Blog
Owner of Universal City Hilton Plans Second Tower
Dec 20, 2017 The owner of the Hilton Los Angeles/Universal City hotel was expected to file paperwork Wednesday with Los Angeles city officials to build a new tower at the complex. Hillcrest Real Estate LLC seeks to construct a 15-story, 365-room addition...
Downtown Burbank Opens Seasonal Ice Rink
Dec 14, 2017 Outdoor ice skating has returned to Burbank for the 2017 holidays. The Rink in Downtown Burbank opened Thursday for ice skating, curling, special performances and fundraising events through Jan 7. The Rink is located next to Burbank City Hal...
Westfield Corp. Acquired for $16 Billion
Dec 12, 2017 Westfield Corp., owner of the Westfield Topanga & the Village in Woodland Hills, was acquired by French commercial real estate firm Unibail-Rodamco for $16 billion, the companies announced Tuesday. The cash-and-stock deal values each share o...
The New Tax Bill How will it affect Real Estate.
Dec 12, 2017 • Capital gains exclusion. In a huge win for current and prospective homeowners, current law is left in place on the real estate capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Bot...
At least Property Tax Deductions were not eliminated…..capped but not eliminated.
Dec 2, 2017 People living in high-tax cities and states like New York and California will take a hit, though Sen. Susan Collins, R-Maine, lessened that blow in the final hours of negotiations by retaining some deductions for property taxes. The original...
Airport Commission Clears Van Nuys Construction Project in San Fernando Valley
Nov 22, 2017 The Los Angeles Board of Airport Commissioners has accepted a report finding that construction of a new fixed-based operation at Van Nuys Airport in the San Fernando Valley will not harm the environment. The commission’s unanimous vote on ...
L.A. County Unemployment Falls in October
Nov 20, 2017 L.A. County’s robust labor market continued to gather steam in October as the unemployment rate fell to 4.7 percent from 4.9 percent in September and the county added 35,000 payroll jobs, the state reported Friday. The unemployment rate fe...