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President Trump visits Los Angeles to discuss wildfire recovery

President Donald Trump briefly crossed paths with California Gov. Gavin Newsom and then met with Los Angeles City and County leaders -- including L.A. Mayor Karen Bass -- to discuss recovery and rebuild after the January 2025 fires that devastated Southern California.
#wildfires

Needle for estimated LA fire damages swings from $50B to $275B

L.A. County firestorms caused an estimated economic damage ranging from $36 billion to $275 billion, with debates over the accuracy of these forecasts.

What's LA real estate's role in fire rebuild efforts?

Los Angeles real estate industry mobilizing to support rebuilding efforts and community planning post-wildfires.

For home insurance market, LA fires come at critical moment

Farmers Insurance is aiding wildfire victims in Southern California through specialized response teams and claims processing centers.

Private firefighters guard Rick Caruso's Brentwood home from flames

Caruso's use of private firefighters during the Pacific Palisades fire highlights the growing trend of wealthier property owners investing in additional fire protection.

LA wildfires have put over $40B of residential real estate value at risk

Wildfires in Los Angeles County threaten over $40 billion in real estate, highlighting the urgent need for reconstruction and housing solutions.

Mutual aid replaces dealmaking as LA resi responds to firestorm

The Palisades Fire has caused significant destruction in Los Angeles, leading to considerable emotional and economic impact within the real estate industry.

Needle for estimated LA fire damages swings from $50B to $275B

L.A. County firestorms caused an estimated economic damage ranging from $36 billion to $275 billion, with debates over the accuracy of these forecasts.

What's LA real estate's role in fire rebuild efforts?

Los Angeles real estate industry mobilizing to support rebuilding efforts and community planning post-wildfires.

For home insurance market, LA fires come at critical moment

Farmers Insurance is aiding wildfire victims in Southern California through specialized response teams and claims processing centers.

Private firefighters guard Rick Caruso's Brentwood home from flames

Caruso's use of private firefighters during the Pacific Palisades fire highlights the growing trend of wealthier property owners investing in additional fire protection.

LA wildfires have put over $40B of residential real estate value at risk

Wildfires in Los Angeles County threaten over $40 billion in real estate, highlighting the urgent need for reconstruction and housing solutions.

Mutual aid replaces dealmaking as LA resi responds to firestorm

The Palisades Fire has caused significant destruction in Los Angeles, leading to considerable emotional and economic impact within the real estate industry.
morewildfires

Breaking: Los Al Fire reported in Los Angeles County on Jan. 23

A new wildfire, named Los Al, has begun burning in Los Angeles County as of January 23, 2025.

New Brush Fire Breaks Out in L.A., Threatening Area Near U.C.L.A.

A significant brush fire near Los Angeles is growing, leading to evacuation warnings and posing a threat to nearby landmarks and communities.
#market-trends

Discounts and distress shape LA's biggest office sales in 2024

L.A. office market in 2024 featured significant distress, benefiting buyers with available capital for key investments.

Bargains abound in LA's top 10 multifamily sales for 2024

Multifamily investment activity in Los Angeles County decreased significantly in 2023-2024 due to new taxes and high borrowing costs.

Industrial slump pushes Southern California vacancy up to 5.1%

Southern California industrial vacancy rates have reached 5.1% after several years of decline.

Office leasing in LA County jumps 129% year-over-year

Los Angeles County's office leasing market shows significant recovery, with a notable increase in leasing activity driven by renewals and shifting workplace dynamics.

Renewals dominate LA's top office leases for 2024

Tenants largely stayed put in 2024, resulting in a market dominated by renewals with only a few new office leases.

Sale closed in San Ramon: $1.7 million for a four-bedroom home

Recent home sales in San Ramon indicate a strong real estate market with rising property values and demand.

Discounts and distress shape LA's biggest office sales in 2024

L.A. office market in 2024 featured significant distress, benefiting buyers with available capital for key investments.

Bargains abound in LA's top 10 multifamily sales for 2024

Multifamily investment activity in Los Angeles County decreased significantly in 2023-2024 due to new taxes and high borrowing costs.

Industrial slump pushes Southern California vacancy up to 5.1%

Southern California industrial vacancy rates have reached 5.1% after several years of decline.

