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Real Estate News
L.A. City Council approved $466.6 million in affordable housing funding on Tuesday. It'll go toward developers, nonprofits and land trusts developing housing projects.
A large-scale housing development has been approved on the former site of a state hospital campus in Costa Mesa.
Broadcom paid its former landlord, PRP Real Assets, $325 million for the 660,000-square-foot research campus in one of the largest office sales in Southern California in recent years.
Taco Bell and Habit Burger & Grill will move their joint headquarters to a larger campus in Irvine after spending more than 15 years near the Irvine Spectrum Center.
Business News
Funko, the company behind the big-headed Pop! figurines, warned last year it might not survive, squeezed by tariffs, canceled retail orders and its own overproduction. A new CEO based in Los Feliz is trying to turn it around.
The beloved bookstores have been searching for a buyer for two years, ever since owner Joel Sheldon, whose family has helmed Vroman's for more than a century, announced his retirement in 2024.
Dallas Mavericks star Cooper Flagg's card is now the third-most expensive NBA card and fifth-highest sports card, surpassing Flagg's previous best by 20 times.
The dispute stands to heighten voters' economic worries and add to the GOP's political challenge in dead-heat races, analysts say.