Retail real estate investor Mushmel Properties paid $20.9 million for a Ralphs-anchored retail property in the South Park neighborhood of downtown Los Angeles. The family-owned investment firm is based in Sherman Oaks and will add the Ralphs property to its portfolio of Southern California neighborhood centers, strip malls and single-tenant

Kanye West’s previous pad in Malibu made headlines again this past week when it appeared in the No. 1 spot among signed contracts in L.A. County, with a $39 million asking price. The weekly contracts list from Douglas Elliman’s Eklund Gomes team placed the beachfront property at 24844 Malibu Road

Adam Rubin and Andrew Shanfeld’s Carolwood is in escrow to buy the 41-story EY Plaza for $130 million, or about $141 per square foot, The Real Deal has learned. The 11-year-old firm, which invests in real estate, hot sauce and a YouTube influencer, is set to close with landlord Brookfield

Investors BKM Capital Partners and Kayne Anderson Real Estate have linked up with a plan to buy $1.5 billion in light industrial buildings across the U.S. The Newport Beach- and Florida-based investors formed a joint venture to commit the funds to acquire small- and mid-bay industrial properties, the Orange County

The tariff turmoil has turned bonded warehouses into a hot ticket for a few Los Angeles landlords. Importers still receiving shipments from overseas are scrambling to rent space in the bonded buildings, where they can buy time for tariff tensions to wither, the Los Angeles Times reported. The rare buildings

California’s population exodus has been stopped in its tracks. The state’s population has grown for the second straight year, with much of the growth in its largest cities, the Los Angeles Times reported, citing figures from the state Department of Finance. The growth reverses a pandemic population decline after decades

The owners of the Anaheim Ducks are poised to pour $1 billion into revamping Anaheim’s Honda Center, on top of their $4 billion retail village being built around the sports arena. Henry and Susan Samueli, owners of the NHL hockey team, have filed plans to revamp the 20,000-seat arena at

A nonprofit founded by developer Rick Caruso has helped land AI software to speed up building permits to replace thousands of homes lost in the Los Angeles wildfires. Steadfast LA helped secure the artificial intelligence software to scan building plans for code compliance in hours, instead of months, Westside Current

Meritage Homes has bought a vacant office site targeted for 86 townhomes in Santa Ana for $19.2 million. The Scottsdale-based developer purchased the five-story, 111,500-square-foot building at 2020 East First Street, the Orange County Register reported. The seller was Harbor Associates, based in Long Beach. The deal for the 3.7-acre

Steps from Stephen Shapiro’s Westside Estate Agency office, in a second-floor space on Canon Drive in Beverly Hills sits the storied Hilton & Hyland — once the gatekeeper to the well-manicured world of luxury living in Los Angeles.  WEA is also next door to Drew Fenton’s Carolwood Estates, which towers