Office leasing in LA County jumps 129% year-over-year

Los Angeles County's office leasing market shows significant recovery, with a notable increase in leasing activity driven by renewals and shifting workplace dynamics.

Renewals dominate LA's top office leases for 2024

Tenants largely stayed put in 2024, resulting in a market dominated by renewals with only a few new office leases.

Sale closed in San Ramon: $1.7 million for a four-bedroom home

Recent home sales in San Ramon indicate a strong real estate market with rising property values and demand.
moremarket-trends

New wildfire near LA turns sky orange

A new wildfire north of Los Angeles in the US turned skies orange and triggered mandatory evacuation orders for thousands of people.

Critical hours ahead for firefighters in Los Angeles

Christopher Thornberg, an American economist, talks about the wildfires in Los Angeles and the lack of preparedness by authorities to fight them.

Oaktree Capital lands $240M in C-PACE finance for DTLA office tower

Oaktree Capital Management secured $240 million in C-PACE financing for sustainability renovations on a Downtown LA office tower.

Frieze Los Angeles to Proceed as City Struggles to Recover from Devastating Fires

The organizers of Frieze Los Angeles said that this year's iteration will take place as planned, even as the City of Angels fights ravaging wildfires.

Dodgers Free Agent Clayton Kershaw Distributing Supplies To Families Affected By Southern California Wildfires

Clayton Kershaw is mobilizing support for Southern California wildfire victims through donations and collaboration with local sports teams.
#affordable-housing

Related California's Bill Witte has built more housing in California than almost anyone else. How?

Patience and community engagement are crucial for successful development projects, particularly in regulatory environments like California.

hollywoodHUB affordable housing project breaks ground in Northeast Portland

Portland breaks ground on a 12-story affordable housing project to address low-income housing needs, highlighting a community effort in addressing housing challenges.

Related California's Bill Witte has built more housing in California than almost anyone else. How?

Patience and community engagement are crucial for successful development projects, particularly in regulatory environments like California.

hollywoodHUB affordable housing project breaks ground in Northeast Portland

Portland breaks ground on a 12-story affordable housing project to address low-income housing needs, highlighting a community effort in addressing housing challenges.
moreaffordable-housing

Shohei Ohtani & Wife Pledge $500,000 Donation For Southern California Wildfire Relief Efforts

Shohei Ohtani and his wife pledged $500,000 for wildfire relief efforts in Southern California.

California legislation would speed up light-rail, bus lane conversions, exempting them from environment review

California's Senate Bill 71 seeks to permanently exempt transit projects from environmental reviews to accelerate their implementation and address climate change.
#real-estate

The Reuben Brothers' self-describedblack sheep steps up

David Reuben Jr. is managing the $2.5 billion Century Plaza project, which has faced significant challenges and minimal visible progress.

Uncommon looks to build 12-story apartment highrise in Westwood

Uncommon Developers aims to build a 12-story apartment project with significant affordable housing contributions in Westwood, leveraging new density bonus laws.

Amid claims of price gouging, agents say not all are bad apples

Landlords are facing criticism for allegedly hiking rents during the Los Angeles wildfires, raising ethical concerns about exploiting the crisis.

The LA home that Matthew Perry purchased in the months before his death has found a new owner

Matthew Perry's Hollywood Hills home is now in escrow following his death, highlighting his real estate investments in the months leading up to his passing.

Palisades broker describes wave of emotions from LA fires

The recent fires have devastated the Pacific Palisades community, impacting many families and homes, including that of real estate broker Anthony Marguleas.

Jason Oppenheim, Ben Belack lead call to loosen regulations in fire rebuild efforts

Los Angeles agents stress urgent need for regulatory changes to aid housing recovery after wildfires.

The Reuben Brothers' self-describedblack sheep steps up

David Reuben Jr. is managing the $2.5 billion Century Plaza project, which has faced significant challenges and minimal visible progress.

Uncommon looks to build 12-story apartment highrise in Westwood

Uncommon Developers aims to build a 12-story apartment project with significant affordable housing contributions in Westwood, leveraging new density bonus laws.

Amid claims of price gouging, agents say not all are bad apples

Landlords are facing criticism for allegedly hiking rents during the Los Angeles wildfires, raising ethical concerns about exploiting the crisis.

