A Southern California industrial portfolio just fetched a record sale price. Irvine-based Praelium Commercial Real Estate acquired a 17-building office, industrial and research and development portfolio in Goleta for $235 million, Commercial Property Executive reported, citing data from Yardi Matrix
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Read on The Real Deal LAWhile California’s proposed wealth tax may prompt some billionaires to relocate to other states, international buyers are increasingly investing in the Los Angeles luxury home market. Following the January 2025 wildfires, foreign interest surged, peaking at 18.2 percent of luxury home searches in L.
Mayor Mamdani and NYPD Commissioner Tisch announce crime statistics from Jan-March 2026. After campaigning to abolish it, Mamdani points to preexisting changes as his administration weighs the database’s future. [ more › ]
Housing development planning within the City of Los Angeles is 17.8 percent of a state-mandated goal that is now past its halfway mark – and local developers are disappointed but not surprised by the lag. The comparison is based on data compiled for the Regional Housing Needs Assessment – also refer
Adler Group is on the hook for $1.2 million after a judge ruled it skipped out on paying a New York brokerage that landed it an equity partner for a downtown Miami apartment development. Adler avoided paying Incitatus Real Estate $913,802, representing 1.5 percent of the equity capital the developer
