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Month: April 2020

Rogue employee launched PR campaign for Travis Kalanick’s new “Internet Food Court” brand, company claims

Travis Kalanick (Credit: Justin Sullivan/Getty Images) The world appeared to get a sneak peek last week of a new brand that Travis Kalanick’s City Storage Systems is reportedly developing, but just a few days later the company ...

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  • 11 Apr
  • The Real Deal
  • Uncategorized
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Judge hauls LA officials to Skid Row to see lackluster coronavirus response

U.S. District Judge David Carter finishes presiding over a closed hearing to discuss possible immediate solutions to the Skid Row (Credit: (Photo by Genaro Molina/Los Angeles Times via Getty Images; Wikipedia) A federal judge in Los ...

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  • 11 Apr
  • The Real Deal
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Money, forbearance, and evictions: Landlords want it all from Washington

Mitch McConnell and Nancy Pelosi (Credit: Samuel Corum/Getty Images and Andrew Caballero-Reynolds/AFP via Getty Images) Trade groups representing the biggest residential players have asked the federal government for an array of relief ...

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  • 10 Apr
  • The Real Deal
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Activist investors dive in as real estate stocks tank

Keith Meister and Bill Ackman (Credit: Meister by Patrick McMullan/Patrick McMullan via Getty Images, Ackman by Sylvain Gaboury/Patrick McMullan via Getty Images, iStock) As the coronavirus pandemic has pummeled the stock market, Wall ...

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  • 10 Apr
  • The Real Deal
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Hotels provide relief to franchisees — but some say it’s not enough

The relief has varied across brands — from slashed fixed fees to deferrals of certain payments. (Credit: iStock) Hotel chains have taken steps to support their franchisees around the country as the coronavirus pandemic has caused ...

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  • 10 Apr
  • The Real Deal
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REITs outperform market this week amid Fed action to boost lending

(Credit: iStock) Real estate stocks rebounded in a shortened week as investors showed renewed optimism for equities in general, and the Federal Reserve announced more measures to bolster the U.S. economy. From last Friday’s close ...

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  • 10 Apr
  • The Real Deal
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Second Take: Inside the movement for a national rent strike

“We think landlords are going to need help too — someone should be organizing landlords.” It’s not every day that you hear tenant organizers talking this way. But these are not normal times. Reporter Georgia Kromrei went deep into the ...

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  • 10 Apr
  • The Real Deal
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Announcing The Real Deal’s special national issue

After more than 17 years of content that’s spread from New York and its surroundings to South Florida, Los Angeles and Chicago, we’re excited to present a new magazine this May that will bring The Real Deal’s coverage to doorsteps ...

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  • 10 Apr
  • The Real Deal
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This is who Compass terminated in California

Robert Reffkin (Credit: Brad Barket/Getty Images) Compass’ nationwide layoffs last month resulted in job losses for 150 workers across 14 office locations in California, according to the state’s employment office. The layoffs were ...

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  • 10 Apr
  • The Real Deal
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“It’s going to get worse”: Resi landlords take hit on April rental income

Tom Bannon, CEO of the California Apartment Association April has been cruel for California residential landlords but the cruelest months may be ahead. Rent came due for the state’s six million apartments over a week ago, but ...

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  • 09 Apr
  • The Real Deal
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