The LA home that Matthew Perry purchased in the months before his death has found a new owner

Matthew Perry's Hollywood Hills home is now in escrow following his death, highlighting his real estate investments in the months leading up to his passing.

Palisades broker describes wave of emotions from LA fires

The recent fires have devastated the Pacific Palisades community, impacting many families and homes, including that of real estate broker Anthony Marguleas.

Jason Oppenheim, Ben Belack lead call to loosen regulations in fire rebuild efforts

Los Angeles agents stress urgent need for regulatory changes to aid housing recovery after wildfires.
morereal-estate

Irvine to consider tougher regulations for warehouse development

Irvine's city council is considering tougher regulations or a ban on large warehouse developments due to concerns over their scale and impact.

Crypto.com Pledges $1 Million to Aid Los Angeles Wildfire Relief Efforts Crypto News Bitcoin News

The donation will aid current relief efforts by Los Angeles firefighters while equipping them for potential future emergencies.

LA to consider rent freeze and eviction moratorium for fire victims

Los Angeles is considering a rent freeze to protect tenants affected by devastating fires and counteract potential price gouging amid a housing crisis.

Dodgers Free Agent Clayton Kershaw Distributing Supplies To Families Affected By Southern California Wildfires

Kershaw's Challenge is mobilizing supplies for Southern California wildfire victims, demonstrating community support.

See wildfire destruction of entire neighborhoods across Los Angeles in aerial tour

From Army National Guard helicopters, destruction of home after home is seen after California wildfires swept through Los Angeles area.

What is this pink powder coating Los Angeles?

A bright pink powder has coated homes and hillsides around Los Angeles during the devastating wildfires.
What is it?

Sony Donates $5 Million To Los Angeles Fire Relief Efforts

Sony pledges $5 million for Los Angeles fire relief efforts amid ongoing disaster.

Win.IT America to occupy new 607K sf warehouse in City of Industry

Win.IT America has expanded its operations by leasing a large warehouse in the City of Industry, reflecting strong demand in the industrial real estate market.
from Business Insider
1 week ago

Photos show the devastating aftermath of the Los Angeles fires as parts of the city continue to burn

Multiple wildfires in Los Angeles have devastated over 40,000 acres, resulting in 24 deaths and ongoing evacuations of residents.

Los Angeles teams, Fanatics donate $11 million in money, merchandise to wildfire victims

Los Angeles sports teams are uniting to donate $8 million to wildfire relief efforts, along with additional support through merchandise donations.

New lawsuit alleges Edison equipment sparked one of the deadly Los Angeles wildfires that destroyed over 7,000 homes

Wildfires that began last Tuesday have killed at least 24 people across the Los Angeles area.

24 confirmed dead in Los Angeles wildfires

Officials say three fires are currently still burning.
CBS News Los Angeles' Laura Haefeli and CBS News New York's Mahsa Saeidi have team coverage.

Female-founded brands offer to help LA fire victims

Female founders of Bobbie, Brightland, and other brands are helping victims of the Los Angeles fires.

They lost their home insurance policies. Then came the fires

Homeowners in California face skyrocketing insurance costs and may be forced to go uninsured, increasing their vulnerability to catastrophic wildfires.

Los Angeles wildfires death toll rises as burn area is now larger than San Francisco

Five of the deaths were attributed to the Palisades Fire and 11 resulted from the Eaton Fire, the Los Angeles County coroner's office said in a statement.

Experts say Los Angeles rental prices will 'inevitably' spike post-wildfires

The LA housing crisis was dire before, but now hundreds of thousands of people are displaced.

Red flag warnings to be issued again as crews battle LA fires

Wildfires have already left at least 11 people dead and seared more than 30,000 acres in Los Angeles County.

All eyes are on State Farm's next move as wildfires rip through Los Angeles

State Farm announced it would end coverage for 72,000 homes and apartments in the state earlier this year.

Kenneth fire: Evacuation orders, shelters

The Kenneth fire has led to mandatory evacuations in west San Fernando Valley neighborhoods due to its proximity.

