Month: July 2018

In LA, multifamily investment sales hit record level: report

In LA, multifamily investment sales hit record level: report

In the last year, there has been more multifamily investment activity than in any period in Los Angeles history. There were $10 billion in apartment building sales from June 2017 to June 2018, with average sale price for a unit hitting a record $275,000, according […]

See the 77-story Bunker Hill tower that wants to be LA’s tallest

See the 77-story Bunker Hill tower that wants to be LA’s tallest

  Move over Wilshire Grand: A planned 77-story skyscraper wants to be the tallest building in Los Angeles and west of the Mississippi. That’s no accident. Unlike the Wilshire Grand—which was, purportedly, not intentionally planned to be the tallest tower in the city or beyond—this […]

Urban Offerings wants to build 256-unit mixed-use project in Koreatown

Urban Offerings wants to build 256-unit mixed-use project in Koreatown

Urban Offerings is at it again in Koreatown. The Westside firm filed plans for a 256-unit mixed-use property at 550 S. Shatto Place, just across the street from a creative office project it completed last year. It’s planning 2,507 square feet of office space and […]

LA homeowners netted $175K in profit when selling in 2017

LA homeowners netted $175K in profit when selling in 2017

With houses in the Los Angeles area fetching record prices, sellers pocketed some of the largest profits in the nation in 2017, according to a new report from Zillow. Across Los Angeles and Orange counties, homeowners last year sold homes for around $137,000 more than the price they […]

As rents soar in Warner Center, LA considers new affordable housing rules for the area

As rents soar in Warner Center, LA considers new affordable housing rules for the area

  As rental prices soar in the area, Los Angeles officials are mulling new affordable housing requirements in Warner Center. Last week, the City Council asked planning staffers to consider adding new incentives and development requirements to a community plan for the area in order […]

First Look at Santa Monica’s Airport Park Expansion

First Look at Santa Monica’s Airport Park Expansion

Landscape and architecture firm Rios Clementi Hale Studios has unveiled renderings for the planned expansion of Santa Monica’s Airport Park. The project, which will add 12 acres of green space at the corner of Bundy Drive and Airport Avenue, was made possible due to the expiration of a […]


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