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Los Angeles

Oren Levy of Gesh Group and Emil Hartoonian of The Agency

Luxury home remodels on the rise as owners avoid ULA tax

Data revealed 46% increase in permits since mansion tax took effect

Oceanwide chief restructuring officer Bradley Sharp with the current site and rendering of Oceanwide Plaza

Bankruptcy court appears poised to confirm sale of Oceanwide Plaza

Soon-to-be decision comes after hours-long confirmation hearing, city pulling challenge

344 South Hudson Avenue in Hancock Park with Aaron Kirman of Christie’s International Real Estate Southern California and Sotheby’s International Realty’s Neyshia Go

$17M mansion in Hancock Park tops last week’s luxury resi contracts

Dollar volume down from week prior but up year-over=over

Rick Caruso and The Commons at Calabasas at 4799 Commons Way and Michael Hackman and Culver Steps at 9300 Culver Boulevard

Caruso sues Commons at Calabasas tenant, Erewhon countersues Hackman

Plus, Paramount reportedly considering leaving California, Becerra backers and more Los Angeles commercial real estate news this week