James

104 Added | 10 Magazines | 7 Following | 5 Followers | @birdiet1me | Keep up with James on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “James”

Real Estate 101: What if our predictions are wrong?

I spend a good deal of my professional life forecasting the current value of commercial real estate. The concept is fairly simple; it is the mantra …

Spruce Goose hangar complex is sold to Japanese investors

Japanese investors have bought the landmark hangar in Playa<p>Vista, now leased by Google, where mogul Howard Hughes built his Spruce Goose aircraft in the 1940s.<p>Los Angeles developer Ratkovich Co. and its financial partner Penwood Real Estate Investment Management sold the four-building Hercules …

Real Estate

Home buyers' and sellers' interests must be protected when the same firm represents both, state Supreme Court rules

Hiroshi Horiike decided to buy the Malibu home the day he saw it.<p>The wealthy, Hong Kong businessman paid $12.25 million in cash for the Tuscan-style mansion with four bedrooms, 5½ bathrooms and an infinity pool that looked out over the ocean.<p>Two years later, Horiike learned the house he thought was …

Real Estate
Employment

The Best Stretches for Your Back After Sitting a Long Time

A professor of physical therapy offers advice for desk-bound workers and people on long car trips<p>Nearly 80% of people in the U.S. complain of back pain. Most cases are mild and unrelated to injuries such as herniated disks or arthritis, but they can still turn a desk job or road trip into an …

Yoga

How many of these 25 top landmarks have you visited? Machu Picchu is No. 1

TripAdvisor travelers love Peru's Machu Picchu and the Lincoln Memorial Reflecting Pool in Washington. The two sites were ranked, respectively, as the No. 1 landmarks in the world and in the U.S.<p>Machu Picchu draws just over a million visitors a year to the 15th century Inca ruins in a remote area …

Machu Picchu

Starwood Hotels bidding war escalates: China's Anbang offers $15 billion

The price for<p>Starwood Hotels & Resorts Worldwide Inc.continues to rocket higher, with the latest bid from China's Anbang Insurance Group Co. and its partners crossing the $15-billion mark.<p>Starwood, whose properties include Sheraton hotels, San Francisco’s Westin St. Francis and the St. Regis New …

Hospitality

Starwood Hotels jumps at Anbang's sweetened bid; Marriott could counteroffer

Starwood Hotels & Resorts Worldwide Inc.called off a $12.2-billion buyout agreement withMarriott International Inc.in favor of an offer from a group of investors led by Chinese insurance company Anbang Insurance Group Co.<p>The decision came after Anbang upped its offer for Starwood by nearly $370 …

Hospitality
Stock Markets

Beloved New York eatery Shake Shack is coming to Southern California, but will it survive?

Beloved New York eatery Shake Shack is planting its buns on the West Coast for the first time, opening Tuesday on a busy block in West Hollywood.<p>But in picking Southern California for its westward expansion, Shake Shack may be facing its biggest challenge yet: whether a Big Apple burger joint can …

Shake Shack

Chinese insurer acquiring Santa Monica resort, Hotel del Coronado in $6.5-billion portfolio deal

The Loews Santa Monica Beach and the historic Hotel del Coronado near San Diego are being acquired by a Chinese insurance company as part of a $6.5-billion deal.<p>Blackstone Group, a New York private equity firm, has agreed to sell its Strategic Hotels & Resorts Inc., which owns 16 luxury properties, …

Hospitality

Unconventional real estate developer Mike Harrah sets sights on the Orange County Register

Some real estate developers like to avoid calling attention to themselves.<p>Mike Harrah isn't one of them.<p>He stands 6 foot 6, weighs about 275 pounds and sports a signature ZZ Top beard.<p>He's flown his own Cobra attack helicopter in stunts for Hollywood movies and boasts on his website about "driving …

Real Estate

Measuring income along L.A.'s Metro stations

This year has seen the extension of two Metro lines to<p>affluent communities. The income level around Metro<p>stations can go from twice the amount of Los Angeles<p>County’s median income to well below in a matter of a few<p>stops. We decided to look at median household income<p>levels along all the lines to get …

Urban Design

How do people with groundbreaking ideas bring them into reality?

