CBRE Arranges Sale of Lumia: A $53 Million Landmark Deal in Azusa
CBRE has announced that it has arranged the sale of Lumia, a newly constructed, mixed-use multifamily community – located at 850 North Azusa Avenue in Azusa – to Lumia Azusa LLC for $53 million. CBRE’s Chris Tresp, Derrek Ostrzyzek, Rachel Parsons, Mike Murphy and Kenji Thomas represented the seller, Serrano Development, in the transaction. Completed in 2024, Lumia features 127 luxury apartment homes and 9,132 square feet of street-level retail in the heart of Downtown Azusa, one of the most desirable communities in the San Gabriel Valley. Residents also benefit from direct access to the Azusa Downtown Metro Station, providing an eight-minute commute to Pasadena and seamless connectivity throughout Los Angeles. “Lumia represents a premier, transit-oriented asset in a walkable setting in Downtown Azusa, an emerging San Gabriel Valley submarket,” said Chris Tresp, vice president at CBRE.
Source:Los Angeles Times
February 05, 2026 17:31 UTC
Austin Beutner drops out of L.A. mayor’s race, citing daughter’s death
Austin Beutner, shown at a news conference in San Pedro in October, announced he was dropping out of the L.A. mayor’s race a month after the death of his daughter, 22-year-old Emily Beutner. Former Los Angeles schools Supt. Austin Beutner said Thursday that he is dropping out of the race for mayor, citing the recent death of his 22-year-old daughter. In his statement withdrawing from the race, Beutner continued to highlight some of the problems he discussed during his campaign. “I know he loves Los Angeles, and that he has been faced with ... an extraordinarily hard decision,” she said.
Source:Los Angeles Times
February 05, 2026 17:03 UTC
GoFundMe for 300 axed Washington Post journalists surpasses $250K on first day
The Washington Post Guild created a GoFundMe for the more than 300 journalists that were laid off at the mainstay newspaper Wednesday morning — and were “bowled over” by the influx of donations from near and far. The GoFundMe, organized by the guild and overseen by economics reporter Rachel Siegel, eclipsed $250,000 in donations Wednesday evening. 4 The Washington Post Guild organized a GoFundMe for the sum-odd 300 journalists who were fired Wednesday. The Washington Post via Getty Images“This is an incredibly hard day at The Post, and for the most part, words fail. The need is also unprecedented, and the scale hard to comprehend,” Siegel wrote in an update Wednesday.
Source:Washington Post
February 05, 2026 15:33 UTC
Graffiti towers agreement clears a path for cleanup
The skyscraper known as the Graffiti Towers — officially the Oceanwide Plaza development — has reached a bankruptcy exit agreement that paves the way for a potential sale, court records show. A federal bankruptcy judge on Tuesday signed an order approving the agreement , which was filed on Jan. 28 and resolves various disputes between creditors. The Chinese-backed, mixed-use development project would have included more than 500 condos and 180 hotel rooms across three towers. But construction stalled in January 2019 as the owner — the publicly traded, Beijing-based conglomerate Oceanwide Holdings — ran out of money to pay contractors. China Oceanwide Holdings was delisted from the Hong Kong Stock Exchange last year.
Source:Los Angeles Times
February 05, 2026 15:30 UTC
How knowledge silos affect emergency management application development
The goal of this study is to pinpoint patterns that identify knowledge siloing and missed opportunities to break down such silos. This article discusses how eliminating knowledge silos and increasing collaboration between Emergency Management (EM) and Information Technology and Telecommunications (ITT) professionals can expand situational awareness and improve disaster management. This research uses NVivo software to perform Qualitative Data Analysis on insights provided by subject matter experts (SME), and selected research studies. Separating the datasets into EM cases and ITT cases did result in significant overlap in certain key areas and is explained in detail in the results section. Analysis reveals several themes common to both the EM and ITT cases, with “Communication” and “Information” being the most common.
Source:Washington Post
February 05, 2026 15:26 UTC
Bernie Sanders spent over $550K in 2025 campaign funds on private jets, filings show
In 2025, according to Sanders’ FEC filings, he spent at least $354,000 in campaign funds to pay for private jet services through Ventura Jets. The other private jet companies Sanders spent campaign funds on included N-Jet and Cirrus Aviation Services. During his failed 2020 presidential campaign, the Sanders campaign spent over $1.9 million on private jets, including Apollo Jets and the Advanced Aviation Team, a Virginia-based private jet company. According to the 2021 Transport and Environment report, private jets are up to 14 times more polluting than commercial planes. It is unacceptable,” Ocasio-Cortez said in 2023, in one example of the New York congresswoman herself railing against private jets.
