Does not compute: LA County bans data center development in unincorporated areas

Los Angeles County is putting the brakes on the development of artificial intelligence data centers.  Amy Bodek, director of the Los Angeles County Department of Regional Planning, ordered an immediate halt to new facilities in unincorporated areas while the county works to make the prohibition perm

Eagle Four gets nod from Newport Beach planners for golf course housing plan

A housing proposal at the Newport Beach Country Club is moving toward the City Council with the blessing of the city’s Planning Commission.  The Newport Beach Planning Commission unanimously recommended approval of a plan that would clear the way for up to 78 units on the golf course grounds at the

$28M is half measure for Malibu home once owned by Academy Award-winning composer 

A Malibu home reportedly next to Barbra Streisand sold for $28.1 million in what works out to be one of the city’s priciest recorded deals this year, The Real Deal has learned.  The home at 6825 Zumirez Drive, which is just a few minutes by foot to Streisand’s compound, equates to $4,869 per square

Decron picks up Mid-Wilshire apartments for $114M amid tight supply

Decron Properties is expanding its multifamily holdings near its Mid-Wilshire headquarters.  The firm acquired the 163-unit building at 5550 Wilshire Boulevard for $114 million, the Los Angeles Business Journal reported. That’s $699,000 per unit. Private equity real estate investor GID sold the 312,