SoCal industrial portfolio fetches record-setting $235M price

A Southern California industrial portfolio just fetched a record sale price.  Irvine-based Praelium Commercial Real Estate acquired a 17-building office, industrial and research and development portfolio in Goleta for $235 million, Commercial Property Executive reported, citing data from Yardi Matri

Inside a Historic N.Y.C. Townhouse Where Painter Mark Rothko Once Lived

The circa 1853 building, which has also welcomed other creative luminaries, was recently converted into a boutique two-unit condominium with a triplex penthouse now up for sale at $6.2 million.

FBI charges 11 with defrauding elderly, falsely obtaining real estate loans in $17M scheme

Federal prosecutors are bringing down the hammer on nearly a dozen people accused of defrauding elderly victims.  The U.S. Attorney’s Office unsealed a 15-count indictment this week for 11 people, mostly Southern California residents, accused of orchestrating a complex operation that used stolen ide

Late developer “built more homes on The Strand than anyone else”

Reports of the murder of Demetrius Doukoullos remain shrouded in mystery with little light shed so far on the motive of the alleged killer. The 92-year-old was an esteemed luxury residential developer, predominantly focused on the Hermosa Beach and Manhattan Beach communities.  Following calls from