This wildfire evacuation alert accidentally went out to everyone in LA County

The evacuation alert for LA County was erroneously issued due to a technical error, causing confusion among residents.
The order was intended only for residents near the Kenneth Fire in Woodland Hills.
#los-angeles

LA's record-breaking year for high-end home sales

2024 was the year of Carolwood Estates in Los Angeles' luxury real estate market, dominating significant transactions.
Malibu's residential sales hit record levels, particularly with a $210 million estate sale by Oakley founder Jim Jannard.

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

L.A.'s high-end rental market faces inflation due to dwindling supply and bidding wars, revealing true human nature amidst fierce competition.

LA's record-breaking year for high-end home sales

2024 was the year of Carolwood Estates in Los Angeles' luxury real estate market, dominating significant transactions.
Malibu's residential sales hit record levels, particularly with a $210 million estate sale by Oakley founder Jim Jannard.

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

L.A.'s high-end rental market faces inflation due to dwindling supply and bidding wars, revealing true human nature amidst fierce competition.
morelos-angeles

LA County Fire mistakenly sends out emergency evacuation alert to entire county

An evacuation warning was mistakenly sent to all of Los Angeles County, causing undue panic among residents.

Wildfire Evacuation Alert Was Mistakenly Sent to All of L.A. County

An evacuation warning sent in error caused confusion across Los Angeles County. The alert was intended for specific areas near a raging fire.

Map: Kenneth fire burning in West Hills area of LA County

A brush fire burning in the West Hills area of Los Angeles County has prompted mandatory evacuations as well as evacuation warnings in LA and Ventura counties Thursday.

L.A. FIRE SMOKE ISSUES

Air quality in Los Angeles has been poor, posing breathing challenges for people with certain health conditions.

FIRE SMOKE AIR PURFIERS

Air quality in Los Angeles has been poor, posing breathing challenges for people with certain health conditions.

Los Angeles realtors are banding together to help displaced residents find homes

In the wake of the devastating fires across Los Angeles, realtors are banding together to help their communities.

Los Angeles wildfire destruction tops 10 dead and 10,000 structures burned as new blaze ignites and Pacific Palisades remains uncontained

All of the major fires that have broken out this week are located in a roughly 25-mile (40-kilometer) band north of downtown Los Angeles.

L.A. wildfire resource guide: How to stay safe, what to do and how to help

With multiple wildfires burning around Los Angeles County, Times reporters have compiled information on how to stay safe, how to help and what steps to take if you are affected by the fires.

Hollywood stars lose homes as out-of-control wildfires engulf Los Angeles

Devastating wildfires in Hollywood Hills kill at least five, displacing 130,000 and threatening the US film industry amid uncontrolled flames and dry winds.

Los Angeles wildfires: Fresh blaze breaks out in Hollywood as deadly fires burn out of control

The Sunset Fire in Hollywood Hills has led to evacuations and is part of a series of blazes that have resulted in fatalities.
from Advocate.com
2 weeks ago

Evacuating from the Los Angeles fires? Here are some resources to help

Widespread evacuations and emergency shelters are necessary due to raging wildfires causing significant destruction in Los Angeles.
from Los Angeles Times
2 weeks ago

Fire evacuees can find rooms at these L.A. hotels

Hotels in Los Angeles are accommodating thousands of fire-displaced residents at discounted rates, complying with state price gouging laws.
from Los Angeles Times
2 weeks ago

Kennith fire burning near Woodland Hills

The Kennith fire in Woodland Hills has burned 50 acres, prompting mandatory evacuations and emergency response from LAFD.

Caruso, Cardone blast Bass, Democrats as LA fires turn political

The Palisades Fire exposed local governmental failures, particularly regarding emergency preparedness and resource allocation.
Critics of local leadership cited corruption as a key issue amid the crisis, linking it to inadequate disaster response.

Airbnb is offering temporary housing for people impacted by the L.A. wildfires

Airbnb.org is providing free housing for LA residents displaced by wildfires, significantly aiding those in urgent need.

Hollywood Hills Fire Threatens Beloved Los Angeles Landmarks

The Sunset fire poses a significant threat to Los Angeles landmarks and local residents' safety amidst growing wildfire concerns.
Mandatory evacuations have been ordered for areas near iconic Hollywood locations due to the encroaching fire.