Adam Grant is not your typical business school professor. Just 34, he reached tenure while still in his 20s and finished his doctorate in less than three years. He writes op-eds with Facebook Chief Operating Officer Sheryl Sandberg and got a book blurb from the likes of<p>J.J. Abrams, the director of …

Leadership
Stock Markets

Why Small Businesses Are Getting LinkedIn Wrong

The social network can be a great place to promote a startup. Here’s how to do it right.<p>How can a small company make the most of LinkedIn?<p>The social network is an inescapable part of online life for working professionals. But much of the advice on how to leverage it is targeted at big names. Over …

Small Business
Real Estate

10 must-try, late-night taco trucks and stands

There’s nothing quite like ending a night on the town standing under the bright fluorescent lights of a food truck, carelessly consuming a warm, beautifully arranged plastic foam plate of tacos al pastor.<p>L.A. offers a vast array of options on the ever-expanding taco spectrum. There are artisanal …

Mexico

Shake Shack to open in downtown Los Angeles

The<p>In-N-Outvs. Shake Shack burger rivalry is heating up. (Those from SoCal know the true winner.) Shake Shack, the New York City-originated burger chain plans to open a location in downtown L.A, DTLA Rising reported.<p>The downtown location will replace the 801 Hill nightclub at the corner of Hill …

California

What will aging boomers and millennials mean for economic growth?

The demographics of aging boomers and coming-of-age millennials will accelerate changes in the economy. The hard part is figuring whether they'll be good or bad for growth.<p>The median age of the 75 million American baby boomers was 60 in 2015. The median age of millennials, who also number an …

Demographics

Psy-chology 101: Academics Put Spotlight on Korean Pop Culture

Boy bands, soap operas get attention; ‘potentialized mimetic power’<p>SEOUL—Academic minds around the world are tackling some tough new questions about South Korea:<p>—Why do Korean soap opera plotlines seem to defy the basic principles of microeconomic theory?<p>—What can we learn about the …

South Korea

The Wrong Way to Legalize Marijuana?

Ohio may be on the brink of creating America’s first marijuana ‘monopoly.’<p>On the surface, Ian James sounds like any other idealistic marijuana advocate: He’s critical of the war on drugs, he touts the economic and tax benefits of legalization and uses the familiar rebuttal against the “think of the …

Cannabis

Developer Michael Marini has big ideas for small lots

<b>The gig:</b> Michael Marini, 49, is chief executive of Planet Home Living, one of the leading developers of small-lot subdivisions — clusters of townhome-like single-family houses that are only inches apart from each other. The sleek, modern developments have proved extremely popular among Los Angeles …

Housing

Walgreens to buy rival Rite Aid for $9.4 billion, creating drugstore giant

Walgreens Boots Alliance Inc. on Tuesday agreed to buy Rite Aid Corp. for about $9.4 billion, combining two of the nation's largest drugstore chains as they bulk up to better compete in the rapidly changing healthcare industry.<p>Walgreens has about 8,200 stores throughout the United States, including …

Pharma

Vernon glazing products maker C.R. Laurence acquired for $1.3 billion

CRH, an international building materials group, has acquired Vernon-based glazing products manufacturer C.R. Laurence Co. Inc. for $1.3 billion.<p>C.R. Laurence is North America's leading supplier to the glass and glazing industry, making and distributing products such as glass installation tools and …

North America

4 Benefits of Showing Up Early to Work Every Day

<b>By John Boitnott</b><p>Everyone knows that guy. He's always at his desk before everyone else, making the rest of the team wonder if he slept at his desk.<p>How does he do it? Why does he do it?<p>Chances are, that early bird knows a few things you don't.<p>Here are four top benefits to rolling into work bright and …

Planet Fitness goes public, hits mark in first day of trading

"Judgment-free" budget gym chain Planet Fitness is the latest fitness company to go public.<p>Shares of the Newington, N.H.-based company closed at $16 on its first day of trading Thursday, matching the issue price.<p>Planet Fitness' gyms are known for cheap membership fees -- as low as $10 a month -- …

Fitness

Historic Wilshire Royale apartments to be renovated by new owner

The Wilshire Royale, one of the best-known historic apartment buildings in Los Angeles, has been acquired by Sherman Oaks real estate investors who plan to upgrade the property near MacArthur Park.<p>MWest Holdings paid $32.5 million for the 193-unit complex at the northeast corner of Wilshire and …

Skyscrapers

For sale: a sliver of sidewalk and other 'challenging' L.A. properties

A piece of prime real estate near Disney Concert Hall downtown went on sale this week — and the price is likely to be dirt cheap.<p>The catch: the current tenant, the Colburn School for performing arts, has an ironclad deal to remain there rent-free for eight decades.<p>That parcel is part of an unusual …

Real Estate