Vitruvian Looks to Build 27-Unit Apartment Building in Hollywood
Vitruvian Development Group plans a 27-unit apartment complex in Hollywood with affordable housing set aside as part of density bonus incentives. [ more ]
Big East Bay apartment complex is bought for more than $50 million
A veteran real estate firm, Hines, purchased The Rise Walnut Creek apartment complex for over $50 million, indicating a profit for the developer, Rescore Property. [ more ]
Clarion Partners Sells Playa Vista Apartments for $122M
Clarion Partners sold Playa Vista apartment complex for $122 million, $7.3 million less due to city tax, now owned by DivcoWest at $570,000 per unit. [ more ]
372 apartments move forward at a former San Jose DMV site
The former DMV in central San Jose will be transformed into a 372-unit apartment complex called 'The Place' with unique design. The area is well-suited for dense housing. [ more ]
LAPD makes arrests in Benedict Canyon triple slaying
(Francine Orr / Los Angeles Times)
Los Angeles police detectives have taken into custody several suspects in connection with a triple slaying outside a Benedict Canyon home earlier this year, law enforcement sources told The Times.After months of investigation that led detectives to a Beverly Hills high-rise, where a getaway car had been spotted, police have taken into custody those they say were involved in the Jan. 28 attack, which left three dead and four others critically wounded, according to law enforcement sources.