Koreatown


The Latest

A rendering of the project and Douglas Bystry, President and CEO of Clearinghouse

Koreatown resi complex marks firm’s entry into Opportunity Zones

A community development firm that operates in underserved neighborhoods will develop a multifamily complex in Koreatown, part of its...

Koreatown resi complex marks firm’s entry into Opportunity Zones
L.A. City Attorney Mike Feuer and a rendering of the Koreatown project (Credit: Getty Images)

LA sues Koreatown developer Michael Hakim

For two years, developer Michael Hakim and the city of Los Angeles were on the same side. Activists had sued to reverse city approval on his 27-story development project in Koreatown, and Hakim’s Colony...

LA sues Koreatown developer Michael Hakim
L.A. Councilman Herb Wesson and an empty lot Rosewood Corp. is looking to build on (Credit: Getty Images and Google Maps)

Koreatown tower developer gave city council president’s son a deal on rent: report

The son of embattled Los Angeles City Council President Herb Wesson may have received preferential treatment on his rent...

Koreatown tower developer gave city council president’s son a deal on rent: report
Michael Sorochinsky, Steven Fifield, Mike Parrell, and Next on Sixth

Big deal: Sam Zell’s Equity Residential buys 398-unit Koreatown resi complex

Multifamily giant Equity Residential is investing big in booming Koreatown and adding to its portfolio of Los Angeles properties....

Big deal: Sam Zell’s Equity Residential buys 398-unit Koreatown resi complex
Top to bottom: a rendering of the project and a photo of the site at 3170 West Olympic Boulevard (Credit: Google Maps)

Koreatown hotelier sells shovel-ready development site entitled for 252 units

A Koreatown hotelier has sold an Olympic Boulevard assemblage the firm it recently entitled for a 252-unit mixed-use apartment...

Koreatown hotelier sells shovel-ready development site entitled for 252 units
From left: Comerica Bank CEO Curtis Farmer, Jamie Lee and 2842 West James Wood Boulevard (Credit: LinkedIn and Google Maps)

Jamison nabs construction loan on another big resi project

Three days after scoring city approval for its 193-unit development, Jamison secured a $48 million construction loan on the...

Jamison nabs construction loan on another big resi project
From left: Director of Realty Ryan Limb and Newport Partners founder Monique Hastings with the property (Credit: Google Maps)

This developer is going all in on LA affordable housing

The new owner of a Koreatown property is shifting course on a proposed project it inherited. Irvine-based Newport Partners...

This developer is going all in on LA affordable housing
Simon Kerendian's Koreatown development site

In Koreatown, residential project proposals keep piling up

There is no shortage of residential development in Koreatown, but developer Simon Kerendian wants to add to the list....

In Koreatown, residential project proposals keep piling up
Bastion Development Corporation Executive Vice President Reid Kaufmann and the Koreatown project

This Vancouver developer is bringing a 200-unit resi project to Koreatown

Bastion Development Corporation has the go-ahead to build a 209-unit apartment complex and retail space in Koreatown. The Vancouver-based...

This Vancouver developer is bringing a 200-unit resi project to Koreatown
Rendering by Andmore Partners

Going up: Koreatown developer wants to add resi units, with city incentives

The Koreatown development boom doesn’t appear to be in danger of fizzling out any time soon.  And thanks to...

Going up: Koreatown developer wants to add resi units, with city incentives
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