Beverly Hills Economic News

Concerns Grow Over Rite Aid’s Future in Beverly Hills

News Summary Residents of Beverly Hills are increasingly worried about the future of the iconic Rite Aid store on North…

4 weeks ago

Los Angeles Wildfires Cause $30 Billion Real Estate Loss

News Summary The recent wildfires in Los Angeles have resulted in over $30 billion in real estate losses, displacing nearly…

1 month ago

Kennedy-Wilson Holdings Inc. Reports Significant Q1 Loss

News Summary Kennedy-Wilson Holdings Inc. faced a Q1 loss of $29.9 million translating to 30 cents per share. However, adjusted…

1 month ago

Beverly Hills Welcomes Milken Institute’s Global Conference

News Summary The Milken Institute's 28th annual Global Conference commenced in Beverly Hills, gathering around 5,000 attendees globally. With influential…

1 month ago

Beverly Hills Hotelier Files Lawsuit Against Qatari Royals

News Summary Beverly Hills hotelier Patrick McKillen has initiated a civil racketeering lawsuit against members of Qatar's royal family, claiming…

2 months ago

Ponca City Secures $5.9 Million Real Estate Investment Loan

News Summary Ponca City, Oklahoma, is experiencing a surge in real estate investment as Flexi-View Lending announces a significant $5.9…

2 months ago

Beverly Hills Welcomes New Coworking Space

News Summary Industrious is set to open a new coworking location in Beverly Hills, occupying 16,000 square feet at 150…

2 months ago

Closure of Iconic L.A. Restaurants Signals Troubling Trend

News Summary Los Angeles is witnessing a wave of closures of beloved restaurants like Guido's, Papa Cristo’s, and others due…

2 months ago

ChaTraMue Opens Thai Tea Shop in Westminster

News Summary ChaTraMue, the renowned Thai tea shop from Thailand, is set to open its new location in Westminster, Orange…

2 months ago

Brentwood Welcomes Matu Kai, a New Wagyu Restaurant

News Summary Matu Kai, a new restaurant focused on 100% grass-fed wagyu beef, opens in Brentwood on April 6, 2025.…

2 months ago