The six fire-, flood- and storm-prone cities where billionaires love to buy homes
Despite a relatively slow real estate market, a new report says billionaires are still buying homes in half-a-dozen markets. Two are in California….
Gov. Newsom signs bills to make it easier to provide shelter beds, build more ADUs
Gavin Newsom signs two bills that aim to make a dent in the housing and homelessness crisis in California. One bill eases regulations for junior ADUs; another allows more shelter beds….
Major gift accelerates transformation of old mall into UCLA research hub
The reincarnation of the former Westside Pavilion mall as a UCLA research center got a major boost from billionaire Gary Michelson and his wife, Alya….
United States sues RealPage, alleging the company allows landlords to coordinate in hiking rents
On Friday, the U.S. Department of Justice sued real estate software company RealPage. Authorities alleged the company’s software is anti-competitive and enables landlords across the country to hike rent higher than they otherwise could….
Final orange grove in the San Fernando Valley is likely to give way to luxury homes
A century-old orange grove in Tarzana appears on its way to becoming the site of luxury homes, a transformation that would mark the end of commercial citrus farming in the San Fernando Valley….
Billionaire accused of stealing sand from Malibu’s Broad Beach, lawsuit says
In Malibu, billionaire businessman Mark Attanasio is being sued by his next-door neighbor for allegedly removing sand from Broad Beach for a construction project….
Opinion: What’s more environmentally irresponsible than a thirsty L.A. lawn? A fake plastic one
Los Angeles should help lead California and the country in banning plastic ground covering. It’s expensive, unhealthy and terrible for the environment….
Los Angeles County agrees to buy downtown skyscraper
L.A. County has agreed to buy the Gas Company Tower, a prominent office skyscraper in downtown L.A., for $215 million in a foreclosure sale….
Opinion: Southern Californians shaped the nation’s biggest political problems. We can solve them too
Pocketbook issues of this year’s presidential election date back to the rush to own homes along the coast and the rise of Pacific shipping through San Pedro Bay….
Silicon Valley billionaires put plans for new California city on hold
Under an agreement with local officials, the Silicon Valley investors proposing a new city in rural Solano County will pull their measure off the November ballot for at least two years while they fund a full…