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Median Asking Rent for Los Angeles County at 5-Year Low

Median Asking Rent for Los Angeles County at 5-Year Low

by Phil Hall | Jul 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent for Los Angeles County fell to $2,603 in the second quarter, down $91 or 3.4%, from one year earlier. This marked the lowest level since the end of 2021, according to data from Realtor.com. The median asking rent is 9.6% below its 2022 peak,...
Los Angeles’ Historic Cinerama Dome to be Restored for 2028 Reopening

Los Angeles’ Historic Cinerama Dome to be Restored for 2028 Reopening

by Phil Hall | Jul 23, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

One of the most iconic entertainment venues in Los Angeles is getting a new lease on life after being closed since the pandemic. Variety reports Sony Pictures Entertainment announced plans to restore the Cinerama Dome, a historic theater celebrated for its geodesic...
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million

Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million

by Phil Hall | Jul 2, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Casa Encantada, the historic 8.5-acre Los Angeles estate at the center of a prolonged foreclosure struggle, was sold at auction for $130 million. The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the...
New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles

New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles

by Phil Hall | Jun 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment company Kennedy Wilson has teamed with the multifamily development firm Jamison in a partnership that plans to deliver 4,000 affordable housing units across Los Angeles through adaptive reuse and ground up construction. The partnership,...
Diane Keaton’s ‘Pinterest’ Home in LA Relisted After Another Price Cut

Diane Keaton’s ‘Pinterest’ Home in LA Relisted After Another Price Cut

by Phil Hall | Jun 22, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles home of the late Oscar-winning actress Diane Keaton is back on the market with a second steep price cut. MarketWatch reports the 9,206-square-foot property, which Keaton designed and featured in her 2017 book “The House That Pinterest Built,” was first...
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