A full-floor Sierra Towers penthouse in West Hollywood is listed for $39.5M; Chicago owners Dan Fischel and Sylvia Neil finished the renovation but never lived there.

Hermeus is moving its headquarters from Atlanta to El Segundo as it scales prototype flights and expands West Coast operations.

Trader Joe’s has filed for a 12,585‑sq‑ft store at the old Fox Venice on Lincoln Blvd., listing hours and a request to sell a full line of alcohol.

Family-run AGA Essentials Group is renovating budget hotels across Los Angeles ahead of the 2028 Olympics while balancing rising local labor costs. The operator is targeting tourist hubs from Beverly Hills to Universal and NoHo.

Newport Beach firm Archer paid about $18M for three MemorialCare‑anchored clinics in Orange County; one site will free up roughly 5,000 sq ft for lease.

Los Angeles County is launching a second round of the Commercial Acquisition Fund — roughly $2.6M with $1M set aside for Supervisor Holly Mitchell’s Second District. Applications open May 5; outreach sessions will precede the launch.

Goldman Sachs provided an $80 million five-year, fixed-rate loan to refinance Del Rey Campus in Marina del Rey. The deal highlights lender interest in amenity-rich Westside offices.

Tishman Speyer has opened pre‑leasing at 501 Broadway, offering 89 apartments — including 18 deed‑restricted units — and a rooftop deck in downtown Santa Monica.

A seven-story, 223-unit eldercare complex is proposed at 14550 Delano St., offering low-income and shared-housing units for seniors plus an on-site adult day health center.

Councilmember Lauren Meister wants developers seeking major West Hollywood deals to disclose entity structure, ownership stakes and financing capacity before votes.

Rising rents are pushing more Angelenos 65+ into shared housing. Listings and Harvard data show a sharp shift away from living alone.

Chelsea Byers told a statewide panel tenant protections and new housing can coexist, even as West Hollywood’s rent‑stabilized unit count hasn’t been updated since 2017. Commissioners have asked staff to pull demolition and replacement data ahead of the April 9 meeting.

A 15.9-acre assemblage of seven Bel Air homes assembled by Kuwaiti billionaire Bassam Alghanim is being marketed for $105M ahead of a no‑reserve online auction in May.