National Issue
What makes Rappaport run?
“It’s 10:30 at night, and I’m in a restaurant. My phone is ringing, no caller ID. I answer the call. It’s Larry Ellison.” Eighteen years on, Kurt Rappaport said he still recalls exactly how...
MOST RECENT ARTICLES BY:
Matthew Blake
With Covid surging, program to house homeless in hotels gets extension
California’s program to temporarily house the homeless in hotels — which had been winding down — is getting extended...
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
In what looks to be the largest development portfolio offering in Santa Monica in a generation, WSC Communities will...
An inhospitable market? LA’s biggest hotel sales plunge in 2020
This was a bad year to sell a hotel. Only two of the five biggest Los Angeles County hotel...
Latest bid to buy Baldwin Hills Crenshaw Plaza may be dead
Two months after developers appeared set to pay $110 million for the Baldwin Hills Crenshaw Plaza in South Los...
Landlords sue Santa Monica over “arbitrary” ban on short-term rentals
A slew of apartment landlords are suing the City of Santa Monica, claiming a law that bans short-term rentals...
Bezos, Geffen, Katzenberg dominate LA’s biggest resi sales of 2020
In Los Angeles, there should be little debate about the “V” shaped recovery of one very specific sector: Ultra-luxury...
LA’s top 5 multifamily investment sales of 2020 fell 50%
It’s no surprise that Los Angeles County multifamily investment sales plunged in 2020, but the amount is eye-popping. The...
Judge tentatively strikes down LA County outdoor dining ban
A judge has tentatively struck down Los Angeles County’s controversial ban on outdoor dining, calling it an abuse of...
Huizar and LA developer deny charges in pay-to-play scheme
Disgraced former Los Angeles City Council member Jose Huizar intends to fight the government’s sprawling corruption case against him,...