Realogy CEO Ryan Schneider (Credit: Jhila Farzaneh for The Real Deal) Realogy is the latest iBuyer to stop making cash offers for houses amid the market turmoil sparked by the coronavirus pandemic. In a statement, the brokerage holding ...
CGI’s Gidi Cohen and the Fedora Street project CGI Strategies has secured a $47.8 million construction loan to build a 200-unit project in Koreatown. Dekel Capital arranged the financing with a national lender. Dekel has worked with ...
(Credit: iStock) As the federal government races to lock down a trillion-dollar stimulus package, public real estate firms — from real estate investment trusts to major brokerages — edged higher Thursday, along with the broader stock ...
Lennar’s Stuart Miller The novel Coronavirus is a “circuit breaker” that will have profound implications on the market, but with low interest rates people are still buying homes, Lennar’s executive chairman Stuart Miller said on a ...
Appraiser Justin Jangwoo Kim pled guilty to coordinating $500,000 bribe There was another bombshell Thursday into the federal probe of real estate developers bribing Los Angeles city officials — a guilty plea from a longtime L.A. real ...
Glenn Kelman Discount brokerage Redfin Corp. is suspending its instant home-buying program amid economic turmoil sparked by the coronavirus pandemic. The Seattle-based firm, led by CEO Glenn Kelman, made the announcement Wednesday, ...
Construction in Los Angeles (Credit: Sam Lafoca/Construction Photography/Avalon/Getty Images) Construction work has ground to a halt in San Francisco, Boston, and elsewhere, but the hard hats are still on for Los Angeles and Santa ...
U.S. housing starts and permits are up from last year, but experts say the coronavirus could hit construction hard. (Credit: iStock) U.S. home builders started more projects in February compared to the same time last year, new data ...
Los Angeles Mayor Eric Garcetti (Credit: Emily Shur/Wikipedia and Mario Tama/Getty Images) The City of Los Angeles will lend businesses up to $20,000 to soften the economic blow of the coronavirus pandemic that has put many businesses ...
Hotel occupancy fell 25% to 50% in major markets hit by the coronavirus. (Credit: iStock) By every conventional measure, the hotel industry took a beating last week as the country went further into lockdown to contain the spread of the ...