Source: Los Angeles Times Real Estate News
A former department store site in Beverly Hills that has been slated for a $1.2-billion hotel and condominium complex is being sold to its next-door neighbors and rivals — the owners of the Beverly Hilton and Waldorf Astoria hotels. The sale by Dalian Wanda Group, one of China's largest private... [...]
Fri, Nov 16, 2018 3:05:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
A rebound by technology companies and banks helped reverse an early slide for U.S. stocks Thursday, breaking the market’s five-day losing streak. Healthcare and industrial stocks also rose, offsetting losses by retailers, homebuilders, utilities and other sectors. Energy stocks also helped lift... [...]
Thu, Nov 15, 2018 10:30:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Dear Liz: My ex-husband is a self-employed carpenter who just turned 64. He’s gotten a bit over his head with his credit cards. He tried for a home equity loan since he has plenty of equity and high credit scores. His mortgage lender says he doesn’t make enough money and [...]
Sun, Nov 11, 2018 11:00:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
It’s a wrap in Silver Lake for Kristen Wiig, who is offering her revamped Midcentury Modern-style home for $5.125 million. The Silver Lake hillside perch, named the Martin Residence for its architect, Albert P. Martin, maintains its Modernist aesthetic and original floor plan. An open-concept great... [...]
Sat, Nov 10, 2018 2:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Belying its exotic moniker, the site that became Hawaiian Gardens was originally a marsh that local farmers called “the Delta,” according to the city's official history. The Delta drew a steady stream of locals and passing travelers looking to water their horses at its murky pools, and in 1927... [...]
Sat, Nov 10, 2018 1:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
The Federal Trade Commission announced Thursday that it’s looking to shut down the “largest overseas real estate investment scam” it has ever encountered: an unfinished luxury development in Belize whose owners and management, the agency alleged, bilked people out of more than $100 million. The... [...]
Thu, Nov 08, 2018 11:30:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
U.S. stocks slipped Thursday as oil prices’ ninth consecutive drop hurt energy companies. U.S. markets were coming off huge gains from the day before. U.S. crude oil has slumped more than 20% since early October, meeting Wall Street's definition of a bear market. Government fuel stockpiles have... [...]
Thu, Nov 08, 2018 10:50:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Expanded rent control in California failed with voters Tuesday, but it might be an issue that refuses to go away. Proposition 10 sought to repeal a 1995 law, the Costa-Hawkins Rental Housing Act, that limits county and city governments’ ability to slow rent hikes. Around 38 percent of voters in... [...]
Wed, Nov 07, 2018 11:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
A Boston company bought a cluster of San Diego office buildings this week for $112 million, one of the biggest local real estate sales of the year. The cluster of 12 buildings had been owned by San Diego-based Parallel Capital Partners, a real estate investment firm. The total area sold [...]
Tue, Nov 06, 2018 11:10:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Wells Fargo & Co. acknowledged Tuesday that it failed to offer mortgage modifications to hundreds more borrowers who were due them and that many ultimately lost their homes because of the error. The San Francisco bank reported in August that it miscalculated certain fees when determining whether... [...]
Tue, Nov 06, 2018 10:05:00 PM, Continue reading at the source

Leave Comment

Your email address will not be published. Required fields are marked *