Prank? Protest? Graffitied LA high-rise sparks housing crisis debate

A group of graffiti artists tagged Oceanside Plaza, an unfinished downtown LA luxury high-rise located near the site of the 2024 Grammy Awards. The artists haven’t spoken about their motives, but the art has brought attention to the shortage of afforda… Continue reading

LA developer hit with lawsuit for homeless housing Ponzi plot

California attorney general Rob Bonta claimed in a civil lawsuit filed in LA County Superior Court that Shangri-La Industries illegally put developments in the state’s Project Homekey homeless housing program under threat by borrowing against them. Continue reading

LA City Council approves $150M in ‘mansion tax’ allocations

Funds will go to short-term emergency rental assistance, eviction defense, tenant outreach and education, direct cash assistance for low-income seniors and individuals with disabilities, tenant protections and affordable housing development, according … Continue reading

One of California’s biggest ghost towns sells for $22.6M

Eagle Mountain, which operated an iron mine for over three decades and has largely been abandoned since the late ’80s, has been sold to a mysterious company for unknown future use. Continue reading

Mauricio Umansky’s winding road from shaky childhood to luxe CEO

After navigating health scares as a child and struggling a bit early in his career, it was The Agency CEO’s wife, Kyle Richards, who suggested he get a real estate license, which he says was the “best decision ever.” Continue reading