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CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds

CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds

by Phil Hall | Oct 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The former chief financial officer (CFO) for a Los Angeles-based affordable housing developer was arrested for using state grant funds to pay for his personal expenses. According to an affidavit filed with the complaint, the California Department of Housing and...
Equity Union Real Estate Begins Sales at Luxury LA Condo Complex

Equity Union Real Estate Begins Sales at Luxury LA Condo Complex

by Phil Hall | Aug 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Equity Union Real Estate is now offering 15 residences at 1361 Kelton Avenue, a new luxury condo complex in the Westwood section of Los Angeles. Developed by builder Orion Cityscape, the five-story complex has only three units per floor is being marketed as...
Hits and Misses for the Real Estate Week of Aug. 11-15

Hits and Misses for the Real Estate Week of Aug. 11-15

by Phil Hall | Aug 15, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

The Treasury Secretary makes and rescinds demands, Playboy moves its headquarters out of Los Angeles, and New York City’s worst hotel closes. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 11-15. Miss: Foot in Mouth...
Playboy Relocates HQ from Los Angeles to ‘Business-Friendly’ Miami Beach

Playboy Relocates HQ from Los Angeles to ‘Business-Friendly’ Miami Beach

by Phil Hall | Aug 14, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Playboy Inc. (NASDAQ: PLBY) is relocating its global corporate headquarters from Los Angeles to Miami Beach. Playboy was founded in Chicago by Hugh Hefner in 1953 and relocated to California in 1975. In a press statement, the company said the relocation after a...
ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network

ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network

by Phil Hall | Aug 6, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the most significant business stories in the sports media world includes a real estate component. Front Office Sports is reporting ESPN has entered into a nonbinding agreement with the NFL to acquire NFL Network, NFL Fantasy and the rights to distribute the...
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