Mortgage Sticker Shock As 30-Year Rate Jumps To 6.55%, Hitting New Year High
Freddie Mac’s weekly survey shows the 30‑year fixed mortgage averaged 6.55% this week — the highest reading in nearly a year — as bond yields and oil prices push borrowing costs up.
Culver City Stunner: Black Equities Drops $106 Million On Transit-Side Rentals
Black Equities paid about $106M for Access Culver City, a 115‑unit mixed‑use property, a deal that appears to set a new Culver City record and highlights investor focus on transit‑adjacent Westside assets.
Loan Drama Crashes Over Slatkin Brothers’ Santa Monica Beachfront Hotels
A $280M senior loan on Shutters on the Beach and Hotel Casa del Mar was moved to special servicing after an extension dispute, raising questions about the hotels' refinancing path.
Studio City Rental Shakeup as HVN Plans 78 All-Affordable Units Near the River
HVN Development filed permits for a five‑story, 78‑unit fully affordable building at 12025 W. Hoffman St. in Studio City. The project joins a wave of ED1‑backed affordable proposals across the Valley.
Bel Air Glass Palace That Hosted Louis Vuitton Seeks $88 Million Buyer
A SAOTA-designed Bel Air megamansion that once hosted a Louis Vuitton exhibit is on the market for $88M. The finished, gallery-ready estate comes with pool, cinema and a rooftop deck.












