AI Tackles Construction Budgets: One Developer’s Quest to Cut 20 Hours Down to 8 Minutes
Jake Heller wasn’t trying to replace his estimator. The commercial real estate developer and AI consultant just wanted to know if artificial intelligence could...
Harbor Associates, Amstar Sell 36,000 SQFT Century City Office Building for $9.1MM
Commercial property on Pico Boulevard trades at steep discount four years after $20.2 million sale The Century City office market continues to reflect...
Mark Kiesel Announces Retirement as Managing Director and Chief Investment Officer for Global Credit at Pimco
Veteran portfolio manager caps 29-year career marked by industry-leading performance, investment innovation, and global recognition for predicting major market events NEWPORT BEACH, CA – November...
Los Angeles Self-Storage Developer Bets Big on Playa Vista Mixed-Use Expansion
A new project aims to add retail and warehouse space to an existing facility in one of LA’s hottest neighborhoods A new mixed-use...
Amazon Prepares Its Biggest Workforce Reduction in Years as AI Reshapes Corporate Operations
The e-commerce giant is set to cut up to 30,000 corporate jobs, signaling a shift toward automation and leaner management structures Amazon.com is...
Hotel Owner Snaps Up Former Snapchat Offices in Venice for $31MM
Boutique hotelier Stefan Ashkenazy acquires Silicon Beach property at steep discount, highlighting ongoing struggles in West LA office market An entity affiliated with...
Bang & Olufsen Plants Flagship in West Hollywood as Part of Entertainment Industry Push
Danish audio brand opens 4,000-square-foot store on design district’s retail corridor, betting on entertainment sector wealth Bang & Olufsen is making a major...
58-Unit Venice Beach Multifamily Property Sells for $13.3MM
Residential building at 15 Paloma Ave closes at $229,310 per unit, below February asking price The Los Angeles multifamily market continues to demonstrate...
The Pacific Recession: California, Washington, and Oregon Are America’s Economic Canaries in the Coal Mine
As the national economy teeters, the Pacific states are already feeling the pain of contraction and job losses The tech hubs and export...
$350MM Dead Mall Revival: LA’s Westside Pavilion Becomes 201-Unit Luxury Complex
Developer GPI Companies transforms former shopping center into 201-unit luxury residential complex, completing ambitious adaptive reuse project The final chapter in one of...
New Pacific Realty Corporation Lists 156-Unit Irvine Apartment Complex With Condo Conversion Potential
The Carlyle at 18880 Douglas offers 1,405 SQFT average units at $890K replacement cost per unit One of Orange County’s multifamily properties could...
Office Occupancy Reaches New Peak as Hybrid Work Battle Continues
Tuesday remains the new Monday as office attendance hits 65.3 percent across major metros, but resistance to return-to-office mandates continues to mount Office...
