Oakley founder smashes California record with $210M home sale
The 15,000-square-foot home, which sits on 9.5 acres, was not publicly listed for sale. The deal surpasses a nearly $200M purchase in Malibu by Beyoncé and Jay-Z last year
by Lillian Dickerson Jun 21
Prank? Protest? Graffitied LA high-rise sparks housing crisis debate
A group of graffiti artists tagged Oceanside Plaza, an unfinished luxury high-rise near the site of the 2024 Grammy Awards. Two of the 12 artists were arrested and charged with trespassing
by Marian McPherson Feb 7
LA developer hit with lawsuit for homeless housing Ponzi plot
California's attorney general alleged that Shangri-La Industries illegally put developments in the state's Project Homekey housing program under threat by borrowing against them
by Lillian Dickerson Jan 19
LA City Council approves $150M in 'mansion tax' allocations
In a move that marks the 1st time funds will be specifically allocated for use since the tax was passed, the council designated 6 different programs for funding, according to reports
by Lillian Dickerson Aug 30
One of California's biggest ghost towns sells for $22.6M
Eagle Mountain, which operated an iron mine for over 3 decades and has largely been abandoned since the late '80s, has sold to a mysterious company for unknown future use
by Lillian Dickerson May 24
Mauricio Umansky's winding road from shaky childhood to luxe CEO
After navigating health scares as a child and struggling early in his career, The Agency CEO's wife, Kyle Richards, suggested he get a real estate license, which he says was the 'best decision ever'
Bel Air megamansion returns to market with a mega price cut
Dubbed 'Unica' and evoking a resort within a home, the spec mansion returned to the market asking $78M after originally listing for $100M in May
Could empty hotels be converted into high-end housing? Some say yes
'There will be survivors and there will be casualties, and I think those casualties will be ripe for redevelopment,' says Boston-based developer Ted Tye
Two years after divorce, Chris Pratt and Anna Faris sell LA home
Pratt and Faris accepted an offer of $4.75M for their 4,700-square-foot home in the Hollywood Hills West neighborhood of Los Angeles