Caruso is a privately owned, industry-renowned company that blends best-in-class real estate with five-star hospitality to create a timeless collection of town centers, residences, offices, street-front retail and more.


For nearly three decades, Caruso has been creating extraordinary destinations in some of the most desirable locations in and around Los Angeles. Over the years, we have evolved across multiple lines of business, continually breaking new ground and redefining the shopping and lifestyle experience. While each has its own rich history, every Caruso property is deeply rooted in a dedication to delighting guests, both present and future.

Our History


Rick Caruso establishes Caruso Affiliated Holdings after purchasing the Loehmann’s site on La Cienega


Caruso opens 333 S. La Cienega, the company’s first retail project


Encino Marketplace, the company’s first market-anchored retail project, opens


After just 22 weeks of construction, The Village at Moorpark opens in Thousand Oaks


The Promenade at Westlake is created, completely redefining the traditional “shopping mall” experience, and later wins ICSC’s 1998 International Design and Development Award


Caruso purchases and performs extensive renovation of the Promenade Court, a two-story office building adjacent to The Promenade at Westlake


The Commons at Calabasas opens, garnering multiple international awards including the Urban Land Institute’s Award of Excellence


The Grove is born, breathing new life into the West Los Angeles area and the adjacent Original Farmers Market


The Americana at Brand, Caruso’s first mixed-use property, opens in Glendale, completely revitalizing the surrounding area


8500, Caruso’s first stand-alone residential project, redefines luxury living and becomes the West Coast’s most sought-after address


Caruso acquires street-front retail located in the heart of L.A.’s affluent Brentwood community


Caruso restores The Masonic Temple into a striking and innovative Class-A office and retail space


Caruso creates 252 South Brand Blvd, a street-front collection of five popular eateries across from The Americana at Brand


Palisades Village, Caruso’s modern-day re-creation of downtown Pacific Palisades, is under construction and will open in summer 2018


Rosewood Miramar Beach Montecito, Caruso’s five-star beachfront resort, is under construction and slated to open in summer 2018

Thought Leadership

Discover the latest groundbreaking ideas and intelligent analysis in urban planning, public transportation, retail and real estate.