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Month: June 2019

Investors jittery amid Fannie and Freddie backstop uncertainty

The offices of Freddie Mac in McLean, Virginia (Credit: Getty Images) Investors are nervous amid a government plan to overhaul Fannie Mae and Freddie Mac and end the decades-long government conservatorship after the government took ...

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  • 26 Jun
  • The Real Deal
  • Uncategorized
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On the move: Kevin Durant has left Malibu

Kevin Durant and the home in Malibu (Credit: Victoria Point Road) Kevin Durant is officially a free agent. At least in terms of his Southern California real estate. The Golden State Warriors star — whose actual contract expires Sunday ...

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  • 26 Jun
  • The Real Deal
  • Uncategorized
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Presidential debate 2020: Where do these Democratic candidates stand on housing?

From left: Cory Booker, Tulsi Gabbard, Bill de Blasio, Elizabeth Warren and John Delaney (Credit: Getty Images) From left: Julián Castro, Jay Inslee, Amy Klobuchar, Beto O’Rourke, and Tim Ryan (Credit: Getty Images) Sen. Elizabeth ...

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  • 26 Jun
  • The Real Deal
  • Uncategorized
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Shakeup: Data firm Credifi lays off almost a quarter of its employees, president departs

Eli Razin Commercial real estate data firm Credifi has laid off almost a quarter of its staff, and its president left last month, according to multiple sources. The shakeup comes just months after the Tel Aviv-based analytics startup ...

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  • 26 Jun
  • The Real Deal
  • Uncategorized
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This LA city may become latest to impose a rent freeze

Culver City Mayor Meghan Sahli-Wells and Culver City city hall With average rent and housing costs continuing to climb, more cities and counties — including Los Angeles County — have enacted temporary measures to protect tenants and ...

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  • 26 Jun
  • The Real Deal
  • Uncategorized
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Trump admin wants to spur affordable housing by easing local building restrictions

U.S. Department of Housing and Urban Development secretary Ben Carson and President Donald Trump (Credit: Getty Images and iStock) President Donald Trump wants to give a boost to affordable housing development by easing or nixing ...

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  • 26 Jun
  • The Real Deal
  • Uncategorized
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PHOTOS: LA’s top industry players gather for TRD ‘s Residential Showcase

At The Real Deal Los Angeles’ Residential Showcase and Forum, the great sales slowdown was the hottest topic of discussion. Over 250 professionals gathered to hear the expert analysis of the market from top industry players at The ...

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  • 25 Jun
  • The Real Deal
  • Uncategorized
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Ratkovich, AXA ownership team shop 5900 Wilshire for $300M: sources

AXA Capital Head of North America Steve McCarthy and Ratkovich CEO Wayne Ratkovich, with 5900 Wilshire Boulevard An ownership group that includes developer Ratkovich Co. and AXA Capital are looking to sell or recapitalize 5900 ...

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  • 25 Jun
  • The Real Deal
  • Uncategorized
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Jerry Perenchio’s Bel Air estate gets $50M price chop, its second cut since 2017

Jerry Perenchio and the Chartwell Estate The massive Bel Air estate of late media mogul Jerrold Perenchio just got another deep discount. Once a $350 million pocket listing, the 10-acre Chartwell Estate got a price cut of $245 million ...

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  • 25 Jun
  • The Real Deal
  • Uncategorized
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Virtual brokerage eXp hit with trademark suit on heels of NY launch

eXp Realty CEO Glenn Sanford with eXp Realty and EXP Realty Advisors logos (Credit: iStock) Less than a month after launching in New York City, virtual brokerage eXp Realty is in hot water with a local competitor claiming trademark ...

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  • 25 Jun
  • The Real Deal
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