Los Angeles has killed a plan by Redcar Properties to build a 26-story apartment and hotel tower in Chinatown. The city Planning Department issued a termination letter to the Santa Monica-based developer for its proposed 282-foot building at 643 North Spring Street, Urbanize Los Angeles reported. Plans by Redcar called

California Resources Corporation wants to develop 92 acres of Huntington Beach’s pristine coast with an 800-unit hotel-retail village. The Long Beach-based energy company has filed plans to build the mixed-use development on industrial land between the northwest edge of downtown and the Bolsa Chica Ecological Reserve, near Bolsa Chica State

After filing for its second Chapter 11 bankruptcy in two years, Rite Aid shoved 1,245 drug stores into the market, including 59 in Los Angeles County. The Philadelphia-based pharmacy chain is marketing its leased and owned stores after the firm  announced it is “pursuing a strategic and value-maximizing sale process

Nick Segal’s sitting in the conference room of Carolwood Estates’ Beverly Hills headquarters, moving from his laptop screen to cell phone. He’s showing off the Carolwood Private Portal, which its agents have been quietly using for a little over a month.  The private platform has nearly 90 listings totaling over

A Brentwood home doubling as a wellness retreat from seller and celebrity trainer Tracy Anderson is among last week’s top homes that went into contract. The Brentwood contemporary at 13162 Boca De Canon was last week’s second-biggest home that went into contract by listing price, according to a report from

An Irish hotel investor has accused members of the royal family in Qatar of failing to pay him for work done for the The Maybourne Beverly Hills hotel. Businessman Patrick McKillen filed a federal lawsuit against the Qatari royals and associates accusing them of racketeering and failing to provide compensation

A decision by Washington Prime Group to sell its stake in the Westminster Mall in Orange County could put the kibosh on its immediate redevelopment. The Ohio-based investor has listed its share of the 1.2-million-square-foot indoor mall at 1025 Westminster Mall, which could also impact plans by Irvine-based Shopoff Realty

After natural disasters, the Federal Emergency Management Agency often leases apartment buildings for survivors — but not in Los Angeles County, where wildfires torched 13,000 homes. Federal and state disaster officials didn’t jumpstart the program after the January firestorm, saying the rental market had sufficient housing for those who lost

It’s a done deal. Former Crown Resorts chair James Packer’s $110 million purchase of a Bel-Air estate on Nimes Road has officially closed, The Real Deal has learned, making it Los Angeles County’s priciest deal so far this year by a big margin. The deal was official as of Tuesday

Developer Eli Sasson filed for Chapter 11 protections to avoid foreclosure on a Beverly Hills mansion he listed for $88 million three years ago. The octogenarian builder, known for his battle to redevelop the South Los Angeles site of the 1992 Rodney King riots, completed the meticulously designed eight-bedroom home