National Weekend Edition
Lachlan Murdoch pays $30M for half-acre Sydney Harbor boat house
Lachlan Murdoch, the son of billionaire media mogul Rupert Murdoch, has purchased a small home on Sydney Harbor for...
Corcoran sets up shop in Beverly Hills
Wayne Gretzky sells Thousand Oaks compound — again
Demand for short-term rentals surges past pre-pandemic levels
Newsom proposes $1.5B more in small business grants
Crescent Heights’ 70-story DTLA rental tower may rise after all
Latest News
Corcoran sets up shop in Beverly Hills
UPDATED, MAY 14, 2021, 5:45 p.m.: Corcoran Group is trying to cement its presence as a major luxury brokerage in Los Angeles with a swanky new office in Beverly Hills. Franchise affiliate Corcoran Global...
Newsom proposes $1.5B more in small business grants
Gov. Gavin Newsom is proposing another $1.5 billion worth of grants to small businesses affected by the pandemic. It...
Wayne Gretzky sells Thousand Oaks compound — again
Hockey legend Wayne Gretzky and his wife Janet are out of Thousand Oaks for the second time. The Gretzkys...
Crescent Heights’ 70-story DTLA rental tower may rise after all
It has been nearly five years since Crescent Heights proposed its 794-unit apartment tower for Downtown Los Angeles. The...
National
Demand for short-term rentals surges past pre-pandemic levels
It’s gearing up to be the best summer ever — for short-term vacation rentals. Last month, demand for short-term...
National
Here’s where homes virtually sold out in the pandemic
New data confirm what brokers and home buyers have long felt: The pandemic surge in homebuying decimated inventories most...
National Issue
These startups are radically reimagining cities
Imagine a world in which much-needed multifamily housing could be built in less time — and for less money....
New York
DA targets tuition paid for Trump CFO’s grandkids
Tuition paid to a Manhattan private school is the latest target in New York prosecutors’ probe of former president...
National
Jumbo mortgage lenders invade Fannie and Freddie’s turf
With overnight bank funding rates near zero, investors are flush with cash — liquidity they are using to compete...
National
Airbnb’s losing spree continues with $1B loss in Q1
With travel finally picking up 14 months into a pandemic that has wreaked havoc on the industry, Airbnb may...
National Issue
Distress investing is dead. Long live distress investing
When Howard Marks’ Oaktree Capital set out to raise billions of dollars targeting troubled debt last spring, loan defaults...
Evan Metropoulos’ West Hollywood penthouse heads to auction
Three years after listing his West Hollywood penthouse for $58 million — and after one massive price cut —...
National
Yelp to experiment with return-to-work plans
Yelp is reviewing its office spaces, and not all will receive five stars. In February, the tech company announced...
WPH Holdings plans another affordable complex in Sun Valley
A 135-unit affordable housing complex with a large amount of ground-floor retail could rise on two acres in the...
National
Brookfield posts record FFO in Q1 — but not because of real estate
A year ago, as the impact of the pandemic was just starting to sink in, Brookfield Asset Management reported...
Matthew Stafford scores Hidden Hills home after trade to Rams
Matthew Stafford wasted no time getting settled in Los Angeles following his trade from the Detroit Lions to the...
LA’s Covid-era al fresco dining rules could last
Los Angeles’ Covid-era regulations that cleared the way for a burst of outdoor dining establishments may become a permanent...