Downtown


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Jose Huizar in front of the perhaps doomed project.

City moves to kill $700M megaproject linked to Huizar scandal

Los Angeles officials have moved to kill a $700 million downtown hotel and condo project because the developer —...

City moves to kill $700M megaproject linked to Huizar scandal
From left, clockwise: Daydream Apartments’ Griffin and Grace on Spring, Douglas Emmett’s The Glendon at Westwood and Carlyle Group’s Sofia Los Angeles

Here are LA’s 5 biggest multifamily sales of 2019

The five biggest multifamily trades in Los Angeles this year tallied $1.4 billion, doubling last year’s total of $712...

Here are LA’s 5 biggest multifamily sales of 2019
An aerial view One World Trade Center in Lower Manhattan (Credit: iStock)

On anniversary of 9/11, the World Trade Center office market is now helping propel Downtown

After the devastation of the Sept. 11 attacks, it was years before the city and developers could break ground on the 16-acre site. In...

On anniversary of 9/11, the World Trade Center office market is now helping propel Downtown
LBA Realty co-founder and principal Phil Belling and LaSalle Investment Management CEO Jeff Jacobson with USC Tower

Joint venture is selling landmark USC Tower in DTLA

UPDATED, July 19, 2:37 p.m.: A joint venture between LBA Realty and LaSalle Investment Management has put the landmark...

Joint venture is selling landmark USC Tower in DTLA
New York private equity group leads $800M refi for Sears

New York private equity group leads $800M refi for Sears

A New York-based private equity group is betting big on Sears, after Edward Lampert’s multibillion-dollar takeover of the ailing...

New York private equity group leads $800M refi for Sears
CommonGrounds co-working expands in LA with new Downtown lease

CommonGrounds co-working expands in LA with new Downtown lease

Co-working firm CommonGrounds Workplace has signed a 13-year lease deal to open a location in Downtown Los Angeles, adding...

CommonGrounds co-working expands in LA with new Downtown lease
Greenwich Village to Hollywood: NYU plans L.A. extension program for film

Greenwich Village to Hollywood: NYU plans L.A. extension program for film

Long a competitor to Los Angeles-based film schools, New York University is looking to establish its own presence in...

Greenwich Village to Hollywood: NYU plans L.A. extension program for film
DTLA could see another 212K square feet of co-working space by year’s end

DTLA could see another 212K square feet of co-working space by year’s end

Four different co-working companies are in discussions to ink as much as 212,000 square feet of office space in...

DTLA could see another 212K square feet of co-working space by year’s end
Despite guilty plea, South Park skyscraper tied to Ben Neman advances

Despite guilty plea, South Park skyscraper tied to Ben Neman advances

Convicted fraudster Morad “Ben” Neman appears to have passed ownership for a 58-story skyscraper being built on the site...

Despite guilty plea, South Park skyscraper tied to Ben Neman advances
Facing prison, Neman brothers sue investment partner for $40M

Facing prison, Neman brothers sue investment partner for $40M

UPDATED, 4:57 pm, June 28: Facing stiff prison sentences for federal crimes, developer Morad “Ben” Neman and his brothers...

Facing prison, Neman brothers sue investment partner for $40M
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