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KB Home pays $58M to get into office-to-resi redevelopment in San Ramon
Mar 17, 2025

KB Home pays $58M to get into office-to-resi redevelopment in San Ramon

KB Home has paid $57.8 million for a 276,000-square-foot building it wants to replace with 190 homes in San Ramon’s Bishop Ranch. An affiliate of the Los Angeles-based developer paid cash for the thr…
Prologis project could breathe new life into DTLA’s Arts District
Mar 15, 2025

Prologis project could breathe new life into DTLA’s Arts District

Talk around downtown Los Angeles’ Art District isn’t as buzzy as it once was. A redevelopment project from Prologis that’s expected to break ground in 2027 could help breathe new life into the conv…
Lack of land leads OC home builders to 23% dip
Mar 13, 2025

Lack of land leads OC home builders to 23% dip

Top developers in Orange County are selling fewer homes, with deals plunging in the double digits because of fewer places to build. The top 13 builders in the county last year sold a combined 2,253 a…
LA’s vision for single-family infill development limited to design contest
Mar 7, 2025

LA’s vision for single-family infill development limited to design contest

Calling all architects! The City of Los Angeles has launched a design contest for how best to squeeze the most for-sale homes inside a small city-owned lot. The Los Angeles initiative, dubbed Small L…
Los Angeles rising: how the city and the industry will rebuild
Feb 3, 2025

Los Angeles rising: how the city and the industry will rebuild

The Pacific Palisades had a “flavor,” as broker Anthony Marguleas remembers it. The residential neighborhood on the Westside of Los Angeles smacked of a modern-day Mayberry, the idyllic small town f…
Beverly Hills Flats home turns quick trade for $20M
Feb 14, 2025

Beverly Hills Flats home turns quick trade for $20M

A Beverly Hills Flats home didn’t have to wait long to find a buyer. A trust tied to business-manager-to-the-stars Michael Karlin and accountant Marc Sniderman sold the mansion at 622 North Elm Drive…
Condos lead LA luxe resi out of slump
Mar 12, 2025

Condos lead LA luxe resi out of slump

Contract activity in Los Angeles County staged a comeback, with the condominium market last week leading the way out of a sluggish period. “This week’s report is all about condos, with our return to …
Birds Streets home with 100-year-old olive tree enters contract with $16M ask
Dec 24, 2024

Birds Streets home with 100-year-old olive tree enters contract with $16M ask

A Hollywood Hills home in the Bird Streets neighborhood offered a bit of everything as it topped out the list of L.A. County homes that went into contract last week. The four-bed, fourth-bath residen…
Josh and Heather Altman quit “Million Dollar Listing Los Angeles”
Nov 1, 2024

Josh and Heather Altman quit “Million Dollar Listing Los Angeles”

Josh and Heather Altman have made their last deal on “Million Dollar Listing Los Angeles.” After 14 years and 12 seasons, the celebrity broker couple have left the popular reality TV show centered on…
Who is Sahil Nandwani, the agent looking to recall LA Mayor Karen Bass?
Mar 4, 2025

Who is Sahil Nandwani, the agent looking to recall LA Mayor Karen Bass?

Sahil Nandwani calls himself “saucy” in a few of his social media handles. It’s the Los Angeles-area agent’s latest bold move that’s catapulted him into the news cycle as principal of a committee for…
Climate change will cost trillions in property value, new report finds
Feb 3, 2025

Climate change will cost trillions in property value, new report finds

Every month appears to bring new scenes of the destruction wrought by climate change. It could cost trillions. Human-driven climate change could lead to $1.47 trillion in net property value losses …
Brentwood estate asking $35M tops LA home contracts
Jan 21, 2025

Brentwood estate asking $35M tops LA home contracts

Signed contracts for luxury homes in Los Angeles County resumed as the holidays fade from memory and rebuilding efforts begin in fire-torn areas. The Eklund Weekly Luxury Report Los Angeles counted 2…
Signed luxury home contracts grind to a halt in LA’s fire zones
Jan 14, 2025

Signed luxury home contracts grind to a halt in LA’s fire zones

Home sale contracts in Los Angeles not surprisingly fell last week in neighborhoods affected by the fires in what could be a glimpse into the wildfires’ impact on residential dealmaking. Eleven contr…
Newsom orders 4-day RTO for state workers, union calls him “reckless”
Mar 5, 2025

Newsom orders 4-day RTO for state workers, union calls him “reckless”

First President Donald Trump ordered federal workers back to the office. Now Gov. Gavin Newsom has called most of the state’s workers back to their desks nearly full time. Newsom issued an executi…
Supply-demand imbalance from fires stokes LA rent price-gouging
Jan 10, 2025

Supply-demand imbalance from fires stokes LA rent price-gouging

L.A.’s high-end rental market has brought out the best and worst in people as dwindling supply and bidding wars fuel inflation. “It’s incredible. This is where we really see true colors in people,” P…
LA luxe resi contracts slide to $76M in asking volume
Mar 4, 2025

LA luxe resi contracts slide to $76M in asking volume

In the words of Douglas Elliman’s Marcy Roth, last week was a “quiet” one for Los Angeles County residential contract activity. Thirteen homes went into contract during the week ended March 2, reflec…
Zaya Younan fights Arlington Heights office foreclosure in bizarre conundrum
Mar 7, 2025

Zaya Younan fights Arlington Heights office foreclosure in bizarre conundrum

A struggling suburban Chicago building that was recently marketed as an office-to-industrial development opportunity is caught up in a complex legal battle between its owner Zaya Younan and Royal Busi…
FMB’s Ilan Kenig faces $20M default on Beverly Hills home
Jan 28, 2025

FMB’s Ilan Kenig faces $20M default on Beverly Hills home

Ilan Kenig, the CEO of multifamily firm FMB Development, is in danger of parting with a Beverly Hills mansion just months after losing a Pacific Palisades home to foreclosure, The Real Deal has lear…
LA luxury market goes quiet as contracts slow during holidays
Dec 31, 2024

LA luxury market goes quiet as contracts slow during holidays

Los Angeles luxury real estate went quiet for the holiday as signed contract activity slowed during Christmas week. Six homes went into contract equating to asking dollar volume of $29.7 million, acc…
Staging used to be about neutral furnishings and decluttering. Then it evolved.
Mar 3, 2025

Staging used to be about neutral furnishings and decluttering. Then it evolved.

When Mike Leipart first joined the Agency in 2011, he was “pretty appalled” by what he saw in Los Angeles’s high-end listings. He remembers walking through homes in some of the city’s most affluent, p…