Can security deposit be used to pay final month’s rent?

Q&A Can security deposit be used to pay final month’s rent? By ANKY VAN DEURSEN Real Estate Business Landlords are not obligated to use security deposit funds for the final month’s rent Question: I recently bought my first home, so I will be giving a termination notice to my landlord soon. My security deposit is […]


A train car at Bagley Avenue in Palms via Steve Hymon/Metro It wasn’t a ghost train you saw cruising through the Westside this week. It was a genuine Expo Line car running along a pathway that hasn’t seen commuter traffic since 1953. The folks at the Exposition Metro Line Construction Authority are in testing mode. A […]

Manny Pacquiao under contract to buy $12.5-million home in the 90210

Add a slice of prime Beverly Hills real estate to Manny Pacquiao’s scorecard. The welterweight champion, currently training in Los Angeles for his upcoming bout against Floyd Mayweather Jr., is under contract to buy a home in the 90210 Zip Code for about $12.5 million, The Times has confirmed.   Set behind a gated drive, […]

A $35-million tear-down: L.A.’s unreal estate has plenty of buyers

It’s not uncommon on the Westside of Los Angeles for people to shell out $20 million or more for a house. And then take a wrecking ball to it. Jeff Hyland, of the high-end Beverly Hills real estate agency Hilton & Hyland, had a recent tear-down sale of $35 million in the Trousdale section. “It […]

Credit-reporting firms to overhaul process for fixing errors

Consumers have complained for years that fixing errors on their credit reports was a bureaucratic nightmare. Now, the three major credit reporting companies will make it easier to correct mistakes. Equifax Inc., Experian Information Solutions Inc. and TransUnion, which together produce credit reports on about 200 million Americans, said they would overhaul their procedures for […]

Blackstone Buys America’s Most Iconic Skyscraper With Rent Collected As “America’s Landlord”

As we’ve noted previously, the post-crisis, Fed-subsidized rush to acquire distressed real estate resulted in none other than Blackstone becoming the US’S largest landlord. The giant PE firm — which borrowed $3.6 billion in seed money from Deutsche Bank to get its real estate empire up and running — accumulated a portfolio of some 50,000 single […]

New Efficiency Standards for Residential Water Heaters Are on The Horizon

What the 2015 standards mean for Manufacturers, Contractors and Consumers In less than two years, new water heater energy efficiency standards will be in effect, starting in April 2015. U.S. Department of Energy (DOE) Secretary Steven Chu announced in April of 2010 that the Department had finalized higher energy efficiency standards for a key group of […]

Bob & Dolores Hope Estate Toluca Lake

After over 70 years, the breathtaking 5+ acre estate treasured by Bob and Dolores Hope hits the market. This gracious estate was designed in 1939 by celebrity architect Robert Finkelhor who also built houses for Barbara Stanwyck, and Zeppo and Harpo Marx. The estate was redone in the ‘50s by the master of Hollywood Regency […]

Condo Insurance: What’s Best for Your Nest?

  Single-family homes may be the dream for many, but not everyone wants the responsibility of homeownership. That’s why some choose the condo route. Buying a condominium remains a great way to build equity and utilize tax incentives without having to do yard work every weekend. Whether you are simply thinking about purchasing a condo […]

John Aaroe Group Sells Most Expensive House Ever In Beverly Hills To Swedish Billionaire And Game Developer For $70 Million

A Beverly Hills mansion that has been widely publicized with much celebrity and international buyer interest, triggering a bidding war, has been sold to Swedish billionaire Markus Persson for $70 million by Sally Forster Jones and Katia De Los Reyes of John Aaroe Group, a leading luxury residential brokerage. This is the highest price ever […]