SoLa Impact has started site prep at 4301 S. Vermont for a five-story, 188-unit affordable project using Model/Z modular units and new financing.

Apartment List finds roughly 11% of 25–34-year-olds own homes in the L.A.–OC metro, the lowest in the U.S.; brokers and economists point to high prices and down‑payment gaps.

Holland Flower Market paid $34.1M for a 91,010‑sf Commerce warehouse and will move its headquarters into the space.

Atunus Furniture has leased roughly 17,000 square feet at 728 S Orange Ave in West Covina, joining Floor & Decor in a high‑visibility I‑10 retail hub.

Cypress Equity secured a $170M construction loan to finance two Wilshire Boulevard projects in Santa Monica that will add about 320 apartments and ground‑floor retail.

Jamison secured $60 million to convert a 13‑story office at 3424 Wilshire in Koreatown into about 260 apartments. The financing is the latest sign of a Wilshire conversion wave.

WareSpace paid $15.8M for a freeway‑adjacent Santa Fe Springs warehouse and will convert the 1960s building into 250–2,000 sq ft units for small businesses.

KB Home is converting the old Starlite Drive‑In into roughly 200 homes and has restored the marquee to serve as the development’s entrance. Model homes are open as construction continues.

Onni filed plans to replace part of Wilshire Courtyard with twin 67‑story towers that would deliver 2,586 apartments, grocery space and new podium parking in the Miracle Mile.

Mercedes‑Benz will close its Long Beach R&D campus this year, starting phased moves July 6 that will affect at least 72 jobs. The company is consolidating work in Atlanta.

Colossal Properties has listed a newly built Brentwood spec at 1210 Chickory Lane for about $34M, promising Getty and ocean views plus a 60‑ft infinity pool. The 13,210‑sq‑ft house is pitched to buyers after turnkey, entertainment‑scale amenities.

Kilroy says NeueHouse stopped paying rent in September 2024 and now seeks more than $5M tied to the Columbia Square lease, with June hearings pending.

Hilton Los Angeles Airport wrapped a $50M renovation of its 1,234 rooms, converting many to two‑queen layouts and upgrading bathrooms and in‑room tech ahead of the World Cup.