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Robb Report

partner publisher · 83.1K followers
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Inside Richard Saghian’s $300 Million-Plus Property Portfolio

Richard Saghian knows how to move merchandise. Since founding Fashion Nova in 2006, he’s turned a single Los Angeles retail business into a fast-fashion empire. His latest obsession, however, has nothing to do with what’s trending on Instagram. The son of an Iranian immigrant who owned a women’s clothing store in Los Angeles’s Fashion District, Saghian grew up around the apparel industry before opening his first Fashion Nova outpost in a San Fernando Valley mall. The real turning point came in 2013, when he took the brand online. Fashion Nova already had a sizable Instagram following, thanks to customers and influencers tagging its clothes in their posts, and Saghian turned that online buzz into a marketing machine, churning out hundreds of new styles each week and enlisting celebrities including Cardi B, Kylie Jenner , and Khloé Kardashian to help spread the word. The strategy worked. Fashion Nova grew into a multibillion-dollar business, making Saghian, whose fortune Forbes estimates at $2.1 billion, one of retail’s biggest success stories. Away from the fast-fashion frenzy, the billionaire has developed an appetite for trophy real estate, spending more than $300 million on homes in some of the country’s most coveted markets. His portfolio runs

Los Angeles, CA · 11h

The Cool Down

partner publisher · 249.3K followers
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Two-bedroom apartments listed at $1,062 a month in Los Angeles come with income limits

Floor plans will range from about 400 to 550 square feet.

Los Angeles, CA · 2d

picketfencemedia.com

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San Clemente HOA Faces Recall Election Amid $26,000 Emergency Assessment Dispute

Homeowners at the Vilamoura at Rancho San Clemente condominium complex are preparing for a Dec. 1 recall election as a dispute over a $26,238 emergency special assessment for roof replacements and fire suppression repairs continues to raise concerns about financial transparency, property maintenance and residents’ ability to afford their homes.

San Clemente, CA · 1d
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Vox

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Los Angeles is about to test a new kind of housing politics

It’s notoriously hard to govern Los Angeles, a city that gives its mayor less direct authority over the government than in a city like New York or Chicago. But even so, it’d be hard to do much worse than Karen Bass. Elected mayor of LA in 2022, Bass...

Los Angeles, CA · 7h
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myfamilytravels.com

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California Shopping Center Sold for $530 Million After Being Built on Former Farmland

What was once agricultural land in Southern California is now home to an enormous outdoor shopping center that sold for $530 million in March 2026. The property stretches across 147 acres, with more than a million square feet of retail space arranged along streets designed to resemble a traditional downtown.

Rancho Cucamonga, CA · 2d

multihousingnews.com

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Orange County Multifamily Report – October 2026

This market is showing coastal chops. Orange County’s multifamily fundamentals remained comparatively firm in August despite softer occupancy. Advertised asking rents rose 0.3 percent, on a trailing three-month basis to $2,897, ahead of the 0.2 percent U.S. gain to $1,773, while annual growth held at 1.4 percent, 100 basis points above the national rate. The occupancy rate in stabilized properties was tied with San Francisco for the third tightest in the U.S. at 96.4 percent in July, despite dropping 30 basis points year-over-year.

Orange County, CA · 1d

liveinsurancenews.com

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California Landlords Are Losing 6 Figures to Squatters — and Their Insurance Won’t Pay for It

Rob Casares bought a four-unit complex in South Los Angeles about 15 years ago. It was an investment and a way to provide housing in his community. Over the past three years, squatters broke into three of his units at different times. By the time the last one was removed — a process that took nearly a year — Casares told Spectrum News that the combined damage and lost rent had cost him six figures.

California · 1d

liveinsurancenews.com

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California: The $7,000 Property Tax Break 1 in 3 Homeowners Never Claimed

Every California homeowner who lives in the home they own is entitled to a property tax break called the Homeowners’ Exemption. It reduces the taxable assessed value of your home by $7,000 — saving you roughly $70 a year on your tax bill. That may not sound like...