Photos: Los Angeles wildfires threaten lives, homes and cultural landmarks

Los Angeles firefighters are overwhelmed by multiple wildfires, leading to loss of life and significant destruction.

These Los Angeles restaurants offer food to fire evacuees and first responders

Community restaurants are providing food and support for evacuees and first responders during the ongoing Los Angeles wildfires.

Sunset fire in Hollywood Hills: Evacuation order is issued

A fast-moving fire is burning in Runyon Canyon in the Hollywood Hills.
...
The fire is burning south toward Hollywood Boulevard.
...
Evacuation order

LA fires: devastation as wildfires rip through Los Angeles in pictures

Wildfires continued to burn across LA, with at least five people killed and more than 1,500 buildings destroyed.

How several major landmarks are doing in the Los Angeles fires

Seven Los Angeles landmarks and how they're affected by the fires raging across the region.

Scenes of destruction from Los Angeles wildfires

A drive along streets in the US state of California shows the kind of destruction left by several wildfires currently raging across the area around Los Angeles.

RAW VIDEO: Pacific Palisades wildfire burns in Los Angeles area

Video footage posted Jan. 9, 2025 shows damage caused to multiple buildings in Pacific Palisades after California wildfires spread across Los Angeles.

All the Hollywood stars who have lost their homes or had to evacuate due to the California wildfires

Homes destroyed in the Palisades Fire, on January 8, 2025 in the Pacific Palisades community of Los Angeles, California.

Wind flow patterns over Los Angeles

Based on data from NOAA, the New York Times shows the direction and speed of wind over Los Angeles with an animated map, as of January 8, 2025 at noon.

PHOTOS: Powerful images show destruction from deadly Southern California fires

Strong winds intensified wildfires around Los Angeles, leading to mandatory evacuations and significant firefighting efforts in multiple areas.

Homes, commercial buildings burn in Palisades, Malibu, Pasadena foothills

Southern California wildfires are exacerbated by strong winds, leading to significant destruction and widespread evacuations.

Los Angeles Fires: Premieres and Events Canceled from AFI Awards Luncheon to BAFTA Tea Party

Multiple events in and across Los Angeles and Hollywood have been canceled or postponed amid the ongoing Los Angeles wildfires.

A second wind-whipped wildfire is burning out of control in the Los Angeles area, prompting more evacuation orders

LOS ANGELES (AP) A second wind-whipped wildfire is burning out of control in the Los Angeles area, prompting more evacuation orders.
Originally Published: January 7, 2025 at 9:43 PM PST

Los Angeles wildfires force closure of Universal Studios Hollywood, other major amusement park

Universal Studios Hollywood sent out a rare closure e-mail, shutting its doors Wednesday.

Fourth wildfire erupts in Los Angeles as flames rapidly spread

Four separate wildfires have now been reported in the Los Angeles area as firefighters struggle to stop the rapidly spreading flames fanned by strong winds.
At least two deaths have been reported.

Tracy Tutor leaves Douglas Elliman to join Compass

Tracy Tutor's transition to Compass reflects her ambition to broaden her real estate impact and enhance service capabilities in luxury markets.

Big-money mortgage defaults dot LA map in 2024

Commercial real estate loan defaults surged in Southern California, particularly in the office and retail sectors, driven by declining occupancy and economic pressures.

Why these retail players are betting on malls for LA millennials with money

Runyon Group successfully curates retail spaces that appeal to wealthier millennials, driving foot traffic and leasing success.
Their investment strategy combines real estate with a carefully chosen brand mix to enhance shopping experiences.

L.A.'s Twin Crises Finally Seem Fixable

Los Angeles is addressing its historical urban sprawl and problems through significant investment in transit and housing despite ongoing resistance.

Dodgers, Teoscar Hernandez Agree to $66 Million Deal to Keep Fan Favorite in LA

Teoscar Hernández signs a three-year contract with the Dodgers worth $66 million.

Morrison Hotel in Los Angeles made famous by The Doors goes up in flames

The former Morrison Hotel, iconic for its association with The Doors, suffered severe fire damage.

Lehrer Architects Unveils Gower Mausoleum at Hollywood Forever Cemetery in Los Angeles, United States

The Gower Mausoleum combines innovative design with cultural significance, offering a resting space for over 50,000 and enriching Hollywood's heritage.
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