LA real estate
California attorney general alleges home flipper Wedgewood illegally evicted tenants
Wedgewood, a high-profile house-flipping company, reached a $3.5-million settlement with the California attorney general's office to resolve allegations that it wrongfully evicted tenants, in part by using pressure tactics including depriving tenants of power and water, the attorney general said Wednesday.
The Bloc To Add Nearly 500 Apartments
A national real estate investment firm and developer has proposed adding a residential tower to one of Downtown L.A.'s best known commercial centers.
U.S. Mall Values Plummeted by One-Third in 4 Years: Green Street
New data on United States mall values are the latest sign of how far the once-glorious retail centers have fallen.
Dom DeLuise's Pacific Palisades ranch sells for $6.49 million
On the outskirts of Riviera Country Club, the Pacific Palisades ranch of late actor and comedian Dom DeLuise just sold for $6.49 million.
"Revenge Travel" Gives Needed Boost to Hotel Markets Across U.S.
Alison Aplin cashed in air miles from pandemic-punctured trips to Hawaii and London for a Thanksgiving break in Los Cabos, her third vacation in as many months.
Jim Belushi Finally Offloads Brentwood Mansion For $30M
Jim Belushi has offloaded a Brentwood estate after several price cuts and more than five years on the market.
Belushi sold the 1.3-acre estate in Brentwood Park for $30 million, according to Dirt.
Healthcare REIT exploring sale amid ill effects of pandemic - The Real Deal Los Angeles
San Clemente-based CareTrust REIT Inc. is exploring a sale as it deals with pandemic-driven challenges.
Sue Gross Buys Third Beverly Hills Home For $16.1M
Billionaire Sue Gross has spent $16.1 million for a Tuscan farmhouse-style home next to her main mansion in Beverly Hills as part of a luxe reshuffle for the former spouse of the one-time Bond King.
Industrial Developer CenterPoint To Develop Warehouse Near LA Ports
Industrial real estate investor and developer CenterPoint Properties is on a buying spree in Southern California.
Better.com CEO Apologizes to Employees for Zoom Layoff Call
Mortgage originator Better.com CEO Vishal Garg has apologized for his handling of recent layoffs by the company, in which he announced the firing of more than 900 employees over Zoom, accused them of being unproductive and then anonymously leaking video of the rant.