California · 3d

DMR News

partner publisher · 4.2K followers

Brad Bankenbush Closes Four Recent Luxury Home Sales Across Newport Beach, Corona del Mar and Newport Coast

Brad Bankenbush has closed four recent luxury home sales across Newport Beach, Corona del Mar and Newport Coast, led by the $17,999,000 sale of 53 Montecito. The transactions add to more than $250 million in career real estate sales for a business rooted in coastal Orange County, with a network extending to Los Angeles and […]

Newport Beach, CA · 1d

wolfmediausa.com

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News Release: JLL completes sale and financing of Atria Newport Beach

The luxury seniors housing property features 168 units of independent, assisted and memory care living in Newport Beach, California. JLL Capital Markets completes the sale and financing of Atria Newport Beach, a 168-unit trophy seniors housing community in Newport Beach, California. An institutional investor purchased the community in partnership with...

Newport Beach, CA · 2d

newsantaana.com

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Santa Ana’s political split: progressive allies win locally but Jessie Lopez loses Assembly race

Democrat David Penaloza appears headed to Sacramento after defeating fellow Democrat Jessie Lopez in the race for California’s 68th Assembly District, according to the unofficial final results. Penaloza received 37,120 votes, or 51.94%, while Lopez earned 34,349 votes, or 48.06%, in a closely watched contest that became one of Orange County’s most interesting political battles.

Santa Ana, CA · 1d

Voice of OC

publisher · 11.4K followers

La Habra Mobile Home Owners Fight for Rent Control

This is a community opinion piece. The views are the author’s, not Voice of OC’s. We’re interested in hearing different perspectives and voices. Want to weigh in on this or another issue? Email opinions@voiceofoc.org. The following is a press release from an organization unaffiliated with Voice of...

La Habra, CA · 4d

hoodline.com

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L.A. Landlords Convert Tenant Parking Into ADUs, Renters Fight Back in Court

Tracey Ellis has lived in her rent-stabilized apartment near the Sunset Strip since 2001, and her lease has always included a parking space. Now, at 70 years old and relying on a cane or walker because of mobility problems, she fears that could disappear — along with her ability to stay in her home.

Los Angeles, CA · 2d

Yahoo!

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LA Tenants Say They're Losing Parking to New ADUs—Now There's a Lawsuit

Accessory dwelling units (ADUs) have recently been celebrated as the perfect solution to the housing crisis. Homeowners across the country have been considering these types of "small houses" for their properties, allowing them to get more space for anything from in-law suites to she-sheds. The support behind ADUs is so...

Los Angeles, CA · 1d

hoodline.com

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16-Story Tower Pitched for Sunset Strip, Would Bring 115 Homes to West Hollywood

A developer has filed plans for a 16-story residential tower at 8240 Sunset Boulevard that would bring 115 homes to a stretch of the Sunset Strip currently occupied by commercial buildings. The project is slated to include 18 affordable housing units alongside roughly 158,000 square feet of new construction, replacing the existing retail and commercial uses on the site.

West Hollywood, CA · 2d

hoodline.com

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University Park Developer Revives Dormant Site With 120-Unit Oak Village Plan

902 W. Washington Blvd. — Approximate Site of Proposed Oak Village. A commercial corner in University Park that has sat without serious housing plans for more than a decade could soon be home to dozens of new condominiums and townhomes. Anastasi Development Company has proposed a project called Oak Village at 902 W. Washington Boulevard, calling for roughly 120 residential units split between a multifamily building and a cluster of townhomes.

Los Angeles, CA · 2d

Yahoo!

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America’s Top Architects: Backen & Backen Embraces The Outdoors In A Serene Los Angeles Home

Recent Accolades: Forbes 2026 lists of "America's Top 200 Residential Architects," "America's Best-in-State Residential Architects," and "America's Top Hospitality Architects and Designers" House Name: Holmby Hills Residence. Location: Los Angeles, California. Area and Layout: 16,000 square feet; 5 bedrooms, 10 bathrooms. Architectural Photographer: John Merkl. Scott Fitzgerald famously said there...

Los Angeles, CA · 6d

Yahoo!

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New Culver City development will add hundreds of apartments, two parks and restaurants

Construction has begun on a $200-million apartment complex in Culver City at a time when housing development in much of Los Angeles County has slowed in spite of strong demand. The earth is being graded at the busy intersection of Jefferson and Sepulveda boulevards to make way for the development...

Culver City, CA · 1d

The Cool Down

partner publisher · 249.3K followers

California home insurance premiums jumped 84%, shrinking what buyers can afford

Even the FAIR Plan has not been immune from rising prices.

California · 3d

LOCAL NEWS PASADENA

partner publisher · 567 followers

LA County tax decline-in-value review deadline November 30

Los Angeles County Assessor Jeff Prang has led the nation's largest local public property assessment...

Los Angeles County, CA · 2d