCLA, a think-tank based in the school’s architecture department, partnered with the city to create the Small Lots, Big Impacts design competition, aimed at producing dense developments

Brookfield Properties offloaded another Downtown Los Angeles office tower for less than the debt tied to the property.   Uncommon Developers bought 601 S. Figueroa Street for $210 million, or $201 per square foot, in an off-market sale, according to a spokesperson for Colliers, which represented the buyer.  It’s the biggest

Buyers had water on the brain, with last week’s top contracts driven by beachside communities.  Asking prices of the top homes that went into contract came in lower than usual for the Eklund Weekly Luxury Report Los Angeles as the top three deals had buyers flocking to the surf and

The Lyon Estate, a 137-acre compound in Coto de Caza once home to late real estate developer William Lyon, is on the market for $125 million.  The property features much more than just a 21,000-square-foot Georgian-style mansion. It has a car museum and a history of hosting guests like President

Most Palisades and Eaton fire victims would like to return to their homes, but they think the government is failing to make it happen quickly.  That’s what a group of local real estate experts found in a survey asking wildfire victims about their next move, the Los Angeles Times reported. 

Case Study Houses, the post-World War II method of building homes from blueprint catalogs, could make a big comeback in the wake of this year’s deadly Los Angeles wildfires.  Crest Real Estate founder Steven Somers and CEO Jason Somers are looking to the past to rebuild for the future in

Irvine Company plans to add 2,000 apartments to its mixed-use Discovery Park development after unanimous Irvine Planning Commission approval.  The Newport Beach-based firm will build 1,858 apartments near the corner of Laguna Canyon Road and Discovery, the Orange County Business Journal reported. Irvine Company’s plans call for four five-story wrap-style

The Los Angeles City Council voted in favor of increasing the minimum wage for hotel workers to $30 an hour by 2028. Now it heads to Mayor Karen Bass. If she signs, more distress could follow.  Los Angeles’ hotels suffered throughout the pandemic and haven’t totally recovered. Revenues are flat

Retail’s working with a mixed bag. Nowhere was that clearer than this past week when the industry descended in Las Vegas for the International Council of Shopping Centers’ annual confab. ICSC estimated more than 20,000 attendees were expected for the Vegas trade show and conference, according to a magazine distributed

Cityview has gotten the green light from the Los Angeles City Council to begin construction on its latest mixed-use apartment complex in Westchester. The approval comes after the project faced an appeal from the Supporters Alliance for Environmental Responsibility (SAFER), an affiliate of Laborers International Union of North America Local