Empire State Building (Credit: iStock) Why have shares of real estate investment trusts failed to perform well recently? A mass offloading by Japan-based REITs may be the answer. In 2016, REIT funds based in Japan that targeted the ...
(Credit: Wikimedia Commons) With less than a week to the elections, fundraising for and against Proposition 10 – which would repeal a state law that prohibits local rent control – has topped $100 million, making it one of the most ...
A CBRE office space (Credit: CBRE) CBRE is entering the co-working business. The brokerage announced on Wednesday that it is launching Hana, a subsidiary that will enter property management agreements with landlords to provide flexible ...
The AES Power Plant in Redondo Beach (Credit: AES California, Getty Images) UPDATED, Oct. 31, 5:45 p.m: Leo Pustilnikov, a real estate investor, has emerged as the buyer of the contentious AES Power Plant site, closing the book on a ...
3638 South Motor Avenue (Credit: Pixabay) A proposal to build a multifamily complex in the Palms neighborhood has been slightly revised following the passage of the Transit Oriented Communities program. An LLC named UB Motor, linked to ...
Opportunity Zones map, Somera Road Ian Ross Add Somera Road to the growing list of real estate investment groups seeking to raise millions of dollars to invest in distressed areas as part of a new federal program. Somera Road is ...
A developer has proposed a 108-unit mixed-use project in place of this auto shop in Culver City. (Credit: iStock, Google Maps) Plans were filed today with the city of Los Angeles for a new mixed-use project with 108 residential units ...
550 Seabreeze Hotel (Credit: iStock) In 2012, a trio of developers drew up plans to build a 12-story InterContinental hotel in Fort Lauderdale Beach. The Las Olas Ocean Resort would include a 12,000-square-foot restaurant from the ...
HCL Corporation CEO Roshni Nadar Malhotra and Urban Fulfillment Services’ Westlake branch at 30870 Russell Ranch Road The Westlake branch of mortgage processing firm Urban Fulfillment Services LLC is shutting its doors, a possible ...
(Credit: iStock) U.S. home prices are continuing to lose steam. In August, annual home-price gains slid below 6 percent for the first time in a year, according to the S&P CoreLogic Case-Shiller Index. The index, which measures ...