Tag: RealEstate

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 […]

LA’s Champion Nabs $28M to Finance USC-Area Housing Development

LA’s Champion Nabs $28M to Finance USC-Area Housing Development

Calmwater Capital, a Los Angeles-based private lender, has provided $28.5 million in senior debt to local developer Champion Realty for the acquisition of a property at 801 West Adams Boulevard near the city’s Downtown, according to an announcement from Calmwater. The loan comprises an initial $15.7 million senior term […]

SpaceX building BFR at Port of Los Angeles

SpaceX building BFR at Port of Los Angeles

  The main goal of the BFR is to support the colonization of the Red Planet. Image Credit: SpaceX The location where SpaceX intends to build its newest and biggest rocket, code-named Big Falcon Rocket or BFR, has been revealed. On April 19, 2018, the […]

CIM Group’s 47-unit project clears appeal in Santa Monica

CIM Group’s 47-unit project clears appeal in Santa Monica

The CIM Group can thank the state’s so-called “anti-NIMBY law” for clearing the way for its 47-unit apartment complex in Santa Monica. The Mid Wilshire-based developer used the Housing Accountability Act last Tuesday to defeat an appeal from residents, who complained the project at 2903 […]

Veterans Affairs seeks developer to finance, build and run massive housing project

Veterans Affairs seeks developer to finance, build and run massive housing project

The Department of Veterans Affairs is looking for a developer to build hundreds and possibly more than 1,000 units of housing at its medical center in West Los Angeles campus, a massive project that comes amid severe turbulence at the federal agency. The DVA said […]


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