Owlwood Estate

SEC accuses luxury realty developer Woodbridge of running $1.2B Ponzi scheme

Woodbridge Group of Companies and its owner are facing a lawsuit filed by the Securities and Exchange Commissions for allegedly spending more than $328...
(College Futures Foundation) logo

New report: Rent revenue, budget cuts could fund maintenance of public academic infrastructures

A $47.2 billion budget is required for the update and maintenance of existing infrastructure at the California Community Colleges, University of California, and California...
Anita May Rosenstein Campus

City approves $4.9M grant for affordable LGBT housing at Anita May Rosenstein Campus

Construction on Los Angeles LGBT Center’s new Anita May Rosenstein Campus is expected to stay on track after city council approved a $4.9 million...
Fig+Pico Convention Center Hotel

Los Angeles approves $103M tax break for 1,130-room Fig+Pico hotel project

On Dec. 2, Los Angeles City Council granted $103 million in tax breaks to the developer of a hotel project that would bring 1,130...
Los Angeles Transit Neighborhood Plans

LA officials weigh rezoning plan allowing denser developments around Expo Line stations

Los Angeles officials have reportedly been weighing the Exposition Corridor Transit Neighborhood Plan, which will allow denser commercial and residential development within a half-mile...

Private investors spend $1B on development surrounding future Foothill Gold Line light rail stations

An estimated $1 billion-worth of residential and commercial development will rise within half-mile radius of future Foothill Gold Line stations to service the new...

Cerritos Science Building bags energy and sustainability award for retro-commissioning project

Cerritos College, a public community college in Norwalk, was recently awarded the California Community Colleges Board of Governors 2017 Energy and Sustainability Award for...
GOP tax plan

GOP tax plan will endanger California’s affordable housing, Democrats assert in letter to Congress

A day after Republican leaders unveiled their tax proposal on Oct. 30, California Democrats penned a letter to the United States House of Representatives...
delta emergency rock

State plans to build Delta Emergency Rock and Transfer Facilities at Stockton Port

The California Department of Water Resources is constructing Delta Emergency Rock and Transfer Facilities, a flood response base at the Port of Stockton, with...
border us wall

Border walls prototypes to undergo rigorous testing

The federal government announced Oct. 26 that eight prototypes which are part of President Donald Trump’s proposed border wall project located on San Diego’s...

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Projects and opportunities

marina gateway

OMP renovates Marina Gateway Industrial Center in San Leandro, lands Torani 15-year lease

San Francisco-based Torani, Inc. has signed a $65 million lease to move its corporate headquarters and manufacturing facilities to the Marina Gateway Industrial Center...
breakers hotel renovation

Pacific6 to open new hotel in Long Beach’s Breakers building

A newly formed development company is spending $40 to $60 million to renovate the historic Breakers Hotel along Ocean Blvd. in downtown Long Beach. The...
ellispartners sf

Ellis Partners and Intercontinental’s 18-story tower breaks ground in Oakland

Ellis Partners in a joint venture with Boston’s Intercontinental Real Estate Corporation has broken ground on an 18-story office building at 1100 Broadway in...