It's reached the point on the calendar where real estate pundits start rolling out their predictions for the new year. The team over at Realtor.com recently got in on the action, and their forecasts of the 2018 housing market contain both good and bad for California residents. First, the good: Realtor.com predicts that in 2018, [...]
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So far Clara Yang has created 129 blog entries.
There has been no shortage of twists, turns and controversy with the years-long development of One Beverly Hills by China-based Dalian Wanda Group. Here's the latest: Wanda now wants to sell One Beverly Hills, in a package deal with four other of its massive worldwide developments, at a cost of $5 billion. One Beverly Hills [...]
Rendering of One Beverly Hills There's a new development in the well-publicized One Beverly Hills luxury condo and hotel development on Wilshire Boulevard being spearheaded by Shanghai-based Wanda Group. According to multiple reports, Wanda Group's partner in the $1.2 billion development—Phoenix-based Athens Group—has left the project. The reason for Athens Group's exit have [...]
Bistro Na's in Temple City One result of the growing number of home owners from mainland China in Los Angeles has been the increasing number of upscale Chinese restaurants opening in the metro area. The folks over at The Daily Meal recently highlighted the topic with an article titled “Chinese Mainlanders Drive Los [...]
6269 Porterdale Drive Malibu, Calif. Enjoy Southern California living at its finest with this masterfully remodeled residence in the idyllic Malibu Winding Way area. Listed for $6,888,000, it comes with six bedrooms, six full baths, one partial bath and 6,795 square-feet of living space. No expense was spared in this home's re-imagining. Reminiscent [...]
Riviera Country Club The Los Angeles Times reports a Santa Monica residence bordering the Riviera Country Club changed hands in a deal outside the Multiple Listing Service for a whopping $41,082,000, which is the highest price ever paid for a home in the city. The Times discovered the sale via public records, and [...]
Rendering of the new Morrison Hotel (Relevant Group photo) The century-old Morrison Hotel in downtown Los Angeles, perhaps best-known for gracing the album cover of The Doors iconic LP “Morrison Hotel” in 1970, will be undergoing a transformation. According to Downtown News, hotel developer Relevant Group will redevelop the 103-year-old building into a [...]
Los Angeles-based real estate professionals seeking professional growth will want to mark their calendars for Sept. 14, as that's the day of the first-ever California Real Estate Showcase and Forum in downtown Los Angeles. The event will include panel discussions on both residential and commercial real estate, featuring some of the most influential professionals in [...]
Rendering of Metropolis in DTLA, one of many new residential developments. The massive influx of new high-end condos going up in downtown Los Angeles has been perhaps THE biggest story in Los Angeles real estate. Billions are being spent on DTLA residential units. New high rises are seemingly popping up everywhere. But is [...]
More than 3,000 real estate investors from all over China and the U.S. will converge on Shanghai this fall for the third annual U.S. Real Estate Showcase & Forum, hosted by U.S.-based real estate web site The Real Deal. The showcase features three days of networking, panel discussions and workshops. This year's event will be [...]