EKN Development Partner’s proposed Echo Park Hotel rendering Hoping to get in on Los Angeles’ rapid gentrification process, a developer is seeking city approval for a 185-room hotel in a presently undeveloped stretch of land between ...
Coronavirus could hurt the US hotel industry, which had $300 billion in debt as of September. (Credit: iStock) Hotel owners who seized on low interest rates and took on big loans are facing greater exposure as coronavirus fears puts a ...
John Jureller and Amol Sarva of Knotel (Credit: Accordion; Wikipedia Commons) Office-space company Knotel has installed a new chief financial officer, as the firm cuts back on growth to pursue profit. The firm said Wednesday it had ...
(Credit: iStock, STR/JIJI PRESS/AFP via Getty Images, Pixabay) It’s official: the coronavirus outbreak has hit the fundamentals of U.S. hotels. The occupancy rate nationwide plunged 7.3 percent from this time last year to 61.8 percent, ...
Homeowners are rushing to refinance their homes as mortgage rates sink amid coronavirus concerns (Credit: iStock) Homeowners are rushing to refinance amid historically low mortgage rates. The volume of refinance applications grew 79 ...
Historic Parker Building could become a hotel (Credit: Google Maps) A developer of boutique hotels wants to transform the historic Palmer Building on Hollywood Boulevard into an 87-key mixed-use development. Orange County-based Artist ...
Offices are emerging as key epidemic battlegrounds, and the trend toward tighter, open floor plans isn’t helping. (Illustration by The Real Deal) With tech companies and co-working firms leading the way, more office tenants have ...
Prologis CEO Hamid Moghadam and Blackstone’s Jonathan Gray In industrial real estate, it’s a close race to the top. Blackstone and Prologis are going head to head to be crowned the firm that holds the most industrial space on the ...
CEO Anthemos Georgiades (Credit: iStock) Zumper, a rental platform and Zillow competitor, said Tuesday that it closed a $60 million funding round to bulk up its engineering team and invest further in its ability to process rental ...
Kathryn Bigelow and the home (Credit: Trisha Leeper/FilmMagic/Getty Images, and Coldwell Banker) In the Kathryn Bigelow movie “Point Break,” surfer/bank robber Bodhi observes, “Fear causes hesitation, and hesitation will cause your ...