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A collection of news and information related to Property published by this site and its partners.
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Home sale inventory drops
Fewer homes were on the market last month compared to a year ago, according to the latest real estate statistics. It’s a trend that’s been growing the past several months due to low interest rates and declining home prices. There were 140...Tags: Condos, Realty, Inventories, Real Estate, Real Estate Buyers
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School buys Rancho facility
After months of intense neighborhood opposition, the developer of a proposed project for 50 single-family homes now plans to sell the roughly five-acre site in Burbank's Rancho area to a private school for an undisclosed price.
The property, a former...Tags: Vehicles, General Motors Corp., Services and Shopping
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Walmart to move into Great Indoors site
Months after purchasing the former Great Indoors site in Burbank, Walmart representatives say they plan to open a store there, calling the 120,000-square-foot building a prime location.
Walmart had declined to confirm plans to move into the space until...Tags: Target Brands, Inc., Media Industry, Facebook, Social Media, Companies and Corporations
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Magnolia Park business district to shut down
Members of the business district for Magnolia Park have voted to disband, ending a property tax assessment that brought hundreds of thousands of dollars a year for promotions and popular public events.
The Magnolia Park Partnership, which organizes...Tags: Economy, Business and Finance, Business
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Walmart may take aim at Target
Walmart, the largest retailer in the world, has set its sights on Burbank.
Walmart Real Estate Business Trust last month acquired a 12-acre property that houses the Great Indoors store at the Empire Center, which is already home to a Target store and...Tags: Target Brands, Inc., Best Buy Company Inc., Real Estate, Companies and Corporations, Economy, Business and Finance
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Disney, Time-Warner pony up against Prop. 24
The Walt Disney Co. and the parent of Warner Bros. have each given more than $1 million toward the effort to defeat an initiative on the Nov. 2 ballot that would restore an estimated $1.3 billion in business taxes to the state rolls, records show....Tags: Referenda, Elections, Voting, Politics, Television Industry
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Police: Man went on robbery spree
A 23-year-old Sun Valley man pleaded not guilty Tuesday to committing five street robberies at knifepoint within 30 minutes. Andy Alvarado was arrested Sunday night after allegedly demanding cash, car keys and even a bicycle from people along the North...Tags: Assault, Crime, Law and Justice, Theft, Real Estate, Los Angeles
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Homeless veterans need housing help
I share L.A. County Supervisor Mike Antonovich's joy at the placement of 1,200 homeless dogs over the past several years ("Political Landscape: Antonovich stands up for furry friends," Nov. 11). I hope he can do the same for homeless people, especially...Tags: Defense, Adam Schiff, Unrest, Conflicts and War, Veterans Affairs, Glendale (Los Angeles, California)
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Airport to raise parking fees
Parking rates will rise by $1 at Bob Hope Airport next year as officials beef up for what is expected to be a long and costly legal battle with Lockheed Martin over who should pay for cleaning polluted groundwater beneath the airfield. In pitching the...Tags: Politics, Washington, DC, Environmental Politics, Los Angeles International Airport, Lockheed Martin Corp.
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City buys apartment building
The city has agreed to acquire and rehabilitate a seven-unit apartment building on Catalina Street, and temporarily removing tenants while it does the work. The City Council, acting as the Redevelopment Agency, approved the deal Tuesday after a general...Tags: Real Estate, Rental Service, Energy Saving, Burbank (Los Angeles, California), Personal Income
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Airport cleanup duty still unsettled
Old chemical disposal pits on land owned by Bob Hope Airport are the source of new tensions in a three-way tango over who will pay to clean up contaminated groundwater. Airport officials argue that Lockheed Martin, once a manufacturer on the land parcel,...Tags: National Government, Politics, World War II (1939-1945), Real Estate, Government
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Contentious proposal on table
CITY HALL — The City Council on Tuesday is slated to consider a $67,000 offer from Westwind Properties to buy public property and create a "campus-like" atmosphere for prospective businesses. The controversial request, which has drawn the ire of...Tags: Marketing, Economy, Business and Finance, California, Jack Lynch, Business
Mar 20, 2012
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Mar 9, 2012
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Sep 16, 2011
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Sep 27, 2011
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Jul 5, 2011
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Oct 16, 2010
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Nov 17, 2010
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Nov 17, 2010
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Dec 8, 2010
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Dec 15, 2010
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Dec 18, 2010
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Jun 26, 2010
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