Gary A. Shiffman and Prologis CEO Hamid R. Moghadam (Credit: Prologis) In an uncertain U.S. economy, real estate investment trusts have had a standout year. Overall, the sector has notched better than 25 percent total returns ...
Developers are paying big for parking lots in urban areas. (Credit: iStock) “They paved paradise to put up a parking lot,” Joni Mitchell famously sang. However, in hot real estate markets, we’re well past that. Developers, desperate ...
A rendering of City Century’s Olympia in DTLA (Credit: Visualhouse / City Century) Chinese developer City Century has finally closed on a sought-after development site in downtown to build a $1 billion housing and retail complex ...
(Credit: iStock) In fragmentation, there is real estate opportunity. And that makes healthcare one of the most interesting spaces for private equity real estate investors, generating billions of dollars in trades over the past year, ...
Ben Carson (Photos by Stephen Voss) Ben Carson’s office is what one might expect from a former neurosurgeon: clean, with few distractions, in a sterile, hospital-like setting. The Secretary of the U.S. Department of Housing and Urban ...
Soon-Shiong beside his latest El Segundo buy Billionaire business mogul Patrick Soon-Shiong has expanded his El Segundo empire, purchasing a 33,000-square-foot office building in the neighborhood for $19 million. A limited liability ...
David Pressberg and 6000-6024 Buckingham Parkway (Credit: Google Maps) R.W. Selby & Co. picked up a rare multifamily complex in Culver City in a $33 million off-market deal. The transaction was brokered by a Kennedy Wilson agent ...
The Obamas and 79 Turkeyland Cove Road (Credit: Getty Images, Zillow) Former President Barack Obama and First Lady Michelle Obama recently closed on an $11.75 million, 6,900-square-foot estate in Martha’s Vineyard, making it the ...
Toll Brothers CEO Doug Yearley (Credit: iStock) Lackluster home sales took a bite out of Toll Brothers’ 2019 profits, which dropped 20 percent to $590 million, the homebuilder reported Monday. The Pennsylvania-based firm reported $7.08 ...
Softbank CEO Masayoshi Son and Goldman Sachs CEO David Solomon (Credit: Getty Images) WeWork’s got a new bank and a new line of credit. Goldman Sachs arranged a $1.75 billion line of credit for SoftBank Group with WeWork listed as a ...