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West Angeles Church Sells 1.3 Acres Along Crenshaw Blvd To CIM Group

CIM Group announced that the company has acquired the former home for the West Angeles Church of God in Christ, with plans to build a 168-unit mixed use development in the heart of the Crenshaw corridor. Located at 3045 Crenshaw…

Purchasing Power: Leimert Park Merchants Come Together To Buy Their Building

ByTina Sampay and Matthew GatesNov 8, 20228 min read

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 against displacement. In September, four retail tenants – Akil West (Sole Folks), Anthony Jolly (Hot…

Sowing Prosperity: Local Pop-Up Market Continues To Give Other Black-Owned Businesses A Place To Grow

ByAshley YanceyOct 9, 20225 min read

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 Dianne and Kara Still the goal was, as it always is, to raise awareness around Black-owned…

Black Real Estate Dialogue: How One Podcast Is Helping To Change The Way We Think About Investing

ByJason LewisSep 27, 20225 min read

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 forced into stillness by the pandemic, many took advantage of that downtime to educate themselves…

For Avanath CEO Daryl Carter, A $220M Investment In Baldwin Village Is Really All About Community

ByMatthew GatesSep 14, 20226 min read

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 displacement among long-time residents in the historically Black and Latino community. Against that backdrop, the…

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