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California resi sales near two-decade low: Attom

Homebuying in California nearly hit a more than two-decade low last quarter. Across the state, 23,317 existing and newly built homes were sold in November, marking the second-lowest performance in the month in 21 years, the Orange County Register r...

“Buying Beverly Hills” star asks $65M for manse in test of Brentwood luxury appetite

Celebrity agent Santiago Arana is testing a $65 million price tag for his speculative Brentwood mansion that’s being billed as a wellness retreat. The nine-bedroom, 14-bathroom residence at 401 North Tigertail Road pencils out to $3,250 per square ...

Port of LA’s plans for Outer Harbor cruise terminal unveiled

The Port of Los Angeles’ proposed Outer Harbor cruise terminal is taking shape. The port announced last week that Pacific Cruise Terminals LLC, a joint venture between Carrix Incorporated and JLC Infrastructure, has been chosen to develop and...

New California law bans undisclosed alterations to home listing photos

California homebuyers can’t be duped by property listing photos thanks to a new state law. Assembly Bill 723, which took effect Jan. 1, requires real estate agents and brokers to disclose when listing images have been digitally altered and to pro...

Progressive proposes 15-year exemption on Measure ULA

The latest bid to give developers a break on Los Angeles’ big, bad “mansion tax” comes from a Democratic Socialist, with the progressive president of the Los Angeles City Council seconding the motion. Fourth District Los Angeles City Councilmem...

Focus on TRD Data: Post Investment Group’s $71M multifamily deal trounces Palmdale competition in 2025

Post Investment Group dropped $71 million on a rental complex in the desert city of Palmdale that dwarfed the top multifamily sales in the city combined last year, according to Los Angeles County tax assessor data and research by The Real Deal. Boca ...