Panoptic Proposes 154-Unit Warner Center Project

Panoptic Development has unveiled its proposed mixed-use project near Warner Center’s Orange Line, as reported by Urbanize.LA. The Woodland Hills residential-retail development, to occupy what is currently a parking lot at the northwest corner of Canoga Avenue and Vanowen Street at 6801 Canoga Ave., would be located directly across the street from the 47-acre former

Sun Valley Movie Studio Wins Court Approval

Production rental company Line 204 won approval from the 2nd District Court of Appeals to break ground on the largest movie studio complex to be built in Los Angeles in nearly three decades. The 240,000-square-foot facility will now break ground in September with a projected fall 2019 completion date. “We’re excited to bring the most

Providence Tarzana’s Expansion Gets City Approval

Providence Tarzana Medical Center’s $542 million expansion, dubbed the “Reimagined Project,” has been greenlit by the Los Angeles City Council, the hospital announced Tuesday. Final approval to begin construction was granted last week, according to Providence Tarzana. The hospital – which operates under the Renton, Wash.-based Providence Health and Services health care system – launched

Chinese Real Estate Investment Nosedives

Chinese investment in U.S. real estate last year declined by more than half, according to a Cushman & Wakefield report. The year 2017 saw a 55-percent plunge when compared to volume in 2015 and 2016 as Chinese investors spent only $7.3 billion on real estate throughout the United States, compared to 2016’s $16.2 billion. The

San Fernando Valley Residents Arrested in $17 Million Real Estate Scam

Five San Fernando Valley residents allegedly extorted more than $17 million from cash-strapped homeowners through a real estate scheme involving fraudulent deeds, according to federal authorities. Four of the defendants – Michael Henschel of Van Nuys, Camerino Islas of North Hollywood, Claudia Islas of Reseda and Juan Velasquez of Sylmar – were arrested on Friday