Tejon Ranch Criticizes Latest Centennial Lawsuit

Tejon Ranch Co. issued a statement Tuesday criticizing a lawsuit filed by an environmental organization to prevent the company from building its massive Centennial project.

KB Home Opens Sapphire Dunes Development in Lancaster

KB Home has opened a new collection of single-family homes for sale at Sapphire Dunes in Lancaster.

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Preview: For Valley Landlords, Seismic Deadline Looms

REAL ESTATE: Owners of 'soft story' buildings balk at costs.

Dressbarn to Close All Stores

Dressbarn, the value clothing retail chain specializing in women’s career wear, is shuttering all of its 650 stores, including its Santa Clarita Valley location.

Encino Apartment Building Sells for $7.4 Million

A 27-unit multifamily property at 5354 Yarmouth Ave. in Encino has sold for $7.4 million, or $342 per square foot.

Talaria Project Opens in Burbank After Nearly Two Decades in Development

Talaria – a for-rent housing, office and retail project in Burbank – has officially opened after nearly two decades in the making by developer Cusumano Real Estate Group.

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Logistics Firm Renews Two Leases in Van Nuys

Moulton Logistics Management Inc. has renewed leases for 255,404 square feet of industrial space at two adjacent properties in Van Nuys, according brokerage firm CBRE Group.

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Four-story Senior Housing Proposed for Sherman Oaks

Los Angeles-based Mercy Housing has submitted a proposal to redevelop the site of a 1940s triplex at 14534 Burbank Blvd. into a 55-unit apartment building earmarked as affordable housing for low-income seniors, according to an Urbanize.LA report.

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Sportsmen’s Lodge to be Redeveloped

Plans to raze Studio City’s iconic Sportsmen’s Lodge event center and build an upscale outdoor shopping mall on the property are officially underway after years of strained negotiations and ownership changes.

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Sacramento Nixes Bill to Allow More Housing in Single-Family Areas

A high-profile bill that would have allowed increased home building near mass transit stations and in single-family neighborhoods across California was defeated on Thursday.

New Owners at AMS Fulfillment

The owners of AMS Fulfillment have sold a majority stake in the ecommerce warehousing and fulfillment business to private equity firm Fort Point Capital.

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Preview: A Mall Overhaul

Public hearing on Westfield’s Promenade 2035 project.

Tamara Hughes Gustavson to Chair American Homes 4 Rent Board

American Homes 4 Rent has named Tamara Hughes Gustavson as chairwoman of its board of trustees, the company announced Thursday.

Orly International Sells Industrial Land in Van Nuys

A mini-storage operator has purchased 1.27 acres of industrial land in Van Nuys from cosmetics manufacturer Orly International Inc. for an undisclosed amount.

Nonprofit Developer Proposes NoHo Apartments

North Hills-based nonprofit developer Abbey Road Inc. has proposed to build a four-story, 103-unit affordable housing complex in North Hollywood.

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