The US Bank Tower in Los Angeles sold for $430 million, a deal hailed as a “great value” by industry experts. The sale highlights growing investor confidence in downtown LA’s commercial real estate market.
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Lakers star Luka Doncic has purchased a $25 million mansion in Los Angeles, signaling his commitment to the city. The luxury estate underscores Doncic’s rising influence both on and off the court.
Dodgers’ Shohei Ohtani and his agent face a lawsuit alleging they disrupted a $240 million Hawaii real estate deal, according to USA Today. The suit claims their actions led to significant financial damages.
Los Angeles explores new affordable housing locations to tackle rising demand. City officials and developers are targeting underutilized areas to boost supply and address the housing crisis, reports the Los Angeles Business Journal.