NEWS

L.A. Times - Real Estate News

12/13/2018 7:20:00 AM

San Diego County appears to be on track to build more housing this year, led by increases in apartment construction.

For the first nine months of the year, San Diego County has built about 8,519 housing units, up from 6,054 at the same time last year, said the third quarter report from the Real...

12/13/2018 4:10:00 AM

Andre Berto, a two-time welterweight boxing world champion, is ready to go a few rounds in the Beverly Hills housing market. He’s put his modern home in the area on the market for $8.995 million, records show.

Built in 2016, the boxy two-story features 12-foot-high ceilings, wide-plank floors and...

12/12/2018 10:00:00 PM

When San Diego residents Marty Smith and Tracy Park realized they’d soon be empty nesters, they began an international hunt for a beach house.

“I had been traveling to the Caribbean for 20 years, but it wasn’t until I saw a show on TV about Placencia that I even considered Belize,” says Smith,...

12/12/2018 7:00:00 PM

In a bet on the continuing allure of Silicon Beach, one of the neighborhood’s largest developers will erect a deluxe speculative office building near Playa Vista intended to appeal to tech, entertainment and media companies.

The $225-million building, called Entrada, will be shaped like a conventional...

12/11/2018 7:00:00 PM

Office workers will soon toil where Angelenos of their great-grandparents’ generation once tried on shoes and purchased the most au courant styles in hats.

The elegant former home of Desmond’s, one of the city’s earliest clothiers, is poised for a comeback as the latest example of creative offices...

12/11/2018 4:05:00 AM

Selling your home can be a headache. There’s the real estate agent to find, the open houses to hold, the bids to weigh. And then, at the very end, there’s the wait for something that may not even happen: financing.

A growing number of companies are looking to simplify and speed the process. Zillow,...

12/10/2018 9:10:00 AM

For CBS Corp., the price was right.

The company said Monday that it has sold its iconic Television City headquarters, and active sound stages, near Farmers Market and The Grove for $750 million to Los Angeles-based real estate developer Hackman Capital Partners.

The sale, which was expected, will...

12/6/2018 1:15:00 AM

The founder of a fast-growing mortgage lender is launching a tech startup in San Diego, hoping to help millennials and other tech-savvy buyers find houses within their budgets.

The company, called Greendoor, is building a suite of online tools to help buyers search for houses based on the monthly...

12/2/2018 9:00:00 PM

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I'm assistant Business editor Laurence Darmiento, sitting in for the vacationing David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week.

A speech by Fed Chief Jerome...

11/30/2018 7:00:00 AM

In a recent sale, the owner of an 82,000 square-foot life science building at 10222 Barnes Canyon, in the heart of Sorrento Mesa, got more than triple what it paid for the property just two years prior.

La Jolla-based commercial real estate company Bollert LeBeau sold the building — a fully leased,...

11/29/2018 7:25:00 AM

Home sales fell for the fifth month in a row in San Diego County in October and prices were also down, real estate tracker CoreLogic reported Thursday.

The latest numbers show continued signs of a slowdown in the real estate market — across the nation, not just locally — but analysts cautioned...

11/29/2018 6:35:00 AM

Southern California home sales tumbled 7.5% in October from a year earlier, extending a broad slowdown in the housing market, according to a report released Thursday by CoreLogic.

Last month was the third straight month of declines, and the 19,193 homes that sold were the lowest number for an October...

11/28/2018 6:05:00 AM

Bankrupt Sears Holding Company wants a white knight to swoop in and save the brand by purchasing 505 owned and leased Sears and Kmart locations, including four in San Diego County.

The company said last week in a bankruptcy filing that it hopes to keep the following local stores alive: The 150,380...

11/27/2018 11:30:00 PM

Sales of new U.S. homes fell in October to the weakest pace since March 2016 as rising borrowing costs and elevated prices keep buyers out of the market.

Single-family home sales fell 8.9% from the prior month to a 544,000 annualized pace, according to government data released Wednesday. That was...

11/27/2018 10:00:00 PM

The upscale Park Hyatt Aviara resort, which was taken over by its lender more than a year ago following missed payments, is now under new ownership.

Xenia Hotels & Resorts, a Florida-based real estate investment trust that owns 41 hotels across 17 states, including the Andaz in downtown San Diego,...