With Metro’s K-line expansion accelerating real estate speculation along the Crenshaw corridor, business merchants in Leimert Park are using group economics as a frontline defense… Read More »Purchasing Power: Leimert Park Merchants Come Together To Buy Their Building
When Prosperity Market held a month-long scavenger hunt to celebrate Black Business Month, the Los Angeles-based organization was providing far more than just a little ‘fun-in-the-sun’. For founders Carmen… Read More »Sowing Prosperity: Local Pop-Up Market Continues To Give Other Black-Owned Businesses A Place To Grow
Taylor Made Homes, a Santa Monica developer, submitted plans for the six-story building at 4827 South Crenshaw Boulevard. The new development would replace the former… Read More »Plans Submitted To Replace Former Pre-School With 32 Apartment Units At Crenshaw and 48th Street
From Instagram and Tik Tok to mainstream media outlets, the financial literacy movement has become a real thing over the last several years. With people… Read More »Black Real Estate Dialogue: How One Podcast Is Helping To Change The Way We Think About Investing
As real estate investors continue to ‘discover’ untapped potential in South Los Angeles, skyrocketing home prices and unsustainable rent growth have fueled legitimate concerns over… Read More »For Avanath CEO Daryl Carter, A $220M Investment In Baldwin Village Is Really All About Community
After 5 years as the Director of Economic Policy for Los Angeles Mayor Eric Garcetti, Ron Frierson recently announced that he will take over a… Read More »On The Move: Senior Official Leaves Mayor’s Economic Team To Pursue New Opportunity With Amazon
According to recent reporting, Los Angeles-based developer Haroni Investments is set to start construction on a new $20M mixed-use building in the Crenshaw district. Located at… Read More »Crenshaw Blvd Site Prepped To Begin Construction On $20M Mixed-Use Building
United Way of Greater Los Angeles launched a new program, the Affordable Housing Initiative (AHI), with the announcement of $62 million in funding to create… Read More »United Way of Greater Los Angeles Launches $62M Affordable Housing Initiative
Alongside Congresswoman Maxine Waters, Los Angeles Mayor Eric Garcetti, and officials from Linc Housing joined with new residents to celebrate the grand opening of a new… Read More »Linc Housing Holds Grand Opening Celebration For Another 64 Supportive Units in Watts
In 2019, a Black real estate developer named Brian Rice tried to get a loan to renovate some buildings he purchased on a neighborhood commercial… Read More »The Devaluation of Assets in Black Neighborhoods: The case of commercial property