KB Home, the Weswood-based development firm, recently purchased 13.5 acres of commercial land in South El Monte for $24 million on which it plans plan to build as many 200 homes. Zoning for the land, which was originally commercial, was changed to residential by city officials due to significant housing shortages in the San Gabriel Valley.
It wouldn't be the NBA offseason without a few blockbuster trades, and this 3-team deal between the Mavericks, Clippers, and 76ers would certainly qualify.
The L.A. City Council is under enormous pressure to finalize a new policy on evictions before the existing emergency order expires at the end of the month.
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