There has been no damage reported to business and industrial complexes in the communities near Porter Ranch, site of the Saddleridge Fire, which erupted shortly before 10 p.m. on Thursday near the 210 freeway.
Southern California Edison has cut power to homes and businesses in parts of northern Los Angeles County and Ventura County as a precaution to prevent wildfires.
Limoneira Co. has sold a non-core real estate asset called the Terraces at Pacific Crest in Santa Maria for $2.9 million.
Gov. Gavin Newsom has signed into two law housing bills, one of which may greatly encourage residential development along transit corridors in the San Fernando Valley.
A mixed-use retail and office property at 201 N. Brand Blvd. in Glendale sold this week for nearly $18.1 million.
Calabasas-based national brokerage firm Marcus & Millichap Inc. has announced that it acquired Form Real Estate Advisors Inc., a commercial real estate services firm in Vancouver, British Columbia, that specializes in retail transactions and advisory services.
Woodman Park Apartments, a 75-unit multifamily property located at 6205 Woodman Ave. in Van Nuys, has sold for the first time in more than 30 years for nearly $18.8 million.
Yaya Vanowen, a mixed-use project featuring rental housing over ground-floor commercial space, is moving ahead in Warner Center.
Three new tenants have signed leases for The Shops at Symmetry, a 21,273-square-foot retail center adjacent to the Symmetry luxury apartment complex in Northridge.
The 126,238-square-foot office and warehouse facility that houses Jafra Cosmetics’ headquarters in Westlake Village has sold for $28.2 million.
Fast-fashion house Forever 21 has announced a list of retail locations at risk to close amidst the company’s Chapter 11 bankruptcy reorganization, including several stores in the Valley.
An affiliate of George Smith Partners of Century City has proposed a large apartment complex with 57 units to replace an existing trio of small residential buildings in Toluca Lake.
City of Los Angeles Planning Commission has signed off on developer Shlomi Asiss’ move to construct a mixed-use building in Sun Valley.
California State University – Northridge has received approval from the California State University Board of Trustees for the construction of a 149-room Hilton Garden Inn hotel on campus.
A Valley con artist was sentenced Monday to 240 months in federal prison for masterminding a multi-million-dollar real estate scheme.