Source:Fox News
February 05, 2026 15:00 UTC
UCLA fires DEI director after social media posts on Charlie Kirk’s death
From his Los Angeles home, Johnathan Perkins, a Black diversity, equity and inclusion director at UCLA, had a different take. Across more than 47,000 Bluesky posts, Perkins frequently derides the Trump administration, including posts this year criticizing Homeland Security Secretary Kristi Noem amid Minneapolis immigration raids. Perkins, the former UCLA DEI director, said he plans to sue the university over his firing. (Jason Armond / Los Angeles Times)While a student, he entered the spotlight in May 2011 when he recanted an article he wrote in a campus law publication. In 2022, when employed at UCLA, Perkins tweeted that “no one wants to openly admit [we all] hope Clarence Thomas dies,” calling him “Uncle Thomas”.
Source:Los Angeles Times
February 05, 2026 14:50 UTC
The New Luxury Home Isn’t Bigger. It Just Feels Better.
Enter email address Agree & ContinueAdvertisementThat’s where the idea of experience-led living comes in. “Experience-led simply means living in a home that’s designed around how you want to feel and function,” she says. “If a client tells us they unwind by cooking and hosting, the kitchen must be a sociable gathering space,” Wilk says. “People want homes that feel tactile and homely,” she says, “not glossy and untouchable.”There’s less interest now in rooms that feel staged. What Clients Say Instead of “Experience-Led Living”“Most clients don’t walk in saying, ‘I want experience-led design,’” Wilk says.
Source:Los Angeles Times
February 05, 2026 14:50 UTC
The Washington Post guts coverage of D.C. area in mass layoffs
Mass layoffs at The Washington Post today (Wednesday) have prompted grief and outrage among D.C.-area reporters and a pointed rebuke of the newspaper’s owner from U.S. Rep. Don Beyer (D-Va.). While the Post has not published a complete list of layoffs, many reporters have announced their job losses on social media. “I was sadly among those laid off at The Washington Post today, along with most of the Metro section and many other colleagues,” Rosenzweig-Ziff posted. A private company, the Post does not reveal how many subscribers it has, but it is believed to be roughly 2 million. “The Post Guild vehemently opposes any more staff reductions,” the union wrote.
Source:Washington Post
February 05, 2026 14:30 UTC
America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk
FacebookTwitterPinterestLinkedInEmailA recent report in the Washington Post highlighted a striking reality: economists, researchers, and policymakers cannot agree on the true size of the U.S. housing shortage. In practice, however, the inability to define the scope of the shortage introduces real risk into housing policy, development strategy, and long-term affordability. When the housing market collapsed, builders dramatically reduced activity. A functional housing market requires turnover inventory. Affordability Is the Clearest SignalWhile economists debate the numerical size of the shortage, affordability offers a more tangible diagnostic.
Source:Washington Post
February 05, 2026 14:24 UTC
Peloton Revenue Falls on Declining Subscriptions as CFO Leaves
Revenue fell to $656.5 million, down from $673.9 million a year prior. The fitness company also said Thursday that Chief Financial Officer Liz Coddington was leaving to pursue an opportunity outside the industry. Revenue fell to $656.5 million, down from $673.9 million a year prior. Fitness products revenue fell to $243.9 million from $253.4 million last year. Peloton ended the quarter with 2.7 million paid connected fitness subscriptions, a 7% decline from 2.9 million a year ago.
Source:Wall Street Journal
February 05, 2026 14:02 UTC
Video The latest on the search for Savannah Guthrie's mom
The latest on the search for Savannah Guthrie's mom Trevor Ault reporting from Arizona saying that people are in disbelief that something like this could happen in their community. And now the FBI is providing more support to find Nancy Guthrie.
Source:ABC News
February 05, 2026 13:19 UTC
ICE agents can't make warrantless arrests in Oregon unless there's a risk of escape, US judge rules
Similar actions, including immigration agents entering private property without a warrant issued by a court, have drawn concern from civil rights groups across the country amid President Donald Trump's mass deportation efforts. Courts in Colorado and Washington, D.C., have issued rulings like Kasubhai’s, and the government has appealed them. But the judge heard evidence that agents in Oregon have arrested people in immigration sweeps without such warrants or determining escape was likely. The daylong hearing included testimony from one plaintiff, Victor Cruz Gamez, a 56-year-old grandfather who has been in the U.S. since 1999. Cruz Gamez testified that he was driving home from work in October when he was pulled over by immigration agents.
Source:ABC News
February 05, 2026 12:43 UTC
Deep Job Cuts at 'Washington Post'
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Source:Washington Post
February 05, 2026 11:42 UTC
Peppa Pig’s New Deaf Storyline Hits Home For Parents Like Me
Peppa Pig Peppa Pig and brother George, who will wear a hearing aid in upcoming episodes of the cartoon after the family learns he has moderate hearing loss in one ear. I’d grown up as a child of deaf parents, but television never showed families like mine. That’s why the new Peppa Pig storyline, in which George (Peppa’s younger brother) is revealed to be deaf, feels so powerful. And as a child myself of deaf parents, I know that seeing stories like this could have helped my parents feel more visible when they were raising me. For more information and to explore resources for deaf children and families, visit www.ndcs.org.uk/georgepig.
Source:Huffington Post
February 05, 2026 11:34 UTC