The global economy may have begun melting down in March. But for Los Angeles residential brokerages, the month was the calm before the storm. While a statewide shelter-in-place order brought about by the coronavirus pandemic suspended ...
David Beckham and Victoria Beckham with One Thousand Museum (Credit: Anthony Harvey/Getty Images) David and Victoria Beckham paid about $24 million for a full-floor unit at the Zaha Hadid-designed One Thousand Museum condo tower in ...
How do you underwrite a home mortgage when the economy is in flux and everyone is forced to stay indoors? Alan Rosenbaum, CEO and founder of GuardHill Financial Corp.; Ace Watanasuparp, senior vice president and national director of ...
The AES power plant in Redondo Beach (Credit: Scott Varley/Digital First Media/Torrance Daily Breeze via Getty Images) A sale has closed that could determine the future of Redondo Beach’s surfside power plant. On Monday, power plant ...
Brian Chesky (Credit: Richard Bord/Getty Images) Once again, Airbnb is in damage control. After facing backlash from hosts for changing its cancellation policy in response to Covid-19 — offering guests full refunds without penalties — ...
Belmont Village CEO Patricia Will and a rendering of the Westwood project (Credit: City of Los Angeles via Urbanize) A city report offers the first look at a senior-living mid-rise development planned on Wilshire Boulevard in Westwood. ...
Ginnie Mae principal executive vice president Seth Appleton (Credit: Wikipedia Commons; MHS) Nonbank mortgage lenders, who are bracing for a massive cash crunch as borrowers across the country seek loan forbearance because of the ...
Garcetti bans residential rent increases on rent-controlled units in LA(Credit:iStockphoto) Los Angeles Mayor Eric Garcetti is banning landlords of rent-stabilized units from increasing rents during the coronavirus emergency. “Until ...
(Credit: iStock) EB-5 was left out of Congress’ $2 trillion federal stimulus package bill, crushing developers’ hopes of getting cheap financing as real estate deals come to a halt. The federal program that allows foreign investors the ...
(Credit: iStock) For much of the real estate industry, the $2 trillion stimulus package President Trump signed into law to bolster the economy doesn’t do enough. The plan offers limited relief to real estate, industry pros said, though ...